News and Business

Warren Buffett's firm Berkshire Hathaway is working on a deal to buy unit of Philips 66 for around $1.4 billion. Philips 66 makes chemicals to improve the flow capacity of pipelines. The company said on Monday that Berkshire will pay for the Phillips Specialty Products Inc, buying about 19 million shares of Phillips 66 unit.

On Monday Samsung unveil new mobile device 8 gigabit memory solution. Chips available in 1GB for mobile devices. The new low power double data rate 4 (LPDDR4) support 1GB of DRAM in single die, providing 50% higher in compare to LPDDR3 or DDR3 memory. It's consuming approx. 40% less energy at 1.1 volts.

The United States is going to proceed with the prosecution of Indian diplomat Devyani Khobragade and has no intention to withdraw the visa fraud case against her. The deadline for indictment is January 13. US sources said that more evidence was being gathered against the 39-year-old diplomat before the indictment is filed.

In year 2013 at least 70 journalists were killed on the job around the world, including 29who died covering the civil war in Syria and 10 in Iraq. Data according to committee to protect journalist. The dead journalist in Syria including a number of citizen journalists working in their home town cities.

According to the Gallup Poll, President Obama continues to reign his position as the 'Most Admired' man of the country. The most admired woman honor is secured by the former secretary of State Hillary Rodham Clinton. It should not be a big surprise given that the US president has topped the most admired man list continuously for 33 years in a row.

Ford Company has sold more than 2.4 million vehicles this year in US and Toyota as the best-selling vehicle in North America. The Dearborn based automaker company excepts to widen its record sales of the Fusion, escape and Fiesta. Ford Company also has the single best selling vehicle in U.S.

Air Marshal Arup Raha took over as the 24th chief of Indian Air Force on Tuesday in New Delhi. He replaced Chief Marshal N.A.K. Browne for the position. Raha has been appointed for three years as IAF chief. Arup Raha previously served as the Vice Chief of the Air Staff of the Indian Air Force.

Chief Minister Arvind Kejriwal has kept AAP party pre pole promise to provide 700 liters pure water to Delhi household. On Monday Delhi Water board announced to give 700 liters pure water to every Delhi household from 1st January.

South Africa beat India in their final test in Durban to register a 1-0 victory in the test series. Jacques Kallis manages to finish his last test with a victory. The 38-year-old South African player has scored a fabulous century in the first inning of his last test match to become the third highest Test run scorer, with 13,289 runs from his 166 matches.

The amazing spider man 2 teaser release to this New Year eve. In time square. Trailer unveils during ball drop celebration in New Year eve ground zero Tuesday night. "Yo Sparkles" spider man (Andrew Garfield) shouts by way y of calling electricity- spouting super villain.

Manchester City keeps the fire burning with a victory over Swansea City in their first game of 2014 to top the point table with the highest points.

Italian car maker company Fiat spa struck a 4.2 billion $ deal to gain full control of Chrysler group LLC. Ending more than a year of tense talks that have obstructed chief Executive Sergio Marchionne's efforts to combine the two automakers' resources.

Bill de Blasio, the former New York City Council member, took the oath of office on Wednesday to become 109th mayor of the city. "I want to say to all of you how grateful we are," de Blasio said to the crowd in which Democratic activist Howard Dean and actor Steve Buscemi were also present.

Hyundai Moto co. And KIA Moto co. South Korean largest automakers forecast their slowest sales growth in eight years to competition the stronger won hampers exports. Hyundai and Kia moto co. Combined deliveries will increase 4% to 7.68 vehicle in 2014. Chairman of both automakers Chung Mong Koo told employees during New Year address in Seoul on Wednesday.

In the response to accusation of working with NSA to hack iPhone users' personal information, Apple denies the claim. "Apple has never worked with the NSA to create a backdoor in any of our products, including iPhone," Apple said in an official statement. "Additionally, we have been unaware of this alleged NSA program targeting our products.

A new wearable device from LG named as LG life band touch leak by Evleaks. It appears as same device LG announced earlier but never released smart activity tracker.

Google and Audi are all set to partner to bring Google's Android operating system to next generation Audi cars. Google is giving head-to-head competition to its rival Apple in technology innovations, and in the efforts, it is set to partner with the car maker company Audi to bring its Android OS in the newest Audis.

The Palestinian ambassador, Jamal al-Jamal, was killed in a blast in his residence in Prague on Wednesday. The Palestinian ambassador to the Czech Republic, Jamal al-Jamal was with the family in his Prague residence at the time of attack. He took office in October and had recently moved to the new residence on the northern outskirts of Prague.

Skype, which is a social media platform have been hacked by a group claiming to be the SEA (Syrian Electronic Army). SEA group posted a message telling people not to use email services of Microsoft who is the owner of Skype.

Intel is planning to rename the anti-virus software company, McAfee software that it had bought in 2010 for $7.7 Billion. John McAfee, the flamboyant millionaire and the founder of McAfee software said that he is happy that Intel is finally planning to drop his name from its products.

Sony has launched Xperia Z1 Compact top-end android phone like an iPhone sized. There are various Android phones has presented by various phone companies in the CES 2014, but most of them are also quite large, but actually Xperia Z1 is uncomfortably large compared to others.

Lenovo has launched first A10 IdeaPad in India. It is the first dual-mode notebook that works on Android platform that has launched by Lenovo. No doubt that this device includes latest set of features and is priced at Rs. 19, 900 in India.

LG has introduced its smart HomeChat smart home platform at CES 2014 that will allow users to command and control LG home appliances via text messages.

Infosys technology bought out Essar’s technology park in Bangalore approx in 115 crore.

Apple has already started working on the iPhone6, which will be introduced with a super slim design. Apple iPhone5S, which was launched last year gained good user response. While people are still buying the iPhone5S and 5C, Apple has already started working on its next smartphone i.e. iPhone6.