News and Trends

American Apparel Rejects Takeover Bid Led by Fired Founder
American Apparel

American Apparel Rejects Takeover Bid Led by Fired Founder

Earlier this week, the Los Angeles-based company received a $300 million bid from a group of investors who are backing the return of Dov Charney.
Amazon Expands Logistics Reach With Move Into Ocean Shipping
Amazon

Amazon Expands Logistics Reach With Move Into Ocean Shipping

Its new status as a freight forwarder, or "non-vessel operating common carrier," gives Amazon, the world's largest online retailer, a foothold in the $350 billion a year ocean freight business.
Prominent Bitcoin Developer Declares the Digital Currency a Failure
Bitcoin

Prominent Bitcoin Developer Declares the Digital Currency a Failure

'The fundamentals are broken and whatever happens to the price in the short term, the long-term trend should probably be downwards,' developer wrote.
Kia Kokalitcheva
Uber's Fight to Win China
Weekly News Roundup

Uber's Fight to Win China

This quick news recap will keep you "in the know" this weekend.
Catherine Clifford
4 Valuable Takeaways From the Sale of 'Barstool Sports'
Selling a Business

4 Valuable Takeaways From the Sale of 'Barstool Sports'

Yes, this Beantown icon has moved to Manhattan. Yes, it's been sold. But the founder earned millions. So, stop complainin', Stoolies.
Jonathan Long
A Startup That Aims to Get Teens Talking on the Phone Raised $2.2 Million
Tech Startups

A Startup That Aims to Get Teens Talking on the Phone Raised $2.2 Million

All calls on Unmute are broadcasted live, so anyone can tune in and listen to the call via the iPhone app or the web.
Google's Eric Schmidt Has Just 15 Minutes With the Pope This Friday
Google

Google's Eric Schmidt Has Just 15 Minutes With the Pope This Friday

We don't know what they will be discussing, but the Vatican has been increasingly tech-savvy during Francis's tenure.
Nina Zipkin
Google Uses Tiny Cameras to Capture Adorable Mini Street View
Google

Google Uses Tiny Cameras to Capture Adorable Mini Street View

With help from a specially-modified model train and bus, the search giant has captured a 360-degree Street View map of Hamburg's Miniatur Wunderland, the world's largest miniature railway.
Matt Brian
GoPro Pins Hopes on Drones as Revenue Forecast Takes a Hit
GoPro

GoPro Pins Hopes on Drones as Revenue Forecast Takes a Hit

The company says it plans to trim its workforce by 7 percent.
Why General Electric Is Moving Its Headquarters to Boston
News and Trends

Why General Electric Is Moving Its Headquarters to Boston

The conglomerate, which is currently based in Fairfield, Conn., stands to gain more than just new access to tech talent.
Study: Low-Fiber Diets Could Be Messing With Gut Bacteria Diversity
Personal Health

Study: Low-Fiber Diets Could Be Messing With Gut Bacteria Diversity

A lack of diversity is never a good thing, especially for our microbiomes, which may be a factor in obesity.
Laura Entis
Lawmakers In These 3 U.S. States Are Considering Lowering the Legal Drinking Age to 18
Alcohol

Lawmakers In These 3 U.S. States Are Considering Lowering the Legal Drinking Age to 18

The respective bills would mark an about-face from Congress' National Minimum Drinking Age Act, which set the legal limit to 21 in 1984 to decrease drunk driving.
Geoff Weiss
Fitbit Sued by Investors Over Alleged Tracking Inaccuracies
Legal

Fitbit Sued by Investors Over Alleged Tracking Inaccuracies

The new lawsuit follows a consumer lawsuit filed last week.
Netflix Chief Starts $100 Million Education Fund
Netflix

Netflix Chief Starts $100 Million Education Fund

Reed Hastings's money pool will contribute to education.