APEC summit expected to bring economic development to Philippines' Mindanao
The Apec Summit 2015 held in the Philippines is expected to boost economic activities in the country’s southern region of Mindanao.
Dec 02, 2015 4:58 AM EST
Alibaba's stock decline despite acquisition spree is due to its traditional business strategy, says Forbes
China’s Alibaba has been acquiring companies for the past two years, but it is a wonder why its stock prices are continuously declining. Experts blame its strategy and China’s economic slowdown.
AT&T to increase grandfathered unlimited plans price to $35 from $30 on February 2016
AT&T increased the price for its unlimited data plans to $35 from $30 a month, the first hike since seven years.
BlackBerry exits Pakistan to prevent government from accessing servers
BlackBerry Ltd. will exit Pakistan to avoid the country’s government demands of unfettered access to its secure enterprise service servers.
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Honda lifts retirement age to address Japan's aging demographics
Honda Motor Co. will lift its employees’ retirement age to 65, making it one of the biggest companies in Japan to address the nation’s aging demographics.
Dec 02, 2015 4:44 AM EST
Indian billionaire takes on India's top wireless carrier to enhance voice and data service
India’s Bharti Airtel Ltd will invest 600 billion rupees, or $8.98 billion, to protect market share as the country’s richest man, Mukesh Ambani, plans to invest $15 billion on cheaper 4G broadband network services.
Dec 02, 2015 4:40 AM EST
Kuwait Appoints New Oil Minister before meet with OPEC
Kuwait on Sunday appoints Anas al-Saleh, its oil minister with its current finance minister and deputy prime minister, replacing Ali Al-Omair, who is now minister of public affairs and is still current state minister for parliamentary affairs.
Dec 02, 2015 4:36 AM EST
Samsung launches web browser for Gear VR
Samsung launches beta version web browser for Gear VR called Samsung Internet for Gear VR. It supports 360 degree and 3D video streaming as well as HTML5 video. The app is available for download in Oculus store starting on Dec 2.
Dec 02, 2015 3:25 AM EST
Mark Zuckerberg gives 99% of his Facebook shares to charity
Mark Zuckerberg and his wife Dr. Priscilla Chan announced in an open letter to their new daughter, Maxima Chan Zuckerberg that they are donating 99 percent of Zuckerberg stocks in Facebook to charity. The donations will take place over their lifetime, and the exact worth of the shares will likely change.
Dec 02, 2015 3:24 AM EST
GazProm Halted Gas Supply to Ukraine Due to Non-Payment
GazProm CEO said that the Russian company has stopped its gas supply to Ukraine starting last Wednesday due to payment issue.
Dec 02, 2015 2:32 AM EST
Russia Started To Build The Largest Nuclear-Powered Data Center
Russia began the construction of its largest nuclear-powered data center. The first phase of data center will be opened in 2017.
Dec 02, 2015 2:22 AM EST
Greece Economy Decline More than Expected in Q3
Greece economy declines 0.9% in third quarter according to Elstad, the Hellenic Statistical Authority.
Dec 02, 2015 2:16 AM EST
Bugatti Chiron will debut next year at the Geneva Motor Show
Bugatti confirmed Monday that the new supercar will be called the Chiron, and will debut next year at the Geneva Motor Show.
Dec 02, 2015 2:02 AM EST
Anonymos couple from Minnesota drops a check of $500,000 Into Salvation Army Kettle
Over the weekend, an anonymous couple from Minnesota contributed $500,000 worth of donations. They dropped the check into the Salvation Army kettle, without the conscience of anyone. The generous contribution has made the Christmas campaign get closer to its goal of $11.6 million.
Dec 02, 2015 1:34 AM EST
Canadian startup found the new wireless technology to replace security camera
Cognitive System, a Canadian startup, has developed a new technology to visualize wireless signals. The new platform called Amera is powered by R10 chip that is able to analyze any wireless signals from electronic devices.
Dec 02, 2015 12:53 AM EST
Chinese buyers step back from US housing market
After witnessing peak level this year, the Chinese investments in the US property markets have suddenly changed the direction. The Chinese government's restrictions on capital outflows and devaluation of Yuan have become major hurdles for the dragon country's investments in the US housing sector. The economy slowdown and sluggish financial markets were prime reasons tha propelled Chinese investors to invest heavily in overseas markets mainly the US, London and Canada.
Dec 02, 2015 12:38 AM EST
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