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Viacom, CBS sued for prioritizing Sumner Redstone's interests over shareholders

E.F. Greenberg, representing other investors, sued Viacom, CBS, and some of their executives for prioritizing the interest of its 92-year-old executive chairman, Sumner Redstone, more than its shareholders.


Microsoft donates $1B Cloud Services to support researchers

Microsoft Corp. CEO Satya Nadella announced that the company launched an initiative that would help university and nonprofits researchers for the next three years, by donating $1 billion worth of Microsoft Cloud Services.

Remelting Scandal brings Mast Brothers' hipster chocolate sales down 66%

After the remelting scandal that hit Mast Brothers’ hipster chocolate, certain retail stores selling the product claim that sales of the bar went down by 66 percent.

Jerry Seinfeld's multi-million dollar Porsche collections up for auction at Amelia Island Auction in Florida in March

The multi-million dollar car collection owned by comedian Jerry Seinfeld will be up for auctions at the Amelia Island Auction in Florida on March 11.


Latest News

Skype aims to help users be more productive with the two new features for Skype for Android. With these new features, users can easily schedule calls and open Office files. Microsoft has been improving their apps, including its popular Skype to perform better in various platforms.
Las Vegas city cabs have overcharged the customers by a whopping $47 million, the findings reveal. The root cause of this extortion lies in its ridiculously high $3 credit card processing fees along with a hike in fuel surcharge. Long-hauling is also an added factor in duping particularly the tourists. The auditors have slammed some pretty harsh recommendations on the Nevada Taxicab Authority which regulates all Clark County cabs.
The emoji features a koala wearing a pair of sunglasses, and will appear automatically when a user tweets using the hashtag #AustraliaDay. An event on Tuesday marks the opening of the digital celebration one week prior to the national holiday on January 26. Australian netizens are also encouraged to tweet their stories and views on the holiday.
Amidst intense smog, China still came out with a 10% decrease in air pollution in 2015. The numbers indicate a direct fall in the consumption of coal. However, despite the small improvement, the situation is still pretty grim as the country, which is home to a host of coal power plants, has now taken the top spot for emitting greenhouse gases. The 'red-alert' situation this winter should be a wake-up call for the government to now take drastic measures to curb the sources of air pollutants.
The cutting down of the global crude oil in the world has not really influenced the Chinese consumers' retail fuel prices. The price remains the same as long as the price does not touch %40 per barrel.
Previously, an experiment team of a space gardening project called Veggie has also succeeded planting consumable lettuce. The flower bloom is a remarkable step forward to a more advanced technique and choice of plants to grow in space. The project was established because NASA seeks to learn how astronauts can grow their own food in space to sustain long-term space journey.
The initial study was conducted with rats, but it was confirmed that the researchers seek to extend the new findings to human. The biodegradable chip was expected to help doctors monitor their patients better while reducing risks of removal re-operation, such as infections.
Chipotle will close their stores across the country on February 8 for a few hours so that corporate officials can discuss the new steps the company is taking about food safety. The chain has been hit by frequent outbreaks of food-borne illnesses in the past year, with the cause not yet announced.
A recent report showed the declining trend of people to have driver's license in United States. Research was conducted by University of Michigan Transportation Research Institute.
YouTube and Pakistani authorities agreed on some unknown terms that give partial power for the government to request the removal of offensive materials. However, the requests will be thoroughly reviewed and being accounted for. Other terms remain unknown.
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