North America
US Senate expands Department of Homeland Security powers after data breach
Senators from both the Republican and Democrat sides of the US Senate have come together to enact legislation that will enhance the powers of the US Department of Homeland Security in order to protect government Internet addresses.
Bank of America CFO exits in management shake-up
Bank of America has restructured its top managerial positions. The latest major shuffle witnessed the departure of the bank's CFO Bruce Thompson and retirement of executive David Darnell, who has been with the bank for over 35 years and will retire in the fourth quarter as vice-chairman.
YouTube hires former MTV exec Susanne Daniels to create original content
Online video sharing, YouTube, announced that they hired MTV’s former president of programming, Susanne Daniels, as vice president to YouTube Originals. Basically, the target is to generate more original online programs on the website.
Apple Watch: Setting the tone for smartwatch market
The much awaited launch of Apple Watch is believed to be a success despite the absence of official data pertaining to its sales. According to research firm Strategy Analytics, Apple Watch has secured 75% market share in the global smart watch segment as the estimated shipment was at four million units during the second quarter of 2015.