YouTube is set to launch a new premium music service called YouTube Music Key. Android Police noted that since last year, there were rumors of a YouTube music service that will let users pay a monthly subscription to access its full library of music and music videos without advertising.
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Shake Shack picks JPMorgan, Morgan Stanley to lead IPO
Shake Shack, the fast-food restaurant chain that has developed a cult following for its 'Shackburgers', 'flat-top' hot dogs and eponymous shakes, has selected JPMorgan Chase & Co(JPM.N) and Morgan Stanley (MS.N) to lead a proposed initial public offering, according to people familiar with the matter.
OnBeep raises Series A funding round of $6.25M to build next generation of wearable communication devices
San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams to collaborate more fluidly in real time”.
Obama campaign manager is Uber’s new SVP for Policy and Strategy
Ride-sharing app platform company Uber announced on Tuesday the appointment of David Plouffe as its new Senior Vice President of Policy and Strategy. Plouffe is a political strategist best known as Barack Obama’s campaign manager in 2008. He also served the White House as Assistant to the President and Senior Advisor from 2011-2013.
U.S. mortgage applications rise in latest week
Applications for U.S. home mortgages rose last week as demand for refinancing increased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 1.4 percent in the week ended August 15.
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Google Inc is considering allowing online accounts for children under the age of 13 and give their parents control over how the service is used, according to media reports.
U.S. consumer prices barely rose in July as declining energy costs partially offset increases in food and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while.
Goldman Sachs (GS.N) and Libya's sovereign wealth fund are set to meet in a London court over claims the Wall Street bank exploited a position of trust by encouraging the fund to invest more than $1 billion in trades that ended up worthless.
Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.
Fitness buffs who can't make it to the gym but still want to exercise can turn to apps for a short, intense workout when they are pressed for time. The U.S. Centers for Disease Control recommend that adults do at least 150 minutes of moderate aerobic activity weekly. But recent studies suggest even short bouts of exercise can have positive health effects.
One of the world's largest online games companies, Miniclip, has hired advisers to find a buyer after previous attempts to sell it fell through, according to several sources familiar with the firm.
Community Health Systems Inc (CYH.N), one of the biggest U.S. hospital groups, said on Monday it was the victim of a cyber attack from China, resulting in the theft of Social Security numbers and other personal data belonging to 4.5 million patients.
U.S. stocks advanced on Monday, with the Dow Industrials up roughly one percent, as the threat of an escalation of tensions in Ukraine appeared to wane and the latest flurry of merger action supported equities.
Wal-Mart Stores Inc reported a 2.8 percent rise in quarterly sales, helped by higher sales at its smaller-format stores, but U.S. same-store sales failed to show growth again.
