VENTURE CAPITAL POST

Oil prices dropped on low volumes as investors preferred to book profit to take advantage of overnight rally. The oil price is hovering above $50 a barrel on disruption in production in Brazil and Libya.

The US stocks closed higher on Tuesday as investors begin to heavily buy shares as commodities producers slowly beginning to balance their output helping its price to rebound.

Bitcoin, the most famous digital and crypto currency, has an enormous surge of value with more than 70% raise in a month. A movement that surprised every body amidst a global economic slowdown, is coming from Chinese capital outflow invested in bitcoin.

Facebook Inc. announces that its artificial intelligent research team has achieved new developments including the software's ability to identify objects in digital pictures, to understand natural language, and even to learn.

Tesla's stock went up 8.5 percent to $226 after reporting their third quarter earnings where it delivered more cars than expected. Reuters reported that the car company will boost up the production of its electric cars after its Model X SUV saw a strong rollout, bringing its stock up 9 percent even as it reported its biggest loss in ten quarters.

The U.S. federal government has launched a retirement savings program called myRA. The program was first announced by President Obama in his 2014 State of the Union address.

A stiff competition in productivity apps between Microsoft Office 365 and Google Apps for Work is heating up. Both Microsoft and Google have made their move to win more corporate customers.

Social online gaming Zynga posts its third-quarter earnings that beat analysts expectations, revealing that the company is still able to compete in current mobile-age time. Zynga reported $176 million in bookings with a revenue of $196 million.

Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will meet for the first time in Singapore amidst the expected public opinion backlash. Reuters reported that the meeting coincides with Taiwan's growing anti-China sentiments as the presidential and parliamentary elections are nearing this January.

After fifteen years of being an online encyclopaedia for people all over the world, the English-language version of Wikipedia now has five million articles. According to Gizmodo, the article that hit the five million mark was an entry on persoonia terminalis, which is a shrub that can be found in eastern Australia.

Both Star Wars fans and Disney Park goers will absolutely love the idea of the opening of the all time favorite American epic space opera film, Star Wars in all Walt Disney World Resort Attractions. The most exciting is it will have its opening during the Holidays.

A new study reveals that the number of millennials living with housemates increased significantly by 39 percent. Make Room is a campaign that aims to end the housing crisis in America.

The UK government is trying to pass a bill that would ban strong end-to-end encryption that could force Apple to stop selling its iPhone in that country. According to Forbes, the UK government plans to pass legislation that would prohibit the use of strong encryption, which means any encryption they can't break is not allowed.

Facebook CEO, Mark Zuckerberg believed the future of social network is in Virtual Reality. Last year, Facebook acquired Oculus, a VR company. Now they partner with Samsung to make mobile VR experience come to life.

Hyundai Motor Co. announced that it will launch a new standalone luxury car brand called Genesis, as the South Korean carmaker seeks to move upscale and to target higher profit margins.