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Mayor Nutter announces grants for five startups that promote entrepreneurship in Philadelphia

Mayor Michael Nutter announced the five startups in Philadelphia that will each receive a $25,000 grant from the Commerce Department's Startup PHL Call for Ideas to promote entrepreneurship in the city.


Symantec terminates CEO Steve Bennett

Symantec, the antivirus software maker, has axed Chief Executive Officer Steve Bennett as senior managers left the firm now grappling with falling revenues in the hot cyber security market, the Financial Times reported.

American rapper Kanye West buys 10 Burger King outlets for Kim Kardashian

American rap superstar Kanye West is buying 10 Burger King outlets across the UK, France, and Italy for an undisclosed amount as a wedding present for fiancee Kim Kardashian.

Temasek Holdings said to be in advanced discussions for substantial Watson stake purchase

Citing sources, The Wall Street Journal reported that Singapore state investment firm Temasek Holdings was in advanced discussions for a "strategic" stake acquisition of Li ka-shing's health and beauty retailer Watson.


Latest News

Paul Walker's mother contest guardianship over the late actor's daughter Meadow Rain, asking the court to grant her legal guardianship on the minor.
Photos of women without any make-up on went viral on social media platforms, supporting the campaign against cancer and getting thousands of donations for Irish Cancer Society.
Malbec wine and bacon-wrapped dates are the newest addition to Starbucks' menu were expected to boost sales and stoke on the company's US growth.
Granada, Spain-based gifting startup Giftri mines web consumers' Facebook data, including Likes and Interests, to come up with personalized gift recommendations that gift-senders can buy from Amazon.
A development on the case of the missing flight MH370 has been reported today saying debris was found floating near a remote area in the southern Indian Ocean.
CitiusTech, a healthcare IT firm, was able to get an undisclosed substantial investment amount from growth equity firm General Atlantic, a statement about the funding said.
After issuing a recall and full refund for the involved product, San Francisco, California-based fitness tracker maker FitBit is now facing a class-action lawsuit filed by a customer over the rash issue caused by the latest version of its Force fitness band.
Cary, North Carolina-based cognitive systems firm Saffron Technology was able to bag $7 million for its Series B round from unnamed investors, a statement about the funding said.
EE, a mobile network company operated under T-Mobile and Orange brands encountered technical issues last night that caused customers outage on social media platforms including Twitter.
Pastor Fred Phelps of the Westboro Baptist Church died before midnight at age 85 last Wednesday, according to his son Timothy Phelps.