The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burden of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.
Regions
New upgraded Theta S Camera to be launched in October with better 360° capture, more convenient size
Ricoh's new, upgraded Theta S camera will be launched next month with a better quality 360° photo capability and a more convenient size. Ricoh launched its small, stick-shaped 360° Theta camera in 2013. It can take spherical photos and videos.
Sony's Project Morpheus is now officially PlayStation VR
Sony announced the change of name their game device from Project Morpheus to PlayStation VR as it enables players to feel like they are physically inside the game's virtual world. Sony has decided to change the name of its device Project Morpheus to PlayStation VR. The announcement was made at the Tokyo Game Show tweeting out as well the news from the official PlayStation Twitter account, Wired reported.
Brazilian PE firm 3G Capital eyes SAB Miller
Brazilian private equity (PE) major 3G Capital is mulling over a possible buyout of SAB Miller, maker of Miller, through its AnheuserBusch InBev, maker of Budweiser. Paving way for a major consolidation in the beer industry as the world's largest brewer AnheuserBusch InBev is bidding for SAB Miller, the second largest brewer. If the deal is successful, it'll be one of the top-6 global corporate takeovers in the history.
Qualcomm introduces Quick Charge 3.0; it could charge phones from 0 to 80% in 35 minutes
Qualcomm announced Quick Charge 3.0. It is a 'next-generation' charger that promises to charge smart phones from 0 to 80% by 35 minutes. The charger will be available alongside Snapdragon processors next year.
Latest News
The five-year restructuring plan proposed for ailing Caribbean island Puerto Rico has become a center of criticism from economists, who question that who shall benefit from this debt deal. Economists argue that the debt plan overstated the financial requirements of the island.
Tap tap tap, the tech company that developed the third-party $3 Camera+, launched a free version of that revolutionary camera app September 10.
There is more to saving than just trying not to spend and keeping money. It is an art that should be studied, practiced, and mastered.
Oil Prices increased Wednesday, but Shell is not expecting a recovery anytime soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.
Facebook CEO, Mark Zuckerberg, said on Tuesday at Townhall Q&A session that he's working out on a button that would express empathy over sad posts on Facebook.
Venezuelan telecom sector is reeling under pressure as it lacks additional funds availability, the physical currency of dollars. The cash-strapped telecom companies are unable to strengthen their networks. The soaring inflation doesn't allow them to raise a tariff.
The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in the labor market in low-income jobs is giving much-needed support to the US Fed.
The china's economy slowdown is likely to continue for next three years, predict real-estate developers. The robust growth has led cities to emerge as major infrastructure built up ones. There's opportunity in smaller cities though they can't offer the kind of growth witnessed in cities like Beijing and Shanghai.
European Central Bank may expand quantitative easing program as the inflation is hovering at near zero level of 01. percent for August. ECB Vice-President also indicated that QE program may be widened further.
