Industry

Y Combinator Reshuffles Executives, Gmail Creator Flagships ‘The Startup Accelerator’

In a major setback, Silicon Valley’s largest startup accelerator reshuffles assignments for top executives. After five years of joining, Gmail and FriendFeed dreamer Paul Buchheit replaces Sam Altman as managing partner of startup accelerator’s core program. Sam Altman is reportedly assigned to advise his successor managing partners while overseeing the entire program.


Pfizer increases its drugs prices including Lyrica and Viagra

Pfizer today confirmed that the company has increased the price of some of its drugs although it was not revealed how many drugs are involved with the price hike. According to a data by Wolters Kluwer which revealed that more than 100 types of drugs has been increased in its price starting on January 1st.

Philippine Peso, this week’s least loser among emerging Asian market

The Philippine peso is the least loser among emerging-market in Asia this week, thanks to the remittance from its overseas workers and outsourcing industry, which shielded it from the Chinese economic slowdown and increase in US interest rates.

McDonald’s gets a multi-color makeover as CEO pushes the company to be a modern, progressive burger company

McDonald’s launched a new makeover for its packaging using bold, bright colors on cups, boxes, and bags that will become more appealing to customers.


Latest News

Lily Robotics’ self-flying camera drone sale has earned $34 million in pre-orders, announced its CEO at the CES 2016.
Aston Martin partnered with China’s LeTV to come up with the Autolink Rapide S, which was showcased at the Consumer Electronics Show (CES) 2016.
Oculus VR founder Palmer Luckery said he is sorry for misleading consumers into believing that the Oculus Rift only costs $350, when it is really priced at almost $600.
Delhi residents have been witnessing chilling cold, drizzling and heavy fog. The Fog is so dense that visibility range has been reported to remain around 75 meters during 10 am to 4 pm. Despite adopting highest ILS, CAT IIIB, air movement has been kept stalled for around 6 hours. According to IGIA met office partly thundery weather may prevail on Sunday next.
Apple is possibly going to bid farewell to the headphone sockets in its new models of iPhone 7/ iPhone 7 plus/ iPhone 6C. This process will make the phone even thinner than normal, while Wolfson Microelectronics will remove background noise during listening to music and making phone calls. But all the changes, Apple is rumored to adopt, are features borrowed from market rivals.
Last December, Martin Shkreli, who was arrested for securities fraud in pharmaceutical company was released on bail. Court document shows his $5 million security bond was secured with $45 million E-Trade account.
European shares begins to stabilize as Chinese stock rebounded. The condition also triggered U.S. stock to climb.
The new McLaren 675LT JVC Kenwood concept at the 2016 Consumer Electronics Show (CES) will have more advanced technology, especially on its windshield.
Saudi Aramco may tap capital market very shortly. The Kingdom of Saudi Arabia (KSA) is considering a major restructuring plan for the world's biggest oil producing company in the wake of lower oil prices. The Saudi government may also sell some of the stake in Aramco.
U.S. Marshall showed up at Consumer Electronic Show 2016 on Thursday. The federal official raided an alleged counterfeit hoverboard booth on court order, upon request from Future Motion.