Ford Motor has announced on Monday that they would be exiting the Japanese and Indonesian markets by the end of this year as the governments are running a very "closed" market, protecting domestic sales over the international ones. The automaker has been unable to increase their sales or sustain profits under such circumstances. They said that the employees have already been informed and they would be providing detailed explanations regarding post-sale services like servicing and providing new car parts to its customers very soon.

Amazon will spend more than $3 billion for Amazon Prime music and video content. With a 54 million members in the U.S., Amazon Prime wants to increase customers spending to boost its revenue following a downtrend.

This new model is believed to be a cheaper and smaller version to the current iPhone 6 generations. Some physical features would follow the iPhone 6 generations, but the size would be similar to iPhone 5 generations. iPhone 5SE could be an alternative for people who would like the latest features but prefer smaller devices.

Russian ruble is decreasing and hits all-time record low against dollar last week. Starting this week, the currency started its way to recover and reach 10- day high.

Over 250,000 drone owners registered their remote-controlled aircraft during the first month of the aviation agency's online registration system. The fresh set of rules came out after pilots complained about the drones flying near them.

Virtual Reality has started to attract more developers. Game Developers Conference revealed a survey showing that more game developers are working on VR prior to the event next March.

The program aims to provide limited internet access to users, but the concept has raised concerns regarding internet neutrality. The Telecom Regulatory Authority of India has asked Facebook to discontinue the service until they provide more information on the program as requested. Facebook has responded with a campaign, but the program's ban has not yet be lifted.

Many venture capitalists like Chamath Palihapitiya prefer to park their funds in Amazon as the online retailer is forecast to grow over a decade. The reason is that it's not because of e-Commerce operations, but its cloud computing unit Amazon Web Services (AWS). Many companies will eventually pay a fixed fee to Amazon as they increasingly rely on cloud computing services to run their services.

Microsoft and Google find it difficult to follow Apple. The two companies are starting to produce their own hardware, which unfortunately are still far from what Apple has. Microsoft is criticized for its Surface Book Laptop, while Google has received hard reviews on its Google Pixel C tablet. It seems that Microsoft and Google are following Apple in the hardware business.

China's President Xi Jinping and his Iranian counterpart Hassan Rouhani enter a new era of cooperation between two countries. In their meeting on Saturday, both countries agreed to expand trade to $600 billion in the next 10 years and bilateral cooperation.