Facebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.Technologyread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Cybersecurityread more
European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Amazon wants to show you how much you can rely on its Alexa voice assistant to control everything in your home, from thermostats to TVs.
The company announced Wednesday it's partnering with homebuilder Lennar to create "Amazon Experience Centers" — model homes containing built-in Alexa-controlled appliances — in hopes of persuading homeowners and homebuyers to embed Amazon services into their houses.
Lennar is outfitting model homes with TVs connected to Amazon's Fire TV system, buttons that can reorder goods from Amazon, and Alexa-enabled products that allow customers to control the lights, TV, shades and other appliances with their voices. Customers can tour the homes in cities around the U.S. to get an idea of how they work.
Apple has taken a similar approach. It has already teamed with homebuilders to create model new homes with HomeKit-ready products that can be controlled from an iPhone or iPad with Apple's Siri assistant. Brookfield Residential is one such homebuilder.
For Amazon, it's another example of how badly it wants to be in your home. Doing so lets it collect valuable data on how you purchase goods.
Apple, Amazon and Google are all racing to get smart assistants into your homes. Most households probably only have room for one of those — so getting customers into the ecosystem when they're buying a home might keep them for the long haul.