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Malaysia Airlines: First Major Airline To Use Satellite Technology To Track Own Fleet

Malaysia Airlines will be the first airline to use space-based satellite technology to track its planes. Malaysia Airlines is still reeling from the 2014 disaster when its Flight 370 disappeared in the Indian Ocean.

Business Tech April 19, 2017

Starbucks Releases Its New Unicorn Frappuccino And It’s As Magical As You’d Expect

Check out the latest mythically inspired drink by Starbucks: the Unicorn Frappuccino. This tasty creation changes color and flavor as you stir it, and is only available until April 23.

Business Tech April 19, 2017

Google, Huawei May Soon Face Class-Action Lawsuit Over Nexus 6P Early Shutdown, Bootloop Issues

A U.S.-based law firm is looking to put together a class-action lawsuit against Google and Huawei for the reported early shutdown and bootloop issues of the Nexus 6P. Affected users are highly recommended to participate in the lawsuit.

Business Tech April 17, 2017

Apple To Invest Billions In Toshiba Chip Division, Potentially Rescuing It: Report

Amid Toshiba’s suffered losses and news surrounding the sale of its semiconductor unit, Apple might be coming to the rescue. Reports suggest that Apple is interested in bidding for the unit, potentially handing it around 30 percent stake.

Business Tech April 15, 2017

This Man Is The Highest Paid Person In Amazon, And He’s Not Jeff Bezos

Amazon has disclosed its executive earnings for 2016. And the top-salaried employee is not CEO Jeff Bezos, but Web Services chief Andrew Jassy.

Business Tech April 14, 2017

T-Mobile Bids $8 Billion At FCC Airwaves Auction: Un-Carrier Now In Position To Topple AT&T, Verizon

T-Mobile bid nearly $8 billion at the recently concluded auction for broadcast airwaves spectrum by the FCC. The wireless licenses that the Un-Carrier acquired would allow it to further challenge, and possibly outmuscle, AT&T and Verizon.

Business Tech April 14, 2017

Uber Loses Rachel Whetstone, Head Of Communications, Amid Company Woes And High-Profile Exits

Uber’s head of communications Rachel Whetstone has chosen to leave the company for undisclosed reasons. Her exit follows several high-profile exits at Uber in recent months, alongside publicized scandals about the company’s bleak workplace culture.

Business Tech April 12, 2017

AT&T Acquires Straight Path For $1.6 Billion, Paves Way For 5G

AT&T has announced the acquisition of Straight Path Communications for $1.6 billion, solidifying its position as one of the industry's forerunners of 5G technology.

Business Tech April 11, 2017

Apple Qualcomm Lawsuit Over Royalties Escalates As Chipmaker Files Countersuit

Qualcomm has fired back at Apple, escalating the legal dispute over royalties by filing a countersuit. The fight is heating up and Qualcomm says Apple played dirty, so here's what you need to know.

Business Tech April 11, 2017

Tesla Claims Throne As America's Most Valuable Carmaker From General Motors

Tesla has surpassed General Motors as the most valuable automobile manufacturer in the United States, with a market cap of $51.5 billion. The company's rise shows the increasing focus on electric vehicles and powerful software.

Business Tech April 11, 2017

Microsoft Acquires Kubernetes Orchestration Specialist Deis To Step Up Its Container Game

Microsoft has just announced plans to acquire Deis, a company which has popular tools for building and managing applications via the Kubernetes container system. More than the technology, however, Microsoft's purchase will also bring in talents.

Business Tech April 11, 2017

FCC Chairman Junks Proposal To Allow In-Flight Voice Calls Using Mobile Phones

FCC Chairman Ajit Pai junked the proposal of his predecessor, Tom Wheeler, to allow airline passengers to make phone calls while in flight. Pai said that the proposal is ill-conceived and not in the public interest.

Business Tech April 11, 2017

LeEco And Vizio $2 Billion Deal Not Happening Because Of Regulatory Concerns

LeEco’s planned $2 billion acquisition of Vizio will not follow through because of regulatory hurdles. For now, it’s unclear how LeEco will make a name for itself stateside.

Business Tech April 10, 2017

Good Time To Fly? New Report Lauds US Airlines For Improved Performance

U.S. airlines generally had a better performance last year, according to the results of Airline Quality Rating 2016. Find out how the airlines fared in terms of baggage handling, flight arrivals, and government-filed complaints.

Business Tech April 10, 2017

Tesla’s Advanced Automation Group Cancels All Existing Contracts To Focus On Model 3 Production

Tesla Advanced Automation Germany steers all efforts into Model 3 production, canceling all existing contracts with other car manufacturers and outside clients in the process.

Business Tech April 14, 2017

Netflix To Bid Farewell To 2 Longtime Senior Management Officers In July

Two veteran senior management officials are leaving Netflix amid the streaming service’s continuing global expansion. Netflix Japan's Greg Peters will take over as chief product officer.

Business Tech April 14, 2017

Uber Banned In Italy As Court Sides With Taxis, Says It's 'Shocked' By The Ruling

Uber has received a heavy blow in Italy, as a nationwide ban gives it 10 days to cease all operations in the country. Uber says it's 'shocked' by the court's decision.

Business Tech April 8, 2017

Australian Regulator ACCC Sues Apple Over 'Error 53' iPhone Bricking

Australian watchdog ACCC has sued Apple in Federal Court, accusing the company of making deceptive, misleading and false representations about consumers's rights. The dispute is tied to how Apple handled 'error 53' iPhone bricking cases.

Business Tech April 6, 2017

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

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