Category Archives: Business

Yahoo Set to Buy Tumblr for $1.1 Billion

Photo credit: www.aljazeera.com

Yahoo has recently approved the $1.1 billion dollar deal to buy the blogging site, Tumblr. Word soon started getting around that the CEO of Yahoo, Marissa Mayer was rumored to have been communicating with David Karp, the CEO of Tumblr.

Yahoo is reportedly holding an event on Monday, May 20th, in New York to make an announcement of the news. Buying the Tumblr site would be a huge deal for Yahoo, who will be able to reach young active online users through the social network.

This is not the first major change Mayer has made for Yahoo since becoming CEO last summer. She has also helped develop a new homepage for the site as well helping renew the Flickr service. Mayer is trying to generate new traffic to the site and get users excited about using Yahoo again.

Read more at CNN.com

Abercrombie & Fitch Under Heat for Plus Size Discrimination

Honda Supercar to Be Built in New Ohio Facility

Courtesy of money.cnn.com

Courtesy of money.cnn.com

Honda has confirmed that they will be building the upcoming Acura NSX hybrid supercar at their new Ohio plant. The facility is the result of a $70 million investment, and it makes up one of three Honda manufacturing plants located in the buckeye state.

The new facility, named the Performance Manufacturing Center, will cover 184,000-square feet of Honda’s former North American Logistics building and will employ 100 workers.

The Performance Manufacturing center is located just a few miles down the road from the company’s R&D facility and the Marysville auto plant.

Honda is expected to begin production of the Acura NSX in the year 2015.

Simple Tips For Hiring A Car Accident Lawyer

If you have encountered a car accident recently for which you were not at fault and your car underwent substantial damages as a result of it, you must be thinking of hiring a car accident attorney. Without the help of a professional automobile attorney, it will be next to impossible to get a fair compensation. It’s the duty of a professional car accident lawyer to get his client the best possible pay-out for any injury or damage that occurred during the accident. Though the compensation generally includes only medical expenses, damage to property is also counted in some cases. While it’s important to hire an automobile lawyer, choosing the right one can be a hectic task. So, here are some basic yet effective tips to help you find the right car accident attorney:

“Most Racist Commercial Ever” by Pepsi Yanked After Controversy

Boeing Dreamliner Returns to the Skies

Boeing Dreamliner

Courtesy of lazyboytech.com

Ethiopian Airlines became the first to resume service with the Boeing 787 Dreamliner this Saturday almost three months after the planes were grounded for safety issues.

Nearly 50 Dreamliners were taken out of commission world-wide following two incidents with Japanese airlines jets that raised concerns over the battery systems. Boeing has since began installing a redesigned battery system into the air-crafts.

The Dreamliner’s first commercial flight since January flew from Addis Ababa to Nairobi, Kenya, through Ethiopian airlines.

The smarter fuel economy made possible by the Dreamliner’s use of lightweight composite materials has made it very popular in Asia and the Middle East, where long-haul flights make up much of an airline’s business.

Japanese airlines have so far been the air-craft’s biggest customers.  They are expected to start test flights this Sunday.

Wireless Companies Looking to Extend Beyond Phones

Photo credit: sallys-special-services.blogspot.com

After shares of AT&T, the No. 2 mobile carrier in the U.S., fell by 5 percent on April 24, investors were not pleased. AT&T experienced a net loss of approximately 69,000 phone subscribers in the first quarter after simply only relying on tablet users. Sprint Nextel Corp., the No. 3 mobile carrier in the U.S., found themselves facing a similar issue.

Sprint noted that in order to see growth that they expect carriers to look at things such as machine to machine services. This means that devices will wirelessly link equipment like electricity meters and cars. They also stated that they will ply contract customers, in other words known as postpaid customers, with devices other than phones.

Google Internet Service Coming to Austin

Google Fiber

Photo Credit: www.slashgear.com

Austin, Texas is the latest city to test-drive Google’s ambitious Google Fiber project.

Google Fiber is the company’s ground-breaking new Internet service. Current rates reach up to 1 Gpbs, 100 times faster than that of average cable broadband Internet services.

In addition to faster streaming and gaming, Google claims that at-home web services at these speeds will open the doors to a slew of internet services and businesses that were previously impossible.

It is still uncertain what the company is out to accomplish with this Google Fiber experiment. If their goal is goal is to become a full-fledged Internet service provider, companies like Comcast and Time Warner will be facing fierce competition.

In 2012, Google Fiber debuted in Kansas City to a positive reception.

Best Payday Loans No Credit Check No Faxing: Why are they Popular?

When you are in a situation when you need urgent cash or else you won’t be able to make it to the next paycheck, a payday loan can solve your financial problems. The best payday loan products are now in offer without any hassle of credit check or faxing requirements. This implies that people with a blemished credit history can also apply for these short-term unsecured loans. These innovative credit products can be used to mitigate financial problems like the following:

  • Outstanding rent
  • Outstanding utility bills
  • Unexpected medical emergency situations

Why Payday Loans Are Becoming Popular Among Borrowers

You can avail up to $1500 by way of a payday loan which is adequate for fulfilling your short-term financial needs. Given below are the reasons why more and more people are resorting to payday loans to meet their temporary financial urgencies:

Obama’s Plan: 100 Million Dollar Brain Research