Verizon Communications Inc. is considering to sell parts of its enterprise which could be worth as much as $10 billion. The company plans to focus on its core business.
United States
Nvidia clocks 42% growth in EPS in Q3
Nasdaq-listed Nvidia Corp has posted earnings per share (EPS) of 44 cents registering a 42 percent growth from previous year's 31 cents during the third quarter ending October 2015.
Two Fed officials say rate hike likely next month
There is a possibility of an interest rate hike next month, according to two senior officials of the Federal Reserve. Speaking before the House Financial Services Committee during a hearing on financial regulation, Fed Chairperson Janet Yellen said the economy had been growing at a pretty good clip, an indication it might be time to raise short-term interest rates.
Toshiba intends to offload $7B US gas commitment
Amidst a major accounting scandal, Japanese electronics major Toshiba is in the process of offloading its $7.4 billion (GBP4.87billion) commitment on US liquefied natural gas (LNG) imports.
Customers accuse Starbucks it "hates Jesus" for plain red holiday cups
Starbuck's new holiday cups are back for the Christmas celebration. However, instead of having Christmas symbol doodles, it has a simple red ombré design. This offends a lot of costumers, who accused the giant coffee shop that they "hate Jesus."
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Corn mazes and pumpkin patches provide additional revenue and interest on farms across West Virginia when harvest time has long past. But other agritourism opportunities exist, as a group of West Virginia producers found out during a four-month class that culminated in a two-day bus tour to Virginia and North Carolina this spring.
Faraday Future comes as a new challenger for Tesla in building electric car. The Chinese-backed startup company has invested $1 billion to build factory in America. Other than electric car, Faraday Futures also prepares "rolling smartphone" as a different business model in automotive industry.
Twitter Inc has replaced its star-shaped favorite icon with a heart shaped icon called "like". This is the latest effort by the Twitter team to make Twitter more engaging and attractive.
US consumers can now buy or lease the Mirai, Toyota's first fuel cell car that runs by combining hydrogen and oxygen to produce electricity. Since it runs on water, its only output is also water, which is clean enough to drink.
Best Buy will hold a one day in-store-only pre-Black Friday event on Saturday, offering exciting brands including Samsung, Sony TVs, PlayStation 4, Xbox, and Apple products. Gotta Be Mobile has reported that the sale would be held in 400 locations and buyers can save $70 up to $1,200 on their favorite tech brands. The event will be in a four hour window from 1 p.m. to 5p.m. local time.
Facebook hires software engineer Lior Gonnen, the founder and chief executive of Android news app Roundup. Venture Beat reported Facebook brought Gonnen in at their Menlo Park, Californian headquarters.
The Justice Department launched an investigation on drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co for alleged over pricing. The Wall Street Journal reported that the US Attorney's office in Eastern District of Pennsylvania, along with the Justice Department's civil division set a probe on Merck, Eli Lilly, and Valeant on how these drug makers calculate and report their product pricing to the government medical rebate program.
UGG has been marked as one of the leading brands to the shoe fashion market. Recently, it has come up with another of the upgraded idea, which is strongly anticipated to 'win' winters this year.
Google has launched a new feature that has the capability to automatically reply to your emails on your behalf. The latest feature named Smart Reply by the Google team uses artificial intelligence to scan the email, understand what it says and come up with three short answers for it. The user can then select one of those three answers and send it as a reply to that particular email with a single tap.
