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.
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America Makes' $8M funding for commercialization of new technologies
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 announces Prime Instant Video Streaming Service Expansion in Japan, Competing with Netflix
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.
China infuses GBP 14B emergency funds into banking system to bridge gap of cash supply position
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.
#Throwback: 20 Years Ago, Windows 95 Launch Changed the World Forever
Exactly 20 years ago, on August 24, 1995, Microsoft launched Windows 95, and ultimately changed the way people interact with their computers.
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When daydreaming about money, visionaries like you think of the most amazingly, abundant scenarios. You can think of that mansion perched on the Hollywood Hills with no neighbours, or the multi-billion tech business, the best education for your children, or simply relaxing at one of the beaches in Fiji with your love ones.
The victims of the hack on infidelity website Ashley Madison experience more dire consequences than imagined, ranging from extortion attempts, hate crimes, and even suicide.
Uber recently announced that it has allocated $1 billion to expand its operations in China. Like that is not big enough, the company will also be setting aside another $1 billion to strengthen its business in India.
Cavendish Kinetics to raise 36M for smartphone reception improvement with its new generation RF MEMS
San Jose company Cavendish Kinetics successfully raised $36 million to develop their radio frequency micro-electro-mechanical system (RF MEMS), which could significantly improve smartphone reception.
Former U.S. Treasury Secretary Larry Summers claims that the aggressive sell-off on the global markets can lead to "a very serious situation" and raising interest rates could be a big mistake.
Comcast announced this week that it has plans to roll out a next-generation cable technology that will opportune it to compete at the same speed that Google Fiber has, which is 1 gigabit per second.
Intel is partnering up with Mirantis to advance OpenStack cloud computing framework with a $100 million investment.
Many home health workers and other direct care workers will have the best day of their lives because they are going to have a raise. What drives this wage increase include union assertive campaigns, bountiful state minimum wage laws, an authoritative court decision on Friday and most significant is demand growth for paid home care by consumers.
Hackers are now taking advantage of the people affected by the recent Ashley Madison attack, security companies say.
