It's estimated that savings of Americans for retirement is at a whopping $17 billion per annum. But is it in the safe hands. The conflicted financial advice is costing the US citizens billions of dollars.

Gone is the excitement among Apple Watch users as they cannot install the watchOS 2 on their devices this coming Wednesday. Apple announced that there will be a delay in the release of the much-awaited software because of the bug forcing them to pull out the software update, as reported by Tech Times.

Apple Inc. is preparing the electric car code-named Titan to be shipped in 2019. In fact, the company had already hired 1800 experts to its development team. According to the Wall Street Journal, the Project Titan had been tripled its team to 1800 members by now. Apple is pushing the project as it targets 2019 for the shipment of the electric car. The report said the company has no plans to make the car fully autonomous on its initial launch, though the driverless car is still part of the plan.

The massive expansion of fiber optic broadband (FOB) in Johannesburg and other up markets in South Africa is paving the way for video on demand (VoD) services. Many companies with offers of internet video streaming services are making a beeline to explore the untapped market in the most developed economy in African continent. It's learnt that US major in streaming video services is also entering the market.

Volvo Group, along with three tech universities, had come up with an automated robot that would discreetly enter the garage and collect the trash. The project was named ROAR.

Brazil is to detach its internet connection with U.S., Telebras CEO Jorge Bittar said. A submarine cable with over 30 tbps will be installed from Lisbon to Fortaleza. This would boost Internet speed with Europe in 2017.

Fujifilm released a new instant camera with better feature aiming to get customers excited about instant camera back. The manufacturer still believes that instant camera have a market even after Polaroid had decided to ditch the market back in 2008. With a price tag of only $130, the manufacturer hopes that this camera will bring back the intimacy in a photo.

Close on the heels of his US tour, China President Xi Jinping said Chinese government doesn't hack commercial secrets nor it supports Chinese companies engaged in such activity. In an interview with Wall Street Journal (WSJ), Xi Jinping further said that whether governments or companies, whoever involved in cyber theft should be punished according to the law. China and the US are equally concerned about the cybersecurity. Jinping seeks the cooperation from the US to check cyber espionage. The cyber crime will be a major point for discussion during the meeting between Obama and Jinping.

Recently, Apple has been having problems with the iOS download leaving iPhone devices to crash and Apple fans deeply frustrated. Some were lucky enough to get the new operating system, but others were unfortunate.

Oil prices rose following the indications that stockpiles are declining and drop in drilling activity. The global oil benchmark Brent was up three percent as expectations that less drilling may reduce future oil production and inventories as well. Gasoline futures also surged on renewed demand. US crude's front-month rose 4.5 percent or $2 to end at $46.68 a barrel. Brent rose 3.1 percent and closed at $48.92/barrel. It's learnt that US drillers have called off drilling activity for the past three weeks. It's estimated that the US crude production may drop by 250,000 barrels per day (bpd) the second and fourth quarters this year.