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Sex Trafficking Sting Finds Microsoft, Amazon Workers As Clients

A sex trafficking sting made interesting reveals including the fact that employees from Microsoft, Amazon, and other tech companies used their work emails to buy prostitution services. The companies say it's against their policies.

Business Tech December 26, 2017

Bitcoin's Price Drops Sending Panic In The Cryptocurrency Market

Cryptocurrency is a volatile investment. With prices soaring people who recently bought into the market are experiencing a hard crash.

Business Tech December 25, 2017

Facebook Strikes Deal With Universal Music Group So You Can Put Songs In Videos

Facebook just made a deal with Universal Music Group. This means that soon, Facebook users will be able to upload videos with copyrighted music and not get taken down afterward.

Business Tech December 24, 2017

South Korea Investigates Possible Involvement Of North Korea In Latest Bitcoin Hack

Authorities suspect North Korea is involved in the latest cyber attack incident. Hackers targeted a South Korean cryptocurrency exchange company named Youbit, which filed for bankruptcy after the attack.

Business Tech December 22, 2017

Amazon Files ‘AmazonTube’ Trademark Amid Google YouTube Feud

The Amazon and Google battle has gone a step further with Amazon filing a trademark for “AmazonTube.” This came after Google pulled YouTube service from Amazon devices.

Business Tech December 23, 2017

Uber Classified As Transport Service In Europe: Why Is This Bad For The Company?

The Court of Justice of the European Union just issued its final verdict in a multi-year case, classifying Uber as a transport service. This means that Uber has to comply with tighter transport regulations in the EU Member States.

Business Tech December 20, 2017

iPhone X Will Make Samsung Up To $22 Billion Richer In 2018

Samsung's projected earnings are estimated to reach up to $22 Billion in 2018. Apple continues to source its OLED components from the aforementioned company for the iPhone X.

Business Tech December 21, 2017

Virgin Hyperloop One Sets New Speed Record

The team behind the Virgin Hyperloop One startup announced their latest milestone. The energy-efficient experimental transport system reportedly broke its previous speed record.

Business Tech December 21, 2017

YouTube Will Be The New Spotify: Paid Service Likely Coming Soon After Deals With Universal, Sony

Heads up, Spotify, Apple Music, and Tidal: YouTube is going to enter the already-crowded music streaming space. The company has just signed a deal with two top music labels, indicating a possible 2018 launch.

Business Tech December 20, 2017

HQ Trivia Is Having Some Fundraising Woes Because One Of Its Founders Is Allegedly ‘Creepy’

HQ Trivia cofounder Colin Kroll has exhibited creepy behavior toward women colleagues, on top of bad managerial practices, according to sources. As a result, investors are stepping away from investing in the app.

Business Tech December 19, 2017

Magic Leap Working With Sigur Rós For Experimental Mixed Reality Music Project

The secretive Magic Leap just demoed an interactive music experience that it designed with Icelandic rock band Sigur Rós. Per usual, the mixed reality company is tight-lipped on specific details about its hardware.

Business Tech December 20, 2017

Ex-Employee Accuses Uber Of Data Scraping, Wiretapping, And Physical Surveillance To Gain Competitive Advantage

The court received new evidence that revealed some of Uber's unlawful activities. Another ongoing investigation plans to use the evidence for the company's lawsuit with Waymo.

Business Tech December 16, 2017

Amazon, Google Playing Nice: Chromecast Back At Amazon As Talks To Keep YouTube On Fire TV Commence

Amazon and Google are in 'productive discussions' as Chromecast product listings go up on Amazon again. That could mean that YouTube is going to stay on the Fire TV and return to the Echo Show.

Business Tech December 15, 2017

Tidal Music Streaming Service Reportedly Struggling, Only Has Enough Money To Last 6 Months

Music streaming service Tidal is in dire financial straits, reports say. Apparently, the company has only enough money to last six months, despite a sizeable investment from Sprint earlier this year.

Business Tech December 14, 2017

Uber Rider Charged $14,000 For A 20-Minute Trip That Should've Cost Around $20 Only

Uber charged a rider in Canada 18,000 Canadian dollars or $14,000 for a 20-minute trip. The 5-mile ride was supposed to be around $20 only.

Business Tech December 13, 2017

Apple Confirms Shazam Acquisition For An Undisclosed Amount: What Now?

Rumors of an Apple acquisition of Shazam started circling last week, and Apple has now confirmed the deal. The company has not disclosed the financial details but says it has 'exciting plans in store.'

Business Tech December 12, 2017

General Electric To Cut 12,000 Jobs In Bid To Stabilize Its Power Unit

Amid dwindling demand for fossil fuel-based energy sources, General Electric is trying to refocus and stabilize its power unit. In the process, GE plans to cut 12,000 jobs from its global power business.

Business Tech December 7, 2017

Former Volkswagen Manager Gets Maximum Prison Sentence And Fine For 'Dieselgate' Emissions Fraud

Former Volkswagen executive Oliver Schmidt got seven years in prison and a $400,000 fine for his role in the 'Dieselgate' emissions fraud. The executive had made a plea deal back in August and this was the maximum sentence under plea.

Business Tech December 7, 2017

Mozilla And Oath Headed To Court Over Firefox Default Search Engine Switch From Yahoo To Google

Mozilla decided to walk away from a contract with Yahoo and switch the Firefox default search engine to Google. The move triggered a lawsuit from Oath, which now includes Yahoo, with Mozilla firing back with a complaint of its own.

Business Tech December 6, 2017

Facebook Rules Glassdoor's List Of '2018 Best Places To Work'

Facebook was again included in Glassdoor's list of the 'best places to work' in 2018. The social media giant managed to nab the top spot across various industries beating the likes of Google, HubSpot, and LinkedIn.

Business Tech December 7, 2017

The Winklevoss Twins Now Bitcoin Billionaires

The Winklevoss Twins, who became famous when they sued Facebook founder Mark Zuckerberg in 2004, are now officially Bitcoin billionaires as bitcoin trading surged over 10,000 percent during the final week of November.

Business Tech December 4, 2017

Thanks, Elon Musk: Australia Turns On Biggest Lithium-Ion Battery In The World

Elon Musk's largest lithium-ion battery installation in South Australia is now up and running. The clean energy project is set to provide power to not less than 30,000 homes across the region.

Business Tech December 2, 2017

Elon Musk Denies He Is Bitcoin Inventor Satoshi Nakamoto

Elon Musk as the creator of bitcoins steers up again. A former SpaceX intern blogged about the possibility that Elon might be the real Satoshi Nakamoto.

Business Tech December 2, 2017

Uber Allegedly Had A Team Dedicated To Stealing Trade Secrets; Waymo Trial Delayed

A former staffer claimed that Uber had a team dedicated to stealing trade secrets, with employees using a messaging system that left no paper trail. U.S. District Judge William Alsup then indefinitely postponed the trial between Uber and Alphabet's Waymo.

Business Tech November 29, 2017

SoftBank Wants To Buy Uber Shares At 30 Percent Off: Should Uber Investors Take The Offer?

SoftBank and a group of investors are looking to buy Uber shares at a price that values the ride-hailing company at a 30 percent discount. According to an analyst, the low price takes into consideration all the controversies surrounding Uber.

Business Tech November 28, 2017

Epic Games Sued A 14-Year-Old Over 'Fortnite' Cheating: Teen's Mom Strikes Back

Epic Games sued a 14-year-old minor for cheating in video game 'Fortnite,' but the teen's mother is fighting back. She said her son is being used as a 'scapegoat,' and highlights that the game developer violated state laws.

Business Tech November 28, 2017

Online Shoppers Spent $5.03 Billion On Black Friday 2017, But Cyber Monday Will Be Crazier

Online sales reached $5.03 billion for Black Friday 2017, according to a report published by Adobe Digital Insights. The number is a record figure, but things are expected to become even crazier for Cyber Monday 2017.

Business Tech November 26, 2017

Amazon Cyber Monday 2017 Deals Unveiled: Enjoy Discounts On Echo Speakers, Fire Tablets, Kindle E-Readers, And More

The Amazon Cyber Monday 2017 deals have been announced, including discounts for the Amazon Echo smart speakers, Amazon Fire tablets, and Amazon Kindle e-readers. Customers can enjoy the offers as soon as Nov. 26, Sunday.

Business Tech November 26, 2017

Uber Revealed Massive Hack To SoftBank First Before Going Public, Because $10 Billion

SoftBank conducted a due diligence investigation before pouring billions of dollars in Uber, and secrets came out. Uber told SoftBank about its 2016 data breach before disclosing it to consumers and regulators.

Business Tech November 25, 2017

FTC Now ‘Closely Evaluating’ Massive Uber Data Breach, European Regulators Are On It, Too

It appears investigations are now being prompted after Uber’s shocking data breach revelation. In 2016, 57 million Uber accounts were put at risk, and the company paid hackers ransom money to keep quiet about the incident.

Business Tech November 24, 2017

Best Buy Best Black Friday Deals 2017: Big Discounts On Apple MacBook Air, iMacs

Best Buy is offering a MacBook Air and a couple of iMacs at discounted prices in celebration of Black Friday. For just $1,099, get yourself the 21-inch 4K Retina Display iMac with 1 TB of storage.

Business Tech November 23, 2017

Tesla Beats 100-Day Deadline To Make World's Largest Lithium Ion Battery (And Elon Musk Wins $50M Bet)

Tesla's Elon Musk has won the bet to create world's largest lithium-ion battery power project in South Australia. With this Elon Musk has kept his promise and will take home $50 million for the completed project.

Business Tech November 24, 2017

FTC Puts TripAdvisor Under The Microscope Following Reports It Removed Rape Warnings

TripAdvisor is under the scanner of Federal Trade Commission for misconduct. Users have claimed that TripAdvisor deleted their comments on businesses that caused harm to the travelers.

Business Tech November 24, 2017

Hewlett Packard Enterprise CEO Meg Whitman To Step Down In 2018

Hewlett Packard Enterprise will have a new CEO early next year. Meg Whitman, who was responsible for splitting HP into two, has announced that she’s going to exit the company to take some time off.

Business Tech November 23, 2017

Amazon Black Friday 2017 Kindle Deals Now Online, Plus Fire Tablets And Dash Buttons

Amazon started its Black Friday 2017 deals early with discounts for Kindle e-readers, Fire Tablets, and Dash Buttons. The offers will last through Black Friday and end on Nov. 28, at 2:59 a.m. ET.

Business Tech November 19, 2017

Law Enforcers Serve Apple Search Warrant For Texas Gunman’s iPhone: It’s Apple vs FBI All Over Again

Apple has been served a warrant to unlock the phone that belonged to a shooter responsible for killing 26 people in Texas. But like its tussle with the FBI over the San Bernardino case, Apple may not relent.

Business Tech November 20, 2017

Xiaomi Expands To US Market With New Products On Amazon: Still No Phones, Though

Xiaomi has begun selling a variety of products via Amazon including headphones, a 360-degree camera, and power bank, and a robot kit, further expanding its U.S. presence. But where are the new Xiaomi smartphones?

Business Tech November 20, 2017

Qualcomm Rejects Broadcom Takeover: Apparently, $105 Billion For The Largest Tech Acquisition In History Is Not Enough

Qualcomm rejected the $105 billion takeover of Broadcom. The deal would have been the biggest tech acquisition ever, but Broadcom is not backing down from its plan to buy the chipmaker.

Business Tech November 14, 2017

SoftBank To Make Massive Uber Investment: Will This Solve The Ride-Hailing Company's Problems?

SoftBank, the Japanese multinational corporation that purchased Sprint in 2013, will make an up to $10 billion investment into Uber. How will its new investor help solve Uber's long list of problems?

Business Tech November 13, 2017

Apple Faces Patent Infringement Suit Over iPhone 7 Plus, iPhone 8 Plus Dual-Lens Cameras From Israel Start-up Corephotonics

Apple is being hit with a patent infringement suit by Israeli start-up Corephotonics. According to the lawsuit, the cameras on the iPhone 7 Plus and iPhone 8 Plus infringe on four patents.

Business Tech November 8, 2017

Broadcom Offers $130 Billion To Buy Qualcomm In Biggest Tech Acquisition Ever

Broadcom has offered to buy Qualcomm in a deal worth $130 billion. If it pushes through, this will be the largest tech acquisition in history, eclipsing Dell's $67 billion purchase of EMC in 2015.

Business Tech November 6, 2017

Broadcom May Offer $100 Billion To Acquire Qualcomm As Its Battle With Apple Intensifies

As Apple’s potential pullout of Qualcomm components become increasingly possible, the chipmaker needs to see what the future holds. Does that future include a $100 billion acquisition offer by Broadcom?

Business Tech November 4, 2017

Qualcomm Sues Apple For Allegedly Giving Intel ‘Unprecedented Access’ To Proprietary Chip Tech

Apple and Qualcomm are fighting again, but their war never really stopped in the first place. Qualcomm is now accusing Apple of breaching its contract and allowing an Intel engineer to see the chipmaker’s proprietary technology.

Business Tech November 4, 2017

Dell Kicks Off Early Black Friday Sale: Get Laptops For As Low As $130, And More

Dell has opened its Black Friday sale early, offering a smattering of laptops and gear from other brands for very low prices. Early access ends at Nov. 3, so make sure to buy one now if you find anything interesting.

Business Tech November 2, 2017

Black Friday 2017 Ads From JCPenney, Costco Leaked: Here Are The Best Deals

The Black Friday 2017 advertisements of JCPenney and Costco have been leaked. Taking a look at the offers, it appears that the PlayStation 4 and the Xbox One will be trending in the upcoming shopping holiday.

Business Tech November 2, 2017

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