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Indian banking system in transformation mode

Reserve Bank of India (RBI) has given licenses to 11 business entities to commence 'Payment Banks.' The new system is expected to not only bring down transactions costs, but also cover entire rural India under banking system.

Aug 23, 2015 11:58 PM EDT


LinkedIn's Newest App Helps you Learn more about your Co-Workers

LinkedIn launched Wednesday its new app Lookup, which helps employees connect with the right co-workers to be more productive.

Aug 23, 2015 11:56 PM EDT


Bitcoin's future is threatened by rival, under 'hard fork' crisis

A hard fork is the crisis that divides Bitcoin developers these days. Does it really affect the future of this promising currency? OR is it a healthy transition?

Aug 23, 2015 11:53 PM EDT


HP’s Planned Layoffs to Exceed 55,000

HP CFO reveals that layoffs will exceed an additional 5 percent of the planned 55,000 layoffs by October.

Aug 23, 2015 11:26 PM EDT


Cute overload: How Hello Kitty became a timeless brand

For 40 years, Hello Kitty had become a famous character not only to young girls. but to grown-up moms as well. But how did Sanrio build its brand and how did the character linger?

Aug 23, 2015 11:25 PM EDT


Alibaba launches data center in Singapore

Alibaba launches headquarters for overseas operation and data center in Singapore as part of their $1 billion effort to edge out US rival, Amazon Web Services.

Aug 23, 2015 11:22 PM EDT


Senior workers can remain significant for tomorrow's work

Being a worker or an employee of age 50 or up doesn't mean you are no longer fit to work. When you grow old with your work it is an achievement because have mastered your craft. Working with millennials is a great way to share with them your knowledge and skills and vice versa.

Aug 23, 2015 11:21 PM EDT


Oil price crash-hit Kazakhstan's currency tumbles over 23% in free-float trading

Suffering from oil price crash, Kazakhstan has allowed free-float trading in its currency Tenge, which fell steeply 23% creating tremors in the central Asian economy.

Aug 23, 2015 11:17 PM EDT


Starbucks coffee went up despite coffee price decline

Coffee prices already went down and most coffee shops provide their customers with the taste of savings and of course with their best tasting coffee. The scenario is not the same with Starbucks that impose an increase with their coffee and other drinks to offset labor cost and rent.

Aug 23, 2015 11:08 PM EDT


US housing costs on the rise, CPI reveals

The housing costs in the U.S. continue to rise despite the inflation rate. Last month, prices of commodities slightly went up but Federal Reserve will not be moved from raising interest rates this year.

Aug 23, 2015 11:06 PM EDT


Background checks of Uber drivers not extensive enough - prosecutors

Billion-dollar ridesharing company, Uber, accused of misleading consumers by lax background checks of drivers.

Aug 23, 2015 11:05 PM EDT


Salesforce Q2 results meet St forecast; outlook for fiscal up

Encouraging growth in sales volume, Salesforece.com Inc announced second quarter results beating the market forecast. The company also raised outlook for the whole financial year.

Aug 23, 2015 11:00 PM EDT