Facebook treads carefully when comes to dealing with Instagram generated revenue; although the company has plans on exploring new horizon with the help of this app. Facebook has plans up his its sleeves to boost its profit margin. Although, it didn’t have dramatic effects of Yelp and Twitter, the...

The People's Bank of China (PBOC, the central bank of the country) is likely to reduce the reserve requirement for banks by 0.5-1 percentage point in the coming weekend, believes economist at HSBC in Hong Kong Julie Wang. The signals of weakening of the Chinese economy, as well as a sharp reduction...

Daimler wants to cooperate with It giants Apple and Google to help develop the next generation autos. Chief executive of the company, Dieter Zetsche said that the next generation autos, slated to ultimately be auto driven and driverless, cannot be built without greater input from telecoms and...

With the aim to give a chance to users to have a first-hand experience of using the Galaxy series smart phones, Samsung is offering iPhone users a one month rental of their top notch smartphones for just $1. The one month near free trial includes offers to use any of the three top smartphone...

A new technology for 3D printing being developed by Carbon3D gas attracted a host of top notch investors that include Google Investments and billionaire Yuri Milner, known for his early investments in Facebook and Twitter.   After a round of fund raising blitz organized by the...

While facing intense competition from local Asian rivals like Ola, Singapore's GrabTaxi and China's Didi Kuaidi, the San Francisco based company has managed to secure an investment of anything between $80-100 million from the Indian Manufacturing Group Tata.   This is also the time when Uber...

Most people would conceal their private information or try and protect their private information when they subscribe or sign up for an infidelity site. And when the personal information stored in such a site gets hacked, love lives and reputations can come to be at risk. This is exactly how...

A unit of Citigroup Inc will have to cough up a whopping $15 million in order to settle a slew of civil charges that were placed against the bank alleging that the bank failed to enforce policies that were designed to prevent and detect insider trading, according to US regulatory sources. This is...

LinkedIn is all ready to unveil a new application that would help professionals to be more productive and successful by helping them easily find, learn about, and contact their co-workers. The announcement was made in a blog written by the co-founder Ankit Gupta. The concept of the new...