Economy

Patent Troll Reform Bill Pulled by Senate Judiciary Committee's Sen. Patrick Leahy, Due to 'Not Sufficient Support'

Legislation to reform the patent system, notably "patent trolls," in the United States was given the curb courtesy of Sen. Patrick Leahy (D-Vt.).

Jobless Claims Higher Than Previously Expected; Unemployment Sits at 7-Year Low

16,000 more people filed claims than expected. More people filed unemployment claims than expected last week. In the week ending May 17, 326,000 unemployment claims were made, up from the 310,000 expected.

Mixcloud Founder Nico Perez Talks Music Technology and Branding at Internet Week NY

With 14 years of DJing experience, Nico Perez has provided an Internet platform for aspiring DJs and radio presenters called Mixcloud. With 10 million users per month, Mixcloud has captured the attention of many, particularly millennials.

We Love Our Smartphones And Hate ISPs, Especially TWC and Comcast - ASCI Report

Some common attitudes in our culture are pretty evident to anyone: Go out anywhere and strike up a conversation about mobile tech and the internet, and you'll discover most people love their devices, but have no love for the companies that provide service to them. This week, the American Consumer Satisfaction Index confirmed everyone's suspicions: we love our smartphones, but hate subscription TV and ISPs.

Netflix Set to Debut in Both Germany and France; Attempts to Fend Off Amazon Prime and HBO GO

Laws and preferences will make it a difficult transition Netflix is the world's largest Internet subscription service and now its heading to Germany, France and four other European countries.

JPMorgan Chase Pledges $100 Milliion to Detroit Over Next 5 Years: Urban Development, Blight Removal, Public Transportation

JPMorgan Chase is the largest bank in America JPMorgan Chase, America's largest bank, has pledged to invest more than $100 million in a combination of loans and grants over the next five years in Detroit.

Dow Jones Stock Market News: Stocks Up Over 100 Points Wednesday

Reversal of Tuesday's sharp fall. Stocks on the Dow Jones Stock Exchange pointed higher Wednesday as Wall Street looks forward to the Federal Reserve's last meeting.

North Carolina House Approves Bill Taxing E-Cigarettes: Amendment Defines E-Cigs as Tobacco Product

The bill also deals with small businesses After much prodding by the tobacco industry for the government to impose taxes on e-cigarettes as well as cigarettes, the North Carolina House has approved a bill introducing a modest tax on electronic cigarettes in its first major vote this season.

Nuclear Waste Leak in New Mexico: Inorganic Kitty Litter a Possible Cause

The containing barrels might have been compromised The Government of New Mexico said in a report that dozens of drums of nuclear waste might pose a "substantial" and "imminent" danger to residents.

McDonald's Workers Strike Worldwide: US Fast-Food Workers Demand $15 an Hour

Fast food workers are paid below the poverty-level McDonald's workers and other fast-food employees around the world staged a protest requesting a wage increase on Thursday, May 15.

GoPro Files IPO: Extreme HD Sport Camera Created by Surfer Nick Woodman Worth $1 Billion

The company behind the mountable, all-around sports camera, GoPro, has filed for an initial public offering with the Securities and Exchange Commission in the US on Monday.

Android Apps vs. iOS 7 Apps 2014: VividHDR, Tasker, and AirDroid Are Worth a Look

Which apps perform the best? There's so many apps to choose from for smartphones. Some help you perform your daily duties more efficiently while others are just plain fun.

Steve Wozniak Calls for Net Neutrality, but Would Apple Be Okay with 'Fast Lanes'?

Apple co-founder Steve Wozniak published an open letter on Tuesday calling the current action on Net Neutrality one of the "most important times ever" for the FCC. At the same time, reports that Apple has made interconnection deals with ISPs might indicate that the company he helped found doesn't have a problem with the proposed "fast lanes" of the internet.

New York Lotto Winning Numbers & Results May 21, 2014: Jackpot Currently Sits at $6.2 Million

The next drawing for the New York Lotto will be on Wednesday, May 21. The winning numbers for the New York Lotto drawing on May 17 were 4, 5, 19, 21, 23 and 29, and the bonus number was 59.

Apple iWatch Release Date & Price: Mail App, Siri, Browser Among Expected Features

Apple is coming prepared Apple has made big news again recently with its acquisition of the Beats headphone maker and streaming service started by Jimmy Iovine and Dr.

Tensions Fly High Among US Accusations of Chinese Cyberspying

Tensions between the United States and China over accusations of industrial espionage have hit a boiling point as Beijing summoned U.S. Ambassador to China Max Baucus Monday in an attempt to counter Washington's charges.

Microsoft Windows 8 OS Banned on Chinese Government Computers: Microsoft 'Surprised' About Decision

Microsoft's Windows 8 platform received a ban on China's government computers. A statement from the Central Government Procurement Center in China stated all desktops, laptops and tablets purchased through the state must be installed with an operating system not connected with Windows 8.

Credit Suisse Bank Pleads Guilty to Tax Evasion Scam: Cheated IRS on Grand Scale by Hiding Money Overseas, Says Attorney General Eric Holder

There's a difference between tax avoidance and tax evasion Facing charges of conspiring to aid tax evasion, Credit Suisse has acknowledged committing the crime rather than risk being shut down completely by U.

China, Russia Fail to Agree on $400 Billion Gas Deal; Nations Expected to Continue Discussions

On Tuesday, Russia and China failed to reach a deal on a natural gas plan. Russia and China were unable to reach a deal on a natural gas agreement Tuesday, despite both countries' mutual interest in facilitating the plan.

Ebuzzing Video Advertising Expands in Latin America; 'Unprecedented Demand' Launches Mexico Office, US Technology

A video advertisement agency that reaches its audience with social media has expanded their footprint in Latin America with a new office in Mexico.
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