Will Rupert Murdoch dominate the media landscape in the near future? Maybe. Time Warner rejected an $80 billion takeover offer from Rupert Murdoch’s 21st Century Fox and confirmed that it has no other interest in speaking with the media entertainment juggernaut. It was noted that … [Read more...]
Apple (AAPL) supplier Foxconn gears up to start iPhone 6 production next week
Apple's (NASDAQ:AAPL) primary supplier of finished iPhones, Foxconn of Taiwan and mainland China, is said to be on the verge of starting mass production of the 4.7 inch version of the iPhone 6 this coming week. Though this information is only a rumor, it is a plausible one given that … [Read more...]
Russia makes $32 billion dollars of Cuba’s outstanding debt disappear
Are Moscow and Havana becoming strong allies again? It does indeed appear so. Russia has officially eliminated approximately $32 billion of Cuba’s outstanding debt, which dates back decades ago when the country received it from the Soviet Union. Cuba will still be required to pay … [Read more...]
Dogs are no long “just pets”, insurers cash in on pet insurance
If you have ever owned a pet then you will understand first-hand the costs that are associated with taking your dog and/or cat to the veterinarian. The costs have become so enormous that families can spend up to $200 on a checkup and $600 for a simple teeth cleaning. In order to tap … [Read more...]
Susan Wagner, experienced investment executive, joins Apple (AAPL) Board of Directors
A second woman has found her way onto Apple's formerly all-male board of directors. Apple Inc. (NASDAQ:AAPL) announced today, marking the continued advance of a more inclusive workplace that focuses on talents and qualifications rather than matters of sex, gender, or race. Susan … [Read more...]
New virtual currency INNCoin is backed by gold and ready to take down bitcoin
Libertarian critics of bitcoin have often stated that the reason why peer-to-peer decentralized virtual currencies do not work is because they are not backed by anything tangible, like gold or silver. Instead, bitcoins and litecoins, peercoins and dogecoins, are only supported by a … [Read more...]
Grover Norquist calls Internet taxes an ‘awful idea’
Washington lawmakers are now debating two sets of legislation: one bill would renew the Internet sales tax initiative that politicians have been attempting to pass for nearly two years now, while the other bill would prohibit state and local governments from charging an Internet … [Read more...]
Apple Inc. (AAPL) offers $450 million settlement in ebook price fixing suit
Apple Inc. (NASDAQ:AAPL) is seeking to settle the ebook price fixing suit against it with a payment of $450 million, a lower sum than the $840 million sought but still a hefty sum by any measure. If this amount is finalized in the legal processes that follow, consumers will receive … [Read more...]
June Scorecard: U.S. home sales soar 18.6%, real estate experts fear growing bubble
The overall United States housing market appears to be rebounding from its historical collapse a few years ago, but some real estate and financial experts say that it’s simply roaring back up into a bubble akin to the subprime meltdown. The administration, meanwhile, points to its … [Read more...]
Apple Inc. (AAPL) tries to sell 1 million iPhones in India by September 2014
The fiscal year of Apple Inc. (NASDAQ:AAPL) runs from October of one year to September of the next, meaning that the Cupertino electronics titan's current fiscal year began in October 2013 and will terminate at the end of September 2014. According to information reported on Patently … [Read more...]
ING economist urges bitcoin protocol to include central bank elements
Bitcoins and other peer-to-peer virtual currencies are popular due to a lack of a central power. Over the years, a large amount of people have become discontent with the destructive policies of central banks that have hurt national currencies and the overall economy. This is why … [Read more...]
Allergic rashes caused by Apple (AAPL) iPad, dermatologists claim
The journal "Pediatrics" published a piece by Dr. Sharon Jacob and another dermatologist on Monday, containing the claim that nickel in the outer shell of Apple (NASDAQ:AAPL) iPads causes allergic skin rash in susceptible individuals. The study, Medical Xpress reports, details the … [Read more...]
World Gold Council thinks now is ‘prime opportunity’ to buy gold: mid-year report
Throughout late last year and earlier this year, numerous financial institutions and market analysts forecast gold to significantly dip to anywhere from $900 to $1,100. For instance, Goldman Sachs projected the yellow metal to drop to $1,050 an ounce because the United States economy … [Read more...]
BMW plans to recall 1.6 million cars globally amid airbag worries
BMW is scheduled to become the latest automaker to perform a series of recalls internationally. The German vehicle manufacturer issued a statement Wednesday in which it announced that it plans to recall approximately 1.6 million automobiles worldwide in order to replace passenger-side … [Read more...]
LinkedIn co-founder Reid Hoffman declares bitcoin as part of his investment plan
Speaking in an interview with CNBC on Monday, Reid Hoffman, co-founder of LinkedIn and an early investor of Facebook, stated that the peer-to-peer decentralized digital currency bitcoin is a part of his five-year investment plan, an enthusiastic investment endorsement for the virtual … [Read more...]
There may be three different iWatch models on the way from Apple (AAPL)
Bold claims were made today by the Economic Daily, a Taiwanese news service, that Apple Inc. (NASDAQ:AAPL) is not only on course for a Q3 2014 iWatch retail release, but that three models of the new form factor will be available immediately upon the smartwatch's launch. As reported by … [Read more...]
German government turning to typewriter for protection from NSA
It’s likely that anyone born in the 1980s has probably never used a typewriter before. Prior to personal computers and word processing programs, the typewriter was the device to use for any type of writing task, though there are still remote parts of the world that use the typewriter. … [Read more...]
YouTube mulling spending millions in Hollywood for premium content
Since launching nearly a decade ago, YouTube has gone through a series of modifications. One change that is being considered is to potentially partner with Hollywood and independent producers and fund premium content to be featured front and center on the video-sharing website, … [Read more...]
USPTO rejects Apple Inc’s (AAPL) Touch ID trademark application
Apple Inc.'s (NASDAQ:AAPL) dealings with the United States Patent & Trademark Office, or USPTO, are usually as smooth and predictable as well-oiled clockwork. Two months ago, however, Apple suffered a notable setback when its trademark application for "Touch ID" was rejected out of … [Read more...]
36 percent of licensed drivers in grades 10 to 12 admitted to texting while driving
No matter how many laws are enforced, no matter how many public service announcements are put on television or on YouTube, no matter how many deaths transpire, texting while driving is still a common thing for motorists to do, whether they’re driving on the highway or at a standstill … [Read more...]
