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Apple officialy confirms the acquisition of motion-capture firm Faceshift

Previously, it came into hearing that Apple has decided to acquire Facelift. But now, it officially confirmed in its statement. The Faceshift company is behind the motion capture technology used in Star Wars. The technology captures the real-time gestures of actors onto the animated characters used in film or game.

Nov 25, 2015 2:27 AM EST


Oil supply glut creating traffic jams at sea

The rising levels of oil inventories are resulting in more supplies and this is creating traffic jams of tankers on the seas shores and along the US Gulf Coast. The floating storage of crude oil rose three times. A number of oil tankers are queuing up waiting for offloading.

Nov 25, 2015 2:20 AM EST


Morocco to build the world’s largest solar power plant

Morocco will build the largest solar power plant in the world to provide electricity in the country by 2020. The first phase of the project will go online next month. Morocco also plans to export its solar energy to other countries in Europe.

Nov 25, 2015 2:16 AM EST


Ackman Established Superiority On Pershing By Raising Its Stake In Valeant Pharmaceuticals

Activist investor Ackman has recently announced that Pershing has increased its amount of stakes in Valeant Pharmaceuticals. According to experts, this decision will play an interesting role in the besieged drug maker’s strategy.

Nov 25, 2015 2:09 AM EST


Xiaomi Introduces Latest Redmi Note 3 With Fingerprint Scanner Technology: More Surprises Unveiled

Are you a gadget freak and like to update your mobiles with the latest model launched in the market at regular intervals? The outstanding features of just launched Redmi Note 3 will surely blow your mind. Xiaomi is surprising their customers with back to back product up gradation.

Nov 25, 2015 2:02 AM EST


People with unpaid IRS debt can have their Passports cancelled

A bill that that may cancel the passports of people with unpaid IRS loans is going to be approved very soon.

Nov 25, 2015 2:01 AM EST


Gender Pay Gap Can be Solved by These Two Things

Transparency and removing negotiations are the best ways to reduce the ever growing gender gap pay, says Forbes.

Nov 25, 2015 1:50 AM EST


Evergrande Bought 50% of Great Eastern Life Assurance for Share 3.9 billion yuan to diversify into insurance

China’s Evergrande Real Estate Group Ltd., bought 50 percent share from Great Eastern Life Assurance Co for 3.9 billion yuan, or $610 million, to diversify into insurance.

Nov 25, 2015 1:42 AM EST


Audi admits Volkswagen Installed Defeat Device in 85,000 more cars

Audi admitted to the Environmental Protection Agency (EPA) that there are 85,000 more Volkswagen cars with illegal defeat devices to cheat emissions results.

Nov 25, 2015 1:38 AM EST


Alberta limits Oil-Sands Emissions to curb pollution

Alberta will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price to reduce pollution in the province.

Nov 25, 2015 1:27 AM EST


Jack Dorsey, retail investors win, while underwriters lose in Square IPO

The IPO from Square has set a new record by receiving an overwhelming response on its listing day. the stock rose 45% giving more cheers to investors. Forbes has done some assessment on who are the winners and losers in Square IPO.

Nov 25, 2015 12:13 AM EST


UK allots £1B fund for the eradication of malaria, other infectious diseases

The UK government will be spending £1 billion for the eradication of malaria and other infectious diseases. To fight against these dangerous diseases, the UK government is setting up a £1-billion fund to be spent over the next five years. The UK is working on this ambitious project in partnership with Bill and Melinda Gates.

Nov 24, 2015 10:57 PM EST