Brazil is financially ruined, under recession

Whether Brazilians like it or not they are again headed for their worst economic crisis. The government reported Friday that the country's gross domestic product (GDP) had plunged 1.9% in Q2 alone and once again putting the nation into a technical recession.


Twitter launches Music on Vine for iOS and Android to help you discover and create music

Twitter announced Thursday Music on Vine designed for iOS and Android that would make it easier for users to discover and create their own music through the short-form video sharing app.

1 billion people on a single day: Facebook sets new record

Creating a new milestone, the largest social media platform Facebook recorded one billion people accessing its website in a single day for the first time.

Intel invested $60M to develop drones with Yuneec International

Intel Capital had invested $60M in China-based drone manufacturer Yuneec International Co. to produce drones that would help the industry in the future. The chipset company also invested on Airware and PrecisionHawk.


Latest News

History does repeat itself. Ford will definitely bring back the Ranger to the U.S. and rebuild it later this decade. Ford Motors is planning to return to the midsize pickup truck market with a new-generation revival of its Ranger nameplate.
Education is supposed to give you a brighter future, but most graduates are trapped under piles of debts from the student loan system and the increasing college prices. This affects their credit scores and their major life decisions, snatching their dreams away.
PayPal proves to be one of the leading players in the fast-growing payments industry as it sets to expand its One Touch program to 13 new markets in Europe and Australia, making check-out more convenient for online shoppers and merchants.
With an objective of taking additive manufacturing (3-D printing) to further advance level, America Makes has drawn up plans to support research and development (R&D) with financial funding of up to $8 million.
Amazon announced Wednesday that it will offer its Prime Instant Video service in Japan next month, going toe-to-toe with rival Netflix in the video streaming industry.
Underlining the erupting problem of liquidity crunch in its financial system, the world's second largest economy's central bank the 'People's Bank of China' has released GBP14 billion emergency funds into the domestic banking system to support the cash supply mechanism.
Exactly 20 years ago, on August 24, 1995, Microsoft launched Windows 95, and ultimately changed the way people interact with their computers.
Facebook is a wonderful avenue to raise awareness for certain advocacies. Now, it launched its donate button to make giving to nonprofits' pages easier and more effective.
Facebook Moments app introduces a new feature; a photo collection aggregated from your phone in a form of video. Moments automatically collects your photos and pick the right type of music based on 12 background themes that is shareable with your Facebook friends by means of facial recognition.
As the onslaught of the stock market tumult continues to wreak havoc on some of Britain's banks, Lloyds and Royal Bank of Scotland lost almost £3 billion from their value.