Paying for their late 2013 data breach as claimed by banks and credit unions, Target Corp has agreed to pay $39.4 million to resolve claims.   Lenders had sought to hold Target responsible for their costs to reimburse fraudulent charges and issue new credit and debit cards. The settlement...

Stocks and currencies in emerging markets are falling for the second day against the backdrop of the fact that the statements of the US Federal Reserve’s head Janet Yellen reinforced expectations of key rate for the first time in 10 years. Dynamics of shares of energy companies led to the fall of...

In a public post defending its privacy protections, Google denied accusations that it deceptively tracks and stores student data through its education services on Wednesday.   “While we appreciate the EFF’s focus on student data privacy, we are confident that our tools...

Later this week during a meeting, the Board of Yahoo would discuss the prospects of selling of its core Internet business, news agency Reuters reported. Quoting sources close to the company and familiar with the matters, the report said that the debate about the future of the company and that of...

While Nokia had unveiled Ozo, its high-end virtual reality camera designed to capture video and audio in full, 360-degree glory, the company announced the price of the futuristic device at $60,000.   While artists are regularly creating live-action VR content, Ozo is the kind of integrated...

Iran has pledged to bring five LNG projects on-stream in the next three years. This was announced very recently by Hamidreza Araqi, Chief Executive of the National Iranian Gas Company (NIGC).   The short period to bring the projects on-stream would be a remarkable achievement in itself,...

German prosecutors have announced an investigation into whether the Volkswagen emission scandal also constituted tax evasion after a couple of months since the German car maker admitted that it had sold up to 11 million cars worldwide fitted with software designed to produce favorable and flawed...

Smaller only than a precious stone carved up to adorn the British crown jewels, the second-largest diamond ever unearthed is a nearly tennis-ball-size gem discovered in Botswana very recently.   This giant sized diamond was found last week at the Karowe Mine in Botswana, said Lucara Diamond...

With the Russian state-controlled oil group Rosneft looking to further explore and develop one of the largest oil and gas condensate fields in the Siberian region and is on the lookout for financing, it has got a partner in the form of BP that has acquired a 20% stake in Rosneft’s Eastern Siberia...