Money Times

Google, Facebook among Silicon Valley majors to lead India's broader free internet

Silicon Valley technology firms see robust business potential in India as over a billion people are without internet access. Most of the US-based technology majors are looking to India to bring more people online to get connected to their services.

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Scientists genetically modified mosquitoes to be malaria-resistant

Scientists at the Unversity of California have created malaria-resistant mosquitoes to eliminate the insects' ability to transmit the disease to humans. Using a gene-editing technology, they also ensure the mosquitoes pass on that resistant gene as they reproduce.

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People with unpaid IRS debt can have their Passports cancelled

A bill that prohibits people with unpaid IRS loans from travelling is expected to become law very soon. The Federal government has been going after travelling people who are reporting their taxes incorrectly for a very long time, but now, they plan to apprehend those with unpaid IRS loans.

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6 tips to avoid over spending

Holiday occasions bring smiles and enthusiasm in thousands of people as they celebrate by exchanging gifts and inviting people for a feast. This sometimes can lead to overspending, thus making a household budget jeopardized.

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Morocco to build the world’s largest solar power plant

Morocco will build the largest concentrated solar power in the world at Ouarzazate city. The project, alongside with hydro and wind, will help provide nearly half of Morocco's electricity requirement by 2020.

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Google launches Star Wars VR experience on Cardboard

Google teams up with Disney to launch a Star Wars virtual reality experience for Google's Cardboard headset. The virtual reality experience will launch on December 2 as part of celebrations of Lucasfilm's Star Wars: The Force Awakens which will be available on cinemas on December 17.

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Stockpiles help US growth beat forecast in Q3

The world's largest economy registered an encouraging growth in gross domestic product (GDP) in the third quarter of 2015. The GDP growth rate surpassed previous forecasts as businesses expanded inventories indicating the economy on the right track.

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Social Media Drives Significant Web Traffic to Trending Stories According to Analysis

Nowadays, we get more news from online sources rather than local newspaper. Parse.ly, a publishing analytic company reported that social media has become more important to drive web traffic on top stories of the 2015.

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Evergrande Bought 50% of Great Eastern Life Assurance for Share 3.9 billion yuan to diversify into insurance

One of the largest property developers in China, Evergrande Real Estate Group Ltd., acquired 50 percent share from Great Eastern Life Assurance Co for 3.9 billion yuan, or $610 million, to get into the insurance industry.

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Cat Photos Show Solidarity for Citizens in Brussels

Police and armed forces are still searching for one Islamic State terrorist suspect and his accomplices in Brussels. Citizens cooperate with police to stop sharing information via Twitter, they shared photos of cat with #Brusselslockdown hashtag in Twitter.

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Alibaba's Jack Ma eyes South China Morning Post

Alibaba founder Jack Ma is planning to venture into the publishing sector as news circulated that the e-commerce tycoon will be buying some stake in Hong Kong's South China Morning Post.

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Britain Expand Its Military Spending In Defense Against Islamic State

Amidst a growing threat from Islamic State terrorism, Britain strengthen its defense by spending more budget on defense and security. According to CNN, Britain will beef up its security by purchasing nine new Boeing P8 maritime patrol aircraft for surveillance and anti-submarine warfare,with additional spending of £12 billion ($18 billion).

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Carl Icahn picks 7.13% in Xerox, says it's undervalued

Billionaire investor Carl Icahn has bought 7.13 percent stake in Xerox Corp. Carl Icahn's statement terming the shares of Xerox are undervalued has triggered the price rise in stock. The stake sale will pave the way for strategic changes at Xerox Corp. Icahn will represent on Xerox's board and is expected to take up enhancing of operational performance.

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Audi admits Volkswagen Installed Defeat Device in 85,000 more cars

Audi admitted that there are some 85,000 more Volkswagen cars with illegal defeat devices that can disable emissions control functions. According to Digital Trends, the vehicles are U.S.-spec cars with 3.0-liter TDI V6 engine, which are typically under the hoods of Audi models like the A6, A7, A8, Q5, and Q7.

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Apple officialy confirms the acquisition of motion-capture firm Faceshift

It is to everyone's knowledge that there is a growing demand for virtual reality technology in the global market. It has enabled many tech-oriented companies to step up the ladder to acquire the technology to upgrade their sales and reputation, Apple being one of them.

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