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Tesla hires Google's former VP

Tesla Motors announced the company has named a new CFO, Jason Wheeler who was vice president of finance for Google and has been working there for 13 years. The announcement was done during a conference call for its third-quarter earnings report.

Nov 04, 2015 3:36 AM EST


Four of 10 products sold online in China are fakes, shoddy

China has released a report saying more than 40% of products sold online are fakes or shoddy, dealing a big blow to the credibility of e-commerce giants like Alibaba. But the report itself is under scrutiny, as it based upon only a limited data.

Nov 04, 2015 3:35 AM EST


Target launches Instacart delivery service for its shoppers in San Francisco

Target has expanded its Instacart delivery service to San Francisco. The service is following the success collaboration in Minneapolis market.

Nov 04, 2015 3:34 AM EST


Drilling activity in Canada set to slow down

The continuous fall in oil price is forcing many drilling companies to reduce rig output in Canada. The oil rigging companies have already been slashing budgets and cutting down jobs to weather the lower oil price regime. The drilling activity is poised for a further drop in next year.

Nov 04, 2015 3:31 AM EST


From online to offline: Amazon is opening its first physical bookstore in Seattle

Amazon is opening its first bookstore in the University Village shopping center, Seattle. Amazon Books will sell about 6,000 titles of high rating books in Amazon.com.

Nov 04, 2015 3:29 AM EST


Chipotle responds to the 35 cases of E. coli infection

Chipotle restaurant chains announced to improve food safety amid E. coli infection cases in Washington and Oregon. The company is hiring two food safety consultant firms to perform batch testing the food ingredients.

Nov 04, 2015 3:27 AM EST


Windows 10 Market Share Increased by 7.94 in October

Microsoft's latest Windows 10 had a significant growth in market share by 7.94 percent in October, up from 6.63 percent in September.

Nov 04, 2015 2:57 AM EST


HSBC Pre-Tax Profit grew more than expected due to lower regulatory fines cost

Lower cost of regulatory fines led to an increase in HSBC's pre-tax profit, beating analysts' expectations of $5.2 billion.

Nov 04, 2015 2:37 AM EST


American Tech Giants Increasing Partnerships with Chinese Companies Impose Threat to US National Security

Critics fear that the growing number of United States giant tech companies partnering with Chinese firms connected with the Asian country's military may improve Chinese military technological capabilities and could even harm US national security.

Nov 04, 2015 2:20 AM EST


Energy, healthcare triggers Wall Street gains; Nasdaq 100 hits 15-year high

US stocks climbed across sectors Monday adding to the momentum of its growth from the August 25 drop. Thanks to the increases in the energy sector and the growing acquisition activities in healthcare.

Nov 04, 2015 2:13 AM EST


Asian stocks follow gains on Wall Street

Taking cues from overnight rally on Wall Street, Asian stocks also surged. However, China markets slipped into presure owing to investigations over financial scam and illegal future trading dampened the market sentiment. Japan markets were closed on account of a holiday. Remaining Asian stocks were in positive mode and looking to cues from US Fed Reserve and European Central Bank.

Nov 04, 2015 2:09 AM EST


Vegetarian Destinations: Top 5 Cities For Vegan Travelers

Many vegans find it hard to find a meal without animal products in it. Vegetarian eating is continuously growing as many cities all over the world are now offering vegan food on their menu.

Nov 04, 2015 1:55 AM EST