Google leaks fake plans for time-traveling car, riding on the Back to the Future Hype
Google tweeted what seems to be a leak of a top secret blueprint for a time-travelling car in celebration of the Marty McFly and Doc Brown’s arrival in the future, which was a few days ago.
Oct 23, 2015 7:05 AM EDT
Hendo 2.0: The $10,000 futuristic hoverboard has been unveiled
Arx Pax has unveiled Hendo 2.0, the new generation hoverboard. Hendo 2.0 has a skateboard-like design that is inspired by Tony Hawk. It has a hover engine that uses electromagnet that will be able to levitate about one inch off the ground. Hendo 2.0 is priced at $10,000 for the Kickstarters.
New Canadian prime minister to pull out troops in the bombing campaigns against ISIS in Syria, Iraq
Canada’s new prime minister designate Justin Trudeau recently talked to US President Barack Obama to pull out troops operating in the bombing against ISIS in Iraq and Syria.
China says increasing outflow of money is normal, no sign of panic capital flight
Administration of Foreign Exchange (SAFE) Deputy Head Wang Xiaoyi said the recent outflow of money from China is normal and that it should not be regarded as capital flight.
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Samsung Electronics considering share buybacks: Korea Economic Daily
Samsung Electronics Co Ltd considers buying back its own shares as a strategy by the South Korean conglomerate Samsung Group to boost shareholder value.
Oct 23, 2015 6:39 AM EDT
Early Christmas: Greece to get first €3B of aid package
The Greece government is poised to receive the €3-billion aid installment of €86-billion bailout package. The European Economics Commissioner Pierre Moscovici made an announcement to this effect. The European commission will deal with the recapitalization of banks and Greece's debt in November or December.
Oct 23, 2015 6:38 AM EDT
Nasdaq clocks 12% rise in profit on high trading volume
Nasdaq Inc recorded a 12 percent jump in quarterly profit as higher trading volume and acquisition of Dorsey Wright helped the transatlantic exchange operator perform better. Analysts forecast earnings of 86 cents per share.
Oct 23, 2015 6:32 AM EDT
Misfit launched Shine 2: Smarter and thinner fitness and sleep tracker
Misfit has launched its second generation of activity and sleep tracker, Shine 2. The device offers new smart features and elegant thinner design, yet more affordable on price.
Oct 23, 2015 6:26 AM EDT
U.S. cities with highest rental rate increase
Rents are increasingly higher in the South and Pacific compared to the cities located in the Northeast and Midwest. California and Florida are two cities among with the highest rent hike.
Oct 23, 2015 4:07 AM EDT
Abbey Road Studios is entering the tech industry
Abbey Road Studios announces a new initiative by the company to become an incubator for music related tech starup. Currently there are few startup under the companies and more startup is expected to join soon.
Oct 23, 2015 3:54 AM EDT
Amazon to increase workforce for the holiday seasons
Holiday season is fast approaching prompting every store, online or not to accommodate customer demand on sales and customer service.
Oct 23, 2015 2:49 AM EDT
Alphabet reports an increase in revenue and announces shares buyback plan
Alphabet Inc, parent company for Google announces that the company third0quarter revenue increases by 13 percent. The company also announces shares buybcak plan of up to $5.09 billion.
Oct 23, 2015 2:38 AM EDT
Australia further delays $70-bn Shell's acquisition plan of BG
Royal Dutch Shell's $70-billion takeover of BG Group has been delayed as Australia's competition watchdog has postponed its final decision till 19 November. Australian Competition and Consumer Commission (ACCC) cited reasons that market participants expressed their concerns about the takeover that would impact the gas supply competition .
Oct 23, 2015 2:23 AM EDT
Drop in China sales hits Hyundai's profit
Hyundai Motor Co's net profit for the third quarter ending September fell 23 percent. The steep fall in China sales coupled with aggressive global incentives impacted the South Korean automobile major's performance in a more negative way. It missed analysts' forecast.
Oct 23, 2015 2:16 AM EDT
Joe says "No": Biden won’t run for president in 2016
Joe Biden, the US Vice President, stated that he would not run for 2016 presidential nomination. Without Biden in the list of candidates, Clinton's poll lead jumped.
Oct 23, 2015 12:52 AM EDT
Biogen to cut 880 jobs and end several research projects in company restructuring
Biogen stated that it will cut about 880 jobs and stop some research project in drug developments due to the company restructuring. The move will save $250 million in a year and will be invested back for more promising programs.
Oct 23, 2015 12:49 AM EDT
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