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
The nasty legal fight between Uber and Waymo over self-driving technology has officially come to a close, with Uber settling for $245 million. How did that happen?
Business Tech February 11, 2018
Qualcomm has once again rejected Broadcom’s takeover bid, regardless of the significantly increased purchase price at $121 billion. But the shareholders might have a final say early March.
Business Tech February 9, 2018
Twitter posted its financial results and for the first time in 12 years, it actually had a profitable quarter. On the downside, the social network is still losing users in the United States.
Business Tech February 9, 2018
The Amazon Prime Now delivery service now covers Whole Foods groceries as well, with free two-hour deliveries. The option is only available in four markets for now, but Amazon plans to expand it nationwide.
Business Tech February 8, 2018
Broadcom is now offering $121 billion to buy Qualcomm, after the chipmaker rejected its initial acquisition offer. That new price is its 'best and final' offer.
Business Tech February 6, 2018
Nintendo Switch sales drove the highest third-quarter operating profit the company has seen in eight years. Nintendo has now raised its forecast for both profit and sales.
Business Tech January 31, 2018
Amazon, Berkshire Hathaway, and JPMorgan Chase are teaming up to provide their employees with an independent healthcare company. The healthcare company is described as a long-term plan.
Business Tech January 30, 2018
Uber decided to sell its Xchange leasing portfolio to startup Fair in a bid to concentrate on its core business. Uber will still lease vehicles to drivers through an exclusive deal with Fair in the United States.
Business Tech January 30, 2018
Following the footstep of T-Mobile, Verizon advertised its new BOGO deal for 2018. Subscribers will get $700 off their second iPhone purchase via credits to their monthly statements.
Business Tech January 28, 2018
Starbucks announced its plans to provide additional raises and benefits for its U.S. employees. Citing the recent U.S. tax reform, the company said it will offer an additional raise, stock grants, and more.
Business Tech January 26, 2018
AT&T chief executive Randall Stephenson used ads in major newspapers to call on Congress to create net neutrality law. The move is seen as a way of circumventing the drawn-out process that will create a headache for the company.
Business Tech January 24, 2018
The European Commission fined Qualcomm €997 million or $1.23 billion over antitrust violations that hurt competition and innovation. The Commission says that between 2011 and 2016, Qualcomm paid Apple to be the exclusive supplier of LTE chips for iPhones.
Business Tech January 26, 2018
Facebook acquired Confirm.io, a government ID authentication startup. The move should boost security on the social network and make the Facebook community safer.
Business Tech January 26, 2018
UberEats acquired David Chang’s delivery food service startup Ando. The company announced it will cease operations immediately. The move could signal the service’s first step into food preparation.
Business Tech January 24, 2018
Disney is planning to launch its own video-streaming service in 2019, with the help of its recent acquisition, 21st Century Fox. Its biggest rival Netflix isn’t fazed.
Business Tech January 23, 2018
Netflix increased its subscription rates in October 2017, but that did not hold back the streaming service from booking a record-breaking quarter. The company added 8.4 million new subscribers in the period and posted a net income of $186 million.
Business Tech January 23, 2018
South Korea, still fighting with its massive cryptomarket, now plans to tax its bitcoin exchanges. South Korea continues its fight to regulate the market after previously discussing a possible ban on bitcoin.
Business Tech January 23, 2018
The first Amazon Go grocery store in Seattle is finally ready to open to the public. How does the cashless, no-checkout store work, and what is it like to shop there?
Business Tech January 21, 2018
Amazon increased the monthly rate of an Amazon Prime membership to $12.99, for a total of $156 over a year. The move may be the online retailer's way of pushing customers to an annual subscription, which remains at $99.
Business Tech January 21, 2018
Amazon announced its list of 20 finalists in the race for HQ2 and Toronto is the only Canadian city still in the running but does it stand a chance? Here's what experts are saying.
Business Tech January 19, 2018
Japanese corporation SoftBank has officially completed a multi-billion dollar investment to Uber. The sale includes an additional $1.25 billion investment directly into the ride-hailing company.
Business Tech January 19, 2018
The sweepstake for which city will get Amazon's second headquarters has narrowed down. Amazon announced the shortlist for the new headquarters which includes New York, Boston, and Denver.
Business Tech January 18, 2018
Emirates struck a new deal with Airbus, agreeing to order up to 36 A380 planes worth $16 billion. The airline agreed to 20 firm orders, with the option to get 16 more.
Business Tech January 18, 2018
Buses for Apple and Google employees have been attacked in San Francisco, forcing the tech companies to change the route of the shuttle services. The unknown assailants may be using pellet guns to smash the windows of the buses.
Business Tech January 18, 2018
Cryptocurrency has not had a good month. Fortunes seemed to be on the rise until an unexpected crash occurred at the end of last year, taking the winds out of the sails of the cryptocurrency market.
Business Tech February 1, 2018
Nestlé announced a new agreement to sell its U.S. confectionery business to Italian firm Ferrero. The deal is worth $2.8 billion in cash and it's expected to close by the end of the quarter.
Business Tech January 17, 2018
Slack has been rated the best software company with the top products in the US, according to G2 Crowd. Meanwhile, Apple, Facebook, and Twitter fell off the list.
Business Tech January 20, 2018
IBM and the Danish shipping company Maersk will be teaming up to start a New York-based blockchain company. Maersk will own 51 percent, while IBM will own 49 percent of the new company.
Business Tech January 17, 2018
CVS announced a new initiative to drive more transparency regarding materially altered photos of beauty products. The company will implement a new CVS Beauty Mark in an effort to counter unrealistic body images.
Business Tech January 16, 2018
Jeff Bezos makes a $33 million donation to charity in order to send qualified undocumented immigrants to college. The Amazon CEO apparently wanted to honor his father, who was also an immigrant, with this gesture.
Business Tech January 13, 2018
Dropfox filed for its IPO confirming that it will be going live this year. The file-sharing company is valued at $10 billion, which many have said is overvalued.
Business Tech January 12, 2018
One of the largest markets in the world supporting Bitcoin and other cryptocurrencies is considering legislation to ban it. South Korea might pass a new law that bans the trading of cryptocurrencies.
Business Tech January 13, 2018
Looking for something that could make working out more fun? Say, fighting off enemies in virtual reality while doing body-building movements at the gym? Black Box VR inspires gamers to exercise at the gym.
Business Tech January 11, 2018
In 2018, business and technology continue to dominate some of the best jobs available today in America. Those looking for a new job this year may want to check out the best highest paying jobs in America for 2018.
Business Tech January 11, 2018
Kodak announced plans to launch its own cryptocurrency called Kodakcoin. It also confirmed the launch of a new image platform for photographers and agencies to license images.
Business Tech January 11, 2018
The net worth of Amazon founder Jeff Bezos has continued to climb. Bezos's latest net worth surpassed the $105 billion mark, higher than Bill Gates's net worth ever was.
Business Tech January 11, 2018
A Chinese worker at an iPhone manufacturing factory committed suicide on Saturday. This is not the first suicide at the Foxconn factory, which is renewing scrutiny into the company's working conditions.
Business Tech January 9, 2018
Dogecoin may not have a serious name but the cryptocurrency's market cap is increasing. Once dominant Bitcoin continues to see its value fall as altcoins keep rising.
Business Tech January 8, 2018
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