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Yelp CEO announces departure of Chairman Max Levchin

Crowdsourced business review site Yelp took a double whammy as its chairman filed his resignation after the company's stock plunged 28 per cent for the second quarter of 2015.


Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?

The creditworthiness of the world's largest economy seems to be drenched as US treasury has stopped issuing further debt citing reasons for reaching the borrowing ceiling.

Amazon offers Amazon Dash for $5 to Premium customers

The Amazon Dash, the dongle you can stick anywhere in your household for quick and convenient ordering, is now on sale exclusively for Amazon Premium customers only. Amazon will charge $5 for each.

Facebook posts Q2 gains, but expenses worry investors; shares rise, fall

Facebook has met nearly all expectations for the second quarter, yet shares fell soon after the release of its earnings report.


Latest News

Minimum wage increase has been a lingering issue in most economies. Part of the battle is determining its effects; however, shortly after Seattle began implementing $15 per hour minimum wage, a new study emerged focusing on increased product prices.
Victoria's Secret, the leading lingerie brand dominating the 35% of the market is losing $9 billion opportunity for missing out plus-sized underwear in the line.
The 40-year record high of US dollar against some major currencies is ringing alarm bells for another currency crisis. The ongoing situation could also trigger for another round of crash in the emerging markets. The world is more integrated now than in those days of 1980s and 1990s that witnessed major currency crisis.
Studies and experts show that contents will be the core of internet marketing in the future while accompanying strategies are also essential.
Nevsat Aydin, the co-founder and CEO of Yemeksepeti, an online delivery website in Turkey, shared $27M of revenue to its 114 employees after Delivery Hero acquired the company in May.
Popular news-reading app Flipboard has raised $50 million from a sole investor to boost manpower and infrastructure, reports say.
Ending the long wait, Procter & Gamble Co's (P&G) senior official David Taylor is set to become the new Chief Executive Officer (CEO) replacing A.G. Lafley. The new appointment is expected to be announced on Thursday.
A family of treasure hunters found $1 million worth of Spanish gold coins. The shipwreck was identified as the Capitana, a cargo fleet that sank 300 years ago due to a hurricane passing through Florida going to Havana carrying loads of fortune.
Twitter released Tuesday its second quarter financial results, and while they met Wall Street expectations they were not impressive enough for investors.
ESPN, the top sports network on cable, could be sold as standalone to its subscribers in the future, but not so soon. Analysts say that it would be too expensive to watch ESPN shows if it would be sold on standalone.
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