Apple is rumored to have selected Taiwan Semiconductor Manufacturing Company as its sole manufacturer of the processor chip for iPhone 7. This puts Samsung, its other chip maker, out of the equation. TSMC is now all set to roll production for the superior A10 chips in June.

Zimbabwe suffers a massive disaster in the form of drought which has hit immensely on the entire country. The Vice president Emmerson Mnangagwa has appealed for $1.5bn aid from the local businesses and charities to save more than a quarter of his population from extreme water scarcity.

Tesla has release it's Summon software update that will allow users of its Model S to remotely park their cars. The technology will also increase the safety for the driver.

Following Verizon, AT&T announced on Friday to conduct field test of 5G network by the end of this year. The fifth generation of mobile network will offer data transfer speed beyond current capacity in 4G network.

Jamie Dimon, chairman and chief executive officer of JP Morgan Chase & Co, spent $26 millions to buy shares of his bank on Thursday. The share purchase is translated as good sign by other investors as the shares climbed by 2 percent after the news broke out to the public.

Martin Shkreli expressed his wish to buy Kanye West’s new album. Martin is ready to pay the rapper $10 million in exchange for sole rights to "The Life of Pablo."

Soundcloud's financial report revealed that the company is experiencing significant loss in 2014, and the losses had started from several years before. The 2014 loss was due to large expenses, even though Soundcloud's revenue actually experienced a growth. The company expects to face losses for the next three years, but they are striving to plan strategies to increase income.

Although stock market instability still affects the market worldwide, but an International economist argued that it is far from upsetting American middle class. However, market volatility continued as indexes fell for five consecutive days.

Uber Technologies said that it has decided to pay $28.5 million to about 25 million riders. The settlement in these cases will allow the company to work peacefully and focus on its prospective growth.

Walgreens has threatened to pull out of partnership with Theranos following the notice the latter received from the federal authorities regarding deficient medical practices. The drug retailer has given a 30-day ultimatum to its partner to clear their name, or their association gets terminated.

GPS technology company Garmin announced its acquisition of DeLorme on Thursday. DeLorme is well-known for its maps and satellite communication devices, and after the acquisition, it will serve as R&D center for Garmin.

Actev Motors introduces its new product: Arrow Smart-Kart, go kart for kids. The go kart was designed by professional racecar drivers with today's technology embedded in the Smart-Kart.

Slack Technologies co-founder Stewart Butterfield is confident that the company's technology has advantages over other messengers. It is because Slack provides a team communication app to improve teamwork.

Yahoo’s planned restructuring plan had started on Wednesday, whereas 107 employees had received a written notice that after 60 days they would have to leave the office. That would be the first batch of what is expected to be a much bigger job cuts of 1,500 employees or 15 percent of the company’s workforce.

Time Inc. was interested in big data owned by Specific Media when they acquired Viant, which owns Specific Media. Apparently, Viant also owned other business units, including social network Myspace. Time Inc. will use data from Viant's business lines including Myspace to improve its advertising activities.

Pandora Media Inc has engaged Morgan Stanley to facilitate the selling itself including identifying potential buyers. Pandora has been spending heavily to attract more number of users amid increasing competition in internet radio space.

Sky Q service is now available in the UK with its new hardware and improvements, including the Ultra HD 4K video quality. However, Sky has been perceived as an expensive cost service, therefore, it needs to assure customers that their new service deserves the price.

The London property market is witnessing soaring buying activity for rental apartments ahead of new tax on home coming into effect from April 2016. The latest rush for buying is also pushing prices up.

The demand for effective public safety communications has been increased dramatically. Samsung has announced to provide the Korean Public Safety Network using LTE technology. The technology will allow people to get connected in extreme emergency situation. The PS-LTE solutions will be exhibited at the Exhibit Hall 2 Stand 2M10 during Mobile World Congress 2016.

Bernie Sanders has cashed in on his small-dollar contributors and raised almost $5.1 million in a sudden, instant fundraiser on his victory night. Without a super-PAC to cushion his campaigns, he has always managed to keep pace with competition like Hilary Clinton, who's dependent on high-dollar contribution to fill her kitty. Sanders already knows exactly what he wants to do with the influx of cash.

The present government of Canada is experiencing a series of scarcity in the budget, which could reach $90 billion over the mandate period of four years. The struggling Liberal government needs to insert a minimum of C$50 billion into Canada's fading economy to assist the nation to sustain the fall in oil prices.

Caterpillar has connected with its long-term partner, Rimco, to become the official dealer of CAT equipment to Cuba. Following loosening of some trade laws by Obama administration, Caterpillar has jumped into the scene instantly and is all poised to enter the Cuban market the moment the restrictions are off. The earth movers have been lobbying for lifting the Cuban trade embargo for a long time now.

The weakening Rupee against the US dollar and downfall on financial markets are not exceptional. The Indian currency is doing well as it's strengthening against other global currencies. Indian markets tumbled on Thursday as key indices Sensex and Nifty fell over three percent led by banking stocks.

Two prominent investors in Lyft Inc sold some shares to Saudi Arabia's Prince Al-Waleed bin Talal for $148 million. The latest deal puts Lyft's valuation at $5.5 billion from $275 million in May 2013.

Smart gardening startup Edyn announced today that it raises a $2 million seed round. The investment, led by Fenox Venture Capital, followed by other firm such as Ideabulb Ventures and also some angel investors

Hoverboard blamed for destroying a $1 million worth home that fumed to ashes in Tennessee. The incident took place in the evening on 9th January, 2016. The fire destroyed the 4000 plus square foot home.

Leigh Steinberg, the legend in sport agent, teamed up with Alpha Strategies for investment in tech startups. Steinberg has raised $50 million for investment fund.

Three out of five Aussies considers emoji as the universal language for messaging. OPPO Mobile Australia has released Aussie Emoji Keyboard reflecting the spirit of Aussie culture. Primarily the keyboard features more than 40 Australian themed emojis and available only for the Android users for free in the Google Play Store.

Mitsubishi Motor Cop. announced its intention to invest nearly P4.3 billion in order to commence its production of sedan and hatchback styles of Mirage model in Philippines. The investment activity will help the company to withstand the global economic slowdown.

GM is about to roll out yet another recall program, this time affecting 47300 vehicles in North America. The leading automaker has found issues with the brake nut that could lead to failure of this vital function. This is nowhere close to the first time the company called back its cars for some fix, and seems it won't be the last either.