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Tax savings make Bill Ackman cut his firm’s stake in Valeant

Tax savings make Bill Ackman cut his firm’s stake in Valeant

Citing tax reasons, Bill Ackman, the activist investor and a strong defender of Valeant Pharmaceuticals International, has reduced his firm’s stake in the drug company. In a regulatory filing, billionaire Bill Ackman's Pershing Square Capital Management has sold around 5 million worth Valeant shares to ‘generate a tax loss’ for investors.

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Zika virus spread creates panic among many pregnant women in Brazil

Zika virus spread creates panic among many pregnant women in Brazil

There is panic among many pregnant women in Brazil after it has been found that a rare virus spread by mosquitoes is liable for one of the most devastating health crisis to hit the nation in decades. Health officials have warned that thousands of cases are emerging of brain damage in which babies are born with very small heads.

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First Spare the Air Day of the Season for Saturday Bans Bay Area Residents from Burning Wood

First Spare the Air Day of the Season for Saturday Bans Bay Area Residents from Burning Wood

Since the light winds in the Bay area are expected to contribute to unhealthy air quality, the Bay Area Air Quality Management District issued the season’s first winter Spare the Air alert for Saturday. The alert bans burning wood, manufactured fire logs or any other solid fuel, both indoors and outdoors for 24 hours. With the increase in the field of science and technology, new industries are being developed that contribute a lot in the cause of global warming and air pollution.

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Space X Falcon 9 to be put on display though it is could fly again: Musk

Space X Falcon 9 to be put on display though it is could fly again: Musk

SpaceX CEO Elon Musk on Thursday posted a photo of the Falcon 9 rocket that has registered success in landing back on earth after launching a payload of satellites into orbit that was back at its hanger at Cape Canaveral in Florida.

Musk affirmed that the rocket is in good shape and ready to fire all again. He did not find any damage after the landing. The successful landing is considered to be a remarkable feat that could one day lead to the start of an era of reusable rockets and further lead to cost effective flights.

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High amount of sugar in Western diet may raise risk of breast cancer and metastasis of lungs

High amount of sugar in Western diet may raise risk of breast cancer and metastasis of lungs

A new study in mice unveiled that high levels of sugar commonly found in Western diets increases risk for breast cancer and metastasis to the lungs. Researchers from the University of Texas MD Anderson Cancer Center came to know that fructose encouraged breast tumor growth and helped it to spread.

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Tax Dispute Costs $348 Million to Apple

Tax Dispute Costs $348 Million to Apple

A settlement of 318 million euros ($348 million) has been reached between the tax office of Italy and Apple after the latter failed to make its tax payments of six years. A deal is also likely to be signed by the iPhone and iPad manufacturer to outline protocols for making its tax payments from 2015 onwards.

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Final Fantasy IX to be released on PC, iOS, Android in 2016

Final Fantasy IX to be released on PC, iOS, Android in 2016

Lovers of Final Fantasy video game will be able to play ninth part of the game on the PC, iOS, and Android at some point in 2016. One more exciting thing is that the game’s official website will have an English translation.

The company has particularly specified that the game is coming to both iOS and Android platforms, which would be a pleasing factor for fans, who are still waiting for an Android release of Final Fantasy VII.

As it was said for the Final Fantasy VII, Square has been promising exciting updates for the ninth edition.

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Changes in market conditions acting as big hurdle to own all-electric vehicles

Changes in market conditions acting as big hurdle to own all-electric vehicles

There is a rise in demand for electric vehicles like Tesla’s Model S, but not at the pace as it has been expected. In December 2015, Navigant Research has projected that the number of plug-in cars will increased from around 120,000 in 2015, including more than 300 Tesla Model S, to 950,000 in 2024.

In fact, President Barack Obama said in 2011 that the US would become the first nation in the world to have one million electric vehicles on the road and it would happen by 2015. But two years later, the Department of Energy gave up that goal.

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Qualcomm designs special ‘drone’ version of its Snapdragon system on chip

Qualcomm designs special ‘drone’ version of its Snapdragon system on chip

Qualcomm plans to release with a new device that aims to make drones smarter and cost-effective. Qualcomm has designed a special drone version of its Snapdragon system on a chip. The new chipset aimed at drones will have a heavy use of the GPU to carry out computer vision tasks.

Qualcomm has also come up with an information video that might be showing at the 2016 Consumer Electronics show in Las Vegas. The key features of the device include an optical flow camera, visual inertial odometery, motion planning, obstacle mapping and many more interesting features.

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Facebook Tells Its Users They’ve Been Friends for 46 Years

Facebook Tells Its Users They’ve Been Friends for 46 Years

The famous social networking site Facebook is now telling its users that they have been friends for 46 years. Don’t worry, you’re not living out a 13 Going on 30 scenario, you are just celebrating your 46 years of friendship with Facebook because of a glitch.

At first, it was thought that the issue was experienced by really old accounts. Due to the glitch the largest social network has sent out messages congratulating users for 46 years of friendship with people in their list.

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