LLoyds buys MBNA for £1.9bn

Since the 2008 British tax payer bailed out and rescued Lloyds bank, has agreed to pay £1.9bn in cash to acquire credit card company MBNA from a subsidiary fo Bank of America. MBNA will be maintained as a separate brand. The deal is expected to increase Lloyds’ share of the UK credit card market by receivables from…

Stonehenge winter Sosltice longest night

Winter solstice occurs today 21st December 2016, the longest night of the year, The sun is closer to the horizon than any other time of the year and the North Pole is tilted 23.5 degrees away from the sun. Europeans celebrate the winter solstice by feasting of Juul or Yule lasting for 12 days which…

Apple iOS bug identified and fixed

IT security researcher Hemanth Joseph from Kerala has identified a bug in the latest Apple operating system iOS 10.1, that allowed him to bypass the activation lock on an iPad. The activation lock in Apple’s iPhone is pretty difficult for someone other than owner of the device to hack and set up as a new…

Death of a star politician

Jayaram Jayalalitha, India’s most charismatic and controversial politicians adored by many. She was one of India’s most successful actresses, and as a politician played a key role in the economic development of the southern state of Tamil Nadu. As head of the AIADMK party, she was elected as chief minister of Tamil Nadu on four…

Mobile Ads continues to dominate

The Pew Research Center released its annual State of the News Media reports dominated by Facebook, Snapchat and other social platforms by way of conversations around journalism over the past year, and examines these trends and shows that digital technology continues to upend the news industry. Half of all American adults now get news from…

WhatsApp clocks up 1billion users

WhatsApp owned by Facebook reaches one billion users from across the world. Recently WhatsApp rolled out video calling feature for Android, iOS and Window users. Android and iOS users need to update WhatsApp from Google play or iStore to use the video calling feature on their mobile platforms. Video streaming feature being incorporated in WhatsApp so…

Meitu used by over 450 million female teenagers is worth $4.6m

Chinese start-up Meitu, with more than 450 million female teenagers who use the app every month is worth  $4.6bn. Meitu, a global innovator in mobile video and photography, including proprietary facial recognition and virtual “try-on” technology for make-up and hair, famous for an app that helps people to “beautify” their selfies, by tweaking their face…