According to economists, the poor jobs report will most likely not prevent the Federal Reserve from proceeding with the trimming of its monthly bond purchases, Bloomberg reported.
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Activist investor CtW Investment Group urges overhaul of Skechers board
CtW Investment Group has called for a revamp of the all-male Board of Directors of the Skechers USA Inc in order to prevent potential missteps, Reuters reported.
Private equity firm KKR to purchase National Vision
KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
UK-based online video firm Blinkx complains to regulator of possible market manipulation
After losing a third of its value last week due to a ruinous blog post published about the firm by a Harvard Business School professor, Blinkx complained to a financial regular that it may have been the victim of a market manipulation, the Financial Times reported.
Crowdfunding's effect concerns charities- report
As crowdfunding continues to grow in popularity, its effect towards giving to more established and bigger charities have become a cause for concern among nonprofits, The New York Times reported.
Latest News
Pittsburgh, US-based firm NoWait released a consumer app that lets customers remotely add themselves to the wait lists of restaurants using their phone and cut waiting time significantly.
Direct Local Food, a farming industry-focused startup led by two women, aims to champion local food by linking farmers with restaurants and grocers, VentureBeat reported.
Shutterstock has now rolled out its support for 4K video, the format that is rapidly becoming a standard in the industry, with over 10,000 ultra high-res videos in its catalog, TechCrunch reported.
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
New York City, US-based smart flight finding mobile app Hit List exited the beta phase and is currently raising around $500,000 in its seed funding round.
The value of digital currency Bitcoin plunged 21% to $619 from $783 after Tokyo, Japan-based exchange paused its trading because of an increase in withdrawal requests.
Security researcher Jamie Sanches has discovered and exposed a weakness within California-US-based photo messaging app Snapchat that could allow hackers to freeze and crash a user's phone.
Noida, India-based optimization software startup IntelloCut secured $200,000 (INR1.3 crore) in funding from a group of investors led by Blume Ventures and Google India's Ranjan Anandan.
France-based cloud storage service HubiC now has an updated product offering that consists of a 25GB free storage, 100GB for $1.35 (€1) every month, and 10TB for a $13.50 (€10) monthly fee.
