Economy

Scott Stringer talks about Airbnb

Scott Stringer talks about Airbnb

Airbnb.com, an apartment-sharing website, offers people from New York, who have their own houses or apartments, an opportunity to earn extra money by renting their places on weekend.

SanDisk Shares fall about 14% in Heavy Trading

SanDisk Shares fall about 14% in Heavy Trading

Memory chips and flash storage maker SanDisk Corp informed that the company expects fourth-quarter revenue to be lower than its earlier forecast.

BitStamp resumes operations after going Offline Due to Security Breach

BitStamp resumes operations after going Offline Due to Security Breach

BitStamp, one of the largest exchanges for the digital bitcoin currency said that it is resuming its operations after it went offline because of security breach.

Customers spent nearly $500 million on iOS apps and in-app Purchases in first week of 2015

Customers spent nearly $500 million on iOS apps and in-app Purchases in first we

Technology major Apple has made an announcement that customers spent nearly US$500 million on iOS apps and in-app purchases in the first week of this year.

Morgan Stanley fires one of its Financial Advisers for Stealing Client Data

Morgan Stanley fires one of its Financial Advisers for Stealing Client Data

On Monday, Morgan Stanley revealed that it has fired a financial adviser who was accused of stealing information of about 350,000 clients of the firm's wealth management division.

Euro falls to Lowest in Nine Years against Dollar

Euro falls to Lowest in Nine Years against Dollar

The euro weakened to almost nine years low against the dollar amid concerns that Greece will make an exit from the European Union. Dollar gained 1.5% and the yen rose 1.6%.

Amazon adds 10 million customers to Amazon Prime

Amazon adds 10 million customers to Amazon Prime

Amazon has announced that 10 million subscribers have joined Amazon Prime membership service costing $99 per year.

After Ruble crisis, Russia facing downgrade risk

After Ruble crisis, Russia facing downgrade risk

Russian currency faced major trouble last week as the volatility left the central bank with no option but to increase the interest rates.

Interesting Stories

Government Issues Advisory on Palcohol

The Alcohol Beverages Control Commission has issued an advisory two days after Palcohol, a powered alcohol received approval.

Palcohol on Thursday received approval from a federal regulatory agency, the Alcohol and Tobacco Tax and Trade...

Science Stories

UK Space Agency announces Plans to provide Worldwide Space-Based Internet Access

The UK Space Agency unveiled its plans on Friday to collaborate with space tech companies Clyde Space and Outernet to provide super-cheap Internet access worldwide. “It not only demonstrates a meeting of the minds on the importance of information...