According to the White House, US President Barack Obama met with tech executives along with transparency advocates to deliberate on the government's surveillance programs.
Sectors
Cloud computing delivers innovation, cost cutback in banking - analysts
According to analysts, banks are shifting to cloud computing since it could deliver innovation and cost cutback in banking.
Swiss shop clerk tells Oprah Winfrey crocodile handbag is "too expensive" for her
A Swiss shop clerk told Oprah Winfrey that a crocodile handbag worth US$38,000 was "too expensive" for her which sparked racist slur.
China's services sector exhibits flicker of improvement
A private survey revealed that China's PMI for the services sector showed signs of growth. The HSBC/Markit Purchasing Managers' Index (PMI) survey for the services sector in China showed signs of improvement.
Obama proposes overhaul of US mortgage system
President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.
Latest News
Canalys told Bloomberg that Apple's market share in China plunged to just 5% during the second quarter, down from last year's 9%.
Kenyan President Uhuru Kenyatta revealed that his government will be constructing a temporary terminal that will hold 2.5 million passengers.
The Wall Street Journal reported that Acer would retreat from using Windows and embrace the Android operating system for its mobile devices.
MorphoSys announced that Celgene will be acquiring a 3.4% equity stake capital in their company through a capital increase.
US District Judge Denise Cote is considering the possibility of restricting Apple from making contracts with publishers for five years.
The reported collaboration between BlackBerry and Silver Lake Partners could help each other grow their individual market share.
ConocoPhillips submitted its application for permits to drill a production well in a new field in the Alaska national reserve.
Philip Falcone's Harbinger Capital filed a lawsuit against Deere & Co and Global Positioning System companies for US$1.9 billion in damages.
The US Court of Appeals grilled Samsung over a patent case ruling that favored the South Korean company.
