Mexico Trade 1990 Levi’s 501 Jeans in Exchange For Heroin

Levi's 5012 jeans were very famous and highly demanded globally in 1990s. They were so popular and expensive that they could be traded for heroin in Mexico at that time. These apparels were also a sign of wealth and success.


Ford Q4 earnings beat analyst forecast

Ford Motor said its fourth-quarter earnings beat Wall Street analysts' expectations and reiterated 2016 pre-tax profit forecast to be identical to or greater than the previous year.

Microsoft profits slip but top forecasts

Microsoft has revealed its quarterly earnings which have surpassed all forecasts and expectations. Its transition from PC platoform to cloud has been successsful as more and more companies are opting for this service. The leaders are quite confident about company growth and revealed their expectations from third-quarter which show some pretty optimistic numbers.

Oil rises on production cut speculation, pares losses in January

Oil prices rebounded on news that there may be production cut by OPEC. US Brent futures recouped losses by 6.8 percent and US crude pared 9.3 percent losses during the week. In overall, oil prices rebounded by over 25 percent after hitting 12-month low in January. Oil price hit $27.10 on 20 January 2016.


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Zika has appeared as a nightmare to many Latin American countries. The number of Zika infected has reached 4 million landmarks since reporting of the first case just eight months earlier. Absence of proper vaccine has made the situation much more terrible. Recently, scientists have escalated the fears revealing climate change may also contribute to the spread of Zika and other mosquito borne diseases.
Apple has been used to acquire smaller technology enterprises occasionally and is reluctant to discussing its policy or plan. This has been referred as the Apple’s usual nod for purchasing any company by the analysts. Thus the analysts confirm Apple’s Flyby Media acquisition and predict developing of iPhone headsets capable of tracking subject’s motion.
Facebook users will soon be prohibited from coordinating private firearm sales using its platform and also through Instagram. The step evokes strict policies on regulating promotional posts on unlicensed gun businesses . The new rule is only applicable for person-to-person firearm sales, licensed gun dealers will be permitted to use the social network.
Security researchers have been paid $200,000 by Google to investigate Android's bugs. Google has started the security program for all of its products since last 2010. The company has spent approximately $6 million since then.
Facebook's growth is just unstoppable. The number of the active users keeps increasing, as well as the revenue it gains. Most of the revenue is said to come from the Facebook Lite, which is usually used by users with less sophisticated mobiles. Besides that, video ad also gives many contributions as well.
The social network giant posted a strong profit. On Wednesday, Facebook reported a $1.56 billion quarterly net income in fourth quarter of 2015.
Tesla denies rumor that the electric car maker will launch two new models in March. However, the company will build a third generation platform for its vehicle to support its sedan and SUV model.
WHO on Thursday has warned for probable spread of Zika virus across the North and Central American countries. Ahead of rising concerns for Zika spreading, drug makers and scientists have commented that manufacturing of an appropriate vaccine may even require a decade. These warnings has opened a huge business potential for Oxitec, an Intrexon subsidiary. Oxitec’s gene modified mosquitoes are capable of ensuring security against Zika for large populations.
Google has been reported to conduct secret tests over drones under codename of SkyBender at Spaceport America in New Mexico. The tech giant is using 5G wireless that involves millimeter wave technology which is considered as the future of high speed data transmission technology. Though the test results have been kept secret, but the $300,000 tests bring fortune for Virgin Galactic Spaceflights, reportedly suffering from cash crunch.
At the end of the month, Chinese stocks rallied and closed higher on Friday. Despite this, Shanghai Composite Index suffered its biggest monthly fall in the past seven years. The Chinese benchmark index Shanghai Composite tumbled 22.6 percent in January and this is the biggest monthly fall since October 2008. Chinese currency Yuan was marginally moved up against the US dollar on support extended by People's Bank of China (PBOC).