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Pay Gap In Medicine: Female And Minority Doctors Earn Much Less Than Their Peers

According to Medscape’s Physician Compensation Report for 2017, male primary care doctors earn more than their female counterparts. The gender pay gap in medicine is also seen in those with specializations and among ethnic groups.

Business Tech April 6, 2017

Boeing, JetBlue Invest In 'Tesla For The Air' Startup Zunum Aero: Hybrid Electric Airplane By 2020s?

Boeing and JetBlue made separate investments into Zunum Aero, a startup described as 'Tesla for the Air.' The company is looking to significantly reduce the costs of short-haul flights through the development of hybrid electric aircraft.

Business Tech April 6, 2017

Twitter Loses Out To Amazon Over $50 Million NFL Thursday Night Football Streaming Deal

Amazon has officially inked a deal with NFL to stream Thursday Night Football games live on Amazon Prime. It beat out Twitter, which streamed last year’s games as a way to boost its live video platform.

Business Tech April 5, 2017

Tesla Surpasses Ford Market Value As Stock Borders On $300: Here Are The Factors Driving Company's Growth

Tesla's market value officially outpaces Ford because of the record vehicle deliveries in Q1 of 2017, with the electric car maker's stock bordering on $300.

Business Tech April 4, 2017

Yahoo, AOL To Merge Into New Company Named 'Oath' After Verizon Acquisition

After the completion of the acquisition by Verizon, Yahoo and AOL will merge to form a new company named Oath. The name, first reported by Business Insider, was later confirmed by AOL CEO Tim Armstrong.

Business Tech April 3, 2017

#20PercentCounts: Sheryl Sandberg-Led LeanIn.Org Launches Equal Pay Day Campaign

Lean In marks this year’s Equal Pay Day through an innovative campaign called #20PercentCounts. Dedicated to women, who typically earn 20 percent less than men, this campaign offers the same percentage in shopping discounts.

Business Tech April 3, 2017

Samsung Plans To Spend $8.9 Billion To Beef Up OLED Production

Samsung is planning on spending $8.9 billion to increase OLED production and meet the demand of the market, which includes the alleged deal with Apple for 160 million panels that'll be fitted on the iPhone 8.

Business Tech April 3, 2017

Google vs. Uber Plot Twist: Uber Exec Anthony Levandowski Invokes Fifth Amendment Rights Against Self-Incrimination

The case between Google's Waymo and Uber has taken an interesting turn, as Uber executive Anthony Levandowski has invoked his Fifth Amendment rights. Waymo accused Levandowski of stealing confidential documents and asserting the Fifth seems to acknowledge criminal liability.

Business Tech March 31, 2017

Oculus Cofounder Palmer Luckey Is Officially Leaving Facebook, Just A Year After The Rift Launched

It’s official: Palmer Luckey is leaving Facebook, three years after Facebook acquired the company he cofounded. The exit follows Luckey’s thinning public appearances, high-profile lawsuits, and a recent corporate shakeup.

Business Tech March 31, 2017

Google’s Waymo Unit Reportedly Sought Arbitration Before Suing Uber Over Allegedly Stolen Self-Driving Technology

Google’s driverless technology unit, Waymo, reportedly pursued arbitration against a former engineer for allegedly betraying the company, according to a court filing. This happened months before Google officially sued Uber for trade secret theft.

Business Tech March 30, 2017

Amazon Shutting Down Diapers.com And Other Quidsi Sites, Cites Lack Of Profits As Main Reason

Amazon has announced that it’s officially shutting down Quidsi, which still stands as one of its largest acquisitions ever. An analyst speculates that the move might be Amazon’s way of pulling Quidsi users into its own ecosystem.

Business Tech March 30, 2017

Uber Shutting Down Ride-Hailing Services In Denmark Over New Taxi Law

Uber has announced that it’s planning to shut down its services in Denmark in light of new taxi laws and regulations in the country. The exit would leave 2,000 Uber drivers and 300,000 Uber app users estranged.

Business Tech March 29, 2017

Tencent Buys 5 Percent Stake In Tesla For $1.78 Billion As Chinese Electric Car Market Booms

Tencent, best known for its WeChat messaging app, purchased a 5 percent stake in Tesla for $1.78 million. The move will help Tesla expand its presence in China, where electric vehicle sales growth has been the highest for the company.

Business Tech March 29, 2017

Uber Publishes First Diversity Report: The Company Is Mostly White And Male

Uber has now published its first-ever diversity report after numerous workplace allegations painted a bleak picture of its internal operations. The results are, well, unsurprising.

Business Tech March 28, 2017

Elon Musk Wants To Fuse Artificial Intelligence And Your Brain Together With His New Company Neuralink

Elon Musk, with a new company called Neuralink, plans to plug artificial intelligence into our human brains. How he’ll do this is up for speculation at present, though the top-rank individuals hired to be part of the company sounds promising.

Business Tech March 28, 2017

GameStop To Close Nearly 150 Retail Stores Worldwide In 2017

GameStop announced that it will shut down 150 retail stores globally, because of decline in sales. The revenue loss is attributed to fierce competition by online shopping websites and aggressive promotion by other retailers.

Business Tech March 27, 2017

United Airlines Stops Two Teenage Girls From Boarding Flight For Wearing Leggings

Two teenage girls were stopped from boarding their United Airlines flight because their leggings were deemed inappropriate by the gate agent. The incident has sparked outrage and sexism allegations across social media.

Business Tech March 27, 2017

Jobs At Risk Of Automation: The Likelihood Of Human Workers Being Replaced By Robots In Different Countries (PwC)

Millions of workers could lose their jobs to robots and artificial intelligence in the future, with some more at risk than others. Roughly 38 percent of U.S. jobs might be at risk of automation, a new PwC report reveals.

Business Tech March 24, 2017

Tesla Honored As 2017’s ‘Battery Innovator Of The Year’ At The International Battery Seminar

International experts in the field of battery research recognized Tesla’s contributions and cutting-edge innovations in battery technology. Tesla exec and battery expert says it’s all about implementation.

Business Tech March 24, 2017

FCC Cracks Down On Billions Of Robocalls Every Month, Allows Phone Companies To Easily Block Them

In its new proposed rules released March 23, FCC said it would push for phone companies to target as well as block illegal robocalls. There are about 2.4 billion of these calls every month, many of which are fraudulent.

Business Tech March 24, 2017

Investigators Probe North Korea Link To $81 Million Bangladesh Bank Heist

Investigators are probing a potential North Korea link to the $81 million Bangladesh bank heist. This is due to similarities in the code used in the online heist and in an earlier Sony Pictures hack.

Business Tech March 24, 2017

Twitter Paid Subscription Service For Public Figures And Business May Soon Launch

Twitter is reportedly considering a paid subscription service for an improved Tweetdeck, targeting power users. The premium tool, as described in a released survey, will make it easier for public figures and companies to manage their accounts.

Business Tech March 24, 2017

Wheelys 247: Meet Shanghai's Unmanned, High-Tech Retail Store

Swedish company Wheely just opened their unmanned retail store in Shanghai. The start-up opened their store doors before Amazon Go brings the new retailing craze to China.

Business Tech March 25, 2017

Alaska Airlines Drops Virgin America Brand in 2019, But Keeps Carrier's Popular Features

In its bid to dominate the U.S. West Coast, Alaska Airlines will retire the Virgin America brand by the end of 2019. The move was announced just three months after the acquisition of the Richard Branson-led carrier.

Business Tech March 23, 2017

Uber CEO Musters Board’s Support: Overhaul Of Corporate Culture And New COO On The Way

Uber CEO Travis Kalanick has been assured support by the board in tackling the company’s challenges at the image front following allegations against business practices. The board also said it is taking steps to overhaul Uber's corporate culture.

Business Tech March 23, 2017

Airbnb China Expansion Brings New Name And Hefty Investment: Meet 'Aibiying'

Airbnb has announced a major push for China, doubling down on its efforts and rebranding itself in the country. Airbnb will be called 'Aibiying' in China, which means 'welcome each other with love.'

Business Tech March 22, 2017

Forbes Richest List: These Cities Are Home To The Most Billionaires

The Forbes billionaires list spans six continents as well as 71 countries and territories. When it comes to city distribution, New York occupies the top spot with 82 billionaires and a combined net worth of $397.9 billion.

Business Tech March 22, 2017

Uber Promises To Change After Storm Of Controversy: Will The Company Survive The Scandals?

In a special press call hosted by board member Arianna Huffington, Uber promised that changes are coming to the ride-hailing company amid the storm of controversy surrounding it. Will Uber survive through the ordeals?

Business Tech March 22, 2017

Donald Trump Net Worth Drops By $1B In Forbes' 2017 Billionaires List

Forbes released its latest world's billionaires list and it looks like U.S. President Donald Trump is $1 billion lighter than he was. Trump's net worth dropped 208 spots down the list, now ranking at No. 544.

Business Tech March 21, 2017

Uber President Jeff Jones Quits, Cites Differences Over Leadership As Reason For Exit

Uber’s Jeff Jones has now resigned as the president of the ride-hailing company, citing differences over his own leadership principles and Uber’s. His exit follow Uber’s string of high-profile departures recently.

Business Tech March 20, 2017

Local Energy Companies Compete Against Elon Musk To Solve South Australia’s Energy Crisis

Elon Musk’ bet that Tesla can solve Australia’s energy crisis in 100 days gains competition from local companies that want a shot at saving their nation.

Business Tech March 19, 2017

Tesla Model 3: Elon Musk Wants Delivery To Take Just 5 Minutes

Questions regarding Tesla’s plan to maximize the production and delivery of the upcoming Model 3 EV have been raised frequently. Elon Musk has now shared plans which reveal that the delivery of the Model 3 could take a mere 5 minutes.

Business Tech March 18, 2017

Lack Of Oxford Comma Leads Truck Drivers To Win Overtime Dispute Against Maine Company

The lack of the Oxford comma could lead Oakhurst Dairy to lose an estimated $10 million to its truck drivers. The class-action lawsuit centers on overtime pay being disputed based on the lack of a comma in an exemption clause.

Business Tech March 17, 2017

Think Facebook's Messenger Day Is Just A Messy Snapchat Copycat? Think Again

Facebook's Snapchat copycat Messenger Day may be more than just a copy of its competitor's features. It's a business move from Facebook that does more damage than many may think.

Business Tech March 18, 2017

If You Can’t Beat Them, Hire Them: Apple Hires Renowned iOS Jailbreaker And Security Expert Jonathan Zdziarski

Apple is bringing Jonathan Zdziarski, a renowned iOS security expert and digital forensics consultant, on board to join its security team. Zdziarski broke the news on his personal blog.

Business Tech March 15, 2017

Sex Toy Company Settles Lawsuit For $3.75 Million Over Tracking Usage Of ‘Smart’ Vibrators

A sex toy company has settled a lawsuit which alleged that its smart vibrators were used to college usage data. The company will be required to destroy all collected data under the terms of the settlement.

Business Tech March 15, 2017

Marissa Mayer Out, Thomas McInerney In As Yahoo CEO After Verizon Acquisition

Yahoo President and CEO Marissa Mayer is being replaced by Thomas McInerney, a member of the Yahoo board of directors since 2012, after Yahoo sold its digital services to Verizon. The latter acquired Yahoo in a mega-deal worth $4.8 billion.

Business Tech March 15, 2017

Intel's $15B Mobileye Acquisition Could Be A Game Changer For Driverless Car Tech: Should Tesla And Nvidia Be Worried?

Intel has confirmed its acquisition of Mobileye in a massive $15.3 billion deal that could shake up the driverless car tech sector. This new alliance could pose a real challenge to Tesla and Nvidia, making the autonomous driving race more heated than ever.

Business Tech March 14, 2017

Snap IPO Opens The Door To More Filings: Identity Management Provider Okta Files $100M IPO

The recent Snap IPO has breathed new life into the technology IPO scene and things are starting to pick up. Identity management firm Okta has now filed an IPO seeking to raise $100 million.

Business Tech March 14, 2017

Intel Confirms Acquisition Of Mobileye Self-Driving Car Tech Firm For $15.3 Billion

Intel has confirmed that it is acquiring self-driving car tech firm Mobileye for $15.3 billion on March 13. As part of the deal, Intel will be shelling out $63.54 per share for Mobileye in cash.

Business Tech March 13, 2017

Samsung Completes $8 Billion Purchase Of Harman: How Will Customers Benefit From The Company's Biggest Acquisition?

Samsung has completed the $8 billion purchase of Harman, an uncharacteristic move for the South Korean conglomerate. How will customers benefit from the acquisition of the parent company of Harman Kardon, JBL, Infinity, Mark Levinson, and Lexicon?

Business Tech March 12, 2017

LOOK: Hyperloop One Shares Photos Of Elon Musk's Fast Transport System

Hyperloop One releases the first public images of the world’s first full-scale hyperloop test track being constructed in Nevada. The structure is nearly complete.

Business Tech March 12, 2017

Waymo’s Legal Battle With Uber Explained: What’s In Store For Both Car Companies At War?

Google’s legal battle against Uber over allegedly stolen plans and trade secrets gather more steam. Who will truly finish first in the tough race to pioneer widespread driverless technology?

Business Tech March 11, 2017

PepsiCo Moves To Biodegradable Film Resin Packaging With Sustainability Agenda

PepsiCo is stretching its sustainability agenda into packaging by switching to biodegradable film resin packaging. The policy aims to cut down greenhouse emissions across the value chain.

Business Tech March 13, 2017

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