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Updated: 13 hours 25 min ago

In Case of a Merger Jeff Bewkes the CEO of Time Warner Would Get Over $79 Million

Mon, 07/21/2014 - 13:06

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Jeff Bewkes the CEO would get $79 million or more as added payments in case there is any change in control at the Time Warner Inc. It would make him one of the top recipients among the shareholders who toughed it out during the lost decade following the ill-fated America Online Inc. merger of 2001.

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McDonald’s and Yum Stop Buying Meat Products From a Chinese Meat Supplier

Mon, 07/21/2014 - 13:03

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McDonald's Corp. and Yum! Brands Inc. stopped purchasing meat products from a meat supplier in Shanghai whereas the authorities examined accusations that which said that the company sold chicken and beef that has already crossed the date of its expiry.

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‘Supernumerary robotic fingers’ developed by MIT researchers

Mon, 07/21/2014 - 12:36

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The researchers at MIT have developed a robotic device that is worn around the wrist and provides two extra fingers next to the human pinky and thumb finger. They have named it as "supernumerary robotic fingers".

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Huawei Technologies’ sales revenue up by 19% for first half of 2014

Mon, 07/21/2014 - 12:16

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Huawei Technologies chief financial officer Cathy Meng on Monday reported that the company's sales revenue has increased by 19 % for the first half of 2014 to 135.8 billion yuan. Further, he added that the revenue and profit for the first half of 2014 are in line with company's expectations.

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SuperData: Global revenue from MMORPG subscriptions has fallen every year since 2010

Mon, 07/21/2014 - 11:35

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According to new research from SuperData, there has been a steady fall every year, since 2010, in global revenue from MMORPG subscriptions; though the fall has been counterbalanced by increase in microtransaction spending.

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Sony’s new flagship, Xperia Z2, now available in US

Mon, 07/21/2014 - 11:32

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Sony has revealed in a recent announcement that its newest handset - the Xperia Z2 - has finally hit the US market, after delays. The availability of the Xperia Z2 handset in the US comes months after the device became available for sale in other regions.

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LG G Watch – the first Android Wear device to hit the market

Sun, 07/20/2014 - 08:18

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LG's new G Watch is the first of new-generation smartwatches running Google's new wearable devices-centric software - Android Wear - to hit the market.

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Microsoft’s Executive VP Stephen Elop details the company’s overall strategy

Sun, 07/20/2014 - 08:11

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With Microsoft having recently announced record-setting layoffs of 18,000 employees over the next one year, the company's overall strategy has been detailed by its Executive VP Stephen Elop, who was the CEO of Nokia before it acquisition by Microsoft.

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Pennsylvania Turnpike speed limit being increased to 70mph

Sun, 07/20/2014 - 08:09

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The Turnpike Commission said in a Friday statement that the speed limit for the 100-mile stretch of the Pennsylvania Turnpike is being increased.

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Porn studio Kink preparing to move business to Las Vegas

Sat, 07/19/2014 - 14:07

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Fearing California's condom bill that would make it mandatory for porn stars to wear condom before performing, porn studio Kink is preparing to move some of its business out of the Golden State to Las Vegas.

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Wheat Genome That may resist Infections

Sat, 07/19/2014 - 12:53

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The first draft sequence of the bread wheat genome has been posted by an international association. Ultimately, this will lead to the improved productivity of the crop and excellent resistance to infections.

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Synchrony Financial GE’s Consumer Lending Division Sets Terms For $3.1 billion IPO

Sat, 07/19/2014 - 12:48

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On Friday Synchrony Financial announced the terms for its IPO. It is the US consumer lending division of General Electric. The company based in Stamford plans to raise $3.1 billion through an offer of 125 million shares which would be ranged at a price of $23 to $26.

Synchrony runs three main business channels.

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Almost 2000 Thousand Employees and Supporters Rally Demanding to Reinstate Ousted CEO of Market Basket

Sat, 07/19/2014 - 12:41

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On Friday morning approximately 2,000 employees and supporters of Arthur T. Demoulas, the ousted CEO of Market Basket rallied in front of the headquarters of the company in East Street, Tewksbury. Their demand was simple; it was just bringing back Arthur T. Demoulas.

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Search Of Oil With Sonic Air Cannons May Not Be Very Environment Friendly

Sat, 07/19/2014 - 12:34

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With the approval of using underwater blasts of sound to help in locating oil and gas deposits that may be lying in federal Atlantic Ocean waters the Obama administration decided to be on the side of the energy developers and not the environmentalists.

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U.S. Stocks Push Its Way Up As Earnings Overshadow Crises

Sat, 07/19/2014 - 12:26

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Enhanced results from companies like Google Inc. and Intel Corp. plus the offer for a buyout that came the way of Time Warner Inc. at $75 billion assisted the U. S. equities to move up this week. It was a much required rise for overcoming the greatest increase in volatility since last year and also in the middle of tension rising abroad.

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Geophysicists Examining North American Active Volcanoes through Electrical Sensors

Fri, 07/18/2014 - 14:04

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With the help of electrical sensors, geophysicists are assessing some of the North American active volcanoes. As per scientists, sensor system aided them to understand the procedure that carries magma from almost 50 miles under the surface of an active volcano.

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Erasing Overnight Gains, Yen Weaken Against Rivals Following News of Malaysia Jet Crash

Fri, 07/18/2014 - 11:41

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On Friday, the yen fell weak against some or the major Asian currencies as the investors started to buy rival currencies on the plunge when the yen had gained quickly due to its apparent safety in the stir of uncertain geopolitical developments.

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FedEx Accused With Charges of Drug Dealing

Fri, 07/18/2014 - 11:38

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On Thursday FedEx Corp. was charged by the Justice Department for conspiracy of distributing controlled substances and for the part that it played in transporting painkillers as well as other prescription drugs which have been sold unlawfully.

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Improvement in TB testing, treatment in Nunavut

Fri, 07/18/2014 - 10:35

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Specialists say they've discovered a remarkable approach to locate shrouded instances of tuberculosis in Canada's North, where the bacterial disease is still an imperative public wellbeing issue.

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How to keep your food safe

Fri, 07/18/2014 - 10:32

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There's a straightforward tenet to counteracting development of awful microorganisms at your seasonal barbecue which can result in your stomach problems for a considerable length of time.

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