Business News
Assess new surcharge tax from equity gains
livemint.com - 8 Oct 2019 12:09
Surcharge needs to be calculated separately on capital gains from equity.After enhancing the surcharge rates further in the last budget, there are now four rates based on income slabs
Crocs creator Scott Seamans sells in Newport Beach
L.A. Times - 8 Oct 2019 19:17
Crocs co-founder Scott Seamans has sold his Newport Beach home for $3.9 million, or $1.235 million more than he paid for it in 2016.
Fintech start-up Shubh Loans gets NBFC licence from RBI
livemint.com - 8 Oct 2019 16:33
Shubh Loans receives NBFC licence through subsidiary Ekagrata of its parent company Datasigns Technologies.Shubh Loans says it has already raised series A2 funding of Rs34 crore from Omidyar Network India
Utopos Games raises $1 million to make AI-based robot battle game Raivo
Venture Beat - 8 Oct 2019 17:00
Utopos Games has raised $1 million for its robot-battle game Raivo, which the company says is the first title to gamify machine learning.
Council on Foreign Relations faces backlash over $12M Len Blavatnik donation
New York Post - 8 Oct 2019 04:27
The Council on Foreign Relations is facing a storm of criticism after recently accepting a $12 million donation from Ukrainian-born oligarch Len Blavatnik, The Post has learned. In a tersely worded letter, a group of 56 ...
October Volatility Got You Spooked? Keep Calm With Muni Bonds
Forbes - 8 Oct 2019 23:59
Some may call munis boring, but global risks are mounting, and a little "boring" could be a welcome addition to your portfolio. Volatility is just something investors have no other choice than to manage. One of my favori...
19 US cities where moving in together won't save you much money at all
Business Insider - 8 Oct 2019 23:37
Stephanie Sellers/ Shutterstock Data from The Black Tux looks at the cities where couples can benefit the most financially from moving in together, and the cities where each person wouldn't save much. In many affordable ...
How will WeWork's woes affect the London property market?
MoneyWeek - 8 Oct 2019 12:10
WeWork, the office rental company that saw its value collapse after abandoning its IPO, is one of London's biggest tenants. John Stepek charts the company's fall from grace and asks what it means for London's commercial ...
7 Technology Books Every Entrepreneur Should Read
Forbes - 8 Oct 2019 23:00
Need to get up to speed on major tech trends? These books will help you become a guru of the industry.
Boeing 737 MAX timetable uncertain as regulators continue safety review
Reuters - 8 Oct 2019 21:17
U.S. and European Union regulators said on Tuesday they were still reviewing Boeing Co's changes to 737 MAX software after two fatal crashes, throwing into question the speed at which the grounded aircraft can return to ...
Venezuela designers turn to piracy after Adobe announces it will cut service
Reuters - 8 Oct 2019 20:22
Venezuelans on Tuesday desperately explored piracy workarounds to continue using Adobe programs after the software developer said it will cut access to its products for the country's users, citing U.S. sanctions, in a mo...
Remarkable raises $15 million to bring its e-paper tablets to more scribblers
Venture Beat - 8 Oct 2019 20:00
Remarkable, the Norwegian startup behind the digital paper tablet of the same name, has raised $15 million in a round of funding from Spark Capital.
Player Omega partners with Super League Gaming for esports tour to smaller cities
Venture Beat - 8 Oct 2019 17:30
Player Omega is working with Super League Gaming to bring an esports tour across the United States. It's a different approach to competitive gaming, trying to foster events in smaller locales.
Oh, great! NYC law enforcement can probably hack your phone now
Fast Company - 8 Oct 2019 15:33
Cellebrite and the agencies wouldn’t confirm the report from OneZero. New York City law enforcement can now hack your iPhone or Android phone from the comfort of the Manhattan District Attorney’s office, according to...
This journalist spent 3 years with alt-right trolls. This is what he learned
Fast Company - 8 Oct 2019 13:00
Journalist Andrew Marantz embedded with what he calls “dodgy characters on the internet” for three years to understand how they used social media to propel toxic ideas into the mainstream. In the aftermath of the 201...
Oracle to hire 2,000 workers to expand cloud business to more countries
Reuters - 8 Oct 2019 04:20
Oracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday.
Hong Kong Stock Market Retracts Offer to Buy London Exchange
The New York Times - 8 Oct 2019 03:20
With both cities facing big political challenges, and with the London stock market preferring to cooperate with Shanghai, Hong Kong's bid quickly failed.
Zion Already Is As Huge As Steph And LeBron (At Least)
Forbes - 8 Oct 2019 19:12
At this rate, Zion Williamson is headed toward Michael territory. That's either Jordan or Jackson, take your pick. It's amazing how popular Zion already has become as an NBA rookie, and he's only played one preseason gam...
Robinhood gives banking another shot a year after botched launch
American Banker - 8 Oct 2019 18:36
The service will move customers' uninvested cash from their Robinhood accounts into existing banks, which are already insured through the Federal Deposit Insurance Corp.
This bed will rock you to sleep
Venture Beat - 8 Oct 2019 17:01
If you're in need of a good night's sleep, you might want to check out the crowdfunding campaign for the Adiva One bed that gently rocks you to sleep.
Google will use AI to optimize how often users see ads
Venture Beat - 8 Oct 2019 16:15
Google says it will use AI and mahine learning to limit the number of times users who block tracking cookies see its advertisements.
Bidding wars are taking a strange turn in the fall housing market
CNBC - 8 Oct 2019 15:58
Cooler weather historically means a cooling off period in the housing market, but that is not the case this fall. After dropping to the lowest level in 8 years, bidding wars are creeping back.