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Baidu posts first loss since 2005; search executive resigns

Total revenue rose to 24.12 billion yuan ($3.50 billion) from 20.91 billion yuan a year earlier. Analysts were calling for more than 29 billion RMB ahead. With the ongoing "Google of China" reference, Baidu also has become much more hard to analy...

China's Luckin raises USD561M as it hopes to topple Starbucks

A week before making its first filing for the IPO last month, Luckin said it raised $150 million in new funds, valuing the company at $2.9 billion. The Xiamen-based company, which opened at US$25, climbed as much as 53 per cent in NY trading on Fri...

United States stocks plummet on concerns over growth, earnings prospects

Donald Trump returned to Twitter over the weekend calling on the United States to produce products domestically, leading many people to anticipate further hostility. Even factoring in earnings of companies in the respective indexes and their histo...

US Supreme Court allows suit against Apple to proceed

Apple's App Store features more than two million apps and generated more than $26 billion in payments to developers in 2017, according to The New York Times. Apple takes a 30% commission fee for each transactions. Technically, Apple only allows i...

Monsanto ordered to pay $2B to couple in weed killer cancer case

The Alameda County Superior Court jury voted 11-1 to order Bayern AG to pay $1 billion to both Alva Pilliod, 76 and Alberta Pilliod, 74, as well as $18 million and $37 million respectively in additional damages for pain and suffering and economic l...

Saudi oil tankers damaged by sabotage attacks off UAE coast

The ships sustained "significant damage", though the nature of the alleged attack is unclear. Within the context of the United States and its close Arab allies-including the Emirates and Saudi Arabia-increasing their threats and waging financial wa...

Donald Trump: Billion dollar losses were for tax purposes

He also said it was advantageous to "show losses for tax purposes" in order to renegotiate with banks and called the Times' report a "highly inaccurate Fake News hit job", though he didn't specifically cite anything incorrect about the story.

Berkshire swings to big profit; Buffett laments Kraft Heinz

Instead, it was one of his younger deputies who opted to invest in the ecommerce behemoth. However the results exclude Kraft Heinz , one of Mr Buffett's biggest investments, as the company's numbers are not yet out. rose to $1,960.91 in afternoon ...

Facebook Implemented Some Changes - Here's Everything You Have To Know About Them

Finally, some will appreciate the arrival of Facebook Dating which works in a fairly simple way: you add the people you like to a list and if you also end up on theirs, you then have a crush. At the annual F8 conference on Tuesday, Zuckerberg anno...

SAS canceled nearly 600 flights

Domestic flights in the Nordic region as well to European and long-haul destinations were disrupted. There are 667 flights canceled for Monday and 546 for Tuesday, says the statement of SAS. The airline industry's employer body in Sweden has said p...

Amazon Prime to be 1-day shipping instead of 2

Still, Saunders said the shift is likely to put even more pressure on Amazon's retail rivals, as shoppers become accustomed to even faster shipping times. Amazon finished the first quarter with a reduction in headcount for the second year in a row...

Apple is One of AWS's Biggest Clients

Although Apple revealed in the past it has been using AWS for iCloud storage it never officially disclosed that other Apple services are also leveraging AWS or third-party clouds. While in December of a year ago, the firm said it would use $4.5 bil...

Huawei faces allegations that it's being funded by Chinese state security

The Chinese company projected that there would be 2.8 billion 5G users worldwide by 2025 and it was looking to build the backend networks necessary to support this growth. On its part, the Chinese vendor repeatedly has denied allegations of spying ...

PM again offers Energy Minister's post to Asad Umar

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has congratulated the nation on the resignation of Asad Umar from the post of finance minister on Thursday. Moreover, a loyalist of former President General Pervez Musharraf and ex-spyma...

NK's new weapons development a message to Seoul, US

Trump and Kim held a historic first summit in Singapore in June, but their second meeting almost two months ago in Hanoi ended abruptly without any progress on efforts to dismantle North Korea's nuclear program. North Korea accused U.S. Secretary ...

World's largest plane makes first flight over California

It could potentially enable airline-style access to space flight, making the journey both routine and affordable for everyday passengers. Stratolaunch's goal is to make satellite launches easy and cheap. Stratolaunch Systems plans to use the air...

Uber sets course for IPO, but prospectus shows slowing growth

In 2017, Uber's revenue stood at $7.9 billion, up ~106% YoY, and it rose to $11.3 billion in 2018, a rise of ~42%. Although its user base consists of customers of other services and ride-sharing, the number is nearly five times the 18.6 million annou...

Uber says it "may not achieve profitability" ahead of $100bn IPO

Buzz over Uber planning to go public comes amid protests across the globe sparked by the company. The IPO has been a long time coming, and the company's filing with the SEC is expected to be heavily scrutinized in the days to come. Lyft increas...

Tesla begins sales of cheapest yet Model 3 auto variant in China

In addition to the Model 3 trim changes, the company said Autopilot is now standard on every vehicle it sells. Previously, the starting price for a Model 3 in China was 407,000 yuan for a rear-wheel-drive long range version with no Autopilot.

Fisher-Price recalls 'Rock 'N Play' sleepers linked to infant deaths

A separate Consumer Reports investigation linked the device to at least 32 infant deaths, including some for babies younger than the 3-month-old benchmark from Fisher-Price's original warning. "By not fully compensating consumers, Fisher-Price is a...

Julian Assange: Sweden considers reviving rape inquiry

The Wikileaks founder continued his operation with little interruption throughout his stay there until Correa's vice president, Lenin Moreno, took power in 2017 shortly after the 2016 USA presidential election, during which Wikileaks publishe...

Donald Tusk suggests European Union leaders grant United Kingdom a longer Brexit extension

European Union rules say that any extension to the Brexit deadline needs unanimity among the 27 other member states, and even if smaller member states would be hard-pressed to do it on their own, France has never shied away from being an European ...

540M+ Facebook account details found exposed on misconfigured AWS instances

For many years, Facebook allowed all app developers to have access to information on anyone using their app as well as access to data on users' friends. A similar data set was also found for an app called " At the Pool ". The app known as " At th...

Amazon announces price cut on hundreds of Whole Food products

Prime members now qualify for two-hour delivery at Whole Foods , they can use Alexa to add groceries to their Prime Now cart and arrange for grocery pick-up within 30 minutes at some locations. On Wednesday, the retailer announced that it's slashi...

MPs may force Theresa May to ask for longer Brexit delay

In a Tweet following the statement, EU Council President Donald Tusk called for patience. If the two leaders fail to agree a compromise, Mrs May said options would be put before parliament, and the government would respect the decision of MPs.

The EU can not be held 'hostage' to Brexit crisis, says Macron

The Mayo Fianna Fáil TD said he still hoped no-deal can be avoided - but he said the Government should be more open with the public about the risks and implications. Refusing border controls, however, could lead to the introduction of checks between ...

Netflix Tests Cheaper Mobile-Only Subscription Plans In India

Laura Martin, an analyst with the research firm Needham & Co, said Apple's prospects are strong as it shifts from being a "product" company to an "ecosystem". The company spends billions of dollars each year to license some of the best third-party ...

Powerball Jackpot Now $750 Million After No Winning Ticket Drawn

That marked the fourth largest in the game's history. The winning combination for the $638 million prize is 24, 25, 52, 60, 66 , and the Powerball is 5. It has a cash value of $380.6 million. The buyers of three tickets shared the country's ...

Biogen stock price: Biogen shares tumble as Alzheimer's drug trial disappoints

The company said it would also discontinue the phase-2 EVOLVE study of aducanumab, which was an extension of the phase-1b PRIME to evaluate the experimental drug's safety. Hilary Evans, Chief Executive at Alzheimer's Research UK, said: "There are h...

Bayer Shares Plummet Upon Verdict That Roundup Caused Man's Cancer

In a statement Tuesday, the company said it is disappointed with the jury's decision "but we continue to believe firmly that the science confirms glyphosate-based herbicides do not cause cancer". However, the case now moves to a second stage, whi...

Oil prices stable, supported by signs of emerging supply deficit

OPEC members and non-OPEC countries participating in the oil production cut deal will meet on March 17-18 in Baku, Azerbaijan, to review output curbs they've been implementing to avert a supply glut and defend oil prices. sanctions - and a further...

Seven-seat Tesla Model Y revealed with 300-mile range

Still, the Model Y , like all Tesla's models, has already seen pre-production delays. He added that he believes the Model Y could account for up to 20% of Tesla's total sales within the next three years and could ultimately boost the company's fin...

Popular Dublin pizza place offer ANY PIZZA for €3.14 this week

Cheddar's Scratch Kitchen - Order a homemade chicken pot pie and get another to take home (and bake yourself) for free. Download the Blaze Pizza app before March 14 to get a custom-built pizza for $3.14. Cici's - For those dining in, who bring...

Canada's monthly job growth exceeds United States, stifles rate cut calls

Statistics Canada also reported that participation by women in the workforce was up. Only Red Deer at 4.7 per cent had a lower unemployment rate among this province's regions. Annual average hourly gains accelerated to 2.3 percent in February from...

Tesla's third generation Supercharger cuts down charging times by half

V3 is a completely new architecture for Supercharging . It's called the V3 Supercharger, and it can support up to 250kW per vehicle, from a cabinet that's rated at 1MW. At launch, only Model 3 owners will be able to use V3 Supercharging . Howev...

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Breaking News

World's largest plane makes first flight over California

It could potentially enable airline-style access to space flight, making the journey both routine and affordable for everyday passengers. Stratolaunch's goal is to make satell...

Uber sets course for IPO, but prospectus shows slowing growth

In 2017, Uber's revenue stood at $7.9 billion, up ~106% YoY, and it rose to $11.3 billion in 2018, a rise of ~42%. Although its user base consists of customers of other services an...

Uber says it "may not achieve profitability" ahead of $100bn IPO

Buzz over Uber planning to go public comes amid protests across the globe sparked by the company. The IPO has been a long time coming, and the company's filing with the SEC i...

Tesla begins sales of cheapest yet Model 3 auto variant in China

In addition to the Model 3 trim changes, the company said Autopilot is now standard on every vehicle it sells. Previously, the starting price for a Model 3 in China was 407,00...

Fisher-Price recalls 'Rock 'N Play' sleepers linked to infant deaths

A separate Consumer Reports investigation linked the device to at least 32 infant deaths, including some for babies younger than the 3-month-old benchmark from Fisher-Price's ori...

Julian Assange: Sweden considers reviving rape inquiry

The Wikileaks founder continued his operation with little interruption throughout his stay there until Correa's vice president, Lenin Moreno, took power in 2017 shortly after t...

Donald Tusk suggests European Union leaders grant United Kingdom a longer Brexit extension

European Union rules say that any extension to the Brexit deadline needs unanimity among the 27 other member states, and even if smaller member states would be hard-pressed to ...

540M+ Facebook account details found exposed on misconfigured AWS instances

For many years, Facebook allowed all app developers to have access to information on anyone using their app as well as access to data on users' friends. A similar data set was al...

Amazon announces price cut on hundreds of Whole Food products

Prime members now qualify for two-hour delivery at Whole Foods , they can use Alexa to add groceries to their Prime Now cart and arrange for grocery pick-up within 30 minutes at...

MPs may force Theresa May to ask for longer Brexit delay

In a Tweet following the statement, EU Council President Donald Tusk called for patience. If the two leaders fail to agree a compromise, Mrs May said options would be put before ...

Special Reports

The EU can not be held 'hostage' to Brexit crisis, says Macron

The EU can not be held 'hostage' to Brexit crisis, says Macron

The Mayo Fianna Fáil TD said he still hoped no-deal can be avoided - but he said the Government should be more open with the public about the risks and implications. Refusing borde...

Netflix Tests Cheaper Mobile-Only Subscription Plans In India

Netflix Tests Cheaper Mobile-Only Subscription Plans In India

Laura Martin, an analyst with the research firm Needham & Co, said Apple's prospects are strong as it shifts from being a "product" company to an "ecosystem". The company spends ...

Powerball Jackpot Now $750 Million After No Winning Ticket Drawn

Powerball Jackpot Now $750 Million After No Winning Ticket Drawn

That marked the fourth largest in the game's history. The winning combination for the $638 million prize is 24, 25, 52, 60, 66 , and the Powerball is 5. It has a cash value of...

Biogen stock price: Biogen shares tumble as Alzheimer's drug trial disappoints

Biogen stock price: Biogen shares tumble as Alzheimer's drug trial disappoints

The company said it would also discontinue the phase-2 EVOLVE study of aducanumab, which was an extension of the phase-1b PRIME to evaluate the experimental drug's safety. Hilary...

Bayer Shares Plummet Upon Verdict That Roundup Caused Man's Cancer

Bayer Shares Plummet Upon Verdict That Roundup Caused Man's Cancer

In a statement Tuesday, the company said it is disappointed with the jury's decision "but we continue to believe firmly that the science confirms glyphosate-based herbicides do...