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GE Digital aims to be among global top-10 by 2020

Global industrial giant GE has set up a new unit 'GE Digital' to take on Industrial Internet of Things. GE aims to transform the new unit to be among global top-10 by 2020. The new unit will integrate software center, knowledge of its global IT teams and industrial security expertise of Wurldtech.

Sep 16, 2015 11:08 AM EDT


Iran's supreme leader a winner from nuclear deal

Ayatollah Ali Khamenei will benefit the most from the latest nuclear deal as the conglomerate own most of the business in Iran. The conglomerate also own some of the business run by Iranian overseas through force measure.

Sep 16, 2015 9:37 AM EDT


No Drones on Papal Visit or Be Charged: FAA

The FAA and other security agencies are appealing to people, local or visitors not to bring drones during the papal visits for security measures. There has been a plot to the holy man's life by a minor brainwashed by the terrorist group ISIL prompting officials and securities restrictions on all actions regarding the safety of Pope Francis.

Sep 16, 2015 9:09 AM EDT


IPhone 6S and 6S Plus to exceed last year sale; Apple opened high in the stock market

Apple's iPhone 6S and 6S Plus are projected to exceed last year's sale of 10 million units worldwide. Analysts also watch Apple as it goes four week high in the stock market.

Sep 16, 2015 2:22 AM EDT


Mobile apps are more utilized than TV

Mobile apps give a lot of benefits in more ways than one. You will never miss out on your favorite show or favorite basketball or football game because you can now watch it just by using your phone.

Sep 16, 2015 2:21 AM EDT


President Obama announced changes on FAFSA to help students complete applications on time

U.S. President Barack Obama announced some changes on the Free Application for Federal Student Aid or FAFSA. This is to help students and families to rapidly process financial aid required by most colleges and universities.

Sep 16, 2015 2:20 AM EDT


Microsoft to reveal latest devices for Windows 10 ecosystem on Oct. 6 in New York City

Microsoft Corporation invites press people for the launching of its newest devices that will run across the Windows 10 ecosystem. The event will be on October 6 in New York City.

Sep 15, 2015 12:38 PM EDT


NY regulator, 4 banks agree on Symphony messaging

The New York State's Department of Financial Services has involved a consortium comprising 14 banks on Symphony messaging services. Towards this, Bank of New York Mellon, Deutsche Bank, Credit Suisse and Goldman Sachs have reached an agreement with the NY regulator.

Sep 15, 2015 12:38 PM EDT


UniCredit to slash 7% workforce in cost-cutting drive

Italian banking major UniCredit is downsizing its workforce as part of its cost cutting measures. The bank is expected to slash 7,000 jobs mostly in Italy, Germany and Austria. However, the total number of job cuts is likely to reach 10,000 level. Low interest regime is impactign the bank's performance.

Sep 15, 2015 10:11 AM EDT


Fiat Chrysler CEO skips auto show, continues talks with UAW

Sergio Marchionne, Chief Executive of Fiat Chrysler Automobiles (FCA), has decided to drop his participation in the Frankfurt auto show as FCA is leading the labor talks with United Auto Workers (UAW).

Sep 15, 2015 10:09 AM EDT


Google, Twitter teaming up to create new publishing tool

Google and Twitter are joining forces to create a new publishing tool for mobile users, according to reports. Initially dubbed as "accelerated mobile pages," the news platform will be the tech giants' answer to Facebook's Instant Articles.

Sep 15, 2015 10:08 AM EDT


Kuwait's Zain telecom giant dials in margin push investment

Kuwait telecom major Zain has decided to invest in technology firms that add valued to its services. The telecom company is focusing on online ads, smart city projects, and television services. It has decided to repackage its data services to enhance revenues.

Sep 15, 2015 10:06 AM EDT