Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.
Industry
U.S. jobless claims up, but four-week average hits eight-year low
The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend pointed to a continuing strengthening of labor market conditions.
Top 20 African tech startups, PesaPal, mobile services providers in the lead
Technology startups in Africa help mobile and internet usage increase and continually grow in the future. Currently, about 16 percent of the continent’s population has access to the internet and is increasing. This makes Africa a transformative potential in the digital world. Listed below are promising tech startup companies that show impressive development since its operation.
MIT Unveils Its Top Fifty Smartest Companies in 2014; Genome Mapping company lords over Google, Samsung and Amazon [See List]
The MIT Technology Review has recently released its list of the top companies from different fields of industry who have made impressive strides in its fields. The list showed companies who made dramatic developments in different fields, including engineering, agricultural technology, and the world wide Web.
U.S. durable goods orders rebound, core capital goods rise
Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy at the end of the second quarter.The Commerce Department said on Friday durable goods orders increased 0.7 percent as demand increased from transportation to machinery and computers and electronic products.
Latest News
Intel Corp (INTC.O) believes the worst is over for a personal computer industry hammered by the mobile revolution. The Santa Clara, California chipmaker forecast third-quarter revenue above...
Samsung Electronics Co Ltd (005930.KS) is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc (AAPL.O), a survey showed, in an ominous sign for the South Korean giant as Apple readies to launch its next-generation iPhone 6.
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check.
Advocates for the blind are debating whether to use a carrot or a stick to persuade one of their oldest allies, Apple Inc, to close an emerging digital divide in mobile technology.
Drew Chadwick is set to face the spotlight alone without the company of the other singers with him from Emblem3. He was reportedly exited the group last June 20 as he wanted to have a huge break and right now, he covets to search for his own "mark" in the music industry.
Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to a statement emailed to Reuters on Wednesday.
Technology and telecoms firms could be the big winners in a connected car market that may be worth $50 billion over the next decade, luring investors away from traditional automakers.
U.S. businesses' burgeoning demand for data and video is fueling a revival in fiber optic services, an industry once decimated by overbuilding during the dotcom era.
Google Inc (GOOGL.O) (GOOG.O), whose Androidsoftware reigns as the world's dominant smartphone operating system, will step up efforts to make inroads into cars, televisions and other devices at its annual developer conference this week, sources familiar with the matter said.
