Reddit raised $50 million and will distribute 10% with community members
Reddit has confirmed it raised $50 million in in Series B funding and will use 10 percent of the equity to distribute it with...
US stocks down showing signs of market volatility
U.S. stocks have dropped today with a surge of investors selling on the last day of the quarter.
The dip was fueled by major...
PayPal to split from eBay in 2015
PayPal is going to be spun off from eBay in the second half of 2015 and become its own separate publicly traded company.
Ebay’s board...
British consumer confidence down in September
British consumer confidence declined in September from a nine-year high as households showed marginally greater pessimism regarding their personal finances. GfK’s UK Consumer Confidence...
Wonga profits fall by 53 percent due to ‘remediation costs’
Wonga, the payday lender, on Tuesday posted a 53% decline in profits to £39.7 million for 2013. The London-based short-term, high-cost credit business blamed...
UK house prices dropped 0.2% after rising for 16 months
UK house prices fell by 0.2% after 16 successive months of increases, according to a report published on Tuesday by lender Nationwide Building Society....
Gold price falls as US economy shows promise
Gold has dropped to its lowest price since January, with the US economy showing signs of good economic growth the demand for protection of...
Australian dollar sank after Reserve Bank of New Zealand confirmed it intervened in currency...
The Australian dollar dropped to a record low as the Reserve Bank of New Zealand (RBNZ) confirmed that it intervened in currency markets in...
RBS reports fewer bad investments this year
Royal Bank of Scotland Group plc. (RBS), which is 81.14% owned by the British taxpayer, announced that it expects fewer bad investments this year....
TSX declines amid geopolitcal concerns
The TSX experienced a decline on Monday as tensions rise over poor Chinese economic performance and uncertainty regarding when the US Fed will be...