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Prime Day Was Bigger Than Cyber Monday Or Black Friday

This year's Prime Day was one of the biggest days in Amazon's history. Sales surpassed those of Black Friday and Cyber Monday.

Business July 14, 2017

Uber Merger With Russian Rival Yandex On The Horizon: Another Loss For The Ride-Hailing Service After Exiting China

Uber has agreed to a merger of its ride-hailing service in Russia with rival Yandex. The transaction is another loss for Uber after exiting China last year, as the company backs off from a once very aggressive international expansion push.

Business July 14, 2017

Twitter's New CFO Is Former Goldman Sachs Director Ned Segal

Twitter has finally found a CFO after an eight-month search. Former Goldman Sachs managing director will take the CFO position from Anthony Noto, who has helmed the position for months.

Business July 12, 2017

Challenge Accepted: Australia Picks Tesla To Solve Electricity Woes In 100 Days

Elon Musk opened the challenge to solve South Australia’s power crisis with a 100-day guarantee. Australia’s government has given Tesla the contract after a bidding war.

Business July 7, 2017

Jawbone To Close Up Shop As CEO Kicks Off New Startup Jawbone Health Hub

Jawbone, once a formidable name in the wearable technology landscape, will reportedly soon shut down entirely after a series of company struggles. The CEO, however, has already launched what appears to be its successor, Jawbone Health Hub.

Business July 7, 2017

500 Startups Changes Leadership As Sexual Harassment Shakes Silicon Valley

500 Startups co-founder Dave McClure has resigned after admitting he was a 'creep' and hit on women in work-related environments. Amid the whole sexual harassment matter, Christine Tsai took over as CEO.

Business July 4, 2017

Microsoft Job Cuts Imminent: Thousands Of Layoffs Reportedly Planned For This Week

Microsoft has been trying to reorganize its salesforce and reportedly plans more layoffs worldwide. The company is expected to announce thousands of job cuts this week.

Business July 3, 2017

Uber Keeps Bleeding Executives: Travis Kalanick Resigns As CEO At Shareholders' Request

Uber has been struggling to handle an executive exodus and sexual harassment allegations, and now it's headed into a new chapter. Amid mounting pressure from shareholders, Travis Kalanick has resigned as CEO.

Business June 21, 2017

Ford Announces New Focus Manufacturing Plans, Shifts Production From Mexico To China

Ford has revealed its plans to move production of the all-new Focus from Mexico to China, following its decision to scrap the project to build a plant in San Luis Potosi.

Business June 21, 2017

You Can Now Tip Your Uber Driver As Ride-Hailing Service Undergoes Overhaul

Uber customers all over the United States will soon be able to tip their drivers, with the feature made available first in Houston, Minneapolis, and Seattle. The move is part of what Uber calls '180 Days of Change.'

Business June 21, 2017

After Whole Foods, What Industries Will Amazon Conquer Next?

Where does Amazon go now that it has bought Whole Foods? Here are some thoughts on what industries Amazon may expand into after Whole Foods.

Business June 19, 2017

As Amazon Acquires Whole Foods, 1 More Job Could Be Made Obsolete By Technology

Amazon has recently announced plans to acquire the supermarket chain Whole Foods for $13.7 billion. While it promises not to replace workers with robots, it may still be taken as a sign that cashiers are becoming among the jobs made obsolete by technology.

Business June 18, 2017

Amazon Buys Whole Foods: Here’s How The Deal Will Likely Affect Other Food Players

Amazon will probably spark major changes in the food industry with its recent acquisition of Whole Foods for $13.7 billion. Learn how U.S. supermarkets and food delivery sites could transform given this new development in the industry.

Business June 18, 2017

Snap Share Price Sinks To IPO Level For The First Time Since Going Public: What's Going On?

Snap Inc., the owner of Snapchat, saw its stocks fall to $17, which is the company's share price for its initial public offering. Will Snap be able to recover after falling from its peak high of $29.44 per share?

Business June 15, 2017

Amazon Interested In Buying Slack For More Than $9 Billion

Amazon is reportedly interested in buying Slack for over $9 billion and the idea isn't as strange as it looks. Here's why Amazon might be interested in the cloud-based messaging service.

Business June 15, 2017

Uber's Top Is Looking Empty: Here Are The Vacancies The Company Needs To Fill

With Travis Kalanick taking some time off as Uber’s CEO, in addition to unfilled top executive roles, the ride-hailing company’s path forward is unclear. That said, a corporate restructuring is exactly the chance Uber needs to change its workplace culture.

Business June 14, 2017

It's Official: Verizon Purchases Yahoo For $4.5 Billion, Marissa Mayer Resigns From The Company

After months of negotiations, Verizon has completed its purchase of Yahoo. The wireless cell phone carrier purchased Yahoo for $4.5 billion, with plans to include it as part of its Oath brand.

Business June 13, 2017

FAAMG Stock Has A Sharp Drop, Could It Lead To Another Tech Bubble?

Despite companies such as Google and Facebook leading the stock market for several years, the members of FAAMG saw a surprising stock drop on Friday, June 9. Is it possible that this could lead to a second tech bubble?

Business June 10, 2017

Tim Cook, Jeff Bezos To Attend American Technology Council Meeting At White House

Despite the criticisms, Tim Cook is going to attend the first meeting of Donald Trump's American Technology Council at the White House. This will include other CEOs such as Jeff Bezos and Satya Nadella as they discuss how to modernize the government.

Business June 10, 2017

SiriusXM Invests $480 Million To Pandora After Its Failed Takeover

Since December, SiriusXM has been in on-and-off talks with Pandora in an attempt to purchase the streaming radio entity. While that is no longer the case, Sirius will now have a major stake in Pandora with a $480 million investment.

Business June 9, 2017

Verizon Acquires Yahoo And Plans To Cut 2,000 Jobs

Yahoo has finalized the sale of its assets to Verizon which could result in the loss of 15 percent of its workforce. Verizon intends to use Yahoo and AOL to create a new company known as Oath.

Business June 8, 2017

China Is The Next Market Ripe For Tesla And Elon Musk

Over the last few years, Tesla has been growing in popularity since it's a well-designed and functioning electric car with all the bells and whistles of a luxury car brand. Now, Elon Musk's path to world domination will continue thanks to the booming market of China.

Business June 7, 2017

Uber Gains 2 Female Leaders: Apple's Bozoma Saint John, Harvard Professor Frances Frei

Uber has gained two top-ranking female executives to help with its controversial workplace sexism problem. Bozoma Saint John will take Uber’s chief brand officer role, while Frances Frei will take Uber’s senior VP for leadership and strategy role.

Business June 7, 2017

Amazon Offers Prime Discount For Those On Government Assistance

Amazon has announced steep discounts to Prime for members on government assistance. Qualifying customers will see the monthly membership fees cut to $5.99.

Business June 6, 2017

Trump Organization Launching Affordable 'American Idea' Hotel Chain

The Trump Organization announced plans to launch a new 'American Idea' mid-market hotel chain with a patriotic theme. The first hotels will open in Mississippi, where Trump won by 18 percentage points in the presidential race.

Business June 6, 2017

Following Criticism Over Surge Pricing, Uber Offers Refunds To Riders Who Used Its Service In London Attack Aftermath

Uber went under fire over surge pricing following the terrorist attack in London on Saturday, June 3, but it's making things right. The company issued refunds to all passengers who used its service within the affected areas.

Business June 5, 2017

Apple And Amazon Back Foxconn To Buy Toshiba Chip Division, But The Bidding War Is Fierce

Foxconn has joined the bidding war for Toshiba's chip business, and Apple and Amazon are among its backers, ready to 'chip in with funds.' Even so, Foxconn may still not have much of a chance.

Business June 5, 2017

Walmart Wants Store Employees To Deliver Orders On Their Way Home From Work: Here's Why It's A Great Idea

Walmart has come up with an ingenious way to handle order delivery, having its store workers deliver packages on their way home from work, using their own cars. It might sound odd, but here's why it's a great idea.

Business June 2, 2017

JetBlue Emergency Landing Highlights The Risk Of Trump's Laptop Ban

Back in March, the Trump administration issued a travel ban on large electronics in airline cabins. However, an emergency landing for a JetBlue flight highlights the risk of the ban.

Business May 31, 2017

Amazon Hits Milestone With Stock Shares Hitting $1,000 For The First Time

Amazon has come a long way since Jeff Bezos started the Seattle-based company back in 1994. Now, over 20 years later, the company's success was reflected in the stock market with a milestone share price.

Business May 30, 2017

Not Halal Pepperoni: Muslim Man Sues Little Caesars Over Pork Topping On Pizza

A Muslim man in Dearborn, Michigan, has filed a $100 million lawsuit against Little Ceasars Pizza, saying he was served and unknowingly consumed pork despite ordering halal pepperoni pizza. Learn more about this pizza lawsuit.

Business May 29, 2017

GameStop Reports Strong Switch And 'Zelda' Sales, But Still Faces Stock Drop

The last few years have not been kind to GameStop, with stock and sales dropping steadily. Despite a bump thanks to sales of the Switch and the new 'Zelda' game, it saw another drop in stock value.

Business May 26, 2017

Lyft Broadens Business With Premium Ride Service To Gain Ground On Uber

Lyft has been determined to gain ground and be more competitive with Uber. The newest venture in this is a premium ride service in major U.S. cities.

Business May 25, 2017

Facebook To Pay Up To $250,000 For Original Videos From BuzzFeed And Vox Media

Facebook has reportedly signed deals with content creators such as BuzzFeed and Vox Media for original content. The social network is willing to pay up to $250,000 for scripted programs, similar to the model used by Netflix and Amazon.

Business May 24, 2017

Uber Admits To Underpaying New York City Drivers By Millions Of Dollars Due To Accounting Error

Uber admitted that it underpaid New York City drivers by tens of millions of dollars, with the blame being cast on an accounting error. How will the ride-hailing company handle this new controversy?

Business May 24, 2017

Gay Dads Cry Discrimination During Family Boarding On Southwest Flight

A gay couple was denied family boarding privileges when they tried to board a Southwest Airlines flight together with their three kids and grandma to boot. The two fathers believe they were discriminated against, but the airline says otherwise.

Business May 24, 2017

Mercedes-Benz Competes With Tesla In Residential Solar Energy And Storage

Mercedes-Benz is expanding its operations into clean energy by following Tesla’s footsteps. The car manufacturer announced its partnership with Vivint Solar for residential energy storage.

Business May 21, 2017

These Are The Top 10 Companies People Want To Work For, According To LinkedIn

LinkedIn helps thousands of professionals in their job search every day. According to the website, these are the places most people want to work for.

Business May 21, 2017

Uber Wanted To Partner With Tesla For Self-Driving Cars, But Elon Musk Said No

Uber CEO Travis Kalanick reportedly approached Tesla CEO Elon Musk to propose a partnership. Kalanick wanted Uber and Tesla to work together on self-driving car technology and compete against Apple, but Musk said no.

Business May 17, 2017

Biz Stone, Co-Founder Of Twitter, Returns To The Company

Back in 2011, Biz Stone left the company he co-founded to see if he could recapture that success in another project. Now, Stone is making his return to Twitter.

Business May 16, 2017

Ford Job Cuts Reportedly Imminent: Automaker To Cut 10 Percent Of Global Workforce

Ford is reportedly planning to cut $3 billion in costs and to achieve it, it will cut 10 percent of its global workforce. This may not sit well with President Donald Trump, who wants to boost employment in the auto industry.

Business May 16, 2017

Airline Protocol Breach? United Airlines Cockpit Codes Made Public

United Airlines experienced a security protocol mishap, as the access codes to the flight deck were leaked online. Although United Continental Holdings stresses this was not a security breach, the incident attests to the vulnerability of airline security measures.

Business May 15, 2017

Tesla Now Taking Orders For Its Solar Roof: How It Could Possibly Be The Company’s Best Offering Yet

What possibly makes Tesla Solar Roof the company's best product to date? Here's a quick look at its appreciating value, aesthetics, and Elon Musk's commitment to solar power.

Business May 15, 2017

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