News and Trends

Disney Teams With Alibaba to Launch Streaming Service in China
Streaming

Disney Teams With Alibaba to Launch Streaming Service in China

Customers can stream Disney's television shows, movies and other media via a Mickey Mouse-shaped device.
Arjun Kharpal
Companies to Face Tighter EU Data Restrictions
Data Security

Companies to Face Tighter EU Data Restrictions

Laws will force firms to report data breaches and face huge fines for misusing personal data.
Facebook Testing New Search Tool That Sorts Businesses Based on Reviews
Facebook

Facebook Testing New Search Tool That Sorts Businesses Based on Reviews

The functionality is similar to what Yelp and Angie's List offers.
Employees Accidentally Trash $5 Million in Diamonds at Fifth Avenue Jewelry Store
Legal

Employees Accidentally Trash $5 Million in Diamonds at Fifth Avenue Jewelry Store

The precious stones then ended up in the hands of a security guard, who then tried to make a buck, police allege.
Geoff Weiss
The Challenges of Doing Business in Cuba
Cuba

The Challenges of Doing Business in Cuba

Relations are thawing, but entrepreneurs should tread carefully.
Jason Ankeny
How a Small-Time Texan Plumber's Truck Ended Up in the Hands of Syrian Extremists
Legal

How a Small-Time Texan Plumber's Truck Ended Up in the Hands of Syrian Extremists

Texas resident Mark Oberholtzer has filed a $1 million suit, citing 'shock, fear, anxiety, mental anguish, humiliation and degradation.'
Geoff Weiss
Once Valued at $1 Billion, Gilt Is Reportedly on the Block for $250 Million
Mergers and Acquisitions

Once Valued at $1 Billion, Gilt Is Reportedly on the Block for $250 Million

The fashion ecommerce site is said to be in advanced talks with Saks Fifth Avenue's parent company.
Leena Rao
Seattle Is the First U.S. City to Let Uber, Lyft Drivers Unionize
Sharing Economy

Seattle Is the First U.S. City to Let Uber, Lyft Drivers Unionize

The ridesharing giants both opposed the measure, arguing that federal law precludes such local legislation.
Apple Music Inks an Exclusive Video Deal with Taylor Swift
Apple Music

Apple Music Inks an Exclusive Video Deal with Taylor Swift

The move was a victory for the tech giant as Swift continues to prove she's at the top of the music business.
Twitter Warns Some Users of Possible State-Sponsored Cyber Attacks
Hackers

Twitter Warns Some Users of Possible State-Sponsored Cyber Attacks

Hackers may have been trying to obtain information such as email addresses, IP addresses, and/or phone numbers.
Elon Musk and Other Tech Leaders Pour $1 Billion Into Artificial Intelligence Startup
Artificial Intelligence

Elon Musk and Other Tech Leaders Pour $1 Billion Into Artificial Intelligence Startup

The effort announced on Friday, called OpenAI, joins significant investments from companies such as Alphabet Inc's Google, Facebook Inc and Amazon.com Inc.
New York Judge Orders FanDuel and DraftKings to Shut Down in State, Companies Plan to Appeal
Legal Issues

New York Judge Orders FanDuel and DraftKings to Shut Down in State, Companies Plan to Appeal

The daily fantasy sports league companies are facing increasing scrutiny.
After Numerous Health Incidents, Chipotle Has a Big Perception Problem
Chipotle

After Numerous Health Incidents, Chipotle Has a Big Perception Problem

Outbreaks of E. Coli and norovirus have caused the fast casual chain to temporarily shut down locations across the country.
Laura Entis
The Chinese Warren Buffett Is the Latest Financier to Go Missing
China

The Chinese Warren Buffett Is the Latest Financier to Go Missing

He might be involved in an anti-corruption case.