Is this the end of the watch industry in Switzerland when it acts as a very reliable source of income revenue generation of re country?   Netting in a combined total of 1.5 billion Swiss francs ($1.56 bn) in sales of watches, exports of the country’s timepieces fell by 14.2 percent in July,...

Elon Musk and his cousins will buy 80% of issued SolarCity bonds worth $ 65 million and $ 17.5, respectively, of the total emission of $ 124 million, it follows from the company’s paper presented to the SEC. Musk himself will buy back bonds in the amount of $ 65 - $ 124 million. The company’s CEO...

Asian fintech sector for the first time surpassed the North American in terms of attracting investment. Asian companies, of which 90% were Chinese, attracted nearly $ 10 billion during seven months, while North American companies made just half of the sum. During seven months of 2016, Asian fintech...

The third smartphone powered by Samsung Electronics Co Ltd’s own Tizen mobile operating system would become available in the markets in India next week, the South Korean tech giant said on Tuesday.   The Z2 phone will be the cheapest Tizen phone Samsung has launched to date at 4,590 rupees...

Recode breaks the news, quoting sources, about Amazon’s next musical venture. The company of Amazon.com Inc is busy developing a “music subscription service” that would be available at a monthly rate of “$5”, while the same would “only work on its Echo hardware”. The said information was reported...

American pharmaceutical company Pfizer Inc. is going to buy biotech company Medivation Inc., specializes in development of anti-cancer drugs, for $ 14 billion. Pfizer will pay $ 81.50 in cash per Medivation’s share, Pfizer announced in its report. This is 21% higher than cost of Medivation shares...

The International Space Station might be ready for business after 15 years of serving as a pure research lab.   Taking another, tentative step in U.S. efforts to create a marketplace in space, NASA is soliciting ideas from private enterprise on ways to use the...

AT&T introduces new cell phone data plans. Malathi Nayak reports to Reuters that AT&T Inc has announced that the company will be launching a “new data plan”. The said plan will get rid of “overage fees” besides bring down “data speeds for wireless customers” who over shoot their data allowance...

To overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters, Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear.   Lifestyle changes for many gamers is also being driven, who must trudge through...