Social online gaming Zynga posts its third-quarter earnings that beat analysts expectations, revealing that the company is still able to compete in current mobile-age time. Zynga reported $176 million in bookings with a revenue of $196 million.
Sectors
Oil prices skid on profit booking, supply risk holds losses
Oil prices dropped on low volumes as investors preferred to book profit to take advantage of overnight rally. The oil price is hovering above $50 a barrel on disruption in production in Brazil and Libya.
Bitcoin Value Keeps Surging Surprisingly
Bitcoin, the most famous digital and crypto currency, has an enormous surge of value with more than 70% raise in a month. A movement that surprised every body amidst a global economic slowdown, is coming from Chinese capital outflow invested in bitcoin.
Even machines are getting social as Facebook reveals artificial intelligence advances
Facebook Inc. announces that its artificial intelligent research team has achieved new developments including the software's ability to identify objects in digital pictures, to understand natural language, and even to learn.
Tesla's increase in production outlook brings its stocks higher
Tesla's stock went up 8.5 percent to $226 after reporting their third quarter earnings where it delivered more cars than expected. Reuters reported that the car company will boost up the production of its electric cars after its Model X SUV saw a strong rollout, bringing its stock up 9 percent even as it reported its biggest loss in ten quarters.
Latest News
Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will meet for the first time in Singapore amidst the expected public opinion backlash. Reuters reported that the meeting coincides with Taiwan's growing anti-China sentiments as the presidential and parliamentary elections are nearing this January.
After fifteen years of being an online encyclopaedia for people all over the world, the English-language version of Wikipedia now has five million articles. According to Gizmodo, the article that hit the five million mark was an entry on persoonia terminalis, which is a shrub that can be found in eastern Australia.
Both Star Wars fans and Disney Park goers will absolutely love the idea of the opening of the all time favorite American epic space opera film, Star Wars in all Walt Disney World Resort Attractions. The most exciting is it will have its opening during the Holidays.
Facebook CEO, Mark Zuckerberg believed the future of social network is in Virtual Reality. Last year, Facebook acquired Oculus, a VR company. Now they partner with Samsung to make mobile VR experience come to life.
Hyundai Motor Co. announced that it will launch a new standalone luxury car brand called Genesis, as the South Korean carmaker seeks to move upscale and to target higher profit margins.
Quebec is reacting positively to its decision of supporting Bombardier Inc with $1-billion lifeline. Quebec says its decision wouldn't attract any trade dispute from the competitors of Canadian airline.
Jon Stewart struck a four-year production deal with HBO, boosting Time Warner's share by 2 percent during midday trading. According to a report published on Forbes, Stewart's main job for the network is to create web content.
A bizare idea just occurred recently in the Twitch live streaming video platform. A group called themselves "twitchintheshell" planned to install Linux on a virtual machine, based on the most popular keystroke entered by Twitch users. The idea named asTwitch Install has ended in a couple of days after being hijacked by botnet installing other Linux distro.
More than 40% of goods sold on the Internet in China are fakes or shoddy, according to a report by an official of the standing committee of the National People's Congress, the country's top law-making body.
