Apparently, transparency is not necessary to collude among firms involved in a cartel. New research debunked the idea that to collude, firms have to share information and monitor each other in order to agree to keep prices high.
December 21, 2018
Elon Musk is facing lawsuits due to his tweet about making Tesla a private company. If the CEO will not be able to prove that he has secured funding for such move, he will be forced to pay shareholders reparation.
Business Tech August 15, 2018
Microsoft Teams has so far been available only for paid Office 365 subscribers, but a free version is now available at last. Here's what it has to offer and how it will compete against Slack in the workplace communication sector.
Microsoft July 14, 2018
High-end smartphones now come with powerful specs, advanced features, and extra security, but do they have what it takes for the fast-paced business environment? Here's a list of the top business smartphones currently available on the market.
Phones/Tablets/Mobile Tech May 29, 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
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
Amazon wants to put Alexa to work, ready to make office life easier. Alexa for Business will allow companies to build their own skills, APIs, and apps, to better manage their workplace.
Gadgets November 30, 2017
A teenager from Sherwood, Oregon built his custom sock business from scratch. Find out what it took for it to become the million-dollar success it is today.
Business Tech April 24, 2017
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
Spotify-backed Soundtrack Your Brand has raised $22 million in a new round of funding. The background music company intends to use the money to grow its global footprint.
Business Tech February 17, 2017
Microsoft reportedly plans to announce 700 layoffs next week when it reveals its quarterly earnings. The job cuts will span across various divisions within the company's worldwide offices and businesses in a bid to update skills, not cut costs.
Business Tech January 21, 2017
Apple missed its revenue and profit goals in 2016 and the weak performance took a toll on its top executives' pay. Apple CEO Tim Cook, for instance, took a $1.5 million blow.
Apple January 7, 2017
Amazon makes packing and shipping items more efficient with the perfect mix of human and robot interaction
Business Tech December 31, 2016
Nintendo is struggling to bring back its glory days but its future still remains uncertain
Feature | Tech December 30, 2016
Unilever is reportedly in talks to buy Jessica Alba’s organic product empire, the Honest Company, for $1 billion.
Business Tech September 16, 2016
Starbucks announced the acquisition of the high-end bakery Princi, with plans to expand the company and open its own cafés that serve food inspired by the taste of Italy.
Business Tech July 19, 2016
A new report found that customers still don’t want to eat at Chipotle after last year’s foodborne illness controversy.
Business Tech July 16, 2016
Chief Executive Magazine released its 12th annual opinion survey wherein CEOs ranked the best and worst states in the United States to do business. The Lone Star State led the survey while the Big Apple finished at the bottom of the list.
Business Tech May 10, 2016
Mark Zuckerberg plans to donate 99 percent of his Facebook shares for charity, but a new scheme will help him lead the company in the future. The new scheme will allow him to take control of the company and focus on long-term sustainability.
Business Tech April 29, 2016
San Francisco is now requiring some 37,000 Uber and Lyft drivers who operate in the city and work seven or more days a year to secure a license. A license fee of $91 shall be paid by drivers who earn less than $100,000 a year.
Business April 16, 2016
Chipotle Mexican Grill is well-known for its burritos and other Mexican food items. The company may be focusing on buns and patties next as it filed a trademark application for the name 'Better Burger.'
Business April 1, 2016
Target is planning to invest billions of dollars to boost its supply chain and ramp up its online growth. The company's chief executive said there's still a lot of work to do.
Business March 3, 2016
Tidal saw a jump in the App Store thanks to the exclusive releases of Rihanna and Kanye West's new albums, and although this is good for competition, Spotify says this strategy is bad for artists and fans.
Apps/Software February 19, 2016
Samsung has been facing increased competition and it's now bracing for a challenging 2016, amid concerns of a weak global economic growth. The company urged employees to find ways to handle competition as software and platforms trump hardware.
Business January 5, 2016
Google has let slip that it intends to create an Alphabet spin-off business that uses its driverless car technology - and it may end up being a big competitor for car services like Uber and Lyft.
FUTURE TECH December 16, 2015
In the wake of Yahoo's decision to withdraw its Alibaba spin-off plans, the company is now facing pressure from its shareholders. Canyon Capital and SpringOwl have both sent out proposals to Yahoo's board to urge the Internet company to act soon.
Business December 14, 2015
Why did Yahoo back out of its $30 billion Alibaba stake spinoff? Investors feared the Internal Revenue Service would have demanded $10 billion or more in capital gains taxes if the spinoff pushed through.
Deals December 10, 2015
Yahoo announced on Wednesday that it is dropping its plans to spin off its Alibaba shares, and will instead do a reverse spin of its own core Internet business.
Business December 9, 2015
Facebook quietly launched Work Chat, a messenger app that's part of Facebook for Work on the Google Play Store.
Apps/Software November 20, 2015
Sydney-based tech company Atlassian decided to break down its current JIRA freeware into three standalone products. This move geared towards providing support for teams and resources that are considered non-technical.
Business October 7, 2015
Among the changes to Pages are new call-to-action buttons and new sections, as Facebook looks to provide a boost to small and medium businesses.
Business September 9, 2015
Facebook has enabled a select few Facebook Pages to use GIFs in posts. This comes just three months after the social network began allowing users to post GIFs in status updates.
Internet August 21, 2015
The Austrian fitness-tracking startup Runtastic has joined the ranks of adidas Group - with a $239 million deal in tow.
Deals August 5, 2015
No one likes a place that's too crowded — and that's where the Density sensor comes in — it'll let you know how crowded a place is before you even step inside.
Gadgets July 31, 2015
More and more countries are implementing Anti-Smoking Laws. The US Chamber of Commerce steps up against these overseas laws to protect the concerned companies under their wings.
Life July 1, 2015
Perception and reality of what new fathers do in terms of housework and childcare is quite different, reveals a new report that indicates the extra house and parent workload for new mothers may lead to side-lining of the career and ultimate work achievements.
Life May 10, 2015
Online shoe seller and Amazon subsidiary Zappos is moving to a no-management employee strategy. The business approach is prompting a whopping number of workers to take advantage of an opt-out offer rather than work without the traditional business management structure.
Business May 10, 2015
In tag team fashion, drones and dogs are being used to track down a fungus that could wipe out Florida's avocado trees and potentially move west and cripple California's farms as well, which would be devastating to the state's economic base and for avocado lovers nationwide.
Business April 29, 2015
Amid struggling sales and upcoming store closures, McDonald's is not lovin' it these days. Here are six ways the fast food giant might be able to change that.
Feature April 23, 2015
Quick, search for 'CEO' on Google Image Search, and what do you see? You'll have to look hard to find a female CEO, and when you do, she won't actually be a woman.
Internet Culture April 10, 2015
One of the earliest cloud-based online gaming hubs is shuttering its doors as of April 30. Sony may be making such a move to possibly launch a new service or expand one thanks to the acquisiton.
Video Games April 3, 2015
Office 2016 gets some minor updates and visual enhancements as Microsoft re-brands Lync as Skype for Business and puts finishing touches for an official April launch.
Business March 17, 2015
Well, this was something no one unexpected. Mountain Dew is going artisanal with new packaging that makes the highly caffeinated soda look like craft beer.
Internet Culture March 13, 2015
With McDonald's sales down this year, the fast-food chain may be looking to revitalize its image. Could adding kale to the menu be the way to do it?
Internet Culture March 10, 2015
Remember when you had to buy a Snuggie or 12? If you thought they were overpriced then, you don't even know the half of it.
Internet Culture March 5, 2015