1 billion people on a single day: Facebook sets new record
Facebook has set a new record in online users as it registered one billion people accdesing its website on a single day.
Aug 28, 2015 5:19 AM EDT
McDonald's rejects Burger King's McWhopper peace deal
McDonald's had declined the proposal of Burger King to team up for a cause. Burger King is hoping to unite the country's two favorites and best-loved burgers producing a hybrid peace-loving McWhopper even for just a day.
Accenture enhances parental benefits for US and Canadian parents
Accenture announces enhancements in their parental leave benefits. The enhanced parental benefits include giving both men and women the chance to work locally after the birth or adoption of their child.
Sephora’s peace offering to disappointed customers: $50 gift code
Sephora hosted an event that left customers frustrated, resulting to mass returns of items. Previously, Sephora organized an Epic Rewards Day where their clients can exchange their rewards points for some really good stuff such as a trip to Lancome Paris.
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Coursera raises $50M for expansion in China and India
Coursera raises funds for global expansion. Coursera, the world's leading online education provider, announced that it raised almost $50 million in funding for their expansion plans to China, the Americas and India.
Aug 28, 2015 5:01 AM EDT
Angry Birds maker to cut workforce by 39%
Angry Birds maker Rovio is laying off more than a third of its workforce as it struggles to come out with new hit games. Having suffered losses in its merchandise business, the Finnish company says it needs to cut redundancies to focus on divisions that make more cash.
Aug 28, 2015 4:34 AM EDT
Goldman Sachs is hiring in Poland
Goldman Sachs is hiring more people for its technology unit in Poland as the Eastern European country offers affordable business environemnt. The US bank will recruit several hundres of people over next three years.
Aug 28, 2015 4:33 AM EDT
Oshkosh wins $6.75B defense contract to build Humvee replacement
Oshkosh wins bid to manufacture JLTVs for $6.75B. The US Department of Defense has been looking for a replacement of the Humvee a short time after the war in Iraq became deadly in 2004.
Aug 28, 2015 4:30 AM EDT
Floyd Mayweather’s latest car costs only $4.8M
Floyd Mayweather, one of the flashiest athletes in the world, shows off his latest addition to his car collection.
Aug 28, 2015 4:26 AM EDT
Punch Taverns sells 158 pubs to NewRiver; Deal Closed at £53.5M
NewRiver acquires 158 non-core pubs of Pub Taverns for £53.5 million. Punch Taverns decides to sell 158 of its pubs to NewRiver for an agreed sum of £53.
Aug 28, 2015 4:25 AM EDT
Toms Shoes CEO takes 12-week paternity leave; applauded by employees
Blake Mycoskie of Toms Shoes set an example to employees by taking a 12-week parental leave. Toms Shoes provides their employees with parental leave of at least 8 weeks where they get full payment.
Aug 28, 2015 4:23 AM EDT
AOL buys web developer Ashe Avenue
AOL announces its latest acquisition - web development group Ashe Avenue. AOL recently acquired Ashe Avenue, its second acquisition after being acquired by Verizon.
Aug 28, 2015 4:21 AM EDT
Class suit filed versus automakers for 'deadly' keyless ignitions
Ten major car brands are sued in a class act for allegedly concealing the dangers behind keyless ignition, which leads to carbon monoxide poisoning.
Aug 28, 2015 4:18 AM EDT
Mobile gamers are spending less time playing, but paying more
More and more gamers are spending less time playing mobile games, but are spending more money to play the same old games that were on the top of the charts since 2012.
Aug 28, 2015 4:16 AM EDT
Amazon announces Prime Instant Video Streaming Service Expansion in Japan, Competing with Netflix
Amazon will launch its Prime Instant Video service in Japan next month, competing with rival Netflix in the video streaming service industry.
Aug 28, 2015 2:13 AM EDT
First WeChat, Then WeRun
WeChat seems to want to offer everything to its users, from messaging app, now to fitness account, with its new WeRun, an app that counts the number of strides you take everyday.
Aug 28, 2015 2:12 AM EDT
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