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EU steps up pressure for rapid deal to revive asset-backed debt

European Union reform of the securitized debt market to help to revive the region's economy is likely to be binding on member countries to speed up change, a senior official from the bloc's executive body said on Tuesday.


Crude slides as Iran clinches historic nuclear deal

Oil dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports.

NASA New Horizon to reveal Pluto's mysterious shapes

For the first time in history, Pluto, a declared dwarf planet in 2006 will take center stage as NASA's New Horizon spacecraft moves closer to it for a fly-by expedition. The team will be observing curious shapes that could reveal the characteristics and composition of Pluto's surface.

From 'Minions' to millions: the animated film beats Toy Story 3 for biggest opening weekend

Universal and Illumination Entertainment's Minions had made it as the second biggest animated movie when it was first shown in cinemas on July 12, ending the week with $115.2M next to Shrek the Third ($121.6M) in 2007 and beating Toy Story 3 ($110.3M) in 2010.


Latest News

Google's android update has been equipped with several new features taking the smart watches further up on the value chain. Android wear watches update is available with Moto 360, LG G Watch R, Samsung Gear Live, Sony Smart watch, etc. The rolling out of android wear update is being expanded gradually to other devices.
Battery life has always been one of the strongest points of the Motorola Droid Turbo. At 3900mAh, it can last up to 28 days on standby and two days with careful use. The fact that it comes with a 5.2-inch AMOLED display and quad-core Snapdragon 805 processor and charges rapidly with the unique Turbo Charger gives it even more edge over pricier competition. However, after installing the latest update, Droid Turbo users have begun complaining.
The US Office of Personnel Management's 21.5M stolen data could compromise the lives of individuals directlyand indirectly connected to the US government. The hack stole security information, backgrounds and filed fingerprints that could potentially reveal identities of US secret agents around the world. OPM director's resignation could be a justified move but it hardly offers solution to the crisis.
Fitness and food tracker apps MyFitnessPal and Endomondo have started sharing content with one another, several months after both companies were acquired by sports apparel and fitness technology maker Under Armour in a deal worth $560 million.
Pope Francis complained over unbridled capitalism and the worship of money in a speech he made during his visit in Asuncion, Paraguay on July 12, one of the three countries in South America he visited over the weekend, including Bolivia and Ecuador. Accordingly, Bolivian President Evo Morales said that Pope Francis is preaching socialism, saying that the Pope is the "first and the best politician in the world".
In an unremitting bid to personalize the entire facebooking experience to billions of Facebook users, world's most popular social network giant has updated its news feed.
A few months after considering a venture on the smartphone gaming policy, Satoru Iwata, CEO of Nintendo died on Saturday at 55 due to a bile duct tumor. Reports say this is such a big lost for Nintendo.
Asus unveiled new models of its ZenPad Series tablet last month, the ZenPad S 8.0 including a 7-inch, 8-inch and 10.1-inch models. And now you can have them at Best Buy for $199.99 with 8-inch and $99.99 with 7-inch model.
Apple is now compromising a free 30-day extension for paying iCloud subscribers in Greece without added cost. This is Apple's way to avoid downgrading and intermission of services to its Greek customers who are presently not capable of paying monthly fees due to control procedures proposed in the country.
Steve Huffman, Reddit's previous CEO and co-founder, is replacing Ellen Pao as the CEO after Pao resigned due to the escalating tension after a chain of conflict and issues between the top management and subreddits that has brought chaos on its online community. On the other hand, Pao will still stay at Reddit as an advisor.
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