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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 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 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 March 24, 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 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 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 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 March 22, 2017

Watch Out Amazon And Google, Walmart Could Have A Drone Delivery System In The Works

Walmart has been granted a patent for a drone delivery system as it looks to lock horns with Google and Amazon, . The patent filing states that drones will be used for in-store product delivery in Walmart’s various outlets.

Business 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 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 March 18, 2017

Fed Rate Hike: Will It Effect Your Finances?

The Federal Reserve has hiked the benchmark interest rates to 1 percent, from the existing 0.75 percent. This has led to wide speculation and analysis of how the finances will be affected by the hike.

Business 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 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 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 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 March 14, 2017

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

Intel has confirmed that it is cquiring 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 March 13, 2017

Berlin Airport Ground Staff Strikes Result In Hundreds On Canceled Flights

The ground staff at two Berlin airports have called for a strike, which has resulted over 600 flights getting delayed and canceled. The strike at Tegel and Schönefeld airports is due to a wage dispute.

Business 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 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 March 12, 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 March 13, 2017

Starbucks Reveals Hiring Refugees Did Not Impact Sales, Denies 'Substantive Impact' Assertions

Starbucks released a letter from Kantar Millward Brown where it was highlighted that the coffee giant’s sales has not declined ever after social media backlash. Starbucks was criticized by twitteratis when it announced the hiring of 10,000 refugees worldwide.

Business March 11, 2017

Staples Closing 70 Retail Stores Across US, Rise Of Amazon To Blame?

U.S. retailer Staples has announced that it will be shutting down 70 more physical stores across the country. The retailer has cited poor sales and it is believed that the rise of online retailers such as Amazon could be to blame.

Business March 10, 2017

IBM And Salesforce Form Partnership On A.I.

On Monday, International Business Machines corp. (IBM) and Salesforce agreed to integrate their artificial intelligence platforms - the Watson AI platform and the Einstein AI platform - to provide better offerings to customers.

Business March 8, 2017

Uber's Never-Ending Troubles: A Quick Recap Of What Has Happened So Far

Uber has been besieged with bad news as of late. The company has been saddled with claims of sexual harassment from former employees, and its CEO has suffered a meltdown during a heated exchange with an Uber driver.

Business March 6, 2017

Uber Loses Product And Growth VP Ed Baker Amid Company Issues: The Odd Timing Of His Resignation

Ed Baker, Uber's vice president of product and growth, has announced his resignation during a time when the ride-hailing company is facing sexism and sexual harassment allegations and other issues.

Business March 3, 2017

General Motors Launches Monthly Car Rental Service With Maven Reserve: Parking, Insurance And More Included

GM just announced a new car rental service called Maven Reserve, which allows users to rent a Chevrolet Tahoe or Volt for 28 days. The monthly rental comes with a number of perks including insurance, parking, $100 in gas credit and more, but it's not cheap.

Business March 3, 2017

Hhgregg Planning To Close 88 Stores Across US, 1500 Employees May Lose Jobs

Electronics and appliance store Hhgregg on March 2 confirmed that it will be closing down 88 under-performing stores across 15 locations. The decision was taken in a bid to boost the sales of the retail chain.

Business March 3, 2017

PepsiCo Introduces 2 More Flavors To Its 'All-Natural' Colas Line, Ploy To Revitalize Sales?

PepsiCo has launched two new flavors for its all-natural cola line 1893. The launch of these new healthy soft drinks is seen as an attempt to revive Pepsi’s sales and also to cater to changing consumer demands.

Business March 3, 2017

Yahoo Security Breach: CEO Marissa Mayer Takes Some Responsibility, But Who's Really Taking The Fall?

As the investigation into the massive Yahoo data breach wrapped up, CEO Marissa Mayer took some responsibility for the mishap and docked her pay. This has stirred further controversy, as it's seen as a thin gesture while someone else takes the real fall as the scapegoat.

Business March 2, 2017

Elon Musk Agrees To A Tesla Competition And You Have A Fifth-Grader To Thank For It

A bright fifth-grader wrote a letter to Tesla CEO Elon Musk as part of a school project, suggesting a Tesla competition for fan-made commercials. Musk thought it was a great idea and agreed to do it, so get ready for a neat contest thanks to this awesome kid.

Business March 2, 2017

Marissa Mayer Wants To Redistribute Annual Bonus To Yahoo Employees Due To Breaches: A Look At The Hacks

After Yahoo's data breaches, CEO Marissa Mayer is forgoing her annual bonus and equity stock grant, saying that she wants them redistributed to the company's employees.

Business March 2, 2017

Uber CEO Travis Kalanick Admits He Needs To Grow Up And Get 'Leadership Help' After Disrespecting Uber Driver

Uber CEO Travis Kalanick stumbled into a new controversy when a video of him arguing with an Uber driver made its way online. Kalanick has now apologized for his disrespectful behavior and said that he needs to grow up and get some leadership help.

Business March 2, 2017

Uber’s CEO Travis Kalanick Caught On Video In A Heated Exchange With Driver

It’s another bad day for Uber. Travis Kalanick, Uber’s CEO, has been caught on video engaging in an argument with an Uber driver about the company’s decisions that are hurting its drivers.

Business March 1, 2017

Warren Buffett Very Optimistic On Apple, Increases Share Holding In The Company

Warren Buffett-owned Berkshire Hathaway has bought in 72 million shares in Apple. Berkshire Hathaway is currently the largest shareholder of Apple with 2.5 percent stake in the company.

Business February 28, 2017

Here Are The Reasons Why You Should Avoid Buying The Snap IPO

Some analysts have predicted that Snap's IPO will be one of the biggest in the tech industry. Despite the high level of investor interest, there are some factors that indicate how it could be a bad investment.

Business February 26, 2017

JC Penney Downing Shutters On 130 Stores, Following Disappointing Revenue

JC Penney is planning to shut down 130 stores due to falling revenue profits. The company will also offer working a voluntary early retirement program to nearly 6000 eligible employees.

Business February 25, 2017

Verizon Ranks Top In Latest RootMetrics Report: Most Reliable Network In US

RootMetrics published its latest report on Thursday, Feb. 23, revealing that Verizon is still the most reliable network in the United States. The report ranks AT&T second, followed by Sprint and T-Mobile.

Business February 23, 2017

After Claims Of Sexism, More Stories Of Uber’s Abusive Workplace Culture Surface

After former employee Susan Fowler revealed the workplace sexism she allegedly experienced at Uber, more negative stories of the company's workplace culture have surfaced, including homophobic slurs and instances of sexual harassment.

Business February 23, 2017

Uber Employees Report 'Honest, Raw And Emotional' Staff Meeting Amid Scandal Over Sexist And Abusive Workplace Culture

Uber CEO Travis Kalanick held an 'honest, raw and emotional' staff meeting about sexism, after a former engineer detailed a sexist, discriminatory and abusive workplace culture. Uber employees said Kalanick apologized and seemed truly invested into sorting this out.

Business February 22, 2017

Walmart Online Sales Soars, Helping It Better Compete With Amazon

Walmart saw a rise of 29 percent in its online sale numbers in its fourth quarter fiscal earnings. The rise in sales numbers has now made Walmart the second largest online retailer in the U.S. after Amazon.

Business February 22, 2017

Samsung's US Reputation Dips, Ranking Drops By 42 Places: Galaxy Note 7 Fiasco To Blame?

Samsung's reputation plunges after the whole Galaxy Note 7 fiasco, with its ranking dropping by 42 places. It's no longer among the top 10 brands in the United States, according to a new poll.

Business February 20, 2017

Kraft Heinz Withdraws $143 Billion Unilever Acquisition Bid

Kraft Heinz has withdrawn its $143 billion acquisition proposal after Unilever rejected the bid. Unilever has reportedly rejected the bid from the American company as it did not see any financial merit.

Business February 20, 2017

Faraday Future Promises To Jumpstart Construction Of Nevada Plant Amid Financial Turmoil

Faraday Future will push through with its factory in Nevada. The company says construction has entered a competitive bidding process.

Business February 19, 2017

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