GoPro misses revenue targets on sluggish sales, marketing mistakes

GoPro Inc has announced quarterly results below the market forecast as the demand for new cameras has been sluggish in the market. Recently launched wearable cameras haven't been received well by the market.


Despite growth in lending, UK mortgage approvals dive down

Contrary to economists' expectations, the number of approvals in UK mortgages suddenly dropped in September for the first time in the past four months. The mortgages rose significantly in August indicating the highest level since early 2014.

GM promises UAW $1.9 billion for US operations, 3,300 union jobs

General Motors promised The United Auto Workers union a $1.9-billion investment in US operations that would add 3,300 union jobs in the country under a proposed four-year contract.

Brazil evicts families for 2016 Olympic Games; GOC Briefs National Federation Presidents for upcoming games

Housing advocacy groups claim that local governments in Brazil are using the Olympics to defend forced evictions and segregation in Rio de Janeiro. In addition, the Ghana Olympic Committee has held a meeting with National Federation Presidents to prepare towards the2016 Games.


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There are new enhancements in Google Photos, including better app performance, face matching features, and it can also allow users to hide photos of specific people.
Apple and Irish band U2 collaborated on a 360-degree U2 music video produced by Vrse App, a platform for original VR content. The U2's "Song for Someone" music video is Apple's first experiment in mixing VR and music videos.
The first share sale made by an Indian airline in six years has gone on to receive bids that were 6 times more than the $460 million target set by the company. The company that held an IPO was InterGlobe Aviation Ltd., an air transportation services company with headquarters in Gurgaon, India.
Gold prices are at their lowest in three weeks after the Federal Open Market Committee announced that they won't push through with the interest rates hike.
Team messaging app Slack is launching new feature on group chat. The new feature makes a user in a group to be able to break into a private discussion with up to eight people, nine including the user.
Samsung Electronics announces the Samsung Galaxy View, an 18.6-inches tablet. This new product is designed to sit between a tablet and TV. But with its 18.6-inch large display, Samsung Galaxy View is less of a tablet and more of a portable touch TV.
Fiat Chrysler Automobiles (FCA), the Italian-US automobile company being the parent company of Ferrari, floated to the public 17.18 million shares accounting for nearly 10% of Ferrari at $52 a share at its IPO at the NYSE.
Singapore-based Biosensors International Group announces that the company has received an offer for an acquisition from a Chinese private equity fund, Citic Private Equity Funds Management Co., for an undisclosed amount.
UK's performance in the third quarter further slowed down. The gross domestic product (GDP) growth rate in July-September quarter was at 0.6 percent lower than 0.7 percent in the previous quarter.
Walgreens Boots Alliance Inc agreed to acquire Rite Aid Corp for $17.2 billion in cash to further expand the company's role in the distribution of medications in the U.S.
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