July 2016
China’s central bank says it’s trying to stabilize yuan
China is looking to improve policy for yuan-based cross-border services and the offshore market for the yuan while working hard to stabilize the currency, said central bank Deputy Governor Chen Yulu. Speculation has risen that […]
Twitter partnered with MLB and NHL to stream 1 game per week
Twitter (NYSE:TWTR) has locked up another streaming deal. The microblogging site has previously lined up the NFL, the Pac 12 and CBS, and just last week inked a fresh deal with the NBA. Management apparently […]
Mobile stock trading exceeds 30% of total volume in Korea
Smartphones used for growing share of South Korea’s stock trades. Stock trading on mobile devices has taken off in South Korea since 2009. Trading on smartphones is projected to account for a record 30% of […]
Solar Impulse completed round-the-world trip – 40’000km without fuel
The first round-the-world solar powered flight has been completed, after the Solar Impulse aircraft touched down in Abu Dhabi and finished a journey that began over a year ago. The ABB-engineered plane is no heavier […]
Verizon has bought Yahoo for $4.83bn
So it’s official, Verizon (NYSE:VZ) will acquire Yahoo (NASDAQ:YHOO) and its real estate for $4.83 billion. The deal was all but official last Friday, however the details were still in question. Reports suggested the company […]
Japan’s exports down again in June
Japan’s exports fell 7.4% in June from a year before for a ninth month of decline. The result was better than expected, but the prolonged decline suggests the economy risks a slowdown, a factor that […]
Yahoo purchase to boost Verizon’s digital ad business
Verizon’s acquisition of Yahoo will means that it will overtake Microsoft to become the third largest digital advertiser, but it’s still way behind Google in first place, and Facebook in second, per eMarketer. The company’s […]