Boeing will report a $569 million after-tax accounting loss in its fourth quarter. The company will also reduce production of its 747 airplane starting September this year..
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Rear Camera of Galaxy S7 To Improve Image Quality In Low Light, Samsung Eyes For Better Sales
The much awaited Samsung Galaxy S7 has been spotted in wild of internet. The displayed image has quenched the thirst of fans while some remain undisclosed till now. The Galaxy S7 series is believed to reduce camera pixels a little compared to S6 series, but a little lower pixel will enable the camera to provide improved image quality when snapped in low light situation.
Portable Ultra Short Throw Projector, Introduced By Sony, Hits Market During Mid February
Sony has unveiled the portable ultra short throw projector first in the IFA Show during September last year. The product is going to be released in the Japan market on February 13 and will be available for around ¥93,000 ($798). Reason for enthusiasm about the tiny projector is that the device is capable of beaming image on wall from very short distance.
Tech Mahindra Manages $200 million For Investing In Startups Across The Globe
World Economic Forum (WEF) meeting is the perfect place to represent future business plans. Tech Mahindra, an Indian IT service provider, has been seeking opportunity to invest in startups since long. Finally, the Indian IT giant has chosen the meeting to elaborate its economic strength, technical know -how and keenness to portray itself as a potential startup investor.
Economists see robust hiring, housing in the US economy
The US economy is witnessing surge in job market and attractive mortgage rates. These positive factors are expected to boost the new home market. The US economy is forecast to grow at 2.7 percent in 2016 from 2.1 percent in 2015. Economists predict that the GDP growth rate may slowdown to 2.2 percent in 2017. The market for new homes grew 15 percent during the first 11 months of 2015.
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Uber generated more revenue in 2015 than in the previous year. However, the company experience more losses in order to pursue growth.
As winter storm is heading toward East Coast this Friday, flight disruption is expected. Airlines are offering refund and waiver to customers whose flight schedule is affected by the snow storm.
A group of students in University of Oslo set a Guinness World Record by lifting a 134.5 pounds (61 kg) payloads with drone. The drone is a multi copter drone made of eight drones chained together.
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 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.
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.
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.
Facebook CEO Mark Zuckerberg, has continued his efforts to spread internet even in the poor countries through Free Basics or internet.org. Even in paternity leave, he responds to the criticisms placing arguments. But now, he is facing criticism even from his own house. An unidentified Facebook employee has appeared to criticize his moves and Facebook spokesperson hasn’t commented on such in-house resistance.
Greatist has raised 4.5 million US dollar in Series A round. The company will utilize the funds to add more staffs, on the advertising department, to create additional custom programs like events and original content, according to Derek Flanzraich, CEO of Greatist.
