As its international subscription soared, Netflix plan to collect more revenues. CEO Reed Hastings on Tuesday announce to increase its U.S. subscription fee.
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Modi’s ambitious Startup India backed by a Rs10,000 crore fund
Indian Prime Minister Narendra Modi recently revealed his ambitious project, Startup India. The Rs10,000-crore plan is meant to encourage a thriving startup culture by reducing government regulations and hurdles from the way. This government aid should prevent the young entrepreneurs from fleeing to another country with better bureaucratic policies.
Cheaper Chinese imports, sluggish demand force Tata Steel to slash 1,050 jobs in UK
India-based Tata Steel is reducing manpower by 1,050 in the UK operations. Tata Steel is among other steel producers suffering from falling steel prices and cheaper imports from China. The UK steel industry is urging European Commission to take necessary action against unfair trade imports.
China to combine 40 entities to work on $22 billion plan-engine project
China, as part of a wider drive into progressive industries to boost its GDP growth, plans to combine over 40 entities to work on the giant $22 billion plane-engine project. Under the plan, the government of China along with companies like Aviation Industry Corp. would invest 35 billion yuan.
Amazon drones to hover in your backyards and drop off packages within 30 minutes
Amazon is currently working on its Prime Air drones, which will revolutionize the concept of online shopping completely. These drones have an in-built sense-and-avoid technology that allows them to reach their destinations unharmed, and deliver online orders within an unbelievable 30 minutes.
Latest News
World’s oldest man Yasutaro Koide died Tuesday at the age of 112 in Japan. World's oldest man died Tuesday at 112 in a hospital in Nagoya central Japan.
British Prime Minister pledged £20 million to fund English classes for Muslim women migrants in hopes to solve extremism.
Time Warner Cable raises its cable and internet rates in New York after its $55 billion merger with Charter Communications got approved.
Gold supplies peaked at 3,155 tonnes in 2015, while global gold production is expected to fall 3 percent in 2016, which means prices could increase this year.
Apple has been aggressively getting into the infosec industry and TechCrunch gives its top 16 security advancement options to look forward to in 2016.
Malaysia’s Petronas will cut $11.4 billion from its capital and operating expenditure for the next four years as rout in oil prices continues, sending Brent crude price to $28 per barrel.
Japan gave the go signal for the 2012 clean energy projects that could produce up to 85,550 megawatts of renewable power, the bulk of which is from solar energy.
Wearable IoT World launches Hong Kong accelerator after receiving $4.5M from Radiant Venture Capital
Wearable IoT (Internet of Things) World launched Monday its Hong Kong operation after receiving $4.5 million worth of funding from China-based investor Radiant Venture Capital.
South Korea’s Ministry of Environment will file criminal charges against Volkswagen AG’s Korean office head, citing that the car makers proposed plan falls short from the country’s legal requirements.
