Snap Inc. is still losing money, but not as much as before. It also lost 3 million users after launching the redesigned Snapchat app, which has never happened before.
Business August 8, 2018
Self-driving truck technology is no longer a priority for Uber as it shuts down the project altogether. The move comes as the ride-hailing company faces increased scrutiny for its self-driving car test fleet.
Business July 31, 2018
Walmart is moving ahead with its plan to create a video streaming service. It has apparently hired the former CEO of cable company Epix to kickstart development.
Business July 31, 2018
Instapaper will soon no longer be part of Pinterest, as the read-it-later service has chosen to go independent again. Meanwhile, European users are left unable to access the service due to its noncompliance with GDPR rules.
Business July 17, 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 June 11, 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 May 20, 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 May 15, 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 May 9, 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 May 7, 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 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 April 18, 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 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 March 5, 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 February 14, 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 February 8, 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 January 30, 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 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 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 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 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 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 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 January 18, 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 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 January 16, 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 January 12, 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 January 9, 2018
TechCrunch learned that GoPro is laying off hundreds of workers this week. The downsizing largely affects the company's aerial division, which is responsible for the creation of the Karma drone.
Business January 7, 2018
Google is selling yet another one of its previous acquisitions. This time it’s Zagat, a restaurant listing and review service it purchased back in 2011.
Business January 4, 2018
Microsoft continues to make a large push into cloud computing. This time, the company bought Pittsburgh-based hybrid storage tech company Avere System to beef up Azure.
Business January 4, 2018
In order to build brand loyalty and look toward future purchases, Google and Amazon deeply discounted their smart speakers. This move, while gainful in the long term, means short-term losses.
Business January 5, 2018
Amazon shipped more than 5 billion items worldwide under its Amazon Prime membership program in 2017. The Amazon Prime Best of 2017 announcement also highlighted the rise in popularity of the Instant Pot, among several other interesting tidbits.
Business January 3, 2018
Smart lock startup Otto had no choice but to suspend its operations for now after its plans went wrong. The smart lock won't ship as scheduled at all, so here's what happened.
Business January 2, 2018
Financial analysts predicted a 40 percent chance that Netflix will be acquired by Apple. Donald Trump's tax reform will likely spur the company to buy out the video streaming service.
Business January 4, 2018
Apple just awarded Tim Cook with a huge pay hike. The CEO will be also be required to travel by private jet moving forward.
Business December 28, 2017
The Amazon and Google battle has gone a step further with Amazon filing a trademark for “AmazonTube.” This came after Google pulled YouTube service from Amazon devices.
Business December 23, 2017
Samsung's projected earnings are estimated to reach up to $22 Billion in 2018. Apple continues to source its OLED components from the aforementioned company for the iPhone X.
Business December 21, 2017
The team behind the Virgin Hyperloop One startup announced their latest milestone. The energy-efficient experimental transport system reportedly broke its previous speed record.
Business December 21, 2017
The secretive Magic Leap just demoed an interactive music experience that it designed with Icelandic rock band Sigur Rós. Per usual, the mixed reality company is tight-lipped on specific details about its hardware.
Business December 20, 2017
Amazon and Google are in 'productive discussions' as Chromecast product listings go up on Amazon again. That could mean that YouTube is going to stay on the Fire TV and return to the Echo Show.
Business December 15, 2017
Uber charged a rider in Canada 18,000 Canadian dollars or $14,000 for a 20-minute trip. The 5-mile ride was supposed to be around $20 only.
Business December 13, 2017
Rumors of an Apple acquisition of Shazam started circling last week, and Apple has now confirmed the deal. The company has not disclosed the financial details but says it has 'exciting plans in store.'
Business December 12, 2017
Amid dwindling demand for fossil fuel-based energy sources, General Electric is trying to refocus and stabilize its power unit. In the process, GE plans to cut 12,000 jobs from its global power business.
Business December 7, 2017
Facebook was again included in Glassdoor's list of the 'best places to work' in 2018. The social media giant managed to nab the top spot across various industries beating the likes of Google, HubSpot, and LinkedIn.
Business December 7, 2017
Elon Musk's largest lithium-ion battery installation in South Australia is now up and running. The clean energy project is set to provide power to not less than 30,000 homes across the region.
Business December 2, 2017
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