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Facebook to Pay Billions – Top Trending Stories

Here are today’s Top 5 News & Events from Around the World. Take a look!

#5

Facebook to Pay Billions for the Privacy Cases

Image Credits: Flickr marshal anthonee

Facebook on Wednesday, said that it has set aside $3 billion to settle the privacy suit against it. The FTC might put a fine of $5 billion on Facebook for privacy-related cases. Link.

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#4

Tesla to Launch Its Own Insurance Product

Image Credits: Flickr Gillinghammer

Tesla CEO Elon Musk has revealed to analysts that Tesla will launch its own insurance product for its customers. In about a month its insurance service will be more compelling than others in the market. No specific details have been revealed yet. Link.

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#3

Intel Reveals Fastest Ever Mobile Processors

Image Credits: Forbes

Intel has revealed the fastest mobile processors that can clock speeds up to 5Ghz with 8 cores and 16 threads. Link.

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#2

New UFO Reporting Guidelines From the US Navy Soon

Image Credits: Flickr Vladimir Pustovit

The United States Navy is drafting new guidelines for reporting of UFO encounters by pilots and others. This is considered a significant step to create an orderly process that will collect and examine unexplained sightings. The new law will also include the process for the digitization of information. Link.

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#1

Microsoft Hits $1 Trillion in Capitalization

Image Credits: Flickr Mike Mozart

Microsoft has become the most valued tech company in the US after reaching the $1 trillion dollar market capitalization. Apple was the first company to hit this mark, while Amazon stayed in this range for a short time. Link.

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