Mark Zuckerberg jumped ahead of Berkshire Hathaway CEO Warren Buffett in the ranklings of the world's richest persons. According to the Bloomberg Billionaires Index, the Facebook co-founder now has a net worth of $81.6 billion.
Business Tech July 8, 2018
Facebook announced that three of its apps will cease to operate soon. The company cited that the lack of users is the ultimate reason for the shutdown.
Business Tech July 5, 2018
Reports confirmed that the iOS version of 'Super Mario Run' earned more than the Android version. Analysts point out a similar trend for all other games published by the company.
Business Tech July 4, 2018
Google revealed that it also wanted to acquire GitHub, but Microsoft ultimately won the bid. Even though there are concerns about its future projects on the platform, the company claims it is fine with the turnout.
Business Tech June 29, 2018
Venmo is literally coming to your wallet. The PayPal-owned company just rolled out a line of physical Mastercard-powered debit cards, and though they’re still in limited release, Venmo is working quickly to get them out.
Business Tech June 26, 2018
Former AT&T employees revealed that they were pressured by managers to use questionable tactics to sell subscriptions to the company's streaming service DirecTV Now. They claim that the unethical sales tactics led to consumers paying for unexpected charges.
Business Tech June 27, 2018
Creator announced that its automated kitchen staff makes fresh burgers for only $6. The owner confirmed that its robot chef prepares everything as soon as customers place their order.
Business Tech June 23, 2018
An investigation revealed that Amazon's Chinese factories had poor working conditions for its employees. It was discovered that several labor laws have been violated, workers lacked safety training and more.
Business Tech June 14, 2018
A new attack on a South Korean cryptocurrency exchange caused the value of Bitcoin to drop. Coinrail confirmed that it was hacked but did not specify the exact value of what was stolen.
Business Tech June 14, 2018
Spotify wants to directly license lesser-known artists’ music instead of cutting deals with labels. No matter how much it tries to hide it, that’s exactly what’s happening.
Business Tech June 11, 2018
Uber is looking to enter into the electric scooter business in San Francisco. The ride-hailing company recently applied for a permit to join the city’s pilot program in an attempt to cash in on the e-scooter craze.
Business Tech June 9, 2018
Google and Facebook hit with $8.8 billion lawsuit within one day of GDPR enforcement. The new data protection and privacy law for individuals within the European Union came into effect on Friday, May 25, 2018.
Business Tech May 28, 2018
Is bitcoin mining worth it? Bitcoin could use up as much energy as Austria by the end of 2018, and the staggering cost of electricity could keep miners from making profits on the digital currency.
Business Tech May 25, 2018
A new announcement made by AT&T confirmed the arrival of its promised Cloud DVR service for DirecTV. The new update will allow users to record up to 20 hours of content and access them remotely with its new UI on iOS and tvOS.
Business Tech May 20, 2018
The new type of advertisements that the company hinted about last month is now live on Snapchat. Unlike its predecessors, users can't skip the six-second ads.
Business Tech May 15, 2018
Amazon Go, Amazon's cashierless convenience store, is coming to San Francisco and Chicago. The retailer confirmed the news after recently putting up an ad seeking for store managers for outlets in both cities.
Business Tech May 15, 2018
A Chicago man faces criminal charges after investigators recovered thousands of re-routed corporate mail in his apartment. He reportedly submitted a change of address request to update the corporate address of the corporate headquarters of UPS.
Business Tech May 12, 2018
The FCC issued its largest fine in history on Thursday, May 10, against a Florida-based man. The individual, identified as Adrian Abramovich, has been charged with making nearly 100 million spoofed robocalls in just three months.
Business Tech May 11, 2018
The Boring Company confirmed that its 'Loop' tunnel under LA is close to completion. Reports claim Elon Musk's project will offer free rides during its testing period once everything is in place.
Business Tech May 12, 2018
China-based ZTE announced that it is shutting down major operations. The technology company could not compete due to an export ban from the United States.
Business Tech May 9, 2018
A lawsuit against Dish Network confirmed that eligible individuals can collect $1,200 per call compensation. This is part of the $61 million awarded to people who were on the Do Not Call Registry but still contacted by the company's telemarketers.
Business Tech May 8, 2018
Elon Musk has announced plans to start his own candy company. Is he actually being serious or just trolling Warren Buffett over the concept of moats?
Business Tech May 7, 2018
The Golden State now has the biggest economy in the world surpassing that of the United Kingdom. All of California's economic sectors contributed for its higher GDP except one.
Business Tech May 6, 2018
A deal offered by Verizon and Best Buy appears to be a great deal for buyers who want to upgrade their handsets. The discount gives consumers a total of $500 off the Google Pixel 2 XL with a few caveats.
Business Tech May 4, 2018
Passengers of Southwest Airlines Flight 1380 shared how not to wear an oxygen mask. Listen to the instructions carefully to avoid passing out during an emergency landing.
Business Tech April 19, 2018
A passenger was able to share videos on Facebook of what he and other passengers experienced inside the Southwest airline that exploded while on its way to Dallas. Investigators confirmed that the airplane has damage in its engine and fuselage.
Business Tech April 18, 2018
An undercover author who infiltrated an Amazon warehouse has claimed that its workers pee in bottles for fear of getting penalized over bathroom breaks. Amazon, meanwhile, refuted the claims.
Business Tech April 18, 2018
The court finally ordered T-Mobile to pay a fine of $40 million to the U.S. Treasury after it had found the company guilty. Consumers complained to the FCC about the network's actions that tricked rural subscribers with 'false ringtones' to simulate call completion.
Business Tech April 18, 2018
Netflix plans to spend $8 billion on original content this year. It seems an obscene amount of money, but when you think of the streaming service’s 125 million subscribers and counting, it suddenly doesn’t seem all that much.
Business Tech April 17, 2018
Get iHeartRadio’s All Access on demand service plus four movies each month via MoviePass for just $30, valid for three months. The new model is both an attempt to get new customers and bleed less money.
Business Tech April 15, 2018
There is a unique story behind the names of some of the leading tech companies in the world. Here are the origin stories for the names of 20 prolific tech companies today.
Business Tech April 22, 2018
The Federal Trade Commission is cracking down on companies that condition the warranty coverage to use specific parts or services. The FTC warned six major companies to stop such practices because they're illegal.
Business Tech April 12, 2018
Caliburger just demonstrated its first automated grill chef named Flippy. According to the company, it is not meant to take away jobs from human workers.
Business Tech March 7, 2018
A new study published by MIT revealed the earning potential of ride-hailing services. Uber and Lyft drivers are earning less than minimum wage.
Business Tech March 5, 2018
A judge hurt Disney's chances of winning a lawsuit against movie rental company Redbox. The judge says that Redbox selling Disney's digital download codes doesn't violate any restrictions.
Business Tech February 22, 2018
A former Google employee sued the company for firing him back in November 2017 for making pro-diversity posts. Google, on its part, says it's just trying to eliminate harmful stereotypes.
Business Tech February 22, 2018
A glitch on a Japanese Bitcoin exchange caused the prices of various cryptocurrencies to drop to zero. Many took advantage of the opportunity to buy millions worth of cryptocurrencies.
Business Tech February 21, 2018
Coinbase addressed the overcharging and unauthorized withdrawals from users accounts. It is now pointing the finger in the direction of credit card companies.
Business Tech February 20, 2018
A South Korean official in charge of taking back control of the country's lucrative cryptocurrency market was found dead at his home on Sunday. He was working on legislation to take control of the cryptocurrency market.
Business Tech February 20, 2018
Steven Seagal was tagged as a brand ambassador for a cryptocurrency startup with a suspicious name and business plan. The action star is reportedly promoting the cryptocurrency as it heads towards its ICO.
Business Tech February 20, 2018
Atari will make a bid on cryptocurrency with the launch of Atari Token and Pong Token. Rollout of the new Bitcoins remains unknown, but they are understood as the company’s entry to the digital entertainment and online casino platforms.
Business Tech February 16, 2018
HTC seems to be in a tough spot, as its smartphone chief just announced his resignation effective immediately. Chialin Chang is departing the company to pursue a 'personal career plan,' and HTC has yet to appoint a replacement.
Business Tech February 14, 2018
Amazon is cutting back on the number of employees on its Seattle operation. Hundreds will be laid off in the coming weeks, which the company said is part of adjustments to focus on growth-extensive businesses such as Alexa and AWS.
Business Tech February 12, 2018
Major tech companies have invested in a small company in New York that makes OLED microdisplays. Apple, LG, and Valve have put in $10 million to eMagin for possible AR and VR headsets.
Business Tech February 13, 2018
We recently had the opportunity to chat with Pelu Tran, President, Chief Customer Officer of Augmedix. He discussed the inspiration behind the company and how it formed, in addition to explaining how Augmedix works.
Business Tech February 19, 2018
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