Playing down the threat to his business from the world's most valuable company, the founder of music streaming service Spotify said the industry was big enough for several players and his firm did not have to be number one.
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Intel Capital allocates $125 million to fund firms with women and minorities in top roles
Intel Capital, the venture capital arm of the global chip maker- Intel Corp, on Tuesday announced to allocate $125 million fund to back companies with women and minorities in leadership roles. This comes after its pledge in January to spend to $300 million over the next five years to promote diversity in the company.
New Xbox One Matte Black Console Offers 1TB Of Storage
Microsoft corp will be showing off its latest offerings at the Xbox E3 show next week. In what could be a preview of the things to come, the company yesterday unveiled Xbox One console, with a new matte finish and 1TB of on-board storage space.
Virgin Atlantic could expand fleet in deal to replaces 747s
Virgin Atlantic [VA.UL] plans to decide within six months on how to replace seven Boeing 747s it flies from London’s Gatwick airport, and could expand its overall fleet in the process, the British airline’s chief executive said Thursday.
Oil slips, rally cut short by dollar and Greek worry
Crude oil prices fell on Thursday as players took profits from the past two days of gains, turning bearish after the dollar's rise against the euro on Greek debt worries weighed on demand for commodities.
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The New Zealand dollar slumped 2.5 percent against the U.S. dollar on Thursday, hitting a five-year low after the Reserve Bank of New Zealand surprised some by cutting interest rates and flagging the chance of more easing.
The popularity and impact of 3D printers is growing rapidly - be it in the automobile sector, medicine, food, and more. Cars, rockets, a baby's skull, and even guns have been created using this technology. With its endless usage there seems to be nothing that it can't help create. And now the technology is being used to create fabric.
Electronics giant Sony Corp's sophisticated image sensors are being used by top smartphone makers Apple Inc and Samsung Electronics to build their products. The image sensors has turned out to be Sony's top-selling product, giving a boost to the company's ailing financial health.
Facebook Messenger app has surpassed the 1 billion download mark via Google Play store. Google apps are the only other apps to surpass this mark, TechCrunch reported.
Apple Inc said it was driving vehicles around the world to collect data that will be used to improve Apple Maps. The company has given driving locations on its website for June 15-30 which include Ireland, England and several cites in the United States.
When construction of four 6.5 billion euro toll roads across Greece resumed last year, Greek and foreign businesses rejoiced.
The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and a looming rise in U.S. interest rates.
U.S. stocks jumped on Wednesday, helped by gains in technology and financial shares and optimism that Greece may be closer to reaching a deal with creditors.
Vehicle sales in China fell for a second straight month in May, the first such consecutive drop since late 2011, highlighting the weakness in the world's second biggest economy.
