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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.

Oct 23, 2015 6:59 AM EDT


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.

Oct 23, 2015 6:40 AM EDT


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.

Oct 23, 2015 6:39 AM EDT


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