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Wal-Mart reports stronger US sales; shares jump

US retail giant Wal-Mart reported slightly higher quarterly sales on Thursday and said better-than-expected earnings reflected the benefits of heavy investment to boost worker salaries and improve the shopping experience.

20 May 2016


eBay uncorks online wine shop

SAN FRANCISCO - Online commerce colossus eBay on Thursday opened a virtual wine shop...

3 May 2016


Global age challenges post-oil economy & national exports

The post-oil economy is here to stay for a while. Why wouldn't governments and major trade associations of any exporting nation embrace national mandates to all out campaigns...

By Naseem Javed 21 Dec 2015


Amazon gives glimpse at new delivery drone design

SAN FRANCISCO - Amazon provided a glimpse into the future of online shopping in a video of a new delivery drone that racked up more than two million views by mid-Monday...

2 Dec 2015


Amazon wants air space for delivery drones

SAN FRANCISCO - Online retail colossus Amazon wants to carve out a special zone of the sky to shuttle commercial drones that would deliver goods to its customers...

30 Jul 2015


Big data used as tool to track Ebola

WASHINGTON, USA: Nine days before Ebola was declared an epidemic, a group of researchers and computer scientists in Boston spotted the haemorrhagic fever starting to spread in Guinea.

27 Oct 2014


Amazon's loss reaches $437m but outlook is confusing

NEW YORK, USA: Amazon says its loss in the last quarter rose to $437m after a series of product launches including new phones, tablets and television programs had failed to provide profits for the company.

24 Oct 2014


More than 10m iPhone 6 units sold last weekend

WASHINGTON, USA: Apple broke its sales record for an opening weekend delivering 10m iPhone 6 unites in the first three days and boasting it could have sold more if it had them.

23 Sep 2014


Record demand for iPhone 6

SAN FRANCISCO, USA: Apple said it had received record pre-orders for its new iPhone models, and that some customers will have to wait for the larger-screen versions of the smartphones.

16 Sep 2014


Uber now offers dining, travel services

SAN FRANCISCO, USA: Uber has moved into dining and travel smartphone applications in a moved at at settting itself up at the heart of mobile lifestyles.

21 Aug 2014


Another 300,000 cars recalled by GM

NEW YORK, USA: General Motors (GM) has recalled another 300,000 vehicles, most of them to address ignition problems, taking to over 29m the number of GM cars recalled this year.

12 Aug 2014


App provides prompt delivery of dagga order

SAN FRANCISCO, USA:- Startup company Eaze has released a smartphone application promising prompt, professional delivery of medical marijuana to the doors of patients in San Francisco.

31 Jul 2014


US vulnerable to serious cyber-attacks

WASHINGTON, USA: The United States has failed to sufficiently adapt to new cyber-security threats, exposing itself to potential terror strikes as devastating as September 11, authors of the report on the 2001 attacks have warned.

25 Jul 2014


Android app pirates face prosecution

SAN FRANCISCO, US: prosecutors released indictments against six people suspected of collectively pirating millions of applications tailored for Android-powered mobile devices.

22 Jul 2014


Malware aimed at disrupting US and Europe's energy supplies

WASHINGTON, USA: Cyber-attackers, possibly even state sponsored, have been targeting energy operations in the United States and Europe since 2011 and were capable of causing significant damage, security researchers have claimed.

1 Jul 2014

UNITED STATES 'not optimistic' about Hachette book deal

SAN FRANCISCO, USA: Online commerce company said it doubted that it would soon bury the hatchet with book publisher Hachette.

28 May 2014


WhatsApp claims it has half a billion users

WASHINGTON, USA: WhatsApp now has 500m regular, active users around the world, the free mobile messaging service being acquired by Facebook said.

24 Apr 2014


AT&T, IBM in big data tie-up

NEW YORK, USA: AT&T and IBM announced plans to join forces to help cities, utilities and others use big data analytics to better manage their infrastructure.

19 Feb 2014


Amazon to compensate customers for late gifts

NEW YORK, USA: Amazon will give US$20 gift cards and pay shipping costs for customers affected by problems at UPS and FedEx that delayed the delivery of some Christmas packages.

27 Dec 2013


Amazon's futuristic drone delivery plan

WASHINGTON, USA: - Want that Amazon order in just 30 minutes? Amazon's chief executive Jeff Bezos hopes to soon achieve this using an armada of mini-drones able to drop small packages on the doorstep of users in USA cities.

3 Dec 2013

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