TikTok's owner may be readying a streaming music service

The app is already having a huge collection of short videos and clips that you can easily share with your friends. The service will cost less than $10 per month, which is in line with prices from Spotify , Apple and other music services in the USA... More..

by | Published
Trump summons Powell to discuss rates amid White House attacks on Fed
by | Tuesday, November 19, 2019

Trump summons Powell to discuss rates amid White House attacks on Fed

The Monday meeting had not been listed on Trump's public schedule. The Fed has lower charges 3 times this 12 months - partially to offset what it views as harm achieved by the Trump administration's com...More..

Lawsuit: Burger King fake meat prep violates vegan rights
by | Tuesday, November 19, 2019

Lawsuit: Burger King fake meat prep violates vegan rights

Williams bought an Impossible Whopper without mayonnaise (problematic for a vegan, with eggs among the condiment's ingredients) from a Burger King drive-thru in Atlanta because he saw no signs saying it was...More..

Ford Mustang Mach-E, BMW i4 electric sedan, Tesla reliability
by | Tuesday, November 19, 2019

Ford Mustang Mach-E, BMW i4 electric sedan, Tesla reliability

The company unveiled the Mustang Mach-E Sunday night. The Tesla Model S and Model 3 are back on Consumer Reports' good side. Each vehicle comes with a charging plug, and works with 12,000 public chargers in...More..

Chick-Fil-A Vows To Stop Donating To Anti-LGBTQ Organizations
by | Tuesday, November 19, 2019

Chick-Fil-A Vows To Stop Donating To Anti-LGBTQ Organizations

In 2018 , the company gave the FCA $1.65 million, a group that requires student leaders to sign a sexual purity statement that says homosexual acts are unacceptable to God. FOX Business' inquiries to the Fell...More..

WeWork Planning to Layoff Thousands of Employees
by | Tuesday, November 19, 2019

WeWork Planning to Layoff Thousands of Employees

In the statement published on Sunday, it said that the start-up might lay off almost 2000-2500 employees in the main office space renting business. The source added that around 1,000 maintenance workers will be...More..

Crude oil prices under pressure as OPEC fails to curb supply
by | Monday, November 18, 2019

Crude oil prices under pressure as OPEC fails to curb supply

Oil rose on Friday as comments from a top US official raised optimism for a U.S. USA energy firms this week reduced the number of oil rigs operating for a fourth week in a row. Brent crude rose above $63 for ...More..

HP rejects takeover offer from Xerox
by | Monday, November 18, 2019

HP rejects takeover offer from Xerox

What makes this deal even more interesting is that HP is worth $29 billion and it is 3 times the size of Xerox based on market cap. Xerox had offered HP shareholders US$22 per share that included US$17 in cas...More..

Oil Prices Drop Due to US- China Trade Deals
by | Monday, November 18, 2019

Oil Prices Drop Due to US- China Trade Deals

Crude production rose by 200,000 barrels per day (bpd) to a weekly record of 12.8 million bpd, the data showed. Crude oil prices gained traction during the first half of the day and the barrel of West Texas ...More..

US Supreme Court steps into Google-Oracle copyright fight
by | Monday, November 18, 2019

US Supreme Court steps into Google-Oracle copyright fight

Oracle disagrees with this interpretation and says the lines of code are a creative product. The US Supreme Court gives internet giant Google a chance to defend its position in its legal dispute with sof...More..

Aramco Sets IPO Share Price Range Between SR30-32
by | Sunday, November 17, 2019

Aramco Sets IPO Share Price Range Between SR30-32

That won't be the only record to fall if Aramco achieves the higher price: at that level, the share sale would raise just over $25 billion, making it slightly bigger than Alibaba's 2014 debut on the New York ...More..

Apple warns of risks from German law to open up mobile payments
by | Sunday, November 17, 2019

Apple warns of risks from German law to open up mobile payments

The EU's impressive anti-rely on regulator is getting a nearer look at Apple Fork out, an official reported on Friday, amid fret that the rapidly-rising and simple-to-use payment system is shutting out rivals. ...More..

OPEC+ faces
by | Sunday, November 17, 2019

OPEC+ faces "major challenge" in 2020 from competitors' surging output: IEA

OPEC kept its forecast for oil demand growth unchanged for 2019 and 2020, with overall demand breaching the 100 million b/d mark next year. "Will they maintain cuts or go deeper?" OPEC and the ten allies, w...More..

Nissan recalls more than 450,000 vehicles for fire danger
by | Sunday, November 17, 2019

Nissan recalls more than 450,000 vehicles for fire danger

Vehicles involved in the latest recall are Nissan Murano SUVs, Nissan Maxima sedans, Nissan Pathfinder SUVs, and Infiniti QX60 SUVs. Nissan says it is recalling almost 400,000 vehicles in the USA that pose ...More..

Bill Gates Tops Jeff Bezos as World’s Richest Person
by | Sunday, November 17, 2019

Bill Gates Tops Jeff Bezos as World’s Richest Person

Gates, on the other hand, may have never relinquished the top spot were it not for his philanthropy. The Microsoft co-founder had briefly topped Bezos as the world's richest man last month after Amazon's la...More..

by | Sunday, November 17, 2019

Amazon takes formal action against Microsoft’s $10B cloud contract win

President Trump has always been outspoken against Bezos, criticizing negative coverage from The Post, encouraging the paper's employees to strike, and labeling Amazon a "big tax shelter". "I'm confident it was ...More..

Instagram likes removed everywhere in worldwide test
by | Sunday, November 17, 2019

Instagram likes removed everywhere in worldwide test

Likewise, you will not be able to see how many likes others' posts have received. Only then can I see who liked my photo, and the total number of likes. Some influencers in Australia were to open to the chang...More..

Markets Right Now: S&P 500, Dow lower as tech falters
by | Sunday, November 17, 2019

Markets Right Now: S&P 500, Dow lower as tech falters

While the market has been sensitive to the swings in the trade talks, the latest speculation did not put most investors in a selling mood. Washington and Beijing have imposed tariffs on billions of dollars' w...More..

China trade war sees oil rises further above $62
by | Saturday, November 16, 2019

China trade war sees oil rises further above $62

President Donald Trump had stated that the negotiations with China were moving very positively. US crude value on the other hand, reached 63 cents, a fall of 1.1 per cent at a value of Dollars 56.61 per bar...More..

Germany: Economy Avoids Recession With Slight Growth in Third Quarter
by | Saturday, November 16, 2019

Germany: Economy Avoids Recession With Slight Growth in Third Quarter

In two consecutive quarters of economic contraction there is a technical recession. Whereas analysts assumed that there would be a contraction for the second quarter in a row, the economy managed to show anemic...More..

Traders Being Played by Ever-changing Trade Deal News
by | Saturday, November 16, 2019

Traders Being Played by Ever-changing Trade Deal News

The latest commentary from the Chinese side put hardly any emphasis on how close they are to a signing ceremony date. "The market rally has largely been driven by the positive sentiment around the trade talks...More..

UBC urges exchange students to leave Hong Kong as violent protests continue
by | Saturday, November 16, 2019

UBC urges exchange students to leave Hong Kong as violent protests continue

Footage circulating on social media showed fans roundly booing the Chinese anthem. China retains a garrison of about 10,000 soldiers in the city, but they can't operationally deploy without a request from t...More..

A non-stop 19-hour flight to Sydney has taken off from London
by | Saturday, November 16, 2019

A non-stop 19-hour flight to Sydney has taken off from London

Qantas has named the project " Project Sunrise " after the airline's double sunrise endurance flights during World War Two, which remained airborne long enough to see two sunrises. Mark Sedgwick, the preside...More..

China's main growth engines falter in October on trade frictions
by | Saturday, November 16, 2019

China's main growth engines falter in October on trade frictions

Forecasts had been for 5.4 percent. Industrial output rose 4.7% from a year earlier, versus a median estimate of 5.4%. China's investment in property development grew 10.3 percent year on year in the period...More..

Ex-Goldman CEO Lloyd Blankfein suggests 'tribalism' is in Elizabeth Warren's DNA
by | Friday, November 15, 2019

Ex-Goldman CEO Lloyd Blankfein suggests 'tribalism' is in Elizabeth Warren's DNA

The plan has proven to be controversial, largely because the media has given a lot of attention and airtime to letting those billionaires plead their case and, in some cases, cry literal tears over the idea...More..

Airtel, Voda-Idea report combined loss of ₹73,000 cr
by | Friday, November 15, 2019

Airtel, Voda-Idea report combined loss of ₹73,000 cr

Earlier on Thursday, Singapore-based Singtel posted a second-quarter loss of SGD 668 million ($491.29 million) hurt by a one-time charge recorded by Bharti. Bharti Airtel , which has also been hit hard by the S...More..

Fed's Powell Tells Congress Federal Debt Is 'Unsustainable'
by | Friday, November 15, 2019

Fed's Powell Tells Congress Federal Debt Is 'Unsustainable'

For now, in testimony before a congressional panel, Powell expressed optimism about the U.S. economy, saying that he expects it to grow at a solid pace, although it still faces risks from slower growth overse...More..

Nike calls off pilot program with Amazon
by | Friday, November 15, 2019

Nike calls off pilot program with Amazon

In addition, Amazon has continued to expand its own in-house brands, often using the success of resellers as a cue to launch its own competing products. Donahoe, the former CEO of eBay, takes over for departing...More..

USA to export more than $1bn poultry to China
by | Friday, November 15, 2019

USA to export more than $1bn poultry to China

The decision out of Beijing is effective immediately and the announcement sent shares of major US chicken processers, Sanderson Farms, Tyson Foods and Pilgrim's Pride to new highs for the year Thursday. Last mo...More..

AWS is challenging Microsoft's $10 billion JEDI contract win
by | Friday, November 15, 2019

AWS is challenging Microsoft's $10 billion JEDI contract win

It was initially believed that the contract was "gift-wrapped" for Amazon Web Services , the dominant leader in the cloud computing market. Microsoft made important strides during the year-long period the a...More..

Are you Ready for Mustang Mach-E?
by | Friday, November 15, 2019

Are you Ready for Mustang Mach-E?

A Mach-E focused forum has delivered pictures and details of the first-ever pure electric vehicle from the Blue Oval. Reaction to the announcement was understandably mixed - it didn't sit well with many criti...More..

China may issue digital currency in the next 2-3 months
by | Thursday, November 14, 2019

China may issue digital currency in the next 2-3 months

Adding that trading of digital products in the name of the PBOC are likely fraudulent. While some observers see useful validation in the world's most populous nation adopting a bitcoin-adjacent currency sys...More..

Costco says $75 coupon is 'SCAM'
by | Thursday, November 14, 2019

Costco says $75 coupon is 'SCAM'

None of the website are operated by Costco, Snopes reported, giving the pages a "scam" warning. Unsolicited electronic communications from Costco do not ask for your personal information such as username,...More..

Tesla China Model 3: Tesla Model 3, made in China, unveiled
by | Thursday, November 14, 2019

Tesla China Model 3: Tesla Model 3, made in China, unveiled

A German vehicle industry source told AFP they were relaxed about Tesla's announcement, hoping the competitor's arrival would accelerate the country's electric transition. Negotiations went on in secret with ...More..

Alibaba to spend more on travel, entertainment after $13.4bln listing
by | Wednesday, November 13, 2019

Alibaba to spend more on travel, entertainment after $13.4bln listing

The South China Morning Post noted that Hong Kong's government has pushed Alibaba hard, with Chief Executive Carrie Lam personally calling on the company's co-founder and former executive chairman Jack Ma to ...More..