Google will release a prescription version of its newly launched Google Glasses. The confirmation of the prescription edition came at the tech firm's I/O conference last week when several employees of the company were spotted wearing a pair of the trial specs.
Vittorio Hernandez
May 20, 2013
Yahoo, which has started to recover following the takeover of Marissa Mayer as chief executive officer, is reportedly eyeing the purchase of popular blogging site Tumblr.
Vittorio Hernandez
May 20, 2013
Bill Gates is richest man in the world again since 2007 with a personal net wealth of $72.2 billion according to Bloomberg. He snatched the title from former No. 1 Mexican mobile phone mogul Carlos Slim.
Frances Samson
May 19, 2013
The Australian market not only held onto its gains but extended them further this afternoon. The ASX200 Index jumped by 0.3 per cent, making it three stronger sessions this week. Despite the rise, local shares slipped by 0.5 per cent over the past five sessions. This makes it the first week of losses in a month.
Vittorio Hernandez
May 17, 2013
Samsung latest flagship Galaxy S4 becomes the fastest-selling smartphone ever with four million shipments in 4 days after its release on April 26, 2013. Galaxy S4 breaks the record of Galaxy S3 of selling 3 million units within 21 days.
Ryan Inoyori
May 17, 2013
Despite the global gold demand trade decelerated in the first quarter of 2013 compared from the year ago, the actual exchange of gold among small-time investors in the Middle East, India, and China was very much alive through jewellery in the same period.
Esther Tanquintic-Misa
May 17, 2013
Finally, after two straight days of losses the Aussie market is creeping higher. The All Ordinaries Index (XAO) is up 0.2 per cent or 8.8pts to 5,153.3. The gains are being recorded despite weakness in US markets, which slipped by 0.3 per cent however are still around all-time highs.
Vittorio Hernandez
May 17, 2013
For the past ten years, in what could be America's most sensitive health topic to date, a report has disclosed that the number of mental health cases in the world's freest economy is rising.
Esther Tanquintic-Misa
May 17, 2013
Bill Gates, the founder of Microsoft, topped the Billionaires' List of Bloomberg, released on Friday. He grabbed the title World's Richest Person from Carlos Slim of Mexico.
Vittorio Hernandez
May 17, 2013
Experts and researchers working with marine mammals are now being advised to wear protective suits and gear as the dreaded influenza A H1N1 subtype virus has mutated and had been detected present and active in elephant seals off the coast of central California.
Esther Tanquintic-Misa
May 17, 2013
FNArena is surveying investor sentiment in Australia in an effort to generate, over time, a guage similar to the AAII Investor Sentiment Survey in the US.
Admin System
May 17, 2013
By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
Admin System
May 17, 2013
By Michael Lombardi, MBA for Profit ConfidentialSomething is starting to smell in the bond market...Since their peak in July of 2012, 30-year U.
Admin System
May 17, 2013
Gold continued to lost its luster as prices of spot gold futures for June delivery dropped 0.7 per cent and closed on Thursday at $1.386.90 an ounce on the Comex in New York. It is the sixth consecutive prices that the price went down, and the longest slump for the precious metal once considered a safe haven.
Vittorio Hernandez
May 17, 2013
Gina Rinehart, the richest person in Australia, is renewing her criticism of the federal government's policies, hitting it for incurring debt levels that are unsustainable and for treating the mining industry like an ATM.
Vittorio Hernandez
May 17, 2013
By Greg PeelThe Dow fell 42 points, or 0.3%, while the S&P lost 0.5% to 1650 and the Nasdaq dropped 0.
Admin System
May 17, 2013
The Australian share market was sold off for a second consecutive session today, despite new record highs on Wall Street and European shares closing at five year highs.
Vittorio Hernandez
May 16, 2013
A low-cost diarrhoea vaccine for children has been developed by India, enabling parents all over the world to avail of a cheaper alternative medicine that could cure and save their children from the deadly Rotavirus.
Esther Tanquintic-Misa
May 16, 2013
Despite record highs on Wall Street overnight and a positive start to the day's trade, local stocks are back in the red at lunchtime in the East, weighed down by mining players and weakness in the healthcare stocks.
Vittorio Hernandez
May 16, 2013
Dairy Australia said on Thursday that there would likely be a 10 to 15 per cent increase in milk prices in 2013. The announcement spells good news for Australian farmers, but represents bad news for consumers.
Vittorio Hernandez
May 16, 2013
When I hear news reports about consumer spending being soft and businesses struggling, frankly I think it's all rubbish. From my perspective, no other time in history has been so promising for people with a great idea (some call them entrepreneurs) to go from zero dollars to a million overnight.
Jamelle Agbuis
May 16, 2013
Not much action following the new Dow high. Not much follow-through. But not a big breakdown either.
Jamelle Agbuis
May 16, 2013
By Greg PeelThe Dow closed up 60 points, or 0.4%, while the S&P gained 0.5% to 1658 and the Nasdaq added 0.
Admin System
May 16, 2013
Sellers got the upper hand in the post Federal Budget session on Wednesday. The weaker tone was primarily derived from big picture matters driving global markets at present, rather than a response to the budget. Some have associated the drop in the Aussie dollar in the last day to the larger than expected deficit in the budget.
Vittorio Hernandez
May 15, 2013
China now has at least two subtypes of the Influenza A viruses lurking and circulating around its perimeters. And as more members of the poultry and fowls industry get culled, not only food sales get affected but also sales of badminton's shuttlecocks and apparel's down jackets.
Esther Tanquintic-Misa
May 15, 2013
The key to blowing up a successful asset bubble is that you must constantly attract new money into the asset class you're trying to inflate. By that standard, yesterday's Australia's housing finance figures were better than expected but worse than required. The numbers were up. But new home buyers have not yet been bullied into the market by lower rates.
Jamelle Agbuis
May 15, 2013
If you can't remember the definition of stupidity, events this week will refresh your memory. One popular definition of stupidity is repeating the same behaviour but expecting a different result, like pushing on a door that opens by pulling. A more current and topical one would be cutting interest rates 511 times in six years in order to raise growth and/or lower the unemployment rate.
Jamelle Agbuis
May 15, 2013
Despite a stronger start to the session, the Australian market is slipping for the first time in six sessions. The All Ordinaries Index (XAO) is down 0.8 per cent or 44.1 pts to 5,158.4. Investors initially reacted to healthy gains from global sharemarkets overnight rather than Tuesday's federal budget, however the rise was short lived with most sectors turning negative about one hour into the session.
Vittorio Hernandez
May 15, 2013
While China continues to wrestle H7N9 which had so far claimed 35 lives, it has succumbed to yet another subtype of the Influenza A viruses, this time the H5N1. The country had reported an outbreak in its southern part Tibet, where a child has died and 64 other children remain infected.
Esther Tanquintic-Misa
May 15, 2013
Lakshimi Mittal, owner of the world's largest steelmaker ArcelorMittal, has urged Europe to erect trade barriers to protect its manufacturers, claiming the future of the European Union manufacturing depended on politicians helping the industry face what he said was unfair competition from China, reported the Financial Times on Sunday.
Jamelle Agbuis
May 15, 2013
