Facebook to launch 15-second ad video for US$2.5 million each day

Facebook would launch a 15-minute ad video that would cost US$2.5 million per day for advertisers. Facebook planned to launch video ads into the news feeds of users that would last for 15 seconds.


Chicago's Lollapalooza expects to draw large crowds again

The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.

Obama’s proposal aims to satisfy Republicans and Democrats

US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".

SEC investigates 'fraudulent' McAuliffe investment program

The Securities and Exchange Commission launched an investigation against Gulf Coast Funds Management's investment program.


Latest News

Former NCAA athletes scored a win against Electronic Arts as a federal appeals court rule rejected the company's attempt to quash their case for unauthorized use of images in the latter's video games.
Greg Oden, the top draft pick in 2007, bids a comeback with the NBA champions Miami Heat. Greg Oden, the former first round pick of the Portland Trailblazers in 2007, last played in an NBA game in the 2009-2010 season.
Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
King Abdullah bin Abdul Aziz of Saudi Arabia launched mega investments to create jobs. King Abdullah bin Abdul Aziz of Saudi Arabia launched different development projects amounting to SR327 billion or US$81 billion on Thursday.
Ellis Medicine barely passed the positive net income mark in its midyear performance report due to investment income.
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
Financial analyst said that BlackBerry's operations and intangibles would present a strong margin of safety for investors.
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.