Facebook Inc (NASDAQ FB) is banned in China by the regulators. The ban is not very much appreciated by the consumers, who wish to use this social networking service for the benefits it offers. The huge popularity of the social networker led consumers to check with Facebook professionals (whenever they visit China), when they could…
Prana Biotechnology shares surged 18.7% after the company announced that the FDA has granted orphan drug designation to its Huntington disease candidate, PBT2. We note that the FDA grants orphan drug designation to candidates being developed to treat rare diseases that affect less than 200,000 people in the U.S. The status makes the candidate eligible…
The number of locally developed, professional bitcoin services launching in Japan recently is a sign of growing acceptance in the country. The latest is a multi-service bitcoin platform called Coincheck, which offers a wallet, exchange and merchant payment system. A new feature aimed directly at the e-commerce industry, called ‘Coincheck for EC’ will launch on…
Getty Images has sued Microsoft Corporation (NASDAQ MSFT) over its new tool, Bing Image Widget, calling it a “massive infringement” of copyrighted images, Reuters news agency reported. Getty images filed a lawsuit against the tech giant in a court in New York. Getty Images has the biggest online repository of photos, comprising of more than…
Visa Inc (NYSE V) is working to bring Apple (NASDAQ AAPL) Pay to the masses. The financial giant is set to bring the new payment system to the United States in October and the United Kingdom in 2015. Visa Europe’s Head of Mobile Proposition, Pedro Sousa, claims the company does not have any concrete dates…
eBay Inc (NASDAQ EBAY) was quick to respond to a rumor that Google Inc (NASDAQ GOOG) was considering buying a 40% stake in it. The online auction giant’s stock climbed by nearly 5% in very heavy trading volume earlier this morning after three traders claimed that Google could buy a stake. Shares of eBay shot…
