United States

Energy, healthcare triggers Wall Street gains; Nasdaq 100 hits 15-year high

US Stocks went up across sectors Monday largely due to the increases in the energy sector and the growing acquisition activities in healthcare. Reuters reported that the increases on the first trading day of November happened right after the impressive October figure, which is the best monthly performance of the major indexes in the last four years.


iPad Pro to hit the shelves next week

At Apple's iPhone 6 launch on 9th September, Apple also unveiled its iPad Pro, a 12.9inch wonder gadget described as the most capable and powerful iPad ever created making it a most wonderful gift this Christmas.

HTC releases Virtual Reality headset, but would take 3-5 years to take off

HTC Vive will release its virtual reality headset later this year, but only in limited qualities and it will take three to five years before it goes mainstream.

Fiat Chrysler Recalls 900,000 Vehicles all over the world for airbag deploying without a crash

Fiat Chrysler is taking responsibility and recalled some 900,000 vehicles all over the world due to chronic airbag problems. According to NBC News, the giant car maker issued a recall on Friday for about 316,000 2003 Jeep Liberty and 2004 Jeep Grand Cherokee models.


Latest News

Snapchat rolls out another new feature that will allow users to use slow-motion, fast-forward, and rewind to their videos. It is called "Speed Modifiers". Users can update to the new feature for free and it is available for both Android and iOS.
The U.S. space agency NASA claimed that the mass gain for Antarctic ice is greater than the loss suffered from melting. The latest study of NASA doesn't deny that ice mass in Antarctica is melting at an increased rate as a result of global warming but suggests ice mass gains outweigh the losses.
Amazon.com is finally no longer selling Apple TV or other streaming devices like Google's Chromecast to boost sales of its own Fire TV box and Fire TV Stick units. The company's plan to discontinue selling competing product was first announced earlier in October.
The mortgage processing software company Ellie Mae Inc., showed a better-than-expected result on the company's third-quarter financial report, beating expectations. Ellie Mae's revenue jumped 61% to $68.9 million, beating the analysts expectations of 46% growth. The company's shares rose by 5.84% in the past week and 8.13% for the last 4 weeks.
For the first time in history, the FDA has approved the medical use of a virus to treat people with cancer - specifically those suffering from skin cancer, or melanoma. The announcement was made through a news release by the U.S. Food and Drug Administration on October 27, stating that Melanoma is the most widespread form of cancer in the country and will be responsible for the deaths of 10,000 people by the end of 2015.
The second quarter for Japanese automobile majors is expected to be positive as the sales surged in the US market. Toyota Motor Corp, Nissan Motor Co and Honda Motor Co. registered a rise in sales volume in the North American market during July to September. Investors are closely monitoring the forecasts about vehicle sales to ascertain the possible outcome from the third quarter results. The US and China markets account for one-third of global sales for the top three Japanese automobile companies. The rise in US sales and weaker Yen may add to profits for the Japanese automobile majors during the quarter.
The Federal Reserve is implementing new rule especially in a bid to strengthen the global financial institutions. According to the proposal, all banks that operate in the US will be able to go down smoothly without causing too much collateral damage to the public.
Cloud storage is getting lots of attention recently as more companies shifting their data storage to cloud storage rather than physical storage. Due to high demand in the area, ClearSky Data, a company focusing on managing a hybrid data-management solution was awarded a $27 million worth of investment to expand its operation.
A task force charged with recommending rules for registering recreational drones or unmanned aerial vehicles convenes this Tuesday. The group composed of more than 20 people will be holding meetings until November 5.
Technology has changed a global education with a MOOC (Massive Open Online Course). As the name suggests, it creates massive change in education around the world through an online course. It made a disruption in traditional college credential and created a new gold-class industry sector called EdTech, or Educational Technology.
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