Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...Read more »
The much-anticipated Facebook PS Vita app is now available for free download on the PlayStation Store.
Following the official US launch of its much-awaited handheld game console, Sony has added a Facebook app to the select free apps that will be available for the PlayStation Vita.
Facebook app is now available for 12MB download on the PlayStation Store, joining Twitter app LiveTweet, Flickr and Netflix in the list of free apps available for the PlayStation Vita.View Article Source »
China outpointed US in PC market share this spring and takes the lead as the largest market.
A new research from IDC revealed that China managed to surpass the US as the world’s largest PC market. For all of 2011, US hold on to the lead, but China was able to push past them this spring. China also claimed 22% of all PCs shipped at 18.5 million, while 21% (17.7 million) went to Americans. Due to this scenario, researchers predicted that China will be getting 21.8% for all of 2012, where the US would slip tp 19.6%.
The catch-up in the said populous but poorer country may have resulted from their government plans. Its 12th Five Year Plan was encouraging very large companies at the center of China’s foundations to keep investing and spending during the time when the US was still struggling. China also works to improve their technology in poorer cities, where the US was much more saturated and has less room to grow.Read the rest of the article »
Congress needs to move quickly in raising the debt ceiling, as Moody's Investors Services puts the US bond rating in review.
The pressure on lawmakers to raise the debt ceiling fired up last Wednesday, as Moody’s Investors Services brings the US bond rating into review. The move was made due to the “rising possibility” that Congress will be unable to raise the debt ceiling by August 2. If that will be the case, it could lead US’ debt on default. Moreover, the Treasury Department will be unable to pay the country’s bill in full and on time without being allowed to lend new money.
But even if lawmakers raise the debt ceiling in time, Moody’s pointed out that it is expecting progress on the long-term debt. Hence, the agency would likely change their outlook on US’ AAA rating from “stable” to “negative.”Read the rest of the article »
Stocks fell sharply last Tuesday and oil prices spiked, as investors became worried about increasingly violent protests in Libya.
Last Tuesday, the US stock market sharply dropped while oil price increased due to intensifying protests in Libya. Oil price rose to $95 per barrel after the revolt threatened the oil production in the country. The fall of stock market and the oil price hike worries traders that the protests in Libya will spread to other oil-rich countries.
In addition to this, Airline companies are concerned that the oil price hike could lead to higher fuel cost. According to Alan Gayle, senior investment strategist at RidgeWorth Investments, “This puts a damper on consumer optimism, which is really critical at this stage of the recovery.”Read the rest of the article »
The federal deficit for 2011 will hit $1.5 trillion, driven higher by the "slow and tentative" economic recovery and the bipartisan tax cut deal passed late last year, the Congressional Budget Office said Wednesday.
According to the Congressional Budget Office, the federal deficit will hit $1.5 trillion this year. The reason? The “slow and tentative” economic recovery, and the tax cut deal that was approved late last year. That said, the federal forecast would equal to almost 10% of the economy. But more than that, the national debt may rise to $12 trillion over the decade if lawmakers continue to extend may of today’s policies that is set to expire soon.
Simply put, USA’s gathered national debt over the years would hit 97% of GDP by 2021. Devastating as it sounds, but that would be the highest level of federal deficit in the post-WWII era.View Article Source »
Owners of iPhone 4 will not just run Apple applications anymore since Jailbreak for their devices is now available -- thanks to the US Copyright Law Office. But what can Apple say about that?
The iPhone Dev Team released a Jailbreak for iPhone 4 last Sunday, a couple of days after the US Copyright Law Office legalized the execution of software applications to handsets. The latest jailbreak can be updated via mobile Safari. It was reported to work on all iOS devices, such as iPhones, iPods, and iPads running on versions 4 and 4.0.1. However, it won’t work on devices running on the 4.1 beta. Some users even report that jailbreak disrupts FaceTime and MMS functionality. However, demands for jailbreak heat up making it difficult for some users to get through the website.
Jailbreaking allows devices to run applications that are not approved by the OS provider. It also let devices to run in an unauthorized network. While the software was declared legal, Apple — the target of the bypass — discourages the users from loading Jailbreak. Doing so will void the warranty of the device, and will make their iPhones to be unstable and unreliable.View Article Source »
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