Archives

Marc Andreessen sold $160 million worth of his Facebook Shares

Respected investor and web-browser pioneer, Marc Andreessen who is also the owner of a joint venture firm, Andreessen Horowitz had sold nearly 75 percent of his stake in Facebook ahead of the holiday season. According to the regulatory filings, the total shares sold by Andreessen is about $160 million.


Alibaba Group may acquire SCMP group

Chinese e-commerce major Alibaba Group is planning to make yet another investment plan for the media segment. The Chinese media reports reveal that Alibaba may acquire SCMP Group, which runs China Daily.

Russian GDP shrinks 4.1% in Q3; fall rate eases

The Russian economy slipped 4.1 percent during the third quarter as against the drop of 4.6 percent in the second quarter. The consecutive third quarter of contraction signals recessionary situation in the Russian economy.

Charles Smith’s Urban Winery launches in Seattle

Charles Smith has touched down the ground in Georgetown with the opening of Charles Smith Wines Jet City. The new Urban Winery is now considered as the largest urban winery on the west coast.


Latest News

Samsung Electronics is expected to launch another smartphone, the Samsung J3. This handset featuring 4.7" display already received FCC certification in U.S.
The Samsung Galaxy Note 4 can now be updated to Android 6.0 Marshmallow through the CyanogenMod 13 ROM.
Amazon’s "The Man in the High Castle" will finally be available for streaming this Friday and critics are showering it with significant praise as early as now.
Eiffel Tower is closed for an indefinite period of time after the bloody Paris attack on Friday, Nov.13 that killed at least 129 people. The announcement was made by the operator on Saturday.
China to face decline in copper imports for the next year as the response of its weak domestic demand on copper driven by slowing economy in the country. China released weaker than expected economic data that raised serious concerns over the country's future demand for industrial metal.
After a Paris devastating terror attack by Islamic State on Friday night, global market reacted to the event. US and European stock slid slightly, and so are markets in other parts of the world. However, global market resilience have increased to show their strength against terrrorism.
Analysts are expecting some sell-off in the stock market today as investors are expected to be cautious after the Paris attack. However, the market seems to be resilient from the attack especially the French market as investors seem to refuse to panic despite the attack.
Turns out Twitter's extension of Direct Message passed 140 characters accidentally gives botnet administrators a stealthy and streamlined approach to control their bots.
Google announced that its expanding the Local Guide program in Google Maps with new updates on its integrated rewards program. The Local Guides feature encourages and rewards users to provide information on area business, including reviews, photos, and other details.
In honor of Veterans' Day and in extending gratitude to military veterans Starbucks announced that it is offering free tuition to spouse or one child of an employee-veteran working at Starbucks.