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Your Amazon Echo And Kindle Might Have Been Made By Abused Chinese Workers

An investigation revealed that Amazon's Chinese factories had poor working conditions for its employees. It was discovered that several labor laws have been violated, workers lacked safety training and more.

Business Tech June 14, 2018

Bitcoin Tumbles To Three-Month Low Following Coinrail Hack

A new attack on a South Korean cryptocurrency exchange caused the value of Bitcoin to drop. Coinrail confirmed that it was hacked but did not specify the exact value of what was stolen.

Business Tech June 14, 2018

Here’s How Spotify Plans To Disrupt The Music Industry Even Further: Licensing Artists Directly

Spotify wants to directly license lesser-known artists’ music instead of cutting deals with labels. No matter how much it tries to hide it, that’s exactly what’s happening.

Business Tech June 11, 2018

Uber Wants To Enter Scooter Business In San Francisco

Uber is looking to enter into the electric scooter business in San Francisco. The ride-hailing company recently applied for a permit to join the city’s pilot program in an attempt to cash in on the e-scooter craze.

Business Tech June 9, 2018

Google, Facebook Face Big GDPR Headache — $8.8 Billion In Lawsuits

Google and Facebook hit with $8.8 billion lawsuit within one day of GDPR enforcement. The new data protection and privacy law for individuals within the European Union came into effect on Friday, May 25, 2018.

Business Tech May 28, 2018

Bitcoin Could Stop Being Profitable Because It Uses Up So Much Energy

Is bitcoin mining worth it? Bitcoin could use up as much energy as Austria by the end of 2018, and the staggering cost of electricity could keep miners from making profits on the digital currency.

Business Tech May 25, 2018

DirecTV Now Is Getting Beefier With Cloud DVR And New UI

A new announcement made by AT&T confirmed the arrival of its promised Cloud DVR service for DirecTV. The new update will allow users to record up to 20 hours of content and access them remotely with its new UI on iOS and tvOS.

Business Tech May 20, 2018

Snapchat Six-Second Ads Are Here, And You Can't Skip Them

The new type of advertisements that the company hinted about last month is now live on Snapchat. Unlike its predecessors, users can't skip the six-second ads.

Business Tech May 15, 2018

San Francisco, Chicago About To Get Amazon Go Cashierless Stores

Amazon Go, Amazon's cashierless convenience store, is coming to San Francisco and Chicago. The retailer confirmed the news after recently putting up an ad seeking for store managers for outlets in both cities.

Business Tech May 15, 2018

Chicago Man Re-Routed UPS Corporate Mails To His Apartment: How Did He Do It?

A Chicago man faces criminal charges after investigators recovered thousands of re-routed corporate mail in his apartment. He reportedly submitted a change of address request to update the corporate address of the corporate headquarters of UPS.

Business Tech May 12, 2018

FCC Fines Florida Man $120M For Spoofed Robocalls

The FCC issued its largest fine in history on Thursday, May 10, against a Florida-based man. The individual, identified as Adrian Abramovich, has been charged with making nearly 100 million spoofed robocalls in just three months.

Business Tech May 11, 2018

Elon Musk's First Loop Underground Tunnel In LA Almost Ready

The Boring Company confirmed that its 'Loop' tunnel under LA is close to completion. Reports claim Elon Musk's project will offer free rides during its testing period once everything is in place.

Business Tech May 12, 2018

Chinese Tech Company ZTE Shuts Down Operations: What Does This Mean For US Consumers?

China-based ZTE announced that it is shutting down major operations. The technology company could not compete due to an export ban from the United States.

Business Tech May 9, 2018

Did Dish Telemarketers Call You? You Might Be Owed Up To $1,200

A lawsuit against Dish Network confirmed that eligible individuals can collect $1,200 per call compensation. This is part of the $61 million awarded to people who were on the Do Not Call Registry but still contacted by the company's telemarketers.

Business Tech May 8, 2018

After Venturing Into Self-Driving Cars And Rockets, Elon Musk Is Ready To Start A Candy Company

Elon Musk has announced plans to start his own candy company. Is he actually being serious or just trolling Warren Buffett over the concept of moats?

Business Tech May 7, 2018

California Now The 5th Largest Economy In The World, Bigger Than United Kingdom

The Golden State now has the biggest economy in the world surpassing that of the United Kingdom. All of California's economic sectors contributed for its higher GDP except one.

Business Tech May 6, 2018

Verizon Pixel 2 XL 64GB, 128GB Now With $500 Discount At Best Buy

A deal offered by Verizon and Best Buy appears to be a great deal for buyers who want to upgrade their handsets. The discount gives consumers a total of $500 off the Google Pixel 2 XL with a few caveats.

Business Tech May 4, 2018

Most Southwest Flight 1380 Passengers Used Oxygen Masks Incorrectly: Here's How To Do It Properly During Emergency

Passengers of Southwest Airlines Flight 1380 shared how not to wear an oxygen mask. Listen to the instructions carefully to avoid passing out during an emergency landing.

Business Tech April 19, 2018

Passenger Live Streams Aftermath Of Southwest Plane Engine Explosion

A passenger was able to share videos on Facebook of what he and other passengers experienced inside the Southwest airline that exploded while on its way to Dallas. Investigators confirmed that the airplane has damage in its engine and fuselage.

Business Tech April 18, 2018

Amazon UK Employees Reportedly Peed In Bottles So They Wouldn't Get Fired For Taking Bathroom Breaks

An undercover author who infiltrated an Amazon warehouse has claimed that its workers pee in bottles for fear of getting penalized over bathroom breaks. Amazon, meanwhile, refuted the claims.

Business Tech April 18, 2018

T-Mobile Used 'False Ringtones' To Trick Customers Into Thinking Their Rural Calls Were Going Through

The court finally ordered T-Mobile to pay a fine of $40 million to the U.S. Treasury after it had found the company guilty. Consumers complained to the FCC about the network's actions that tricked rural subscribers with 'false ringtones' to simulate call completion.

Business Tech April 18, 2018

CEO Reed Hastings Says $8 Billion In Content Spending Isn’t Enough As Netflix Hits 125 Million Subscribers

Netflix plans to spend $8 billion on original content this year. It seems an obscene amount of money, but when you think of the streaming service’s 125 million subscribers and counting, it suddenly doesn’t seem all that much.

Business Tech April 17, 2018

New 3-Month $30 MoviePass Deal Gives You 4 2D Movies Per Month, Plus iHeartRadio All Access

Get iHeartRadio’s All Access on demand service plus four movies each month via MoviePass for just $30, valid for three months. The new model is both an attempt to get new customers and bleed less money.

Business Tech April 15, 2018

The Shocking Secrets Behind Tech Company Names Are Finally Revealed

There is a unique story behind the names of some of the leading tech companies in the world. Here are the origin stories for the names of 20 prolific tech companies today.

Business Tech April 22, 2018

'Void If Removed' Warranty Stickers Are Illegal, Warns The FTC: 6 Major Companies Get Warnings

The Federal Trade Commission is cracking down on companies that condition the warranty coverage to use specific parts or services. The FTC warned six major companies to stop such practices because they're illegal.

Business Tech April 12, 2018

Say Hello To Flippy, A Burger-Flipping Robot That May Soon Take Jobs From Humans

Caliburger just demonstrated its first automated grill chef named Flippy. According to the company, it is not meant to take away jobs from human workers.

Business Tech March 7, 2018

Want To Drive An Uber? New Study Reveals You Will Not Earn Much And Can Actually Lose Money

A new study published by MIT revealed the earning potential of ride-hailing services. Uber and Lyft drivers are earning less than minimum wage.

Business Tech March 5, 2018

Disney Unable To Stop Redbox From Selling Digital Download Codes

A judge hurt Disney's chances of winning a lawsuit against movie rental company Redbox. The judge says that Redbox selling Disney's digital download codes doesn't violate any restrictions.

Business Tech February 22, 2018

Google Sued Over Firing Software Developer For Speaking About Diversity And Harassment

A former Google employee sued the company for firing him back in November 2017 for making pro-diversity posts. Google, on its part, says it's just trying to eliminate harmful stereotypes.

Business Tech February 22, 2018

Error On Japanese Bitcoin Exchange Causes Prices To Drop To Zero For 20 Minutes

A glitch on a Japanese Bitcoin exchange caused the prices of various cryptocurrencies to drop to zero. Many took advantage of the opportunity to buy millions worth of cryptocurrencies.

Business Tech February 21, 2018

Coinbase Responds To Overcharges Incurred By Customers

Coinbase addressed the overcharging and unauthorized withdrawals from users accounts. It is now pointing the finger in the direction of credit card companies.

Business Tech February 20, 2018

South Korean Cryptocurrency Regulator Found Dead Amid Government Attemps To Reign Market

A South Korean official in charge of taking back control of the country's lucrative cryptocurrency market was found dead at his home on Sunday. He was working on legislation to take control of the cryptocurrency market.

Business Tech February 20, 2018

Steven Seagal Endorses Cryptocurrency Startup With Questionable Scheme

Steven Seagal was tagged as a brand ambassador for a cryptocurrency startup with a suspicious name and business plan. The action star is reportedly promoting the cryptocurrency as it heads towards its ICO.

Business Tech February 20, 2018

Atari Is Setting Its Eyes On Cryptocurrency With The Atari Token And Pong Token

Atari will make a bid on cryptocurrency with the launch of Atari Token and Pong Token. Rollout of the new Bitcoins remains unknown, but they are understood as the company’s entry to the digital entertainment and online casino platforms.

Business Tech February 16, 2018

HTC Smartphone Chief Resigns Effective Immediately, Citing 'Personal Career Plan'

HTC seems to be in a tough spot, as its smartphone chief just announced his resignation effective immediately. Chialin Chang is departing the company to pursue a 'personal career plan,' and HTC has yet to appoint a replacement.

Business Tech February 14, 2018

Amazon Is Laying Off Hundreds Of Employees As It Shifts Focus To Alexa, AWS

Amazon is cutting back on the number of employees on its Seattle operation. Hundreds will be laid off in the coming weeks, which the company said is part of adjustments to focus on growth-extensive businesses such as Alexa and AWS.

Business Tech February 12, 2018

Apple, LG Throwing Big Bucks To OLED Microdisplay Company For AR and VR Headsets

Major tech companies have invested in a small company in New York that makes OLED microdisplays. Apple, LG, and Valve have put in $10 million to eMagin for possible AR and VR headsets.

Business Tech February 13, 2018

Augmedix Is Transforming The Way Physicians Are Interacting With Their Patients

We recently had the opportunity to chat with Pelu Tran, President, Chief Customer Officer of Augmedix. He discussed the inspiration behind the company and how it formed, in addition to explaining how Augmedix works.

Business Tech February 19, 2018

How Top Uber Lawyer Tony West And CEO Dara Khosrowshahi Convinced Waymo To Accept $250 Million Settlement

The nasty legal fight between Uber and Waymo over self-driving technology has officially come to a close, with Uber settling for $245 million. How did that happen?

Business Tech February 11, 2018

Sorry, Broadcom: Qualcomm Isn’t Giving In On Your $121 Billion Acquisition Offer

Qualcomm has once again rejected Broadcom’s takeover bid, regardless of the significantly increased purchase price at $121 billion. But the shareholders might have a final say early March.

Business Tech February 9, 2018

Twitter Still Loses Users In US, But Has Its First Profitable Quarter In 12 Years

Twitter posted its financial results and for the first time in 12 years, it actually had a profitable quarter. On the downside, the social network is still losing users in the United States.

Business Tech February 9, 2018

Amazon Prime Now Adds Whole Foods Groceries For Free 2-Hour Delivery

The Amazon Prime Now delivery service now covers Whole Foods groceries as well, with free two-hour deliveries. The option is only available in four markets for now, but Amazon plans to expand it nationwide.

Business Tech February 8, 2018

Broadcom Lays Down Best And Final Offer To Acquire Qualcomm At $121 Billion

Broadcom is now offering $121 billion to buy Qualcomm, after the chipmaker rejected its initial acquisition offer. That new price is its 'best and final' offer.

Business Tech February 6, 2018

Nintendo Switch Sales Top Wii U: Company Posts Best Q3 In 8 Years

Nintendo Switch sales drove the highest third-quarter operating profit the company has seen in eight years. Nintendo has now raised its forecast for both profit and sales.

Business Tech January 31, 2018

Amazon Is Tackling Healthcare With Help From JPMorgan Chase And Warren Buffett

Amazon, Berkshire Hathaway, and JPMorgan Chase are teaming up to provide their employees with an independent healthcare company. The healthcare company is described as a long-term plan.

Business Tech January 30, 2018

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