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Chicago plans app so taxis can compete with Uber, ridesharing services

Chicago opened a new front in the war on ridesharing services like Uber on Wednesday, approving a plan to sponsor an app for riders to hail local cabs.


Censors loom large over Sony's PlayStation China prospects

Sony Corp should fear China's censors almost as much as rival Microsoft Corp as it prepares to unveil the price and release date of its PlayStation 4 gaming console in the world's third-largest gaming market.

Ebay considering cutting 10 percent of workforce

Online retailer eBay Inc (EBAY.O) is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people familiar with the company's thinking.

China tells banks to step up lending to lift flagging growth

China has told its banks to issue more loans in the final months of 2014 and has relaxed limits on their loan-to-deposit ratios to help hit a record new lending target as the government steps up efforts to lift flagging economic growth.


Latest News

Amazon.com Inc is considering expanding its same-day delivery program globally, recent job listings show, underlining the importance of fast shipping to its ability to compete with the instant gratification offered by brick-and-mortar stores.
Asian stocks fell on Thursday as falling oil prices added to global growth concerns, while the dollar saw a bit of a respite against the yen and euro after successive sharp losses.
Season 7 of 'Castle' will return on air this January 12, 2015 after ending its Mid-Season Finale with a big twist.
Rumors claim that Chinese idol Tao and a Korean member are leaving EXO soon. Insider claims that the group's breakup of the highly popular group is happening soon.
Things aren't going particularly well for new "Mob Wives" cast member Natalie Guercio.
A user on 4chan claims to have a bevy of new spoilers for "Star Wars: The Force Awakens." Because J. J. Abrams is so hesitant to share the story details of "Star Wars: The Force Awakens" (although he'll have to tell us sometime right? Presumably at least by the time "The Force Awakens" is in theaters), the Internet is crawling with potential leakers, all claiming to have the goods on the latest "Star Wars" story details.
George R.R. Martin’s fans are in for a treat this 2015. The author is finally determined to finish “The Winds of Winter” after being inspired by the “Star Wars: The Force Awakens” trailer.
Major torrent site The Pirate Bay has been raided by the Swedish police. Like torrents? Well, chances are you're not getting them from The Pirate Bay anymore.
Fox's 'Red Band Society,' a likely candidate for cancellation, is quickly building a following among fans that would like to see it continue.
The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.