North America

Intel Capital allocates $125 million to fund firms with women and minorities in top roles

Intel Capital, the venture capital arm of the global chip maker- Intel Corp, on Tuesday announced to allocate $125 million fund to back companies with women and minorities in leadership roles. This comes after its pledge in January to spend to $300 million over the next five years to promote diversity in the company.


New Xbox One Matte Black Console Offers 1TB Of Storage

Microsoft corp will be showing off its latest offerings at the Xbox E3 show next week. In what could be a preview of the things to come, the company yesterday unveiled Xbox One console, with a new matte finish and 1TB of on-board storage space.

Virgin Atlantic could expand fleet in deal to replaces 747s

Virgin Atlantic [VA.UL] plans to decide within six months on how to replace seven Boeing 747s it flies from London’s Gatwick airport, and could expand its overall fleet in the process, the British airline’s chief executive said Thursday.

Wall Street climbs after retail sales data; healthcare up

U.S. stocks climbed on Thursday as retail sales data lifted the outlook for consumer spending and as healthcare shares gained.


Latest News

Electronics giant Sony Corp's sophisticated image sensors are being used by top smartphone makers Apple Inc and Samsung Electronics to build their products. The image sensors has turned out to be Sony's top-selling product, giving a boost to the company's ailing financial health.
Facebook Messenger app has surpassed the 1 billion download mark via Google Play store. Google apps are the only other apps to surpass this mark, TechCrunch reported.
Apple Inc said it was driving vehicles around the world to collect data that will be used to improve Apple Maps. The company has given driving locations on its website for June 15-30 which include Ireland, England and several cites in the United States.
The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and a looming rise in U.S. interest rates.
U.S. stocks jumped on Wednesday, helped by gains in technology and financial shares and optimism that Greece may be closer to reaching a deal with creditors.
The reported T-Mobile US and Dish Network merger talks are not supported by major T-Mobile shareholder Deutsche Telecom.
Making iPad a more functional device for business productivity, Apple on Tuesday launched a split- screen real multitasking app that allows users to run two app side-by-side.
Campbell Soup Co (CPB.N) said on Tuesday that it would buy salsa maker Garden Fresh Gourmet for $231 million to expand in the fresh and organic packaged foods business.
Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.
U.S. stocks ended flat on Tuesday though the S&P 500 snapped three days of losses as financial and consumer staples shares bounced.