It appears that a supergiant gas field was recently discovered in an Egyptian coast by an Italian oil group called 'Eni'. According to a recent report by Telegraph, "a supergiant gas field holding the equivalent of 5.5 billion barrels of oil has been discovered off the coast of Egypt, the largest ever find in the Mediterranean."
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Oil price up 27% in just 3 sessions; OPEC agrees on a fair price deal
The oil price surged to one-month high at $47.31 a barrel on New York Mercantile Exchange (NYME). Oil futures reached $48.09 indicating its highest since 31 July. The rebound in oil prices was mainly due to two factors.
Two Harvard graduates make it easier to choose the right health plan thru data analysis
Two Harvard graduates, through their website, solve the challenge of choosing the right health plan in a labyrinth of health insurance coverage, rules, and companies.
Japan inflation weakens consumer purchasing power in July
Japan's economy continues to decline. Inflation rate and household spending crawled in July. This is according to data that was released onFriday that will possibly add pressure on the central bank to raise its barrage of monetary stimulus.
The Internet of Things is worth $7T market opportunity - IDC
Internet of Things (IoT) is poised to become a $7-trillion market over next five years on the most conservative basis and 50 billion new connections during the same period. Some other project the mobile wallet industry will be worth $14.4-trillion market in the near future.
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Facebook gives Apple, Google, and other companies providing users with virtual assistants a run for their money. The company has launched M, a digital helper that makes use of artificial intelligence and human knowledge.
YouTube has officially launched its gaming hub, where gamers can post game plays and commentary. It is also a platform for live-streaming.
Mark and Britnee Johnston spent a whole year's vacation leave days or two weeks on a trip to Vietnam. It was their first long trip as a couple and as they toured the small Asian country and talked to other travellers, two weeks of travel suddenly didn't seem enough. Mark said that they felt unsatisfied thinking that they have to wait another year to have another vacation again.
No more square photos! Previously, there were fewer options when uploading photos on Instagram but its latest update, available on both iOS and Android platforms, will allow users to show off an entire photo even if it's not square-shaped.
It has been nine months since OPEC made a choice to abandon its production target unalterable and pursue market share rather than trying to prop up prices, the group is now faced with a set of complicated issues and decisions going forward.
Whether Brazilians like it or not they are again headed for their worst economic crisis. The government reported Friday that the country's gross domestic product (GDP) had plunged 1.9% in Q2 alone and once again putting the nation into a technical recession.
Twitter announced Thursday Music on Vine designed for iOS and Android that would make it easier for users to discover and create their own music through the short-form video sharing app.
Creating a new milestone, the largest social media platform Facebook recorded one billion people accessing its website in a single day for the first time.
Intel Capital had invested $60M in China-based drone manufacturer Yuneec International Co. to produce drones that would help the industry in the future. The chipset company also invested on Airware and PrecisionHawk.
