The significant jump in shares of Facebook and Amazon took them into $300-billion club on 4 October. The market capitalization of Facebook soared to $303.6 billion surpassing General Electric's (GE) $299.1 billion.
United States
Merck, Eli Lilly Probed for Alleged Drug over Pricing
The Justice Department launched an investigation on drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co for alleged over pricing. The Wall Street Journal reported that the US Attorney's office in Eastern District of Pennsylvania, along with the Justice Department's civil division set a probe on Merck, Eli Lilly, and Valeant on how these drug makers calculate and report their product pricing to the government medical rebate program.
Ugg new classic slim boots collection landed in 'Oprah's favourite things' list
UGG has been marked as one of the leading brands to the shoe fashion market. Recently, it has come up with another of the upgraded idea, which is strongly anticipated to 'win' winters this year.
Google's Latest Feature Can Reply To Your Emails
Google has launched a new feature that has the capability to automatically reply to your emails on your behalf. The latest feature named Smart Reply by the Google team uses artificial intelligence to scan the email, understand what it says and come up with three short answers for it. The user can then select one of those three answers and send it as a reply to that particular email with a single tap.
Increased Marijuana Tax Will Shoulder College Education
High school graduates in Pueblo County, Colorado will get college scholarship from increased tax on marijuana growers by 2017. A CNN report shows that 60 percent of Voters in the county approved Tuesday a measure that will increase taxes on marijuana growers by 5 percent in the year 2020.
Latest News
Target, one of America largest retail stores is closing 13 stores across the United States that has been performing badly over the years. The management blames decreasing profit in these stores as the main reason for the closure.
MetLife Inc suffered 43 percent drop in profit for the third quarter due to bleak investment results and tax costs associated with the UK subsidiary which impacted the financial performance of the largest life insurer in the US.
Graphene, one of the atomic forms of carbon, has been widely used to increase flexibility, transparency, and conductivity of electronics application and has begun to reach other application areas.
In the fast growing world of technology, different technological companies are contending each other in order to get hold of the global market. In order to do so, sharp and creative minds enrolled are launching different devices, which alongside are easy to use and comfortable, aside from being stylish and sleek.
Sprint Corp - a subsidiary of Japan Softbank- and one of the largest mobile services provider in the US is currently on the way to cutting costs in the midst of deploying marketing strategy to recover lost subscribers.
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.
The US stocks closed higher on Tuesday as investors begin to heavily buy shares as commodities producers slowly beginning to balance their output helping its price to rebound.
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.
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.
