JD Finance, JD.com subsidiary raises $1 billion

JD.com, China’s largest online direct sales company, has raised $1 billion, for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.


ANA and Japan Airline Eliminate Fuel Surcharge and Search for Alternative Fuel

As oil price continues to plunge, two Japan airlines:Air Nippon Airways (ANA) and Japan Airlines (JAL) decided to eliminate fuel surcharge. This will trim the airline tickets price substantially. Both airlines are also actively searching for alternative fuel.

Robots, Automation and Artificial Intelligence to replace Human Jobs According to The World Economic Forum

With the advancement of technologies, businesses would prefer robots or artificial intelligence as workers. However, the industries would still need growing numbers of certain skilled workers.

Spotify and Genius Collaboration: Displaying lyrics and facts on your screen

Spotify and Genius work together to provide a better and deeper music experience for their users. Fact Tracks shows lyrics, along with annotations from the community or the artist itself.


Latest News

A simple formula by an ace mathematician has managed to challenge the 'endless' claim on its slogan by the fast food giant, McDonald's
Japan's Prime Minister's focus on improving the nation's day care facilities to help women population work. This, he believes, plays a pivotal role in improving the sluggish economy as well as their ageing population.
Skype has finally announced the addition of its long-awaited feature - free group video calls. This will be available for all Android, Windows and iOS mobile phones. The application is said to support around 25 participants in a group video call.
Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.
A $2 million study relieves Uber of the blame of adding to New York traffic congestion. The study basically refutes the allegations made by Mayor de Blasio, and throws up several more findings which hints at commercial car industry needing sweeping reforms.
The 24 Hours of Nürburgring will see Toyota breaking away from its conventional ways, to enter three models in this year's Toyota Gazoo Racing. Among which, one is a cross-over machine and Toyota's next production venture.
Survey said that Southeast Asian children are 20% more active when it comes to mobile devices than U.S children, making them the most digitally engaged in the planet.
Periscope's broadcast videos can now be played directly in Twitter's app. But the change is yet to be made in Twitter's Moments.
A slate group, upholds ‘Free Harvard, Fair Harvard’ slogan to get elected for the Board of Overseers. Harvard’s total assets have reached to $37.6 billion and the group proposes to maintain the tuition fees from the income generated from its own assets. Ahead of soaring tuition costs, the slate group’s campaign has been analyzed as an electoral propaganda.
The video streaming company, Netflix prepares a huge amount of dollar for its content: $6 billion. The amount will be spent on 600 hours of original program. Netflix currently launches an aggressive global expansion which bothers many local content providers.