Swiss watchmaker Tag Heuer has unveiled its first Android smartwatch called "Tag Heuer Connected". Tag Heuer Connected combines Swiss watch's classic Carrera design with the U.S. technology.
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Dollar rally is back on support of interest-swap rates
The US currency is surging again, but this time with support from the interest-rate market. The US dollar rally registered its strongest gain during the past six months against Euro as two-year dollar interest rate swaps shot over those in the shared-currency area.
Maersk Buys $845 million of Africa Oil Corp. assets
AP Moeller-Maersk will buy $845 million worth of Africa Oil Corp.'s shares to revive a declining energy unit in the North Sea. According to Bloomberg Business, Maersk will buy the African oil company's onshore exploration license in Kenya, and two more in Ethiopia.
HSBC and JPMorgan Chase Must Increase Their Cash Reserve According to New Rule
When Lehman Brothers collapse in 2008, it created a global economy setback. Global financial authorities work hard to prevent it from recurring. Now, they introduced new rules for the world's biggest banks to increase their cash reserve and avoid taxpayers bailouts.
Ericsson and Cisco pool resources to earn $1 billion each
Ericsson and Cisco make a merger-like deal, but really isn't to face rapidly changing global market and earn up to $1 billion for each company by 2018. Fortune reported that European gear mobile communication manufacturer Ericsson and Silicon Valley Internet gear giant Cisco went into a partnership that is focused on future networks that will help manage the cross-selling for the companies' end-to-end portfolio.
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Social media is not just a communicating platform for local people but also for world-known celebrities and public figures who consistently post their thoughts over certain arguments. On Monday, White house launched a personal facebook account for Barack Obama to use in order to communicate his message over climate change through nontraditional channels, as reported by Reuters.
The US and Japan governments have made it clear that there wouldn't be re-opening a Pacific trade deal and further stated that any such attempt would further damage the whole pact.
The Moto X,Moto G and Moto MAXX is expected to obtain the Android 6.0 Marshmallow update soon. Some of the motorola units that are eligible for the OS update were also revealed.
The Samsung Exynos 8890 has started its mass production, according to some reports. This powerful chipset is expected to be used in the upcoming Galaxy S7.
The US Energy Information Administration (EIA) has lowered outlook for the US crude production in 2016. EIA has reduced the forecast for 2016 by one percent in the US oil production.
Blizzard confirmed that Heroes of the Storm will have new matchmaking and ranked match system. Heroes of the Storm will introduce new matchmaking system and some significant changes in ranked match lobbies.
The GPU-centric company Nvidia announced a new developer module called Jetson TX1 with an emphasis on machine learning to equip boards, drones, robotics, and other devices. The piece of machine learning hardware is described to be the size of a credit card.
Hit by its emission-scandal, Volkswagen is lagging behind in the global automobile market, while auto sales are encouraging picking up mostly in the US. The German auto giant is facing adverse conditions in the automobile market globally after the emission norms scandal broke. The company is struggling to get back angry dealers to business mode to prevent further loss.
Samsung is said to be gearing up for another innovative handset. The Galaxy Note 6 is expected to come in late 2016 and will include powerful features that are worth waiting for.
