Money


UCLA gunman was from IIT Kharagpur, had a kill list
- June 04, 2016

The discovery followed the Wednesday fatal shooting of a professor on UCLA's campus by Sarkar. "When we heard that we went full sprint", said Vital, who ran to another building, away from the engineering department. Beck said he was uncertain of Sarkar's motivation but said it had to do with a dispute over intellectual property. The Los Angeles Times reports that Sarkar, 38, had accused the UCLA professor he killed of "stealing his computer code and giving it to someone else". (more...)
NHL PLAYOFFS Sharks cruise to conference final
- May 15, 2016

Pavelski scored the tiebreaking goal with 2:40 left in regulation and Martin Jones stopped 37 shots to lead San Jose to a 3-2 victory over the Nashville Predators on Sunday night and a 2-0 series lead. Hence, like the Sharks, they haven't won a game in a Cup final in their history. By emerging as a physically-bruising defender on the Blues already-deep blue line this season, Parayko gives his team the reliable third pairing it will need to neutralize the Sharks forward depth and a heavy ... (more...)
Apple invests $1 billion in Chinese ride-hailing company Apple invests $1 billion in Chinese ride-hailing company
- May 15, 2016

BEIJING (AP) - Apple Inc. has invested $1 billion in Chinese ride-hailing service Didi Chuxing, the main competitor in China for Uber Technologies Ltd. Apple's CEO Tim Cook, in a telephone interview with Chinese news agency Xinhua, said Apple chose to make the investment for a number of strategic reasons, including the chance to learn more about certain segments of the Chinese market. (more...)
Dow, S&P post 1st 3-week losing streak since January Dow, S&P post 1st 3-week losing streak since January
- May 14, 2016

Apple Inc stocks tumbled 2.35% to $90.34, their lowest since 2014, on worries demand for iPhones may be falling which pushed the Nasdaq index 0.49% lower to 4,737.33 S&P 500 index has been rallying since February but in recent 2 weeks it is looking down weighted on by weak corporate earnings. (more...)
Barclays Launches Tap And Go Android Payment App Barclays Launches Tap And Go Android Payment App
- May 13, 2016

As with other contactless services, there's a £30 limit on any single transaction. Contactless Mobile will be available in June. The official name for the service is Barclays' Contactless Mobile and it will allow mobile payments in the same way that users are able to use a contactless bank card. (more...)
Amazon launches YouTube-like video service
- May 12, 2016

Amazon Direct Video is a new feature that will allow creators to make their content available to Amazon customers through a number of different options. In a client note issued earlier on Tuesday, Bernstein analyst Carlos Kirjner estimated that the company will spend about US$2.9 billion on video content for Amazon Prime this year. (more...)