It's a truth that gender wage gap exists!

The World Economic Forum's report on Global Gender Gap 2015 not only looked into wages but also aspects like gender gap in education, health as well as political participation.

On Wednesday, the board which manages the biggest public pension fund in the country voted to gradually reduce its investments in the risky funds. It is a precautionary measure to cushion against the economic downturns and follows the footsteps of other pension systems which have also adapted to a similar move.

John Zimmer, Lyft's president announced that in October the ridesharing company attained an annualized gross revenue rate of $1 billion.

The figure is probably not the cut of the value Lyft receives for the rides which flows into its system but most probably it is the representation of the gross payments which its drivers and riders get.

On Tuesday, the lawmakers in the U. S. House of Representatives laid the path for voting on the Fed Oversight Reform and Modernization Act, which may happen as soon as Wednesday.

The global worries of China's weakening economy is also hurting Cisco. The company lowered its second quarter guidance as due to lower sales in the Asia-Pacific region.

The company reported a first quarter earnings of fifty nine cents per share on sales of $12.7 billion which missed the analysts' expectations of fifty six cents a share on $12.65 billion sales.

The market has been quite cold to the tech companies that has debuted their IPO in recent times. The public investors have shown reluctance to pay what the technology companies may be worth. Square plans its IPO soon and is not expected to fetch big valuations on the public markets which it got on the private markets.