This year, Apple is supporting the annual Hour of Code program by using all of its 468 stores all over the world as temporary classrooms teaching coding. Craig Federighi, Apple's senior vice president of software engineering, hopes to create a spark from this project among millions of children.
United States
Newell Rubbermaid and Jarden’s Plan to Merge Can Lead to Growth
Newell Rubbermaid renowned for making Parker pens and Jarden is discussing partnership deal. Once the deal gets finalized, makers of Graco baby strollers, Sharpie markers and PaperMate will collaborate along with Yankee candles, Coleman, and Mr. Coffee machines. Moreover, Newell stock is rising after the speculative news of its merger with Jarden is out.
AT&T's GigaPower Gigabit-Speed Fiber Service to be Introduced to 38 Cities
Imagine downloading a HD movie in less than 36 seconds. AT&T has announced that they will be expanding their gigabit-speed fiber Internet service, called GigaPower, to 38 more cities.
US consumer credit growth below forecast in October
Americans turned cautious in spending before the beginning of holiday season. The latest consumer spending data for October 2015 shows the slowdown in consumer credit growth. The consumer credit growth was less than forecast for the month.
Takata downplayed air bag crisis and lost major investor because of it
How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. In a statement published from Bloomberg News, Sawakami's fund manager, Takahiro Kusakari, said they could not help but feel Takata's management is not trustworthy.
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General Electric Co. terminated the agreed $3.3 billion acquisition of Sweden's Electrolux AB on its appliance business. According to The Wall Street Journal, GE was under pressure by the U.S. Justice Department, which was blocking the sale due to antitrust issues.
A news came into hearing from multiple sources that Apple has decided to introduce its next smartphone series, iPhone 6c on mid of 2016. The price of iPhone 6c is quite low, which is from $400 to $500. It is expected to have camera properties of that of iPhone 5s, with latest a9 chip and much.
A team at the University of Washington has published a study showing that it seems possible for robots to learn tasks and goals by watching and imitating human actions.
Ford recalls 450,000 Fusion, Mercury Milan midsize cars that the gasoline tanks possible can leak fuel.
Nielsen's inaugural "Comparable Metrics" report revealed that the high rate of smartphone usage is eating up our time spent on watching TVs. The people aged from 18 to 34 year, who use their phones as streaming devices have risen to 26 percentage as compared to last year.
Liquid metal particles created by researchers have shown that they can send chemotherapy drugs directly to cancerous cells and also allow doctors to find cancerous areas.
JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.
The latest review by EY reveals that as far as mergers and acquisitions are concerned, the 3rd Quarter of 2015 was dominated by deals involving the Internet of Things. Each of the deal averaging USD1.2 billion in value.
Starbucks, Walmart and dozen chain stores recalled their food product due to E. Coli contamination linked to Costco chicken sandwich case last month.
