Amazon.com, Inc. plans to drop a new tablet worth $50 as it has struggled drawing customers to its pricier devices. The said tablet is said to be rolled out this holiday.
Regions
One Third Of US Workers Say They're "Free Agents," Not Tied To Just One Boss
More and more U.S. workers don't want to work for the "Man" anymore and be tied up to just one boss as they consider themselves "free agents." In a report by CNN Money, 31% of workers in the US consider themselves "free agents," according to a survey from Kelly Services, a recruiting and employment firm. These "free agents" consider themselves contractors, small business owners, temps, freelancers, and moonlighters, but never "traditional employees." This means, they don't get their income from just one boss. Most of these free agents said they entered their type of work willingly, and only 10% said they were forced into it due to economic conditions.
Japan's Economy Reduces at a Minus 1.2 Percent Annual Rate in Q2
Revised data released Tuesday shows that Japan's economy contracted at a minus 1.2 percent annual rate during the second quarter. In a report from St. Louis Post-Dispatch, economists are rather impressed with the figure reported since it is better than what was expected. A preliminary report last month showed that Japan's economy contracted at a minus 1.6 percent annual rate.
After 25 years, China revises down GDP growth to 7.3%
The growth rate of China's economy for 2014 has revised marginally lower to 7.3 percent from previous forecast of 7.4 percent. The drop in services sector weighed more on gross domestic product (GDP). According to the latest data from National Bureau of Statistics (NBS), the GDP stood at 63.6 trillion Yuan ($10 trillion) in 2013 and this was 32.4 percent lower than earlier projection. The latest data casts shadow over the Chinese government's target of seven percent for 2015.
Facebook Waits To Hit A Billion Users For Messenger Before Turning It Into A Meaningful Business
Investors have been asking about how Facebook's Messenger can earn more money. CEO Mark Zuckerberg revealed plans during the earnings call on how Facebook will bring more dollars to its recently acquired messaging app.
Latest News
One of the most successful travel bloggers in the world, Johnny Ward, is hailed from a small town in Northern Ireland called Kilkeel. It is exactly that which inspired him to travel and explore the world.
There are a lot going on in the credit card industry, from credit card and gas related theft and fraud to online shopping without credit cards. Forbes reports on each of this credit card news. First, there is a fast spreading epidemic in the credit-card and gas-station industries where thieves are pumping gas illegally for profit. Meanwhile, a new Swedish checkout service allows people to shop online without using credit cards.
A study by British Scientists found that teenagers who spend too much time on the internet, TV or playing computer games reduce their academic performance. According to Fox News, the study conducted by researchers from Cambridge University involves 800 students from age 14 to 15. The study found that teenagers who spend one extra hour on their computer, mobile device, and TV screens have two grades worse in exams than those who don't. The study found that physical activity had no effect on the teenagers' academic performances.
Pfizer Inc. has failed again in enforcing its intellectual property rights in India. The giant pharmaceutical's patent on its rheumatoid arthritis drug, Tofacitinib, was rejected in the country.
Apple has released a new Apple Watch app that is centered around lightweight communication between hosts and guests. They can use it to get notifications and read and respond to messages. Hosts can also receive booking requests right from the watch as reported by msn.com.
J. Crew has been known for its conventionally preppy clothes and its basics. The company lately has been criticized for not offering solid classic attire and is wandering from its core customers.
Amazon is venturing on meal delivery partnering with restaurants near Seattle, and is currently hiring jobs for the Seattle headquarter and in New York. Amazon Inc. is currently hiring staff for its newest division; the Amazon Restaurants. The department is opening 15 job vacancies in Seattle and New York. Six separate postings are from Amazon Restaurant and Travel.
Jan Koum, Whatsapp founder announced it on Facebook that the messaging app had reached 900 million users. Behind its first achievement, Facebook is aiming for 1 billion monthly users worldwide.
City watchdog the Financial Conduct Authority wasted £3.2 million of taxpayers' money on a deal with Oracle for software that was never used. FCA officials admitted that the agency only required £1 million for a software they needed. But according to reports from This Is Money, the FCA paid a total of £4.2 million for a deal with San Francisco-based tech giant Oracle.
