The United States is now third place in the list of top tax havens for foreign companies on the biannual Financial Secrecy Index by the Tax Justice Network, next to Switzerland and Hong Kong.
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Partners Facebook and Samsung to Launch VR Social Network Experience
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 to launch the new brand of luxury sedans: Genesis
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 defends support to Bombardier CSeries
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 strikes four-year deal with HBO, bringing Time Warner shares up by 2%
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.
Latest News
Chipotle Mexican Grill Inc. announced it has ran steps to improve food safety by hiring two food safety consulting firms, including IEH Laboratories and Consulting Group, to perform batch-testing ingredients as an effort to respond to its E. coli cases.
Amazon is opening its first physical bookstore on Tuesday this week. The store is located in the University Village shopping center, an upscale outdoor mall north of the University of Washington, Seattle.
Following the success collaboration with the fast growing retail delivery service Instacart in Minneapolis, the retail company Target Corporation is now expanding the service with Instacart in San Francisco.
Microsoft's latest Windows 10 increased its market share by 7.94 percent in October from 6.63 percent in September. Ubergizmo has reported that one of the major reasons for the growth in the company's market share is the fact that people who use a genuine older version of Windows can upgrade their operating system to Windows 10 for free.
The oil drilling activity in Canada is taking a hit as crude oil price is still hovering at $50 a barrel. The current situation is forcing Canadian oil companies to lower drilling activity in 2016.
Linux, the once revolutionary operating system in the 1990's, has just released its latest kernel version. The release of its new 4.3 kernel was preceded by an angry message by its creator due to bad programming code.
More and more United States giant tech companies are partnering with Chinese firms that are connected with the Asian country's military, leading to fears that it may improve Chinese military technological capabilities and could even harm US national security.
At Apple's iPhone 6 launch on 9th September, Apple also unveiled its iPad Pro, a 12.9inch wonder gadget described as the most capable and powerful iPad ever created making it a most wonderful gift this Christmas.
HTC Vive will release its virtual reality headset later this year, but only in limited qualities and it will take three to five years before it goes mainstream.
