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Why Spain is saying ‘adios’ to Google News

Google will stop its news service in Spain on December 16, it announced in a blog post. The shutdown will take place prior to the introduction of a new intellectual property law. What would the new law mean? The new law, which will come into force on January 1, 2015, …

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Google Pulls Out Of Russia

Google is going to close its engineering office in Russia Russian authorities have been cracking down on internet activity throughout 2014. In Russia, a new law forces tech companies to keep all data about Russians inside the country’s borders. Google has so far declined to comment. The government asked Google …

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FT names Apple boss “Man of the Year”

The Financial Times has named the spiritual and temporal leader of the fruity cargo cult Apple as its man of the year. Tim Cook, the FT claimed, was doing wonders for Apple and making it a less heartless company. Jobs’ Mob is actually starting to do all the things that …

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Russia’s Ruble Reaches New Historic Low

The Bank of Russia intervened in the currency market on Friday, after the ruble fell to a fresh record low against the dollar in response to falling oil prices, market participants said. The ruble dropped to 57.9860 against the dollar in early trade on the Moscow exchange, taking its year-to-date …

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Turkish Airlines sponsors blogger event in White House

Turkish Airlines was one of the main sponsors of a Dec. 9 blogger summit at the White House in Washington D.C., where the world’s 100 most influential travel bloggers were invited.  Turkish Airlines executives said the second summit is planned to be held in Turkey.

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Russian Businessman buys Parma FC for 5 million euros

Parma made it to the UEFA Europa League Last season. However, the club could not obtain the a UEFA license due to its poor financial state and hence could not play in the League. President of the Club Tommaso Ghirardi decided then and there that he would sell the club …

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BP to make hundreds of job cuts as oil price slumps

BP will spend $1 billion on making hundreds of job cuts over the next year, in response to the continued slump in global oil prices, the Guardian reported. “We have already been working very hard over these past 18 months or so to right-size our organisation as a result of …

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Drones in India

Author: Tekendra Parmar Need to Know provides context and resources to help you get a better understanding of recent developments in the world of drones. What You Need to Know About Drones in India Last May, Mumbai became the first city to have a margarita pizza delivered via drone. Flying …

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Turkish economy grows at slowest pace in three years

Turkey’s gross domestic product (GDP) has grown 1.7 percent year-on-year in the third quarter, according to official data released Dec. 10, sharply below forecasts that had predicted an increase of around 3 percent. The economic administration slashed its growth forecast for 2014 from 4 percent to 3.3 percent in October, …

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