Zimbabwe Suffers Severe Drought And Is In Need Of $1.5 Billion Aid

Zimbabwe suffers a massive disaster in the form of drought which has hit immensely on the entire country. The Vice president Emmerson Mnangagwa has appealed for $1.5bn aid from the local businesses and charities to save more than a quarter of his population from extreme water scarcity.

Samsung’s LTE Based Public Safety Network Enables Connection In Emergency Situations

The demand for effective public safety communications has been increased dramatically. Samsung has announced to provide the Korean Public Safety Network using LTE technology. The technology will allow people to get connected in extreme emergency situation. The PS-LTE solutions will be exhibited at the Exhibit Hall 2 Stand 2M10 during Mobile World Congress 2016.

Africa

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.

Rolls-Royce Cuts Half of Its Dividends

Rolls-Royce halved its dividend payment to shareholders this year. However, many were relieved to get a dividend amount itself, especially since the company had issued five profit warnings in two years. Despite a fall in profit by 12%, the company shares jumped 13%.

Commerzbank posts Q4 profit as loan loss provisions fall

Commerzbank posted a profit for the fourth quarter of 2015, helped by lower provisions for bad debts. The bank expects to report a mild increase in 2016 net profit.

The Use of Online Dating Services Is Increasing, According to Recent Research

A recent research shows that there is a significant increase in the use of online dating services, especially via mobile dating apps. There are also significant increases in two particular age groups, which is young adults and older adults between the age of 55-64 years old. Personal safety remains a major issue for online daters, but most still believe that the method is more efficient and help them find a better match.

Taiwan Semiconductor Manufacturing Company, Sole Firm to Make iPhone 7 Processor

Apple is rumored to have selected Taiwan Semiconductor Manufacturing Company as its sole manufacturer of the processor chip for iPhone 7. This puts Samsung, its other chip maker, out of the equation. TSMC is now all set to roll production for the superior A10 chips in June.

AT&T to Test 5G Network By The End of This Year

Following Verizon, AT&T announced on Friday to conduct field test of 5G network by the end of this year. The fifth generation of mobile network will offer data transfer speed beyond current capacity in 4G network.

JP Morgan's CEO purchase $26 million worth of his own company's shares

Jamie Dimon, chairman and chief executive officer of JP Morgan Chase & Co, spent $26 millions to buy shares of his bank on Thursday. The share purchase is translated as good sign by other investors as the shares climbed by 2 percent after the news broke out to the public.

Pharmaceutical entrepreneur Martin Shkreli to buy Kanye's new album

Martin Shkreli expressed his wish to buy Kanye West’s new album. Martin is ready to pay the rapper $10 million in exchange for sole rights to "The Life of Pablo."

Uber agrees to pay $28.5 million in class action settlement

Uber Technologies said that it has decided to pay $28.5 million to about 25 million riders. The settlement in these cases will allow the company to work peacefully and focus on its prospective growth.

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.

107 Yahoo Employees Received Layoff Notice As Part of The Planned 1,500 Job Cuts

Yahoo’s planned restructuring plan had started on Wednesday, whereas 107 employees had received a written notice that after 60 days they would have to leave the office. That would be the first batch of what is expected to be a much bigger job cuts of 1,500 employees or 15 percent of the company’s workforce.

Pandora selling itself; stock soars over 10%

Pandora Media Inc has engaged Morgan Stanley to facilitate the selling itself including identifying potential buyers. Pandora has been spending heavily to attract more number of users amid increasing competition in internet radio space.

The New Sky Q Service Is Now Available In The UK, Bringing Ultra HD 4K Video Quality

Sky Q service is now available in the UK with its new hardware and improvements, including the Ultra HD 4K video quality. However, Sky has been perceived as an expensive cost service, therefore, it needs to assure customers that their new service deserves the price.

Sanders to Hold Fundraiser as Campaign Received Donation of $5.2 Million

Bernie Sanders has cashed in on his small-dollar contributors and raised almost $5.1 million in a sudden, instant fundraiser on his victory night. Without a super-PAC to cushion his campaigns, he has always managed to keep pace with competition like Hilary Clinton, who's dependent on high-dollar contribution to fill her kitty. Sanders already knows exactly what he wants to do with the influx of cash.

Fading economy could put Canada to $90 billion scarcity: study

The present government of Canada is experiencing a series of scarcity in the budget, which could reach $90 billion over the mandate period of four years. The struggling Liberal government needs to insert a minimum of C$50 billion into Canada's fading economy to assist the nation to sustain the fall in oil prices.

Caterpillar Signs Deal with Rimco For Cuban Distribution

Caterpillar has connected with its long-term partner, Rimco, to become the official dealer of CAT equipment to Cuba. Following loosening of some trade laws by Obama administration, Caterpillar has jumped into the scene instantly and is all poised to enter the Cuban market the moment the restrictions are off. The earth movers have been lobbying for lifting the Cuban trade embargo for a long time now.

Drop in Indian Rupee, stocks not exceptional

The weakening Rupee against the US dollar and downfall on financial markets are not exceptional. The Indian currency is doing well as it's strengthening against other global currencies. Indian markets tumbled on Thursday as key indices Sensex and Nifty fell over three percent led by banking stocks.

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