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Another data theft involving Apple was reported over the weekend where some 225,000 Apple account login data were stolen. The attacks originated from a malware of a family known as KeyRaider. It was distributed widely through an alternative App Store website known as Cydia in China.
With current economic uncertainty, investors and citizens are asking whether the country will get affected by the looming global financial distress. Latest report by Business Insider shows that despites the turbulence, US economy has grown by 3.7 percent in the second quarter of 2015, and the unemployment rate fell to 5.3 percent this year compared to 6.2 percent last year.
Seven technology giants; Google, Netflix, Mozilla, Microsoft, Cisco, Intel and Amazon collaborate to work on with an open source video format that would abolish video plugins soon.
Citigroup announced that they are planning to rebuild its equity unit soon. The move is seen as a bold action by the bank considering current economic situation and the "Volcker rule" regulation which limits banks investment in such funds.
The latest projects indicating job gains in August are giving a much wider scope for US Fed rate hike speculation. According to research firms, non-farm payrolls were up 220,000 in August from 215,000 in July. Unemployment rate is also at 5.2 percent indicating near seven-and-a-half-year low.
At a time when the US construction sector is showing renewed activity, the rise in construction spending is boosting the US gross domestic product (GDP). At this juncture, home builders are upbeat on the prospects in the real estate and construction sectors as availability of loans is longer scarce.
The concerns about the future course of Viacom among its investors led the continuous drop in stock on Nasdaq. The latest watching ratings on Viacom's MTV, Nickelodeon, Spike and Comedy Central steeply fell when compared to its competitors. This has created doubts among the company's investors, who resorted to offload their holdings on Nasdaq exchange.
Reebok, the sportswear from Germany, is heading to fitness business, with its major marketing campaign "Be More Human" in Berlin, Germany with partnership from CrossFit, Les Mills and Spartan Race.
A rocky start for China stock in this new month as their stock market plunge yet again. Based on the report by CNN, Shanghai Composite index fell 4.2% at the opening bell while Shenzhen Composite index opened 5% lower at the same time.
The global stock markets turmoil in August and China's economy slowdown have impacted hedge fund mogul William Ackman, who was one of the best performers in 2014. Ackman's Pershing Square Capital Management's Pershing Square LP fund dropped 7.7 percent in August making the total gain during the year at 0.06 percent flat growth.
LVMH Moet Hennessy Louis Vuitton, a French luxury fashion conglomerate was reported to have hired a new chief digital officer from Apple, reported by The Wall Street Journal.
Google just released the latest update of their map for both android and iOS platform. The latest update will give a more personalized restaurant recommendation to the user in the 'Explore' feature of the map.
Many young investors are buying stocks and opening accounts regardless of market volatility. Moreover, stock trading apps such as Robinhood have already become popular among young investors and are enabling them to double up as investors as well.
Tanium is a systems management and security startup founded by father and son David and Orion Hindawi respectively. The two were also the minds behind BigFix, a company bought by IBM for $400 in 2010.
Congressman Alan Grayson requested a memo that would lead to higher Social Security benefit increases and improve the retirement security of the elderly. The Congressman came up with a proposed legislation called "Seniors Deserve a Raise Act." It would give recipients of Social Security an increase that offsets the 40-year shortfall and make the CPI-E permanent. It will be filed when the Congress reconvenes.
Global markets these days have become more and more unpredictable with the US and Chinese stocks' consistent historical upswings and plunges in the past few months. To make things worse, the oil price has hit a six and a half year low. The condition can finally be compared to the days right after the 9/11 attacks.
Recent prediction reveals that starting salaries of professional roles could have a 4.1% increase next year. The 2016 Salary Guides from Robert Half shows that among the five fields tracked the expected salary for professional roles could increase on average by that rate in 2016, with the technology sector to gain higher pay grades in its 5.3% expected increase base pay.
The economic development of Spain is proving that the euro zone was tackling its crisis well, according to the German Finance Minister Wolfgang Schaeuble on Tuesday. "Spain is the best example that we've done a lot of things quite right in Europe," Schaeuble said at a business conference in Berlin, adding that he was optimistic about Spain's future development as long as Madrid stuck to its reform policies.
The new 2016 Kia Sportage SUV is "bold" with a progressive style that lets it stay out in the leading edge of the industry. Kia is determined to stay in front of everyone else when it comes to progressive style with its unveiling of the new Sportage. The sports utility vehicle will be introduced at the Frankfurt Motor Show next week.
The holdings by rest of the world in UK stock market in 2014 stood at 54 percent and this remains at the same level of that in 2012. However, there's much increase in foreign investors' holding when compared with 31 percent in 1998.
Newscred announced that it had successfully raised $42 million in additional funds. The company was established in 2008, which acted as a system for readers to rate an online story or publication's credibility.
Google announced that the third generation Learning Thermostat has recently updated its looks and features although it retains some characteristics from its first and second generation thermostats, such as automatically turning itself on when you get home.
Starting October 6, McDonalds will start serving breakfast the whole day on all their US branches. On Tuesday, all restaurant operators have given their votes to make the move.
As part of its objective to promote industrial and business activity, Florida County has offered incentives to Blue Origin to make and launch rockets near NASA's Kennedy Space Center. Blue Origin has been promoted by billionaire Jeff Bezos, founder and Chief Executive of Amazon.com. The space center is coming up in Brevard County.
Wikipedia once again began cracking down on both editors and contributors who are violating its guidelines. The editors of the site banned 381 accounts for charging or accepting money for their contributions, without the disclosure of information, which Wikipedia calls "undisclosed paid advocacy."
After suffering an excruciating computer glitch that caused pricing problems, Bank of New York Mellon Corp's calculating system seem to be back to normal now.
CBS Sports announced a new feature that allows viewers to watch live NFL games on its portable device, which indicates that it is trying to enter the fast-growing internet market.
The US construction sector recorded an encouraging spending of $1.08 trillion, a 0.7 percent monthly growth, indicating a seven-year high. The July data from the US Commerce Department has not only boosted the market sentiment but also gave an indication of robust economic activity in the third quarter.
Chinese stocks recovered from sharp losses after a roller-coaster ride Wednesday. The benchmark Shanghai Composite Index had dropped 4%, before settling at 3,160.17, 0.2% down from the previous close.
A new joint venture had been announced Tuesday between Bild tabloid publisher Axel Springer and Korean electronics group Samsung, for mobile media including news.
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