Money Times

Apple created virtual reality music video for U2

Apple and Irish band U2 collaborated on a 360-degree U2 music video produced by Vrse App, a platform for original VR content. The U2's "Song for Someone" music video is Apple's first experiment in mixing VR and music videos.

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IndiGo's IPO demand towers over $460 million offer

The first share sale made by an Indian airline in six years has gone on to receive bids that were 6 times more than the $460 million target set by the company. The company that held an IPO was InterGlobe Aviation Ltd., an air transportation services company with headquarters in Gurgaon, India.

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Gold down to its lowest for three weeks as investors look for Dec Fed hike

Gold prices are at their lowest in three weeks after the Federal Open Market Committee announced that they won't push through with the interest rates hike.

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Slack launches private channels for temporary private group chats

Team messaging app Slack is launching new feature on group chat. The new feature makes a user in a group to be able to break into a private discussion with up to eight people, nine including the user.

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Samsung Galaxy View is the new 18-inch tablet

Samsung Electronics announces the Samsung Galaxy View, an 18.6-inches tablet. This new product is designed to sit between a tablet and TV. But with its 18.6-inch large display, Samsung Galaxy View is less of a tablet and more of a portable touch TV.

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Ferrari shares rev up in market debut but shift to low gear a week later

Fiat Chrysler Automobiles (FCA), the Italian-US automobile company being the parent company of Ferrari, floated to the public 17.18 million shares accounting for nearly 10% of Ferrari at $52 a share at its IPO at the NYSE.

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SIngapore Medical Device Company Receives an Acquisition Offers From China-State Backed Firm

Singapore-based Biosensors International Group announces that the company has received an offer for an acquisition from a Chinese private equity fund, Citic Private Equity Funds Management Co., for an undisclosed amount.

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UK factory output shrinks in Q3; exports drop

UK's performance in the third quarter further slowed down. The gross domestic product (GDP) growth rate in July-September quarter was at 0.6 percent lower than 0.7 percent in the previous quarter.

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Walgreens to acquire rival Rite Aid for $17.2B in cash

Walgreens Boots Alliance Inc agreed to acquire Rite Aid Corp for $17.2 billion in cash to further expand the company's role in the distribution of medications in the U.S.

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Toshiba to sell sensor business to Sony for 20 billion yen, overhaul unprofitable semiconductor business

Japanese engineering conglomerate Toshiba announced on Wednesday that it will sell its image sensor business to Sony for a reported 20 billion yen, as it plans to overhaul its semiconductor business, which is still recovering from a $1.3 billion scandal.

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Revlon raises over $2M in crowdfunding for women's health charities

Revlon, Inc. has recently exceeded their goal of raising $1 million on crowdfunds for women's charity organizations, mainly owing to the support of mega stars such as Halle Berry, Emma Stone, Olivia Wilde, among others.

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Obamacare’s benchmark silver insurance plan will increase an average of 7.5%

Obamacare premiums for the benchmark silver insurance plan will increase by an average of 7.5 percent next year. CNN Money writes that the Department of Health and Human Service reported Monday that the increase will be imposed in 37 states through the federal Obamacare exchange.

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The Top 6 Advantages of having a Home-Based Business

Home-based businesses have proven to be one of the best business start-ups. With a good goal-setting attitude and strong discipline, one can easily enjoy the benefits that home-based business brings.

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Here's a quick drive to the Tokyo Motor Show 2015 highlights

The 44th Tokyo Motor Show is open to the public from October 30 to November 8. This is where the car manufacturers, especially Japanese ones, reveal new car concepts and designs.

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A friend in need is a real friend: Paypal has lent more than $1 billion to small businesses

Paypal Holding Inc announced that its Working Capital Loans for small businesses has lent more than $1 billion to over 60,000 small businesses in the U.S., U.K., and Australia.

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