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US economy gained 223,000 new jobs last month

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The US economy added 223,000 new jobs last month, according to the latest Labor Department report. However, wages remained flat, a sign that consumer spending...
BlackBerry running Android OS

BlackBerry reportedly developing an Android smartphone

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Blackberry is reportedly working on an Android phone codenamed Venice. On Friday leaked renders of a BlackBerry smartphone running on Android OS circulated the web. There...
aetna

Aetna acquiring Humana for $35 billion

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Aetna is acquiring rival health insurer Humana for $35 billion. The US health insurance giant announced on Friday that it agreed to takeover its smaller...
Paypal Xoom

PayPal acquiring Xoom for $890 million

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PayPal, which will soon split from its parent company eBay, announced that it is acquiring the digital money transfer business Xoom for $890 million in cash. The online...
greek flag

Greek government imposes ATM withdrawal limit of €60

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People in Greece are struggling to withdraw money from ATMs because of severe capital control implemented by the Greek government. Banks across the country have been closed all...
apple music

Apple Music launches across global markets

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Apple Music was released yesterday in 100 countries - packaged with the iOS 8.4 update for iPad and iPhone. "Apple Music is a revolutionary streaming music...
Microsoft

AOL taking over Microsoft’s advertising business

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Microsoft announced it has entered a 10-year partnership with AOL and AppNexus. The deal will make AOL the seller of all display formats, including mobile and video ads, for...

Pending US home sales rose 0.9 percent in May

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The US real estate market is showing strong signs of recovery after a rough start to the year. Pending home sales (a measure of signed contracts to purchase...
qualcomm

Former Qualcomm exec, Jing Wang, sent to prison for insider trading

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A former Qualcomm executive, Jing Wang, was sentenced to 18 months in prison and received a $500,000 fine for insider trading. If a corporate insider...
paypal

PayPal about to split from its parent company, eBay Inc.

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PayPal is on the verge of splitting from its parent company, eBay Inc. On Friday, the online payments system giant announced that the it received...