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.
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Online Dating: The Use of Online Dating Services Is Increasing, According to Recent Research
A recent research shows that there is a significant increase in the use of online dating services, especially via mobile dating apps. There are also significant increases in two particular age groups, which is young adults and older adults between the age of 55-64 years old. Personal safety remains a major issue for online daters, but most still believe that the method is more efficient and help them find a better match.
Did TSMC just clinch an exclusive deal with Apple over iPhone 7 processor?
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.
AT&T to Test 5G Network By The End of This Year
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.
JP Morgan's CEO purchase $26 million worth of his own company's shares
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.
Latest News
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.
