After a massive guesswork, the company declared a new sensible remedy for its shoppers. The clothing line J. Crew announced the opening of a low cost shop, J. Crew Mercantile, the first in a row of the company's retail sites which will attempt to rally trades between the budget-conscious bargain hunters.
United States
Apple takes 92 percent of global smartphone earnings despite selling only 20 percent of total handsets
Apple, Inc. took a 92 percent share of the profits of the entire smartphone industry in the first quarter of 2015. This is despite the fact that Apple's iPhones only accounted for less than 20 percent of all phones sold within that period.
Twitter confirms purported Bloomberg story is false
A report claiming that Twitter Inc (TWTR.N) received an offer to be acquired for $31 billion attributed to Bloomberg LP is fake, Twitter and a spokesman for the news and financial data provider said on Tuesday.
Weak U.S. retail sales hint at slower economic growth
U.S. retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, raising concerns the economy was slowing again.
WPX Energy to enter Permian basin with $2.35 billion deal
Oil and gas producer WPX Energy Inc (WPX.N) said it would acquire privately held RKI Exploration & Production LLC [REPI.UL] for $2.35 billion, the latest in a series of deals brought on by a steep drop in crude prices.
Latest News
Alcatel's most recent flagship smartphone, the OneTouch Idol 3 is set to receive its very first and big performance update soon. Alcatel OneTouch Idol 3 is deemed to be a solid contender for OnePlus One.
Google's android update has been equipped with several new features taking the smart watches further up on the value chain. Android wear watches update is available with Moto 360, LG G Watch R, Samsung Gear Live, Sony Smart watch, etc. The rolling out of android wear update is being expanded gradually to other devices.
Battery life has always been one of the strongest points of the Motorola Droid Turbo. At 3900mAh, it can last up to 28 days on standby and two days with careful use. The fact that it comes with a 5.2-inch AMOLED display and quad-core Snapdragon 805 processor and charges rapidly with the unique Turbo Charger gives it even more edge over pricier competition. However, after installing the latest update, Droid Turbo users have begun complaining.
The US Office of Personnel Management's 21.5M stolen data could compromise the lives of individuals directlyand indirectly connected to the US government. The hack stole security information, backgrounds and filed fingerprints that could potentially reveal identities of US secret agents around the world. OPM director's resignation could be a justified move but it hardly offers solution to the crisis.
Fitness and food tracker apps MyFitnessPal and Endomondo have started sharing content with one another, several months after both companies were acquired by sports apparel and fitness technology maker Under Armour in a deal worth $560 million.
In an unremitting bid to personalize the entire facebooking experience to billions of Facebook users, world's most popular social network giant has updated its news feed.
Asus unveiled new models of its ZenPad Series tablet last month, the ZenPad S 8.0 including a 7-inch, 8-inch and 10.1-inch models. And now you can have them at Best Buy for $199.99 with 8-inch and $99.99 with 7-inch model.
Apple Extends iCloud Service Subscription For 30 Days Free To Greek Customers Due To Monetary Crisis
Apple is now compromising a free 30-day extension for paying iCloud subscribers in Greece without added cost. This is Apple's way to avoid downgrading and intermission of services to its Greek customers who are presently not capable of paying monthly fees due to control procedures proposed in the country.
Steve Huffman, Reddit's previous CEO and co-founder, is replacing Ellen Pao as the CEO after Pao resigned due to the escalating tension after a chain of conflict and issues between the top management and subreddits that has brought chaos on its online community. On the other hand, Pao will still stay at Reddit as an advisor.
