The bank which is behind the Apple card has been facing scrutiny legally over inequality accusations. The department of financial services of New York has launched their investigations into the practices of Goldman Sachs after David Heinemeier Hannon, the founder of Basecamp had accused Apple and in turn Goldman of sexism when they had been…
Uber to turn profitable in 2021 says CEO DaraKhosrowshahi
Ride hailing company Uber may be running losses and burning cash but its CEO Data Khosrowshahi stated that it is likely to become profitable within the next two years. In a recent press interview Khosrowshahi stated that it will soon become profitable on adjusted EBITDA for the year 2021. Khosrowshahi said that though their plan…
Olympia Sports closing 76 stores across New England.
Olympia Sports which is a popular brand for athletic footwear and apparel which has outlets all across New England has announced on Friday that it is going to close 76 stores. Among these stores eight of them are situated in Connecticut. The clothier that is based out of Maine had recently acquired JackRabbit which is…
Oil prices fall with pessimism from China over trade deal
The earlier gains in oil had been erased as it traded lower on the morning of Thursday after weak data from the Chinese industry and the pessimism in the trade talks between US and China which picked up again and added to the rise in the United States Oil inventories as they weighed on prices….
Thomas Cook used its auditors to justify 5 million pound bonus
Thomas Cook Britain’s largest travel group ceased all its operations on 23rd September this year and effectively went into liquidation. It has also been revealed that former boss Manny Fontenla-Novoa had been paid a bonus of 5 million GBP by its audit firm known as EY. It had been heavily criticized for its merger with…
Mega Asia Pacific pact to be signed in 2020 says Thailand
According to Thailand, Southeast Nations are committed to signing a new trade pact by 2020. Under this pact, one third of the global GDP will be covered and big trade bloc in the world would emerge. A lot of people were in hope that a conclusive decision will be made on the long time negotiations…
Instagram Is Making Effort To Close Down Stalking App Like Patrol
Whether it is a jealous partner keeping tabs on his ex or a parent checking in, stalkers will always stalk. There are various apps that allow this kind of behavior, and Like Patrol is amongst them. The app scrapes data from Instagram, permitting consumers to track who their targets communicate with. As per media though,…
A New Smallest Ever Black Hole Is Discovered, Astronauts Say
Milky Way, our galaxy, is a Wonderland of this huge and mysterious space. The researchers have spent hundreds of years on researching the outer space. There’s still more to discover about the space. The researchers keep observing the brightest stars and darkest black holes all the time. Recently, while updating the census of black holes,…
LinkedIn And Uber Hackers Confess To Extortion And Hacking
The attackers who infiltrated LinkedIn-controlled Lynda.com’s and Uber’s Amazon web servers have confessed in federal court of California to charges of extortion conspiracy and computer hacking. Brandon Glover (Florida resident) and Vasile Mereacre (Canadian national) were indicted last year for pinching data from LinkedIn training website Lynda.com in a hack that impacted 55,000 accounts. It…
New Platform Of GoFundMe Is Just For Nonprofits And Charities
The GoFundMe service has been used to crowdfund everything from back payments of royalties for a typical early hip hop track to payments for employees of U.S. government at the time of the latest shutdown. Shortly, the website will support even more charitable offering, with a latest fundraising service for nonprofit agencies. The service, dubbed…