North America
First NBC and State Investors to extend merger agreement to December
First NBC Bank Holding Company and State Investors Bancorp, Inc. announced on August 27 that they will extend their merger agreement to December 31 this year.
High market volatility forces investors turn to cash, gold
The stock markets last week witnessed shifting of priorities to gold and money markets funds as high volatility make equity markets uncertain following the steep fall of over nine percent on Chinese market on opening day of the week Monday. This has led to record outflows from equity funds during the week.
The Internet of Things is worth $7T market opportunity - IDC
Internet of Things (IoT) is poised to become a $7-trillion market over next five years on the most conservative basis and 50 billion new connections during the same period. Some other project the mobile wallet industry will be worth $14.4-trillion market in the near future.
September 9 Apple Event may bring out a revamped Apple TV and the iPhone 6S
Apple recently announced its iPhone launch, which will be on September 9 at San Francisco's Bill Graham Civic Auditorium. There are reports that Apple will unveil an enhanced Apple TV and iPhone 6s.