After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Swing Copters: New Flappy Birds becomes top 20 UK game on app store chart within hours August 21, 2014 The must have game Swing Copters, otherwise known as the new Flappy Birds, has already entered the app store charts in the top 20 games just seven hours after the highly anticipated game was released to eager fans. Swing Copters hit number 18 in the app store in the UK by midday today, but elsewhere [...]
EBay could spin off PayPal August 21, 2014 It could be time for a high-profile breakup in e-commerce: EBay is considering spinning off PayPal, the online payment provider it made famous. The separation could happen as soon as next year, according to news website The Information. It remains unclear whether EBay plans to sell off all or just some of PayPal, and how [...]
1,400 gay couples have married since the law changed August 21, 2014 More than 1,400 same-sex couples have married since the law changed to allow it, official figures published on Thursday showed. While there were fewer than 100 same-sex weddings during March – the law was changed on March 29 – that number rose to 498 by June. Female couples were more likely to get married – [...]
Two charts showing how massive Bank of America’s record-breaking $16.5bn settlement really is August 21, 2014 Bank of America’s settlement with the US Department of Justice to pay $16.65bn over the mis-selling of mortgage loans to investors is the largest ever made. Here’s how the numbers stack up. The figure is the largest payout by any corporation in US history. The bank is also the previous record holder with an $11.8bn [...]
“Today is a miraculous day”: US Ebola doctor treated with ZMapp discharged from hospital August 21, 2014 Two Americans who contracted Ebola while they were working in Liberia have been discharged from a hospital in Atlanta. Dr Kent Brantly and Nancy Writebol were among the first human patients treated with ZMapp, an experimental drug made by US-based Mapp Biopharmaceutical. Before it was rushed to Liberia to be used on patients during the latest [...]
Russia partially abandons food ban as minister claims it could cost country €10bn August 21, 2014 Russia has dropped part of the ban on EU food imports after its agriculture minister claimed the policy could cost the Russian economy €10bn (£8bn) over the next few years. Russia's food authority has removed a host of products from the black list, including: trout and salmon hatchlings; potato and onion seeds; hybrid sugar maize [...]
Why Quindell’s share price bombed today, even though profits rose threefold August 21, 2014 Over the past few months, insurance outsourcer Quindell – once the darling of the stock market – has been the reluctant protagonist in a soap opera with a plot involving a shadowy organisation run by a mysterious superhero intent waging war on business “bad guys”. Quindell’s woes began in April, when analyst Gotham City [...]
Bank of America makes record $16.65bn settlement with US regulators over mortgage-backed securities August 21, 2014 Bank of America is to pay out $16.65bn (£10bn) to settle an investigation into sales of mortgage-backed securities dating back to the financial crisis. As agreed with the US Justice Department America's second-largest bank will pay a $9.65bn cash penalty to the US government and provide around $7bn of relief to consumers. The figure is [...]
Fair weather friends fade away as Balfour Beatty and Carillion deal collapses August 21, 2014 They say you often find out who your real friends are when you’re at your lowest. Carillion’s announcement that it would be no longer pursuing a merger with Balfour Beatty yesterday came with some conspicuous absences. When the deal was still hot stuff, announcements came with scores of contacts to send enquiries to; Carillion, Lazard, [...]