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Alibaba Could Be the Biggest IPO Ever -- But What the Heck Is It?

Alibaba Could Be the Biggest IPO Ever -- But What the Heck Is It?

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On the heels of its IPO announcement, we break down the rapidly swelling internet conglomerate that has been called, alternately, the eBay, Amazon and PayPal of China.
March 17, 2014 in Business News
'I Did Not Create Bitcoin': 4 Major Takeaways From Dorian Satoshi Nakamoto's Letter of Denial

'I Did Not Create Bitcoin': 4 Major Takeaways From Dorian Satoshi Nakamoto's Letter of Denial

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The reclusive California engineer again denies inventing Bitcoin, this time in a depressing statement that reveals that he can’t find steady work nor afford internet service.
March 17, 2014 in Business News
Uber, Lyft Expand Insurance to Cover Drivers Between Rides

Uber, Lyft Expand Insurance to Cover Drivers Between Rides

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Ridesharing startups Uber and Lyft are working to bridge the 'insurance gap' with updated protection policies for their drivers.
March 14, 2014 in Business News
6 Big Things You Need to Know About Bitcoin This Week

6 Big Things You Need to Know About Bitcoin This Week

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Which startup wants to bury your Bitcoin in a subterranean 'vault'? Which global investment giant disses Bitcoin as not a currency at all? Which billionaire called Bitcoin 'just a joke'? Find out here.
March 14, 2014 in Business News
Target Falls for the Terrifying 'Thigh Gap' Trend and Totally Gets Busted

Target Falls for the Terrifying 'Thigh Gap' Trend and Totally Gets Busted

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On the heels of its massive data breach, Target has something else to apologize for. And what it screwed up this time could have girls everywhere feeling even worse about their bodies.
March 13, 2014 in Business News
EU Wants U.S. to Stop Using European Cheese Names

EU Wants U.S. to Stop Using European Cheese Names

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A not-so-'grate' proposal from the European Union to ban U.S. cheese makers from using names like Parmesan and Feta is stinking up trade negotiations.
March 12, 2014 in Business News
Pasta Maker Barilla Opens First Restaurant, Aims to Be 'Italian Version of Chipotle'

Pasta Maker Barilla Opens First Restaurant, Aims to Be 'Italian Version of Chipotle'

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It's not often that a packaged food brand opens a restaurant, but that's exactly what the 138-year-old Barilla company is doing.
March 12, 2014 in Business News
TOMS Brings One-For-One Business Model to the Coffee Industry

TOMS Brings One-For-One Business Model to the Coffee Industry

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Following a two-year absence from the company he founded, Blake Mycoskie is back with a new vision for the coffee industry and beyond.
March 12, 2014 in Business News
4 Things to Know About Yahoo's New Information Security VP Alex Stamos

4 Things to Know About Yahoo's New Information Security VP Alex Stamos

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A closer look at the outspoken NSA critic that Yahoo trusts to keep cybercrime out of its business and the business of its millions of users.
March 11, 2014 in Business News
Google Faces Lawsuit Over Kids' In-App Purchases

Google Faces Lawsuit Over Kids' In-App Purchases

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Google is on the receiving end of a class-action lawsuit brought by parents whose kids unknowingly paid a substantial amount of money for in-app purchases.
March 11, 2014 in Business News
Jobs in the Aviation Industry Are on the Rise

Jobs in the Aviation Industry Are on the Rise

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With global cargo and passenger traffic growing, aviation companies are hungry for skilled workers.
March 11, 2014 in Business News
Colorado's Legal Marijuana Business is on Fire

Colorado's Legal Marijuana Business is on Fire

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This is how much revenue the state's pot industry has generated in just its first month.
March 11, 2014 in Business News
Rolls-Royce Reportedly Honing Nautical Drones

Rolls-Royce Reportedly Honing Nautical Drones

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The luxury car maker -- and creator of aircraft and marine propulsion engines -- is dipping its toes into the contentious realm of unmanned cargo ships.
March 10, 2014 in Business News
The Mt. Gox Saga Just Got Way More Twisted

The Mt. Gox Saga Just Got Way More Twisted

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The latest twist in the shattered exchange's meltdown has hackers calling Mt. Gox CEO Mark Karpeles a fraud, a liar and a few other ‘choice’ words. Meanwhile, CoinDesk warns that the leaked files are Bitcoin wallet-pilfering trojans.
March 10, 2014 in Business News
Chiquita and Fyffes Merge to Create World's Largest Banana Company

Chiquita and Fyffes Merge to Create World's Largest Banana Company

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Two historic brands merge to create ChiquitaFyffes, a company expected to sell 160 million boxes of bananas annually.
March 10, 2014 in Business News
SexCoin, Dogecoin, HoboNickel, Ripple: Should You Take These Bitcoin Wannabes Seriously?

SexCoin, Dogecoin, HoboNickel, Ripple: Should You Take These Bitcoin Wannabes Seriously?

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Bitcoin isn’t the only crazy cryptocurrency shaking up the future of money. A look at which new digital cash forms are worth paying attention to and which are scamcoins.
March 10, 2014 in Business News
5 Sizzling Silicon Beach Startups to Watch

5 Sizzling Silicon Beach Startups to Watch

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Meet the savvy bootstrappers heating up Los Angeles' exploding startup ecosystem.
March 7, 2014 in Business News
Disney Interactive Lays Off 700 Employees

Disney Interactive Lays Off 700 Employees

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Disney's struggling video game and digital media subsidiary slashed its workforce by 26 percent on Thursday.
March 7, 2014 in Business News
Inventor of the Cronut Reveals His Latest Creation

Inventor of the Cronut Reveals His Latest Creation

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The quirky chef will debut his Chocolate Chip Cookie Milk Shots exclusively this weekend at SXSW, but may soon sell them at his New York City bakery.
March 7, 2014 in Business News
Cerberus Purchases Safeway in $9B Deal

Cerberus Purchases Safeway in $9B Deal

Cerberus Capital Management, which already owns grocery chain Albertsons, will purchase the 1,600-store Safeway chain.
March 7, 2014 in Business News
Tech All Stars and Investment-Hungry Startups Rub Elbows at OASIS Summit in Santa Monica

Tech All Stars and Investment-Hungry Startups Rub Elbows at OASIS Summit in Santa Monica

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SXSW is still way cooler, but Silicon Beach's glitzy tech con is all about the Moneyball.
March 6, 2014 in Business News
Amazon Launches Pilot Program Selling 3-D Printed Products

Amazon Launches Pilot Program Selling 3-D Printed Products

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The e-commerce goliath is trying out an online marketplace selling 3-D printed consumer goods, from fashion jewelry pieces to home decor items and tech accessories.
March 6, 2014 in Business News
The Obsessively Secretive Founder of Bitcoin Has Been Unmasked

The Obsessively Secretive Founder of Bitcoin Has Been Unmasked

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In its first printed issue since being acquired by IBT Media, Newsweek has exposed the crytocurrency’s enigmatic alleged founder.
March 6, 2014 in Business News
The Priciest Rents in the U.S. Are Somewhere You've Probably Never Heard Of

The Priciest Rents in the U.S. Are Somewhere You've Probably Never Heard Of

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A recent study revealed that a small, oil boom town in North Dakota fetches rents that are, on average, $2,400 for a one-bedroom apartment.
February 19, 2014 in News and Trends
Apple's Latest Patent Tracks Temperature, Perspiration and Heart Rate -- in Your Headphones

Apple's Latest Patent Tracks Temperature, Perspiration and Heart Rate -- in Your Headphones

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Filed in 2008, the USPTO granted the request by Apple for a headphone system that can monitor biometric data and can potentially be controlled with head gestures.
February 18, 2014 in News and Trends
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