Global electronics giant LG Electronics has prepared a growth strategy of launching new devices to boost sales volume for mobile division from the fourth quarter onwards. With a short gap after launching G4, LG has already unveiled V10 smart phone.
Sectors
Will China impose a punitive tax on forex trades?
At a time when, Chinese currency Yuan seems to be stabilizing in the foreign exchange (forex) market, the indications from the government about imposing a Tobin tax, a punitive levy, on forex transactions aimed at reducing trading in currency. After the unexpected devaluation of Yuan by 1.9 percent on 11 August, the Chinese currency fell further and recently started coming back into stabilization mode.At a time when, Chinese currency Yuan seems to be stabilizing in the foreign exchange (forex) market, the indications from the government about imposing a Tobin tax, a punitive levy, on forex transactions aimed at reducing trading in currency. After the unexpected devaluation of Yuan by 1.9 percent on 11 August, the Chinese currency fell further and recently started coming back into stabilization mode.
What is wrong with Peeple: New app faces strong resistance
Peeple, an app dubbed as "Yelp for people" will be launched soon. It is an application that allows you to rate just about everyone you know. More and more people are petitioning to ban the people-rating app.
Users can now use a video as profile photo on Facebook
Facebook introduces a new way to spice up your profile and to enjoy more of the platform. You will be able to film a short, looping video, necessarily a GIF, which plays for anyone who views your profile.
Boeing 777 propels Emirates Airlines' growth
The long-haul aircraft requirement of Dubai for positioning itself as a major global hub in the Middle East (ME) Region has been mostly fulfilled by Boeing. Dubai-based Emirates Airlines is banking on Boeing 777 as its top priority and followed by Airbus A380. Emirates Airlines has emerged as the largest airline in the world operating both aircrafts. Emirates Airline has been working on its business strategy to transform Dubai into a global hub in the Region. It aims at becoming an unavoidable destination for passengers from Asia to Europe and the US. This makes the requirement of long-haul aircraft for the Emirates Airlines.
Latest News
The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.
Google invited some media personnel to introduce the prototype of the first Google self-driving car. Sergey Brin said they're looking for expert car makers in the industry to build the car.
Considering the adverse conditions being faced by the Brazilian oil and gas company, Petroleo Brasileiro Petrobras' price estimate has been revised down to $7.41 a share from $10.80.
The Federal Aviation Administration estimated around 1 million drones will be sold for Christmas this year. And it worries national authorities that it might cause accidents as many of them do not have the proper training to operate UAVs.
A lot of companies has been releasing new gadgets and update this past few months and Samsung is not far behind with their latest Smartwatch, the Gear S2. Samsung announced on Wednesday that the new Gear S2 Smartwatch will be available for the US customers starting on October 2nd.
Good news to Aussie Facebook lovers. Nearby Friends, a feature from Facebook can now be used by our mates in Down Under to locate their friends along the neighborhood or vice versa.
Twitter is planning some improvements to grow its users and encourage posts. One of the plans includes taking off the 140-character restrictions. Twitter management wants to revamp the micro-blogging site. One feature they wanted to improve is the 140-character post limit. Though Twitter keeps mum about it, the news from Re / Code said it comes from a very reliable source.
Just a few weeks after releasing the latest iOS update the iOS 9, Apple released an upgrade to the latest Mac operating system, the OS X El Capitan. The latest upgrade contains many new feature that users have been waiting for including an important security update since cyber-attack is on the rise lately.
Of late, Japan has been facing a different situation albeit rough weather in the international diplomacy. Japanese Prime Minister Abe Shinzo didn't (couldn't) meet Barack Obama, the US President, this week at the 70th year founding celebrations of the United Nations (UN) held in New York. However, the list of dignitaries that Abe met included Vladimir Putin, Russian President, and Park Geun-hye, South Korea President. Abe participated in a number of meetings and met several important global leaders on the sidelines of the UN celebrations.
