The Bank of England (BoE) has hinted at another delay in raising interest rates, despite two months after claiming the central bank would start hiking rates beginning in spring. The BoE cited lower inflation levels for Great Britain, a trend that will continue for another three … [Read more...]
Apple Inc. and Alibaba to Discuss Business Alliance
Alibaba group holding limited is a Chinese e-commerce multinational company formed back in 1999. Apart from handling business to business, costumer to costumer, and business to costumer sales services via web portals, it also provides electronic clouding, search engine services and … [Read more...]
President Obama Urges Greater Net Neutrality Rules
United States President Barack Obama is in China this week, but the White House still released a written statement and a video of the Commander in Chief calling for heightened net neutrality rules, a divisive issue on the Internet. The president urged the Federal Communications … [Read more...]
12 Top Holiday Scams, Don’t be the Next Sucker
Christmas is more than a month away, but that hasn't stopped retailers from ramping up their holiday sales and scattering decorations all over their stores. Also, it hasn't prevented cyber criminals from moving forward with their data breaches, scams and security infiltration … [Read more...]
Russia Ends Currency Controls for Rubles
Is the Russian Federation on the brink of a recession and financial crisis that could send one of the superpowers tumbling? Officials within Moscow may think so as the Kremlin and central bank continue to reduce economic forecasts, abandon currency controls and foresee sanctions … [Read more...]
Texas Man Charged in First Ever Bitcoin Ponzi Scheme
A McKinney, Texas man who operated Bitcoin Savings & Trust (BCS&T) was charged with defrauding his clients Thursday in a case that attorneys say is the very first bitcoin Ponzi scheme that has been brought forward as a federal criminal securities case. Trendon Shavers, who … [Read more...]
410 Black Market Websites Shut Down
The Federal Bureau of Investigation, United States Department of Homeland Security, U.S. Immigration and Europol shut down 410 hidden web domains, while also arresting 17 suspects and seizing approximately $1 million worth of bitcoin. This was part of a collaborative international … [Read more...]
Apple Inc.’s Deal with GTAT Looking Up or Not…
After a lot of headlines, market buss, speculations and controversies things have things finally taken a turn for the better or not? Apple Inc. (NASDAQ:AAPL) made a deal with GTAT Advance technologies back in 2013. GTAT Advance Technologies produce advanced materials and innovative … [Read more...]
ECB’s Mario Draghi Hints at Further Stimulus
European Central Bank (ECB) president Mario Draghi may be igniting further stimulus if the eurozone economies and markets signal that they need greater easing, cheap money and lower interest rates. Draghi told reporters at a news conference Thursday that the door is open for … [Read more...]
Amazon Prime Now Includes Unlimited Photo Storage
Amazon is caving into the high demand for cloud storage, something that is being embraced by consumers, corporations and websites all over the world because the data can be accessed anywhere in the world and be edited and viewed at anytime. The online retail juggernaut announced … [Read more...]
Rolls-Royce, Scotiabank & Sprint Layoff Thousands
The recession may be officially over, but for the tens of thousands of American, British and Canadian workers still being laid off a few years after the economic collapse, financial havoc is still being imposed upon the labor force as companies continue to downsize and reduce their … [Read more...]
AT&T Pricing Gets More Competitive with ‘Next 24’
AT&T (NYSE:T) continues to ramp up its competitive pricing models ahead of the holiday season. During the AT&T Consumer Industry Analyst Conference, the wireless carrier unveiled "Next 24," a measure that spreads the number of installments for a new smartphone over a course … [Read more...]
Dish Network Profits Decline as Pay-TV Subscribers Flee
Dish Network announced in its quarterly results Tuesday that its third-quarter profits declined sharply as the television provider continued to lose subscribers to other competitors, particularly when it comes to streaming services, like Netflix. According to the company's figures, … [Read more...]
Retailers Staying Open All Night for Gray Thursday (Black Friday)
If you didn't think the holiday shopping season was a fierce, competitive battle between retailers all over the United States then one glance at the growing Gray Thursday trend will open your eyes. More retailers announced their intentions for Thanksgiving Day, a time when … [Read more...]
Canada Set for Ecommerce Explosion
It has been acknowledged for quite a while now that Canadians have been slow to adopt many of the shopping practices of their neighbors to the south. As millions of American consumers have used ecommerce, mobile shopping and in-store pickup for years now, Canadians are only slowly … [Read more...]
U.S. Consumer Spending Slides, Savings Rate Gets a Boost
Are United States consumers taking a reprieve from spending or are they just biding their time for the busy holiday season just around the corner? This question comes as new data suggests spending is down, while savings is up. The Department of Commerce released a new report Friday … [Read more...]
Reddit New Crowdfunding Platform Redditmade Has Potential
Reddit, the popular social network and news sharing community, has announced that it has launched its own crowdfunding platform, Redditmade, a new portal that can allow moderators to establish projects within its subreddit communities and give Redditors the opportunity to contribute … [Read more...]
Time Warner Cable Lost 184,000 Subscribers in 3rd Quarter
Consumers are continuing to cut the cord and head to the Internet for their content needs. Time Warner Cable (NYSE:TWX), the No. 2 cable company in the United States, announced its third-quarter results Thursday in which it reported a decline in video subscribers as they sought out … [Read more...]
U.S. Launches Lawsuit Against AT&T Over ‘Data Throttling’
The United States government's Federal Trade Commission (FTC) has filed a lawsuit against AT&T over allegations that the telecommunications giant sold consumers unlimited data plans but would later reduce the Internet speeds once the customer exceeded a certain amount of … [Read more...]
Lowe’s Hires Robots as Sales Reps for Holiday Season
The term robot first appeared in a 1920 Czech science-fiction play entitled "R.U.R." The play is about a factory that produces autonomous robots that look exactly like humans. At first, they are pleased to serve humanity, but as times goes by, they become rebellious and attempt to … [Read more...]
