News and trends

Christmas in July: Walmart, Amazon Throw Down in Epic Discount Battle
Ecommerce

Christmas in July: Walmart, Amazon Throw Down in Epic Discount Battle

Given competing sales from two of the world's biggest retailers, other businesses may be bound for slow traffic this week.
Geoff Weiss
Nintendo CEO Who Broadened Video Game Appeal Dies
Nintendo

Nintendo CEO Who Broadened Video Game Appeal Dies

Satoru Iwata's death comes months after he led the Japanese video-game maker's belated entry into mobile gaming following years of declining sales.
Ellen Pao Resigns as CEO of Reddit
Leadership

Ellen Pao Resigns as CEO of Reddit

The embattled exec has faced heavy criticism for her leadership of the social news platform.
What China's Stock Market Troubles Mean for U.S. Entrepreneurs
Stocks

What China's Stock Market Troubles Mean for U.S. Entrepreneurs

The situation could have major implications for American companies that manufacture in the world's second-largest economy.
Laura Entis
Tech Glitches Ground Planes, Freeze the NYSE: This Week's Headlines (VIDEO)
Weekly News Roundup

Tech Glitches Ground Planes, Freeze the NYSE: This Week's Headlines (VIDEO)

Plus: CitiGroup dips its toe in Bitcoin's pond and how Elon Musk's money is being used to protect AI from obliterating humanity.
Tanya Benedicto Klich
Uber Pushes Back Against California Driver Lawsuit
Legal Issues

Uber Pushes Back Against California Driver Lawsuit

The case could decide whether Uber's drivers are independent contractors or employees.
NYSE Says Software Problem Led to Trading Outage
NYSE

NYSE Says Software Problem Led to Trading Outage

The nearly four-hour trading halt this week resulted from a technical problem that stemmed from new software rolled out.
Time Warner Cable Ordered to Pay Texas Woman Nearly $230,000 for 'Egregious' Robocalling
Customer Service

Time Warner Cable Ordered to Pay Texas Woman Nearly $230,000 for 'Egregious' Robocalling

Araceli King will receive $1,500 for each of the 153 robocalls she received from the company over the course of a year.
Geoff Weiss
Microsoft Reportedly Planning Major Job Cuts
Layoffs

Microsoft Reportedly Planning Major Job Cuts

The latest job cuts would be in addition to the 18,000 jobs Microsoft said it planned to cut a year ago.
Why It's OK to Sell Merchandise With the Confederate Battle Flag
Controversies

Why It's OK to Sell Merchandise With the Confederate Battle Flag

As long as people have a right to freedom of speech, businesses are free to sell whatever is still legal.
Gene Marks
Twinkies Maker Hostess Brands Shelves Sale for IPO
IPO

Twinkies Maker Hostess Brands Shelves Sale for IPO

The move underscores the growth prospects of Hostess as well as its quick turnaround.
Facebook's Sheryl Sandberg Joins Board of SurveyMonkey
Sheryl Sandberg

Facebook's Sheryl Sandberg Joins Board of SurveyMonkey

The online polling company was recently run by Sandberg's late husband, Dave Goldberg.
Amazon Must Face Trademark Lawsuit Over Search Results
Legal Issues

Amazon Must Face Trademark Lawsuit Over Search Results

A watchmaker says the online retailer's search results can cause confusion for potential customers.