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Is Digital Age Burying the Advertising Industry?

On May 12 at the 4A’s annual conference in 1994, Ed Artzt, the CEO of Procter & Gamble, America’s biggest advertiser, delivered a sensational speech that is still buzzing in the advertising industry’s corners today. The lionized speech that was rendered much before the internet took over, cautioned of a time in the future where [...]

William C. Dudley

Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to undertake a few more measures to fix their corporate culture that breeds misdeeds or acclimatize to being broken up. Dudley roughed out a few ideas at a workshop on Monday attended [...]

Mozilla Firefox Hello

Mozilla Rolls Out A New Browser-Based Video Chat Service Firefox Hello

Mozilla, the maker of popular Firefox browser has a brand new feature coming very soon. It’s gearing up to take on services like Skype and Viber with a new browser-based video and voice chat feature called Firefox Hello. The new software is still in beta stage and is scheduled to get its public rollout in [...]

The Grid Screengrab

You’re living in the Future if Websites can Design Themselves

The thesaurus really needs to consider adding one expression – ‘building a website’ equals ‘a labyrinthine task’ to keep a track of our emotions and millions of tears that were shed by amateur site owners. The world of web development now looks a little grim, doesn’t it? The good side of this torturous territory is that [...]

OnePlus Smartphone

OnePlus One pre-orders to kickoff on October 27 – but only for an hour

The OnePlus One smartphone from OnePlus has mesmerized gadget enthusiasts since early this year, primarily for two reasons: the high-end handset has a ridiculously low price tag and secondly the handset can only be purchased through invite. But that’s all about to change as the OnePlus One will be within reach of everyone starting next week. According to an announcement from [...]

Warren Buffett

Warren Buffett could possibly lose $1 billion as IBM Stocks Tumble

This come just after Warren Buffet admitted to having made a “huge mistake” by buying a near four percent stake in Tesco PLC. The plunge in IBM’s shares on Monday has left Buffett’s Berkshire Hathaway, the latest company with a 7 percent stake in the technology giant, to possibly lose over $1 billion. Buffett, of [...]

Samsung Chromebook 2

Samsung Unveils Chromebook 2 With Intel Celeron Processor

On Friday, Samsung announced a revamped version of its budget Chromebook 2 laptop, with an improved chipset on board that promises to keep loyal Samsung fans intact. Earlier this year, Samsung launched the Chromebook 2 with an Exynos 5 Octa SoC and the new variant features an Intel processor, the Celeron N2840. The company is taking [...]

Philips Headquarters in Amsterdam

Philips Posts Losses of $142.82 million

Dutch technology giant Philips has reported a loss of 104 million euro ($142.82 million) at its third-quarter earnings call, chiefly because of the expensive infringement lawsuit against American medical technology company Masimo and the abating markets in China and Russia. Chief executive officer, Frans van Houten, took the opportunity to express his general disatisfaction stemming [...]

Microsoft Keynote at BUILD 2014

Microsoft may unveil a smartwatch within the next few weeks

According to a Forbes report, Microsoft’s foray into the wearable tech market is imminent and the software giant is getting ready to launch a wearable device in the coming few weeks. Forbes reported that the new smart watch will have health-tracking capabilities, including a heart-rate monitor. The fitness band will reportedly be capable of working [...]

IBM Corporate Headquarters in Armonk.

IBM to pay $1.5bn to Hive off failing Chip Division

International Business Machines Corp. (IBM) has agreed to pay Globalfoundries Inc. $1.5 billion to split off its loss-making semiconductor unit, as indicated by two individuals familiar with the matter. IBM will likewise get assets worth $200 million, taking off the net estimation of the transaction at $1.3 billion, said the individuals who asked to remain anonymous. [...]

Mitsubishi Aircraft Corp.

Japan Rolls Out First Passenger Jet in 50 Years

Japan showed off its first passenger jet today after a hold-up of about four years, with some assistance from bullet train experts as it plans for test flights a year from now. Mitsubishi Aircraft Corp. unveiled the regional jet to the general public in Nagoya after three hold-ups as clients including ANA Holdings Inc. and [...]

A Family Dollar store in Charlotte.

Activist Investor Elliott Nominates Directors at Family Dollar

Paul Singer’s Elliott Advisors Ltd. revealed a 4.9 percent stake in Family Dollar Stores Inc., and is pushing America’s second largest retailer to sell to Dollar General Corp., a scenario quite similar to the Carl Icahn scene that happened recently. According to a statement yesterday, Elliott encouraged the opinion by assigning seven directors. A revitalized [...]

Whisper App Secretly Tracks User Location And Stores Posts In Database

Whisper App Secretly Tracks User Location And Stores Posts In Database, Guardian Reports

Whisper, a social media start-up based in Southern California that allows users to anonymously post some of their deepest and darkest secrets, may not be all that secret after all. In a new report from The Guardian, Whisper is accused of regularly tracking its users’ whereabouts even if they have opted out of that feature. [...]

Yara International

CF Indusries and Yara International Call off Merger Discussions

On Friday, two of the biggest fertilizers companies in the world, ended merger talks, after both the companies couldn’t mutually agree on terms. The deal is the latest to join the ranks of unsuccessful mergers that fell apart in the midst of precarious markets and inquiries concerning alleged inversion deals. CF Industries Holdings Inc., based [...]

(Image: FBI Director James Comey)

FBI Director Warns Against Cellphone Encryption Technology, Says Encryption Hurts Law Enforcement

Recent news that both Google Inc and Apple Inc providing default smart device encryption for their respective mobile devices has the intelligence community on edge. U.S. FBI Director James Comey on Thursday demanded that Congress should pass a law banning the use of default encryption, arguing that law enforcement efforts to crack murder cases could [...]

Helman Sitohang

Credit Suisse Reshuffles Top Management at its Investment Banking Division

Zürich, Switzerland-based multinational financial services holding company, Credit Suisse Group on Friday announced that it has commenced reshuffling top management of its investment banking business as well as its Asia-Pacific operations. In the official statement the bank further revealed that it had named entitled Jim Amine, 55 and Tim O’hara, 50 to join co-head of [...]

Starbucks

Starbucks to roll out “Pay-Ahead” Smartphone service in 2015

Starbucks, one of the largest coffee chains in the world, announced on Thursday that it plans to introduce a new feature which will let its customers across the country order ahead of time on their smartphones by 2015. The Seattle-based company stated that it will pilot the feature in Portland in the coming months, before [...]

Facebook creates 'Safety Check,’ a tool to connect with family during natural disasters

Facebook creates ‘Safety Check,’ a tool to connect with family during natural disasters

One of the first things that often happen when a natural disaster occurs is the total breakdown in communication. People desperately try to ascertain the location of loved ones and any service which helps them in their quest can only be of benefit. Facebook has added a new feature that allows users notify friends and [...]

Will.i.am launches the Puls, a sensor-packed wearable fashion line

Will.i.am launches the Puls, a sensor-packed wearable fashion line

The latest wearable device is not coming from a tech company but rather from the award-winning musician and tech entrepreneur Will.i.am. During the Salesforce’s Dreamforce conference on Wednesday afternoon in San Francisco, Will.i.am launched Puls; a massive app-infused watch that he hopes will be successful enough to bring him some tech-industry credibility. “This is not [...]