Money Times

Facebook rolls out new notification feature for mobiile

Facebook announced a radical revamp on its iOS and Android mobile apps, especially on its notification feature. The new feature designed to provide users with useful notifications cards based on their location.

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New Qualcomm chip will make security cameras more intelligent

Qualcomm has created a new kind of chip, Snapdragon processor built into internet-connected security cameras. The company announced the chip along with a reference design for new home monitoring cameras, with the Qualcomm's chip at the core.

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Airbus Expresses Interest To Hire Refugees In Germany

This week, a surprising airline news claims that Airbus has expressed its interest in hiring newly arrived refugees in Germany. According to Airbus CEO, Tom Enders the refugees could work in the airline's facilities for a different wage rate.

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Lyft Officially Operates their Ride Services at McCarran Airport in Las Vegas

Ride sharing app Lyft has conquered Las Vegas as the car service is now available at the McCarran Airport. Hail as the first ride sharing car service to establish at the said new location, Lyft has snatched the first-based spot from their competitor, Uber.

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Brazil analysts expect faster Inflation, interest rate calls for 2016

Brazil analysts expect faster inflation and lesser cuts in the base interest rate for 2016, as political crisis hinders the moves to strengthen fiscal accounts and avoid another sovereign downgrade to junk.

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New Balance Sneakers Changed Company's Direction

Sneakers and sportswear are a huge business, as they gain advantage from the popularity of professional sports league. Following a very tight competition among brands, New Balance has to make a change in company's direction. In order to deal with the new brands that suddenly became strong competitors.

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Microsoft Focus on Cloud Service Raise Its Third Quarter Revenue

Microsoft, a software giant has started to see their new strategy focus is paying off, as they announced their latest quarterly result, last Thursday. Strategy shifting on cloud computing and mobile business has started to deliver a positive result.

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Australia Welcomes New Nexus Devices from Google

Google's two new Nexus devices are now available for pre-order in Australia Monday from the Google store, and will be widely available on November.

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JPMorgan Chase is Challenging Apple Pay with Chase Pay

Apple has enjoyed a series of advantages of their innovative mobile payment and digital wallet service with ApplePay. However, Apple and other technology companies which dominated the mobile payment service, is now facing a serious competition from one big financial institution, JPMorgan Chase.

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European Commission Rules Starbucks' and Fiat's Tax Deals with Dutch and Luxembourg Tax Authorities Illegal - Ordering Both Companies To Pay Millions of Euro in Back Taxes

The European Commission ruled on Wednesday that Starbucks Corp and Fiat Chrysler Automobiles benefited from illegal tax deals with the Dutch and Luxembourg authorities, sending shock waves to MNCs who have been using such profit-shielding tax deals in the past.

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Twitter CEO earns brownie points with stock giveback

Twitter CEO Jack Dorsey gives away a third of his stock in the online messaging service to employees. The move, seen by many as an effort to win staff support, comes just a week after Dorsey laid off more than 300 employees or 8% of Twitter's workforce to streamline the company.

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Marijuana entrepreneur prefers marijuana-user salespeople

Usage of marijuana has been doubled over the past years as laws and attitudes toward the drug dramatically transformed. Entrepreneurs of marijuana will choose their ambassadors to be users to relate the benefits of their products to customers.

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Yen against euro may soar further in price swings

Forecasts about price swings in Yen against the euro are becoming stronger as investors bet that Bank of Japan (BoJ) will also make dovish rhetoric to match European Central Bank (ECB).

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Duke Energy talks on buying partner Piedmont Natural Gas for $4.9 Billion

Giant US power company Duke Energy said Monday that it would buy for $4.9 billion in cash natural gas distributor Piedmont Natural Gas, which is its partner in the $5 billion worth Atlantic Coast Pipeline venture.

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Concerns raised by US regulators on Philips’ Lumileds Sale to Go Scale Capital

Dutch electronics and healthcare company Philips announced that its proposed sale of Lumileds to Go Scale Capital had run into unexpected opposition from US government.

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