Puma Says Future is Female as Rihanna Draws More Sales
Puma is making a huge come back as sales grew more than anticipated. Rihanna's line of premium designed shoes along with the Fenty collection is drawing more customers boosting the company's once meager sales.
Feb 19, 2016 9:33 AM EST
Facebook Plans to Monetize Messenger; Will Allow Businesses to Send Ads
A leaked document revealed Facebook’s plan to start monetizing on of its fastest-growing and most popular product, the Messenger. The document stated that in the second quarter this year, a new feature would be launched, allowing businesses to send advertisement chats via Messenger.
Massive cocoa production will revive struggling economy of West Africa
Experts of African economy believe that the growing cocoa production will help the West African countries to recover from the flagging economic condition.
Chancellor George Osborne misses approval rating as faith in UK economy slides
Britain is losing its faith in the chancellor George Osborne as he is readying for the annual budget in the midst of global challenges facing the nation's economy. Poor economic conditions prevented the chancellor from achieving his election targets.
Latest News
Marijuana Sales Hits Nearly $1 Billion Mark In Colorado
Marijuana sales in Colorado has hit the massive $1 billion mark. After legalization of the cannabis for medicinal and recreational purposes in 2012 the sales has increased by 42 percent over the last year. The state would reportedly use about $35 million of the tax profit for construction of schools.
Feb 16, 2016 7:19 AM EST
Palantir Technologies Acquire Kimono Labs to Strengthen Its Data Extraction Capacity
Data analysis company Palantir Technologies Inc acquired Kimono Labs to increase its data collection capacity. Following the acquisition, Kimono Labs will shut its service on February 29, 2016.
Feb 16, 2016 7:12 AM EST
Apple News: Apple Sponsors 2016 Met Gala, Making Its Name In The Fashion World
Apple is sponsoring one of fashion’s biggest and most prestigious event, the Met Gala. This year’s exhibition will feature works that highlight the dynamics of human craftsmanship and technology in creating high-end fashion. Apple will also be involved in the exhibition’s music department using its Apple Music.
Feb 16, 2016 7:07 AM EST
Samsung Ventures into Smart Shoes As Well, Targeting On Fitness And Golf
Salted Venture, one of Samsung start-up companies, has developed a smart shoe aiming to be used for fitness and golf. The shoe features an advanced technology that will provide users with data, which is very useful for their sport activities.
Feb 16, 2016 7:04 AM EST
South Korean Central Bank Keeps Interest Rates Unchanged, Observes Impact of New Stimulus Package
BoK has decided to keep hold benchmark interest rates in place on Tuesday. To tackle the ongoing sluggish economic growth, South Korean government has unveiled a stimulus package on February 3. BoK is predicted to analyze the impact of the stimulus package and hence opts for keeping rates unchanged.
Feb 16, 2016 6:59 AM EST
Orange SA Needs More Weeks For Bouygues Deal
Along with reporting its fourth quarter performance, France telecommunication company Orange SA also report the acquisition plan. The company needs more weeks to have approval from antitrust authorities.
Feb 16, 2016 6:56 AM EST
Company Report: Hong Kong Disneyland Reported $19.1 Million Loss As Fewer Chinese Tourists Visit the Theme Park
Hong Kong Disneyland reported its first loss since 2012. Fewer tourists had come to visit the resort and theme park, with the biggest decline from Chinese tourists. China’s economic slowdown, along with political instability and the emergence of Shanghai Disneyland is believed to have affected the Chinese tourists.
Feb 16, 2016 6:53 AM EST
Smartphones: Samsung Galaxy S7 and LG G5 Information Leaked Ahead of February 21 Schedule
Samsung Galaxy S7 and LG G5 were set to be introduced on February 21. However, both the device’s details have been leaked on the internet, revealing most of the phone’s highlighted features. Both the 2016 flagship device will have a fingerprint scanner, along with other innovations.
Feb 16, 2016 6:50 AM EST
Anglo American Plc Announced to Sell Its Share in Kumba Iron Ore
One of the world's biggest mining company Anglo American Plc announced to sell its share in Kumba Iron Ore on Tuesday. The South African multinational company has suffered loss in its full-year performance.
Feb 16, 2016 6:47 AM EST
Slack Messaging Has Advantages Over Facebook, Said CEO Stewart Butterfield
Slack Technologies co-founder Stewart Butterfield is confident that the company's technology has advantages over other messengers. It is because Slack provides a team communication app to improve teamwork.
Feb 12, 2016 8:10 AM EST
Company Acquisition: Time Inc. Acquired Viant, Which Owned MySpace and Other Ad-Related Business Units
Time Inc. was interested in big data owned by Specific Media when they acquired Viant, which owns Specific Media. Apparently, Viant also owned other business units, including social network Myspace. Time Inc. will use data from Viant's business lines including Myspace to improve its advertising activities.
Feb 12, 2016 8:04 AM EST
London rental apartments see buying binge ahead of new tax
The London property market is witnessing soaring buying activity for rental apartments ahead of new tax on home coming into effect from April 2016. The latest rush for buying is also pushing prices up.
Feb 12, 2016 8:01 AM EST