Report says Toyota transferring U.S. sales group to Texas

Is Texas the true "model of success?" Latest potential news could solidify the Lone Star State as the economic hub of the United States. According to Automotive News, unnamed sources close to the situation say that Toyota Motor Sales U.S.A. is transferring its sales and marketing … [Read more...]

Crowdfunded Bluetooth sunglasses “Tzukuris” to use Apple’s (AAPL) iBeacon technology

Perhaps seeking to beat Apple Inc. (NASDAQ:AAPL) to the punch with wearable tech based on the iOS mobile platform, Tzukuri announced today that it will soon be crowdfunding a range of iBeacon sunglasses for the high-tech surfer and sunbathing set. Though it is unclear as to whether … [Read more...]

Apple Inc. (AAPL) plans West Coast theme to OS X names – OS X Redwood and OS X Grizzly possible

Having exhausted the names of big, glamorous, predatory cats to attach to the latest iterations of its operating system, Apple Inc. (NASDAQ:AAPL) has turned to California landmarks and beasts for its next set of OS X titles. The first of these, OS X Mavericks, is already in use, … [Read more...]

Federal Reserve likely to continue QE taper citing improved economy

This week, members of the Federal Open Market Committee (FOMC), including Federal Reserve Chair Janet Yellen, will hold a meeting over its monetary policy initiative. Experts suggest the Fed is signalling that it will continue with further tapering of its monthly bond-buying … [Read more...]

Twitter makes creating an account and connecting with your friends even easier

Twitter Inc. (NYSE:TWTR) wants users to stay with the micro-blogging site by introducing smarter and more efficient ways for signing up. The process started taking place last week, so time will tell if it achieves Twitter's initial goals. This comes shortly after Twitter recently gave … [Read more...]

Nevada financial watchdog issues investor guidance on bitcoin, virtual currencies

Over the past several months, federal governments and central banks have issued warnings notifying consumers about the dangers and risks associated with investing in bitcoin. Now it seems there are states that are following the same route and publishing their own cryptocurrency … [Read more...]

Analysts continue to mull reasons behind Apple’s (AAPL) 7-for-1 stock split

Apple Inc. (NASDAQ:AAPL) raised many questions with its decision to carry out a 7-for-1 stock split this June, a plan announced during the conference call following the company's Q2 2014 earnings report. The mechanics of the split are clear enough. On that date, each shareholder of … [Read more...]

Facebook’s newly released FB Newswire feed becomes more intuitive

Facebook Inc. (NASDAQ:FB) is making its newsfeed even more intuitive. This might be something Twitter Inc. (NYSE:TWTR) and Google should keep in mind, as least in terms of rising competition in the news feed space. Even though some reports have shown young people (such as teens) … [Read more...]

Bitcoin cannot be accepted as payment for alcohol in the State of Ohio

In the months and years to come, experts project that state governments would be implementing rules and regulations pertaining to bitcoin. New York is on the verge of installing bitcoin licenses (PDF), while more states have been issuing investor alerts (as we reported Monday … [Read more...]

Data suggest Apple Inc. (NASDAQ:AAPL) may launch their own payment system

Apple Inc. (NASDAQ:AAPL) is once again the subject of speculation about whether or not an iOS-based mobile payment system is in the works. On the one hand, Apple already has a database of over 800 million credit cards and a robust payment and security system in its iTunes store, and … [Read more...]

Federal Reserve data: Americans have more than $850 billion in credit card debt

Despite the total amount of credit card debt decreasing since the Great Recession, Americans are still drowning in it and addicted to credit. According to economic data published by the Federal Reserve, credit card debt totals nearly $850 billion – it dropped by $2.4 billion in … [Read more...]

Apple Inc. (AAPL) views Vietnam as a new growth opportunity

Apple Inc. (NASDAQ:AAPL) expressed considerable interest in the Vietnamese market in its conference call to investors this Wednesday, highlighting an unexpected growth opportunity for the American electronics firm. A technically communist country which nevertheless now allows a form … [Read more...]

Facebook announces partnership with Storyful to create real-time news feed, FB Newswire

Facebook Inc. (NASDAQ:FB) has announced a new co-operation with Storyful to create a page of real time news that will rival Twitter and Reddits' stranglehold on live commentary of breaking news. The page called FB Newswire is going to be open to the general public, but is primarily … [Read more...]

Twitter and Yahoo join forces to target the Japanese market

In a surprising move Twitter Inc. (NYSE:TWTR) has announced it is going to partner with Yahoo on the Japanese market in order to make its suite of self-serve advertising products available there. The plan is for Yahoo to become a reseller for Twitter to small and medium sized … [Read more...]

BOXX Tech attacks Apple Inc.’s (AAPL) Mac Pro in web page and video

BOXX Tech, a PC workstation company, has launched a biting criticism of Apple Inc.'s (NASDAQ:AAPL) Mac Pro in general and the Final Cut Pro X operating system in particular. This two-pronged “attack ad” offensive calls out the Mac Pro in both written and video formats, drawing … [Read more...]

Hackers mined bitcoins using Iowa State University servers

The IT staff at Iowa State University discovered that its servers had been hacked and compromised the names, birthdates and social security numbers of approximately 30,000 students. Another nearly 20,000 students had their university identifications breached. According to a letter … [Read more...]

Facebook CFO David Ebersman will be replaced with David Wehner Zynga’s former CFO

Facebook Inc. (NASDAQ:FB) will lose its CFO, David Ebersman, at the end of this year. He will be replaced by Zynga's former CFO, David Wehner. Nonetheless, Ebersman will be leaving Facebook with good will as the company first quarter sales pummeled all estimates. In fact, Facebook … [Read more...]

Report: Revenue from bitcoin must be declared to French authorities

In most nations to date, governments have announced that bitcoin would be subjected to tax, even though most states have not identified the peer-to-peer decentralized digital currency as a legitimate form of money. The same can be found in France, where the Ministry of Economy and … [Read more...]

Apple Inc. (AAPL) patent application describes sci-fi mid-air image projection system

A patent application from Apple Inc. (NASDAQ:AAPL) was published today by the U.S. Patent & Trademark Office (USPTO), and describes a 3D mid-air image projection system straight out of science fiction. Countless sci-fi films, starting perhaps with "Star Wars," have included … [Read more...]

Legalized marijuana adding much-needed revenue into state coffers

Green with envy? This past January, the states of Colorado and Washington legalized the sale of marijuana designed for both medicinal and recreational usage. The two states permit licensed shops to sell marijuana to anyone over the age of 21. The change has caused tremendous … [Read more...]