Facebook's new Messenger app has made it easier for businesses to have an organic connection with their customers, which could yet be another way for the giant social media platform to earn money.
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Alexis Tsipras retains economic government to battle crisis
The new left-wing government of Greek Prime Minister Alexis Tsipras is tasked to tackle the worst modern day crisis took office on Wednesday, just three days after the Syriza party was returned to the seat of power.
Leonardo DiCaprio fights global warming by divesting from fossil fuel industries
Leonardo DiCaprio along with 2,000 other individuals and 400 institutions plans to pull out their investments from fossil fuels in a move to fight global warming, activist group Wallace Global Fund announced Tuesday.
Google's Alphabet aims to disrupt health care industry; opens space for tech startups
What once was a vision of the future of health care in science fiction is now becoming a reality as Google's Alphabet sets its eyes on solving health care issues. Doctors' function in treating and maintaining peoples' health will be done efficiently and cheaply by machines run by technological algorithms in the near future. These advances require a disruption in the status quo, which will definitely not come from the government or other current healthcare providers, but from entrepreneurs, like Google's Alphabet.
Starbucks expands Mobile Order & Pay Service in 7,500 cafes in U.S.
Starbucks Corp announced on September 22 that its successful Mobile Order & Pay service is now offered in all its almost 7,500 US shops. According to Reuters, this goal is achieved three months earlier than expected. Some additional 3,400 cafes will get the new online service. These cafes are located in notable cities such as San Francisco, New York, Washington D.C., Chicago, and Boston.
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"Good guys finish last" is a common saying, but is not necessarily true when it comes to handling business, or so as others would like to believe. To some, a firm hand and a cold resolve would make for a fine CEO, whether that CEO is a man or a woman. However, kindness is beneficial to the businesses' customers and employees.
Securities and Exchange Board of India (SEBI), the Indian stock markets regulator, has imposed a heavy fine of $1.1 billion (INR 72.7bn) on New Delhi-based real estate firm PACL Ltd for illegally raising funds to the tune of INR491 bn from the market. Sebi has further directed PACL Ltd to cough up the fine amount within 45 days from the order date. The fine amount is the biggest penalty so far that SEBI imposed on any company.
German automaker Volkswagen Group is under scrutiny after it was found by the U.S Clean Air Group that some of its cars did not pass the standard emission test. The test conducted by Peter Mock and John German revealed another scandal - the use of "defeat device" software in its cars.
Since Apple made it easier for developers to create ad blockers, blocker apps gained revenue in the App Store. Reports said this is an absolute danger for Google and web publishers. In June, The Next Web reported Apple Inc. has provided tools for developers to create apps that block web ads. The tools are exclusively only for iOS9's default browser Safari.
The Office of Personnel Management today said that some 5.6 million fingerprints were stolen by the hacker and not 1.1 million like it was previously reported. The new data came after the agency had conducted further investigation together with the Department of Defense.
Plans for setting up a Boeing factory in China has been submitted to the Beijing Government. It was reported Tuesday by the state-run media ahead of President Xi Jinping's U.S. visit, where he will tour one of its plants.
With the European court judgment's awareness, UK aviation regulators started enforcing the budget airline Ryanair, to compensate thousands of delayed passengers. The statement came after hours after a final ruling from the European court of justice opened the floodgates for compensation claims against airlines that could reach into hundreds of millions of pounds, as reported by The Guardian.
Volkswagen's manipulation in emission norms is rocking Germany following the latest resignation of CEO Martin Winterkorn. Analysts forecast that the recent developments at Volkswagen will have an impact on business and politics in Europe's largest economy.
Photoshop maker Adobe System Inc's quarterly revenue jumped 21 percent, thanks to the better-than-expected increasing number of subscribers to its Creative Cloud software suite. Reuters wrote that Adobe's net income increased to $174.5 million, which is 34 cents per share in the end of the third quarter on August 28. Last year, on the same period, that number was only $44.7, or 9 cents per share. Meanwhile, its revenue went up to $1.22 billion from $1.01 billion.
