News and Trends

Mercedes Pulls U.S. Ad Touting Self-Driving Car
Mercedes Benz

Mercedes Pulls U.S. Ad Touting Self-Driving Car

Earlier this week, Consumer Reports urged the U.S. Federal Trade Commission to scrutinize Mercedes' 'The Future' campaign, which touts the automated driving features available in the new E-Class.
Panasonic to Raise Funds for Tesla Plant
panasonic

Panasonic to Raise Funds for Tesla Plant

Japan's Panasonic said on Friday it would raise up to $3.86 billion in corporate bonds, partly because it needs to bring forward its investment in a Tesla Motors battery factory.
Bezos Passes Buffett to Become the World's Third-Richest Person
Jeff Bezos

Bezos Passes Buffett to Become the World's Third-Richest Person

Bezos' fortune was $65.3 billion as of 4:30 p.m. ET on Thursday, compared with Buffett's $64.9 billion.
Watch a Robot Repair Lockheed Martin Blimps
Robots

Watch a Robot Repair Lockheed Martin Blimps

The patented SPIDER device solves one of the greatest challenges faced by the airship industry.
With Robotic Exoskeleton, Scientists Teach Kids to Crawl
Robots

With Robotic Exoskeleton, Scientists Teach Kids to Crawl

By promoting muscle activity, it could prevent the onset of cerebral palsy.
Microsoft to Cut 2,850 More Jobs
Radicals & Visionaries

Microsoft to Cut 2,850 More Jobs

The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland.
Toy-Robot Maker Raises Millions in Second Funding Round
Robots

Toy-Robot Maker Raises Millions in Second Funding Round

Wonder Workshop, which makes toy robots that teach kids how to code, said it raised $20 million in its second round of funding and was looking to expand into new markets, especially China.
Alphabet Posts Strong Revenue on Video Market, Stock Surges
Alphabet

Alphabet Posts Strong Revenue on Video Market, Stock Surges

Google's parent on Thursday revealed that efforts to push its vast advertising business toward mobile is paying off as second quarter earnings handily beat Wall Street's expectations.
Amazon, Lifted by Cloud Revenue, Tops Wall Street Targets
Amazon

Amazon, Lifted by Cloud Revenue, Tops Wall Street Targets

The Seattle-based company is riding a wave of retail sales moving to the internet, and its Netflix-like video streaming is bringing new customers to its subscription Prime service.
Facebook Offering Refunds for Kids' In-App Purchases
Facebook

Facebook Offering Refunds for Kids' In-App Purchases

Parents have a lot of worries when it comes to their kids. Will little Timmy make it into a top college? Will Jamie make the team? Will you ever get a refund for the $3,000 your smaller child blew on in-app purchases using your smartphone or tablet?
Why Traditional Schooling Can't Prepare Students for the Modern Workplace
Education

Why Traditional Schooling Can't Prepare Students for the Modern Workplace

Today's economy values creativity, collaboration and self-direction -- everything that lands kids in the principal's office.
Anthony Kim
The Internet's Ice Bucket Challenge Credited With Funding a Medical Discovery
Ice Bucket Challenge

The Internet's Ice Bucket Challenge Credited With Funding a Medical Discovery

The donations triggered by those viral videos apparently helped discover a gene associated with ALS.
Oracle to Buy NetSuite in $9.3 Billion Deal
oracle

Oracle to Buy NetSuite in $9.3 Billion Deal

Oracle has also acquired companies such as Textura and Opower to increase its competitiveness in the cloud market.
What Nintendo Hopes to Learn From Disney to Turn its Business Around
Nintendo

What Nintendo Hopes to Learn From Disney to Turn its Business Around

Due to the wild success of Pokémon Go, it could be sitting on a goldmine.