News and Trends

Amazon Warns Losses Could Get Even Worse
Business News

Amazon Warns Losses Could Get Even Worse

The online retail giant said it expects an operating loss of as much as $810 million for the current quarter, sharply below analysts' estimates.
Sales Teams Are Making a Big Comeback at Tech Firms
Business News

Sales Teams Are Making a Big Comeback at Tech Firms

It turns out, products don't sell themselves, and customers enjoy interacting with people.
Apple Posts Mixed Results as CEO Cook Hints at New Products
Business News

Apple Posts Mixed Results as CEO Cook Hints at New Products

The consumer tech giant beat on profit and missed on revenue in the third quarter.
In an Effort to Up Its Mobile Ad Game, Yahoo Acquires Flurry
Business News

In an Effort to Up Its Mobile Ad Game, Yahoo Acquires Flurry

The mobile ad and analytics company is one of Yahoo's most expensive acquisition to date under CEO Marissa Mayer.
Universal Music Looking for Next Big YouTube Star With New Record Label
Business News

Universal Music Looking for Next Big YouTube Star With New Record Label

The venture signals that YouTube stars with palpable buzz and inbuilt fan bases have become increasingly enticing to the world’s biggest music corporations.
FedEx Faces Federal Indictment on Decade-Long Drug Trafficking Charges
Business News

FedEx Faces Federal Indictment on Decade-Long Drug Trafficking Charges

One of the world's largest couriers has been accused of conspiring to deliver prescription drugs on behalf of illegal Internet pharmacies.
French Court Sides With Business Owner Over Negative Online Review
Business News

French Court Sides With Business Owner Over Negative Online Review

The decision creates a new crime of 'being too highly ranked' on a search engine, the blogger says.
Love It or Hate It? Airbnb's New Logo Receives Mixed Reactions.
Business News

Love It or Hate It? Airbnb's New Logo Receives Mixed Reactions.

Amid some iffy publicity and legal issues, accommodation-rental start up startup Airbnb rolls out a rebrand and receives a less than stellar response.
Watch Out Oyster: Amazon Accidentally Unveils Kindle Unlimited, an All-You-Can Read Book Subscription Service
Business News

Watch Out Oyster: Amazon Accidentally Unveils Kindle Unlimited, an All-You-Can Read Book Subscription Service

The service, which will offer 600,000 titles and thousands of audiobooks for a monthly fee of $9.99, takes aim at book subscription forerunners Oyster and Scribd.
A New Way to Pay Online: Visa Launches 'Visa Checkout'
Business News

A New Way to Pay Online: Visa Launches 'Visa Checkout'

Visa's new product saves your card number and shipping information, allowing you to checkout online in just a few clicks.
LivingSocial Poaches New CEO, Gautam Thakar, From eBay
Business News

LivingSocial Poaches New CEO, Gautam Thakar, From eBay

Following widespread layoffs and evolving business models at the daily deals site, Thakar will succeed founder Tim O'Shaughnessy in August.
Hershey Raises Prices for First Time in 3 Years as Cocoa Costs Spike
Business News

Hershey Raises Prices for First Time in 3 Years as Cocoa Costs Spike

As cocoa prices hit a three year high, chocolate makers are being forced to charge more for their sweet treats.
Microsoft Reportedly Prepping Massive Round of Layoffs
Business News

Microsoft Reportedly Prepping Massive Round of Layoffs

The announcement, which could arrive as soon as this week, comes as the company seeks to integrate roughly 30,000 new employees on the heels of its Nokia acquisition.
Sotheby's Joins Up With eBay to Bring Rarefied Fine Art to Digital Masses
Business News

Sotheby's Joins Up With eBay to Bring Rarefied Fine Art to Digital Masses

The move signals a democratization of the uber-elite art and collectibles market, as well as growing consumer confidence in online shopping.
Lyft's NYC Launch Party Goes Off Without a Hitch. The Launch? Not So Much.
Business News

Lyft's NYC Launch Party Goes Off Without a Hitch. The Launch? Not So Much.

Lyft’s New York City launch party became a pre-launch party in a matter of hours as New York State’s attorney general slammed the breaks on the ridesharing app.
Amazon Asks FAA Permission to Test Drones
Business News

Amazon Asks FAA Permission to Test Drones

The digital giant is petitioning the Federal Aviation Association to get its drones up and running for the public.
San Francisco Says Enough Monkey Business: Tells Parking Spot App to Shut Down
Business News

San Francisco Says Enough Monkey Business: Tells Parking Spot App to Shut Down

After being served a cease-and-desist letter by the city, on-demand parking app MonkeyParking is suspending its services in San Francisco.
Tech IPOs Not Keeping Pace With VC Funding Surge
Business News

Tech IPOs Not Keeping Pace With VC Funding Surge

Venture capitalists opened their wallets wide during the second quarter, but venture-backed initial public offerings fell.
Crumbs Could Get Reprieve Thanks to Investor Group
Business News

Crumbs Could Get Reprieve Thanks to Investor Group

The recently shuttered cupcake chain could stay open with financing help from an investor group.
Google Ventures Launches $100 Million Startup Fund in Europe
Business News

Google Ventures Launches $100 Million Startup Fund in Europe

The startup investment arm of the digital giant is aiming to put support into new European companies.
Etsy CEO: We Couldn't Have Succeeded Under Proposed FCC Net Neutrality Rule
Business News

Etsy CEO: We Couldn't Have Succeeded Under Proposed FCC Net Neutrality Rule

Chad Dickerson called on the FCC to regulate the Internet as a utility, saying startups will be roadkill if fast lanes are allowed
Box Raises an Additional $150 Million Before IPO
Business News

Box Raises an Additional $150 Million Before IPO

The cloud-storage company raised additional financing after publicly filing for an IPO in March.
Tesla Gets Smacked With Trademark Lawsuit in China
Business News

Tesla Gets Smacked With Trademark Lawsuit in China

A suit brought today by Zhan Baosheng, who registered the 'Tesla' trademark in China in 2006, could decelerate the electric car-maker's eastward expansion.
Tesla's New Patent Strategy Makes Sense
Business News

Tesla's New Patent Strategy Makes Sense

For a large number of people to replace their gasoline-powered cars with electric- vehicles, many automakers need to make electric cars.
Google Gunning for Amazon With Expansion of Same-Day Delivery
Business News

Google Gunning for Amazon With Expansion of Same-Day Delivery

Google is planning on expanding its Shopping Express nationwide. The company is looking to go head to head with Amazon with product search, while expanding its dominance in online search and advertising.
EU's 'Right to Be Forgotten' Ruling Is Already Getting Messy
Business News

EU's 'Right to Be Forgotten' Ruling Is Already Getting Messy

Several news outlets claim some of their articles have been hidden by the search engine.
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