Sectors

Jack Lew

Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?

The creditworthiness of the world's largest economy seems to be drenched as US treasury has stopped issuing further debt citing reasons for reaching the borrowing ceiling.

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Amazon Dash

Amazon offers Amazon Dash for $5 to Premium customers

The Amazon Dash, the dongle you can stick anywhere in your household for quick and convenient ordering, is now on sale exclusively for Amazon Premium customers only. Amazon will charge $5 for each.

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Mark Zuckerberg

Facebook posts Q2 gains, but expenses worry investors; shares rise, fall

Facebook has met nearly all expectations for the second quarter, yet shares fell soon after the release of its earnings report.

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Jerry Yang

Yahoo paid out more that $1 million to vulnerability reporters in their Bug Bounty Program

Yahoo has revealed that it has spent more than $1 million dollars for security researchers participating in their Bug Bounty Program.

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Victoria's Secret

Victoria's Secret is losing $9B for casting out plus-size lingerie

Victoria's Secret, the leading lingerie brand dominating the 35% of the market is losing $9 billion opportunity for missing out plus-sized underwear in the line.

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Internet

The trinity of Content Marketing and why are they important in your business

Studies and experts show that contents will be the core of internet marketing in the future while accompanying strategies are also essential.

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Jack Dorsey (L) and Aviv 'Vivi' Nevo

Twitter needs more followers as user growth lags despite rosy Q2 earnings

Twitter released Tuesday its second quarter financial results, and while they met Wall Street expectations they were not impressive enough for investors.

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European and Greek flag

All eyes on talks over bailout plan for Greece

The delayed talks over a third 85 billion euro bailout plan is set to take place on Tuesday. Syriza government led by Prime Minister Alexis Tsipras will hold negotiations with European troika, the tripartite committee led by the European Commission (Eurogroup), European Central Bank (ECB) and International Monetary Fund (IMF).

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Baker Hughes Inc.

Major oil companies layoff more employees due to U.S. crude oil price drop

As the price of crude oil continues to slip down, the oil companies are cutting jobs to survive the business. In the first quarter of this year, blue collar jobs were deterred, this point, engineers and scientists will be affected.

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Uber

Disruptive Legislation: France re-examines taxi law amid Uber's rise

France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.

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UK Telco BT

BT launches Ultra HD subscription package

UK telecommunications provider BT has launched an all-new premium entertainment package using the telco's new set-top box.

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Oil drilling rig

Running out of steam: Energy sector is underperformer among all 10 sectors in S&P 500

Energy sector was the prime culprit among other stocks including materials and biotech, that pulled S&P 500 and Dow Jones lower recently. S&P 500 fell 2.2% and Dow eased 2.9% during the week ended 24 July. S&P 500 suffered biggest weekly decline since March.

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Tetsuro Aikawa

Mitsubishi Motors plans Japan, SE Asia, Russia output focus after U.S. pullout

The president of Mitsubishi Motors Corp (7211.T) said Japan, SouthEast Asia and Russia will become the automaker's principal production hubs after it calls time on making cars in the United States later this year because of dwindling output there.

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Brokerage house

China state-owned margin lender returns market-steadying funds early

The China Securities Financial Corporation (CSFC) has returned ahead of schedule some of the funds it borrowed from commercial banks to stabilize the stock market, three people in the banking industry with direct knowledge told Reuters.

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Apple

Apple treats Mac App Store developers like second-class citizens, Consumers will also be Affected

Compared to their iOS counterparts, Developers in the Mac App Store are making significantly less money and feels like they are treated like second class citizens in the world of Apple. This is bad news for developers and consumers alike.

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