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US Fed says it will stick with bond buying policy

The US central bank said it was going to continue its purchases of bonds worth USD 85 billion a month to keep interest rates low.


F-35 hits first ground target

The F-35 fighter jet dropped its first bomb to hit a ground target in its first delivery test. The Pentagon said F-35 fighter jet hit its first ground target in a delivery test.

Goldman Sachs' veteran leaves for Comcast

Jason Armstrong, lead analyst of Goldman Sachs, will work at Comcast to head investor relations. Goldman Sachs Group Inc. veteran Jason Armstrong is said to be leaving and would become Comcast Corp.

Twitter execs showered attention by profit seeking Wall Street firms

Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.


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PayPal's startup initiative might have been the company's way of giving back to its customers as the payment services company's growth continued to climb to astronomical heights.
Apple would be adding public transit directions in its Maps software soon. A job listing for a developer accidentally leaked Apple Inc's plans for its mapping software by mistake.
Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.
Owners of Tesla Model S cars could now drive from the Mexican border to Vancouver thanks to the Tesla Supercharger station network.
UPS' new navigation system helps drivers use less fuel. United Parcel Service Inc. (UPS), one of the world's biggest package shipping company, uses customer data, drivers, and vehicles for its new route guidance system, according to a report by Bloomberg.
Google Inc had been going to extreme lengths to keep the purpose of its new infrastructure secret. In a report by Reuters, Google Inc went to great lengths keeping its latest infrastructure project under wraps.
Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.
According to tech website VentureBeat, professional networking service LinkedIn's mobile strategy helped the company capitalize on its minimal ad spending share in digital ads.
Twitter recently changed its design to give users a more direct experience. Twitter Inc has tweaked its design last Tuesday, Oct. 29, to provide its users direct image- and vide-sharing options within its timeline, according to a report from Reuters.
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