Business news

• Home deals: LED lightbulbs for around $2, prep for fall with a leaf-blower deal

  06-10-2016 23:59 via cnet.com
  
  LED light bulbs for about $2 and the best deals on leaf blowers for fall.
  
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• Walmart tries to turn on its e-commerce game

  06-10-2016 23:51 via cnet.com
  
  The retailer plans to spend more on e-commerce and slow down store openings, in hopes of catching up to Amazon.
  
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• El LG V20 llega a T-Mobile el 28 de octubre

  06-10-2016 23:47 via cnet.com
  
  En la compra del poderoso teléfono, T-Mobile estará regalando un par de audífonos B&O BeoPlay H3 que por sí solos cuestan US$150.
  
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• New 'Planet of the Apes' teaser paints chilling view of future

  06-10-2016 23:34 via cnet.com
  
  The short teaser for the 2017 movie shows war is no joke for Caesar and company.
  
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• Don't think, just do...join Apple's Orchard

  06-10-2016 23:30 via cnet.com
  
  Apple's new marketing program was formed to attract new talent that acts first and asks questions later. Mavericks. Doers, not thinkers.
  
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• Pfizer to seek more modern headquarters in Manhattan

  06-10-2016 23:12 via news.yahoo.com
  
  (Reuters) - Pfizer Inc, the largest U.S. drugmaker, said on Thursday it aims to sell its world headquarters buildings in midtown Manhattan by the end of 2017 and begin moving into more modern facilities in Manhattan no sooner than the first half of 2019. "This move is being driven by the significant investment that would be required to bring the buildings to modern standards," Pfizer said in a statement. Pfizer spokeswoman Joan Campion said the company notified employees of the plans on Wednesda
  
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• Boost Mobile turning its storefronts into polling places

  06-10-2016 23:06 via cnet.com
  
  Technically Incorrect: In an initiative to support voting in minority communities, Boost gives people a new place to cast their ballots on Election Day.
  
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• Oculus trabaja en unas gafas de realidad virtual entre las Rift y las Gear VR

  06-10-2016 23:05 via cnet.com
  
  Mark Zuckerberg, presidente ejecutivo de Facebook, dijo durante Oculus Connect 3 que Oculus VR está diseñando unas gafas de realidad virtual inalámbricas más poderosas que las Gear VR de Samsung.
  
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• IMF, global finance leaders fret over populist backlash

  06-10-2016 22:53 via news.yahoo.com
  
  World finance leaders on Thursday decried a growing populist backlash against globalization and pledged to take steps to ensure trade and economic integration benefited more people currently left behind. The meetings are the first since Britain voted in June to leave the European Union and U.S. billionaire Donald Trump secured the Republican presidential nomination with a campaign that attacked trade deals.
  
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• Big telecom companies must cut wholesale internet access rates for smaller rivals: CRTC

  06-10-2016 22:52 via cbc.ca
  
  Canada's major internet service providers must lower the wholesale rates they charge smaller rivals for access to their networks, the country's telecom regulator said on Thursday, in a move it said would protect consumer choice.
  
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• Snapchat IPO? Firm reportedly planning offering of $25B or more

  06-10-2016 22:50 via cnet.com
  
  Snap Inc., which makes the popular photo and video app, may start selling shares by late March.
  
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• VR chats, Oculus Touch pricing and a next-gen headset: Everything Oculus announced at the Connect 3 conference

  06-10-2016 22:43 via cnet.com
  
  At the Oculus Connect 3 developer's conference, Facebook CEO Mark Zuckerberg and Oculus execs mapped the future of virtual reality, from VR selfies to a new VR platform on the horizon.
  
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• FCC's internet privacy proposal just got a little weaker

  06-10-2016 22:42 via cnet.com
  
  The agency backs away from imposing stricter data collection rules on broadband and wireless companies than on Facebook, Twitter and Google.
  
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• Wall Street ends flat with eyes on payrolls

  06-10-2016 22:35 via news.yahoo.com
  
  Major U.S. stock indexes closed little changed on Thursday, even as declining names outnumbered advancers, ahead of job market data seen as key to determine whether the Federal Reserve will raise rates before the end of the year. The dollar hit its highest since late July against a basket of currencies as the data reinforced the view the Fed may raise interest rates at its December meeting. The Dow Jones industrial average fell 12.53 points, or 0.07 percent, to 18,268.5, the S&P 500 gained 1
  
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• ​FTC to patent trolls: Stop wasting our time

  06-10-2016 22:23 via cnet.com
  
  The US Federal Trade Commission proposes reform to cut down on the frequency of patent-infringement lawsuits.
  
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• Snapchat may go public with a $25 billion price tag, WSJ reports

  06-10-2016 22:05 via cbc.ca
  
  Photo-sharing app Snapchat's parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter.
  
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• IMF chief gives Deutsche Bank tough advice, says need deal on fine

  06-10-2016 22:03 via news.yahoo.com
  
  By David Lawder and Arno Schuetze WASHINGTON/FRANKFURT (Reuters) - IMF chief Christine Lagarde gave Deutsche Bank some tough advice on Thursday, saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with U.S. regulators over a potentially huge fine. A senior European official tried to shore up confidence in the continent's banking system, saying it was working well overall, while sources said Germany's financial watchdog had found no evidence so far that De
  
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• Hyundai dips into crazy for its nitrous-fed SEMA concept

  06-10-2016 22:01 via cnet.com
  
  Maybe, one day, Hyundai will actually translate some of that fun over to its road cars.
  
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• Facebook shows how it's gonna make virtual reality social

  06-10-2016 22:00 via cnet.com
  
  Smiles, raised eyebrows and meetings on Mars: Mark Zuckerberg shows where Facebook is taking Oculus Rift.
  
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• Disney, 'Blade Runner' are taking Oculus to Hollywood

  06-10-2016 21:52 via cnet.com
  
  Mickey and the Replicants? Facebook's Oculus is bringing cuddly Disney characters and dystopian "Blade Runner" stories to its virtual-reality system.
  
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• Report: More than half of IT professionals think the cloud makes their jobs harder

  06-10-2016 21:44 via techrepublic.com
  
  XaaS is supposed to take the stress out of IT, right? Less onsite infrastructure, fewer servers, and fewer hardware headaches. That's the ideal, at least, but the truth feels different for IT pros.
  
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• Don't think, just do...join Apple's The Orchard

  06-10-2016 21:39 via cnet.com
  
  Apple's new program, called The Orchard, was formed to attract new marketing talent that acts first and asks questions later.
  
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• Nvidia, AMD colaboran con Oculus para lanzar PC de US$499 para VR

  06-10-2016 21:37 via cnet.com
  
  Los fanáticos de los juegos y contenido para la realidad virtual pronto tendrán una computadora asequible para usar sus gafas Oculus Rift o HTC Vive.
  
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• Instagram Stories, cloned from Snapchat, has 100M daily viewers

  06-10-2016 21:35 via cnet.com
  
  The Facebook-owned social network says the popular feature is all about "ephemerality" -- "pride of authorship" be damned.
  
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• Bill Gates To The Next President: Here Are Your Top Priorities

  06-10-2016 21:32 via ibtimes.com
  
  Billionaire philanthropist Bill Gates discussed innovation in his most recentblog post, where he outlined the four areas the future president of the United States should focus on: affordable energy, vaccine for HIV and cure for neurodegenerative diseases, protection from future health epidemics, and providing students and teachers with all the educational tools they need.
  
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• Kim Kardashian Ring Net Worth Revealed: How Much Did Kanye West Really Pay For Diamond?

  06-10-2016 21:20 via ibtimes.com
  
  “Keeping Up With the Kardashians” star Kim Kardashian is out $11 million after she was robbed at gunpoint in a Paris hotel Monday, but the most precious thing confiscated from the weather reality TV star was her engagement ring from husband Kanye West. Listed below is everything we know about the stunning diamond, courtesy of E! Online.
  
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• Oculus Connect 3 Announcements: Touch Controllers, Carmel VR Web Browser, Earbuds, Avatars

  06-10-2016 21:15 via ibtimes.com
  
  Oculus’ Connect 3 conference is happening in San Jose, California this week and today the keynote revealed some exciting news. The biggest announcements from Oculus Connect 3 event include Carmel VR Web Browser, avatars, earbuds, parties and rooms and pricing for the long-awaited Touch controllers. 
  Oculus Touch Controllers Cost $200 
  
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• Will Princess Love Leak Moniece Slaughter’s Sex Tape? Sneak Peek At ‘Love & Hip Hop: Hollywood’ Season 3, Episode 9

  06-10-2016 21:13 via ibtimes.com
  
  Princess Love really has it out for Moniece Slaughter. In a sneak peek of VH1’s “Love & Hip Hop: Hollywood” Season 3, episode 9, Princess sits down with blogger Jason Lee to get some more dirt about her enemy. Princess also wants Jason to help her get her hands on a sex tape supposedly starring Moniece.
  
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• Oculus streamlines how companies can create VR and 360-degree content for PC, mobile, and headsets

  06-10-2016 21:06 via techrepublic.com
  
  At Oculus Connect 3, Facebook unveiled a slew of new updates to the Oculus platform that included features to make VR more accessible to the many businesses that are already investing in it.
  
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• Oculus drops price of VR-ready PCs to $499

  06-10-2016 20:59 via cnet.com
  
  Oculus says you no longer need a pricey PC to enjoy virtual reality. But lowering the minimum spec has its risks.
  
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• Behind the shot: Kids being kids, even after the horrors of war

  06-10-2016 20:57 via cnet.com
  
  Commentary: CNET's Andrew Hoyle was struck by the resilience of children uprooted by war, now living in makeshift shelters in Germany.
  
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• What Do Celebrities Eat? Top 5 Junk Foods Lady Gaga, Ashton Kutcher, Beyoncé And More Are Addicted To

  06-10-2016 20:55 via ibtimes.com
  
  Although there are many people who idolize celebrities, praising their talents, generosity, good looks and amazing bodies, some forget that at the end of the day they are just regular people. While they typically follow strict diets, they also indulge in junk food just like everyone else.
  From Lady Gaga to Beyoncé, these celebrities love to treat themselves to decadent dishes. Below are the top five foods that celebrities eat when they decide to forgo their diets.
  5. Sticky Toffee Pudding
  
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• Oil hits four-month highs as OPEC keeps talks of cuts in focus

  06-10-2016 20:54 via news.yahoo.com
  
  By Barani Krishnan NEW YORK (Reuters) - Oil rose more than 1 percent to four-month highs on Thursday, spurred by another informal OPEC meeting on output cuts and plunging U.S. crude inventories, with some saying the market has overshot itself with a near 15-percent gain in seven sessions. Saudi, Iranian and Iraqi energy ministers will be among key OPEC representatives to meet non-OPEC member Russia on the sidelines of an energy conference next week in Istanbul, OPEC sources said. Oil has gained
  
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• Millennials And Money: Living At Home And Depressed By The Economy

  06-10-2016 20:50 via ibtimes.com
  
  The Great Recession of 2008 is still having an impact on millennials, and they have a bleak outlook on the future because of it, according to a survey by Ernst & Young and Economic Innovation Group. The survey, which questioned 1,200 United States residents born in 1980 and after, found that more millennials in the U.S. were not just anxious about their futures but were still living at home and were pessimistic about the economy as a result of the Great Recession. 
  
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• ‘Outlander’ Star Sam Heughan Loves Jamie’s Ginger Hair

  06-10-2016 20:48 via ibtimes.com
  
  “Outlander” fans know that the Starz drama has to fake a lot of things: magic, sword fights, rapidly aging characters. However, some might not realize that even Jamie’s hair isn’t natural. Sam Heughan wasn’t born with the iconic red Fraser locks. However, it seems the blonde still has fun with ginger hair.
  
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• Mars Inc buying out Buffett stake in Wrigley

  06-10-2016 20:48 via news.yahoo.com
  
  The candy maker Mars Inc on Thursday said it would take full control of its Wrigley chewing gum business, acquiring the minority stake held by Warren Buffett's Berkshire Hathaway Inc . Mars plans to combine Wrigley with its chocolate business, putting M&Ms, Snickers, Starburst fruit chews, Doublemint and Extra gum, and Altoids mints under one roof. In 2008, Berkshire invested in Wrigley when it acquired $2.1 billion of preferred stock and $4.4 billion of bonds in connection with privately he
  
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• Wal-Mart rejects settlement with U.S. over alleged bribery: Bloomberg

  06-10-2016 20:45 via news.yahoo.com
  
  Prosecutors have now gone back to seek more evidence about the company's alleged bribery in Mexico to put pressure on the retailer to settle, Bloomberg reported. Some of Wal-Mart's actions in Mexico may be too old to prosecute, the report said. Officials are working to strike a deal with the Bentonville, Arkansas-based company before a new U.S. administration takes over in January, according to the Bloomberg report.
  
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• Is ‘Keeping Up With The Kardashians’ Canceled? Kim Flees To Los Angeles After Armed Robbery

  06-10-2016 20:41 via ibtimes.com
  
  It’s a wrap? “Keeping Up With the Kardashians” might have come to an end after the reality show’s lead star, Kim Kardashian, was robbed at a Paris hotel Monday. The fashionista and reality star was reportedly shaken by the attack and went silent on social media. Now, the mother-of-two wants to end her reign as the queen of reality television.
  
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• Oculus Connect 3: Watch live now

  06-10-2016 20:38 via cnet.com
  
  Oculus and Facebook are expected to announce a new wave of software and price and release date for the Oculus Touch controllers. Watch live now.
  
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• Facebook virtual-reality investment jumps by $250 million

  06-10-2016 20:38 via cnet.com
  
  Mark Zuckerberg, CEO of Oculus owner Facebook, announces an additional investment in developing VR content, bringing the total to $500 million.
  
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• Apple shares perk up after strong report from iPhone chip supplier

  06-10-2016 20:28 via news.yahoo.com
  
  By Noel Randewich SAN FRANCISCO (Reuters) - Shares of Apple Inc rose 1 percent on Thursday after German supplier Dialog Semiconductor Plc said its quarterly revenue were higher than expected, adding to recent enthusiasm about demand for the newest iPhone. With global demand for smartphones on the wane, Apple is counting on the iPhone 7 to help wrest market share from rival Samsung Electronics Co Ltd and limit an expected decline in annual revenue. Apple accounted for about 80 percent of Dialog's
  
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• Wal-Mart plans bigger e-commerce shift, tempers profit view

  06-10-2016 20:24 via news.yahoo.com
  
  Wal-Mart Stores Inc said it plans to focus heavily on its e-commerce operations on Thursday and warned investors that the cost of the long-term plan would weigh on earnings over the next two years. The strategy by the world's biggest bricks-and-mortar retailer, which includes slowing the pace of new store openings, is centered on cracking the dominance of Amazon.com Inc in online retailing and face off against other rivals like Target . Wal-Mart's shares were down 2.9 percent in afternoon tradin
  
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• ‘Survivor’ 2016 Spoilers: Gen X Gets New ‘Dictator’ In Episode 4, Promo Teases Nudity & Tension

  06-10-2016 20:19 via ibtimes.com
  
  Gen X’s new tribe leader may want to watch her back. A promo for next week’s installment of “Survivor: Millennials vs. Gen X” reveals Lucy may be at risk of being on the chopping block.
  NBC’s promo for episode 4 reveals that Lucy may take over for Paul as leader of the Gen X tribe after taking part in his blindside elimination. Not everyone in the group, however, will not take too kindly to her newfound role.
  
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• FCC revises internet privacy rule proposal

  06-10-2016 20:18 via cnet.com
  
  The agency is backing off an earlier proposal that would have imposed much stricter "opt-in" data collection requirements on broadband and wireless companies than internet companies like Facebook, Twitter, and Alphabet's Google.
  
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• Brazil vs. Bolivia 2016: TV Channel, Start Time, Prediction For World Cup 2018 Qualifier

  06-10-2016 20:18 via ibtimes.com
  
  Brazil will be hot favorites to continue its strong start under new coach Tite when taking on notoriously bad travelers Bolivia in World Cup qualifying action on Thursday in Natal. Tite, who replaced Dunga after a poor showing at this summer’s Copa America Centenario, guided Brazil to victories against Ecuador and Colombia last month to greatly aid the country’s hopes of making it to Russia 2018.
  
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• 10-speed automatic helps Ford F-150 achieve impressive fuel economy

  06-10-2016 20:17 via cnet.com
  
  It's only a hair ahead of the competition, but it's ahead nevertheless.
  
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• Mark Zuckerberg teases wireless Oculus VR headset

  06-10-2016 20:09 via cnet.com
  
  Somewhere between phone-based VR and the wired, PC-connected Oculus Rift, Zuckerberg introduces a peek at something new.
  
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• Fed buys $10.9 billion of mortgage bonds, sells none

  06-10-2016 20:09 via news.yahoo.com
  
  The Federal Reserve bought $10.901 billion of agency mortgage-backed securities in the week from Sep. 29 to Oct. 5, compared with $11.225 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday. In a move to help the housing market begun in October 2011, the U.S. central bank has been using funds from principal payments on the agency debt and agency mortgage-backed securities, or MBS, it holds to reinvest in agency MBS. The New York Fed said on its website the Fed
  
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• Pixel won't share Google Assistant with other Android phones

  06-10-2016 20:06 via cnet.com
  
  Key features will be available only on Google's new Pixel phone.
  
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• Theranos closing labs, laying off 340 following sanctions

  06-10-2016 20:05 via cbc.ca
  
  Embattled blood testing company Theranos says it will shut down its clinical labs and wellness centres and lay off more than 40 per cent of its full-time employees.
  
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