Uber recently announced that it has allocated $1 billion to expand its operations in China. Like that is not big enough, the company will also be setting aside another $1 billion to strengthen its business in India.
North America
Panic selling causes log in issues in investing websites
As panic ensued when the Dow crashed to 1,000 points Monday right after the opening bell, some investors complained on Twitter that they weren't able to log into their online stock accounts.
Facebook Moments version 2.0 app creates videos from your photos and syncs it to your friends
Facebook Moments app introduces a new feature; a photo collection aggregated from your phone in a form of video. Moments automatically collects your photos and pick the right type of music based on 12 background themes that is shareable with your Facebook friends by means of facial recognition.
U.S. stock market gains evaporate on another wild trading day
Another wild day of trading gripped Wall Street Tuesday. Many were hoping stocks would recoup losses from Monday's massive selloff, as all three major equity indexes surged during early sessions. But, as trading drew to a close, their gains vanished.
Achieve your goals one day at a time - the secret to financial freedom
When daydreaming about money, visionaries like you think of the most amazingly, abundant scenarios. You can think of that mansion perched on the Hollywood Hills with no neighbours, or the multi-billion tech business, the best education for your children, or simply relaxing at one of the beaches in Fiji with your love ones.
Latest News
Cavendish Kinetics to raise 36M for smartphone reception improvement with its new generation RF MEMS
San Jose company Cavendish Kinetics successfully raised $36 million to develop their radio frequency micro-electro-mechanical system (RF MEMS), which could significantly improve smartphone reception.
Chinese factor is impacting significantly growth plans of several economies in the Asian region. The uncertainty in the stock markets and volatility in the foreign exchange (forex) have kept the many Asian nations in a gripping situation.
Former U.S. Treasury Secretary Larry Summers claims that the aggressive sell-off on the global markets can lead to "a very serious situation" and raising interest rates could be a big mistake.
Selling on Wall Street was so drastic Monday that the stocks and exchange-traded funds went through unprecedented emergency halts 1,200 times.
Comcast announced this week that it has plans to roll out a next-generation cable technology that will opportune it to compete at the same speed that Google Fiber has, which is 1 gigabit per second.
Intel is partnering up with Mirantis to advance OpenStack cloud computing framework with a $100 million investment.
In an unprecedented move, the stock price of world's most diversified business conglomerate fell 21 percent on the Wall Street. The shares of General Electric (GE) suffered biggest loss ever since the Black Monday in 1987 eroding the company's value by a whopping $53 billion.
The latest rankings on most expensive states in the US reveal that New York is no more the most expensive place in America. The Aloha State (Hawaii became Aloha State officially by 1959 Legislative Act) moved up to the top position in the list of most expensive state in the US for first quarter of 2015 from second most expensive state status in 2014.
Apple's stock rose sharply Monday after chief executive Tim Cook sent a rare e-mail to a news commentator, saying sales in China had been strong.
