Apple is alone in e-books pricing lawsuit; Publishers agreed to settlement


It appears as if some serious problem is going to be created for Apple as it’s trial on ebook price fixing charges is filed by the U.S. government begins on Monday in New York. Apple will have to alone deal with the charges put across by the U.S. Department of Justice in a non-jury trial.Continue reading “Apple is alone in e-books pricing lawsuit; Publishers agreed to settlement”

Hundreds evacuate homes as Wildfire reaches California coast


A wind-driven wildfire is spreading by the California coast north of Los Angeles prompting hundreds of people to evacuate their homes. Evacuations have also been ordered in case of university campus including several farm buildings and recreational vehicles are also under threat as the wildfire also surrounded them. Source: Reuters, LATimes, CBS, Bloomberg, CBS 8

Elon Musk sparks rumors with his tweet; each character of his tweet has helped gain Tesla stock $2.2Mn


  We are assuming that Elon Musk knows how to make boring things seem interesting. Thursday morning, he tweeted, “Announcement of new @TeslaMotors strategy tomorrow. Tesla owners will like this.” Following the Tweet, everyone started speculating on Twitter. People started asking questions like, What would it be? Direct sales over the Internet? Solar cars? CheaperContinue reading “Elon Musk sparks rumors with his tweet; each character of his tweet has helped gain Tesla stock $2.2Mn”