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Facebook Buys Government ID Verification Startup Confirm.io: Buh-Bye, Fake Accounts?

Facebook acquired Confirm.io, a government ID authentication startup. The move should boost security on the social network and make the Facebook community safer.

Business Tech January 26, 2018

UberEats Buys David Chang’s Food Delivery Service Ando

UberEats acquired David Chang’s delivery food service startup Ando. The company announced it will cease operations immediately. The move could signal the service’s first step into food preparation.

Business Tech January 24, 2018

Netflix CEO Not Afraid Of Potential Disney Streaming Service: ‘I’ll Be A Subscriber’

Disney is planning to launch its own video-streaming service in 2019, with the help of its recent acquisition, 21st Century Fox. Its biggest rival Netflix isn’t fazed.

Business Tech January 23, 2018

Netflix Price Hike Didn't Matter: Over 8 Million New Subscribers Added In Record-Breaking Q4

Netflix increased its subscription rates in October 2017, but that did not hold back the streaming service from booking a record-breaking quarter. The company added 8.4 million new subscribers in the period and posted a net income of $186 million.

Business Tech January 23, 2018

South Korea Plans To Hit Bitcoin Exchanges With Taxes

South Korea, still fighting with its massive cryptomarket, now plans to tax its bitcoin exchanges. South Korea continues its fight to regulate the market after previously discussing a possible ban on bitcoin.

Business Tech January 23, 2018

Amazon Go Seattle Ready To Open: What Is It Like To Shop At The No Checkout Store?

The first Amazon Go grocery store in Seattle is finally ready to open to the public. How does the cashless, no-checkout store work, and what is it like to shop there?

Business Tech January 21, 2018

Amazon Prime Membership Fee Increases $2 To $12.99 Per Month: Time To Switch To The Annual Plan?

Amazon increased the monthly rate of an Amazon Prime membership to $12.99, for a total of $156 over a year. The move may be the online retailer's way of pushing customers to an annual subscription, which remains at $99.

Business Tech January 21, 2018

Amazon HQ2: Toronto Is The Only Canadian City On The Shortlist, But Does It Stand A Chance?

Amazon announced its list of 20 finalists in the race for HQ2 and Toronto is the only Canadian city still in the running but does it stand a chance? Here's what experts are saying.

Business Tech January 19, 2018

Uber Officially Closes Deal With SoftBank, Ballooning Travis Kalanick’s Net Worth

Japanese corporation SoftBank has officially completed a multi-billion dollar investment to Uber. The sale includes an additional $1.25 billion investment directly into the ride-hailing company.

Business Tech January 19, 2018

Amazon Announces Shortlist Of 20 Finalists For Second Headquarters

The sweepstake for which city will get Amazon's second headquarters has narrowed down. Amazon announced the shortlist for the new headquarters which includes New York, Boston, and Denver.

Business Tech January 18, 2018

Emirates Orders Up To 36 Airbus A380s Planes Worth $16B, Ending Shutdown Concerns

Emirates struck a new deal with Airbus, agreeing to order up to 36 A380 planes worth $16 billion. The airline agreed to 20 firm orders, with the option to get 16 more.

Business Tech January 18, 2018

Apple, Google Buses For Employees Attacked In San Francisco: Windows Smashed By Pellet Guns

Buses for Apple and Google employees have been attacked in San Francisco, forcing the tech companies to change the route of the shuttle services. The unknown assailants may be using pellet guns to smash the windows of the buses.

Business Tech January 18, 2018

Rounding Up The Theories For The Current Cryptocurrency Market Crash

Cryptocurrency has not had a good month. Fortunes seemed to be on the rise until an unexpected crash occurred at the end of last year, taking the winds out of the sails of the cryptocurrency market.

Business Tech February 1, 2018

Nestlé Sells US Candy Business To Nutella Maker Ferrero In $2.8B Deal

Nestlé announced a new agreement to sell its U.S. confectionery business to Italian firm Ferrero. The deal is worth $2.8 billion in cash and it's expected to close by the end of the quarter.

Business Tech January 17, 2018

Sorry, Google: Slack Offers The Best Software Products In The US In 2018

Slack has been rated the best software company with the top products in the US, according to G2 Crowd. Meanwhile, Apple, Facebook, and Twitter fell off the list.

Business Tech January 20, 2018

IBM And Maersk Teaming Up To Create New Blockchain Company

IBM and the Danish shipping company Maersk will be teaming up to start a New York-based blockchain company. Maersk will own 51 percent, while IBM will own 49 percent of the new company.

Business Tech January 17, 2018

CVS To Stop Altering Photos For Beauty Products: CVS Beauty Mark To Counter Unrealistic Body Images

CVS announced a new initiative to drive more transparency regarding materially altered photos of beauty products. The company will implement a new CVS Beauty Mark in an effort to counter unrealistic body images.

Business Tech January 16, 2018

Jeff Bezos Donates $33 Million To Fund Scholarships For Dreamers

Jeff Bezos makes a $33 million donation to charity in order to send qualified undocumented immigrants to college. The Amazon CEO apparently wanted to honor his father, who was also an immigrant, with this gesture.

Business Tech January 13, 2018

Dropbox Is Going Public, Privately Valued At $10 Billion

Dropfox filed for its IPO confirming that it will be going live this year. The file-sharing company is valued at $10 billion, which many have said is overvalued.

Business Tech January 12, 2018

South Korea May Be Looking To Ban Cryptocurrency Trading

One of the largest markets in the world supporting Bitcoin and other cryptocurrencies is considering legislation to ban it. South Korea might pass a new law that bans the trading of cryptocurrencies.

Business Tech January 13, 2018

Hate Working Out? Black Box VR Inspires Gamers To Exercise At The Gym

Looking for something that could make working out more fun? Say, fighting off enemies in virtual reality while doing body-building movements at the gym? Black Box VR inspires gamers to exercise at the gym.

Business Tech January 11, 2018

Best Highest Paying Jobs In Business And Technology For 2018

In 2018, business and technology continue to dominate some of the best jobs available today in America. Those looking for a new job this year may want to check out the best highest paying jobs in America for 2018.

Business Tech January 11, 2018

Kodak Is Creating Its Own Cryptocurrency Called Kodakcoin

Kodak announced plans to launch its own cryptocurrency called Kodakcoin. It also confirmed the launch of a new image platform for photographers and agencies to license images.

Business Tech January 11, 2018

Jeff Bezos Now Richer Than Bill Gates As Net Worth Jumps Over $105B

The net worth of Amazon founder Jeff Bezos has continued to climb. Bezos's latest net worth surpassed the $105 billion mark, higher than Bill Gates's net worth ever was.

Business Tech January 11, 2018

Another Factory Worker Commits Suicide At iPhone Maker Foxconn Factory

A Chinese worker at an iPhone manufacturing factory committed suicide on Saturday. This is not the first suicide at the Foxconn factory, which is renewing scrutiny into the company's working conditions.

Business Tech January 9, 2018

As Bitcoin Value Tumbles, Dogecoin Sees Market Cap Rise

Dogecoin may not have a serious name but the cryptocurrency's market cap is increasing. Once dominant Bitcoin continues to see its value fall as altcoins keep rising.

Business Tech January 8, 2018

Major Silicon Valley Trade Group, The Internet Association, Says It Will Sue FCC Over Net Neutrality

The fight over net neutrality continued to heat up as major Silicon Valley trade group, The Internet Association, said it will sue the FCC. It represents companies like Facebook, Google, and Netflix.

Business Tech January 7, 2018

GoPro Karma Drone Disaster Leads To Hundreds Of Layoffs: Maybe GoPro Should Stick To Cameras?

TechCrunch learned that GoPro is laying off hundreds of workers this week. The downsizing largely affects the company's aerial division, which is responsible for the creation of the Karma drone.

Business Tech January 7, 2018

Google Invests In China With Entrance Into eSports Streaming

Google's new plan regarding China has nothing to do with the search engine. It will be investing in the Chinese eSports streaming platform, Chushou.

Business Tech January 7, 2018

Former Uber CEO Travis Kalanick Selling Large Portion Of His Shares Of Uber Stock

Former CEO of Uber Travis Kalanick will be off-loading a large portion of his shares in the company. Kalanick originally wanted to sell half of but will instead let go of one-third of his shares in Uber.

Business Tech January 6, 2018

AT&T To Roll Out 5G By Late 2018, And It's Not All About Faster Speeds

A recent report confirmed AT&T's plans to become the first carrier to offer 5G connectivity. The company plans to launch its new wireless standard later this year.

Business Tech January 4, 2018

Google Might Be Selling Off Yelp Competitor Zagat: Does It Even Ring A Bell?

Google is selling yet another one of its previous acquisitions. This time it’s Zagat, a restaurant listing and review service it purchased back in 2011.

Business Tech January 4, 2018

Microsoft Acquires Hybrid Storage Tech Company Avere Systems

Microsoft continues to make a large push into cloud computing. This time, the company bought Pittsburgh-based hybrid storage tech company Avere System to beef up Azure.

Business Tech January 4, 2018

Amazon And Google Likely Lost Money On Discounts To Home Assistants During Holiday Season

In order to build brand loyalty and look toward future purchases, Google and Amazon deeply discounted their smart speakers. This move, while gainful in the long term, means short-term losses.

Business Tech January 5, 2018

Major Music Publisher Files $1.6 Billion Lawsuit Against Spotify Ahead Of The Streaming Service Going Public

Wixen Music Publishing filed a lawsuit against Spotify, seeking $1.6 billion in damages. The legal action is bad news for the music streaming service, which is going public this year at a value of as high as $20 billion.

Business Tech January 3, 2018

Amazon Prime 2017: 5 Billion Items Shipped Worldwide, And The Rise Of The Instant Pot

Amazon shipped more than 5 billion items worldwide under its Amazon Prime membership program in 2017. The Amazon Prime Best of 2017 announcement also highlighted the rise in popularity of the Instant Pot, among several other interesting tidbits.

Business Tech January 3, 2018

Ripple Rises To Become Second Most Valuable Cryptocurrency

Bitcoin continues to dominate the market for cryptocurrency, but recently, Ripple rose to become the second most valuable cryptocurrency. It recently overtook Ethereum in market share.

Business Tech January 3, 2018

Gene Munster Predicted Amazon Is Buying Target In 2018

Tech analyst Gene Munster is predicting that Amazon will buy Target in 2018. Amazon already bought Whole Foods, and according to the prediction, it's not done with traditional retailers.

Business Tech January 3, 2018

Smart Lock Startup Otto Forced To Suspend Operations: What Happened?

Smart lock startup Otto had no choice but to suspend its operations for now after its plans went wrong. The smart lock won't ship as scheduled at all, so here's what happened.

Business Tech January 2, 2018

There's A 40 Percent Likelihood Apple Might Buy Netflix, Say Citi Analysts

Financial analysts predicted a 40 percent chance that Netflix will be acquired by Apple. Donald Trump's tax reform will likely spur the company to buy out the video streaming service.

Business Tech January 4, 2018

Trump vs Amazon: President Urges US Postal Service Charge Higher Postage Fees

President Trump is continuing his battle with Amazon. This time Trump takes to Twitter to share some grievances he has with Amazon and the United States Postal Service.

Business Tech January 1, 2018

Amazon Bought Smart Camera And Doorbell Startup Blink To Boost Its Smart Home Efforts: What To Expect

Amazon recently acquired Blink, a startup that makes smart cameras and video doorbells. The company is expected to expand its ecosystem and dive deeper into the smart home market, which is estimated to grow to $53.45 billion by 2022.

Business Tech December 31, 2017

Bitcoin's Price Drop Triggers South Korea To Make Changes

Bitcoin's recent volatility after a period of sharp rises is forcing South Korea to make changes. The cryptocurrency's widespread popularity in the country worries lawmakers.

Business Tech December 30, 2017

Real Shocker: Pennsylvania Woman Gets $284 Billion Electricity Bill

A system error reportedly generated a $284 billion electricity bill for a Pennsylvania resident. The power company eventually confirmed that it was an incorrect amount caused by an unknown glitch.

Business Tech December 29, 2017

Apple Gives Tim Cook A Big Raise, Requires CEO To Fly Private

Apple just awarded Tim Cook with a huge pay hike. The CEO will be also be required to travel by private jet moving forward.

Business Tech December 28, 2017

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