“The Sweet Josephine” pink diamond sold for $28.55 million at Geneva auction

A 16.08 carat rare pink diamond sold for more than $28.55 million (28.73 million Swiss francs) at Christie's Geneva Magnificent Jewel sale. The largest cushion shaped vivid pink diamond in the auction was purchased by a Chinese client based in Hongkong. The private buyer dubbed the diamond as "The Sweet Josephine".


Google's Machine Learning Software: TensorFlow, Goes Open Source

Artificial Intelligence seems to be working great for the tech giants including Google, Facebook & Apple who are working hard these days to get the best outcome.

Alibaba shadowed Black Friday and Cyber Monday with $9.3 billion in the first 90 minutes

Many brands are emerging around the globe with prices almost touching the sky. It is a well-known fact that majority of the population goes for sales day to get hold of their favorite products primarily from their favorite brands. The trend of online shopping is immensely popular and if a sale is announced online for 24 hours, with 90% of the prominent brands participating, it will turn the day into a momentous shopping spree gala.

Ericsson and Cisco pool resources to earn $1 billion each

Ericsson and Cisco make a merger-like deal, but really isn't to face rapidly changing global market and earn up to $1 billion for each company by 2018. Fortune reported that European gear mobile communication manufacturer Ericsson and Silicon Valley Internet gear giant Cisco went into a partnership that is focused on future networks that will help manage the cross-selling for the companies' end-to-end portfolio.


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Social media is not just a communicating platform for local people but also for world-known celebrities and public figures who consistently post their thoughts over certain arguments. On Monday, White house launched a personal facebook account for Barack Obama to use in order to communicate his message over climate change through nontraditional channels, as reported by Reuters.
The US and Japan governments have made it clear that there wouldn't be re-opening a Pacific trade deal and further stated that any such attempt would further damage the whole pact.
The US Energy Information Administration (EIA) has lowered outlook for the US crude production in 2016. EIA has reduced the forecast for 2016 by one percent in the US oil production.
The GPU-centric company Nvidia announced a new developer module called Jetson TX1 with an emphasis on machine learning to equip boards, drones, robotics, and other devices. The piece of machine learning hardware is described to be the size of a credit card.
Hit by its emission-scandal, Volkswagen is lagging behind in the global automobile market, while auto sales are encouraging picking up mostly in the US. The German auto giant is facing adverse conditions in the automobile market globally after the emission norms scandal broke. The company is struggling to get back angry dealers to business mode to prevent further loss.
As the November 22 presidential election is fast approaching, the economic inflation of 35 percent a year is one of the major issues that the next president of Argentina will have to face.
When the demand is high, Uber uses surge pricing, which charges extra for a ride to a user's destination. But it's experts say that the higher price can be easily avoided with the new research to prove it.
German automobile giant Volkswagen is changing gears to lead the organization on damage control path to appease its angry customers. The image of Volkswagen has severely been damaged on the fallout of its attempt to cheat customers and the US government over emission standards.
General Electric Co. and Alstom have won contracts from India's state owned rail company worth a combined of $5.6 billion to supply and service diesel locomotives as the country works to modernise its infrastructure. The contracts are also the biggest deal to be awarded by India to foreign firms.
Blackberry, a global leader in mobile communications, confirmed that its first ever smartphone powered by Android PRIV is now commercially available at AT&T retailers in North America including carrier partners in Canada i.e. Bell, Rogers, SeskTel, Tellus and Wind.
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