News and Trends

Facebook Board Seeks to Curb Zuckerberg's Control in Case He Leaves the Company
Facebook

Facebook Board Seeks to Curb Zuckerberg's Control in Case He Leaves the Company

The proposed move -- to be voted on at Facebook's annual general meeting on June 20 -- is designed to make sure a future Facebook chief's management powers aren't limited, the board said.
Twitter Met With Yahoo to Discuss Merger
Performance Ignited

Twitter Met With Yahoo to Discuss Merger

A news report, citing sources close to the talks, said execs at the two firms had met several weeks ago and had spent several hours looking at whether a strategic combination might make sense.
Matt Clinch
Are You One of America's Most Entrepreneurial Companies? Apply for the 2016 Entrepreneur360™
Entrepreneur360

Are You One of America's Most Entrepreneurial Companies? Apply for the 2016 Entrepreneur360™

The application window is open for the 2016 Entrepreneur360™, an annual list recognizing America's most entrepreneurial companies.
Entrepreneur Staff
Honda Shows Off Self-Driving Cars at New Calif Testing Facility
Self-Driving Cars

Honda Shows Off Self-Driving Cars at New Calif Testing Facility

Under the radar, Honda has been building semi-autonomous functionality, including forward-collision warning, lane- departure warning and lane-keeping assist.
Uber, Lyft Set to Defend Driver Settlements in Court
Transportation

Uber, Lyft Set to Defend Driver Settlements in Court

The ride-hailing companies are seeking to resolve lawsuits by drivers who contend they should be deemed employees and therefore entitled to reimbursement for expenses, including gasoline and vehicle maintenance.
Facebook Will Start Scanning 10,000 Posts a Second to Make Comments Less Terrible
Facebook

Facebook Will Start Scanning 10,000 Posts a Second to Make Comments Less Terrible

Deep Text is "deep learning-based text understanding engine," as Facebook puts it. Its ability to understand text like a human would is already being put to work in Facebook Messenger. And Facebook plans to take it a lot further.
Matt Weinberger
J&J to Buy Hair Care Products Maker Vogue for $3.3 Billion
Johnson & Johnson

J&J to Buy Hair Care Products Maker Vogue for $3.3 Billion

The transaction, slated to close in the third quarter, is not expected to have an impact on the company's 2016 sales or earnings forecasts.
Musk Expects an Apple Car by 2020, Fears One Company's AI Use
Elon Musk

Musk Expects an Apple Car by 2020, Fears One Company's AI Use

Even though he thinks Apple started late on building a car, "I think they'll make a good car, and will be successful," he said.
Matt Hunter
Fed Records Show Dozens of Cybersecurity Breaches
Cybersecurity

Fed Records Show Dozens of Cybersecurity Breaches

The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage," according to Fed records.
VW Looks for More Revenue From Ride-Hailing Apps
Volkswagen

VW Looks for More Revenue From Ride-Hailing Apps

Europe's largest automaker will this month unveil a new business strategy aimed at improving accountability and speeding up model development, with greater investments in electric cars, new technologies and mobility services among the key elements, company sources have said.
Uber Raises $3.5 Billion From Saudi Arabia's Sovereign Wealth Fund
Uber

Uber Raises $3.5 Billion From Saudi Arabia's Sovereign Wealth Fund

In a written statement, Uber co-founder and Chief Executive Officer Travis Kalanick called the investment a "vote of confidence in our business."
Early Days, But Apple Pay Struggles Outside U.S.
Apple Pay

Early Days, But Apple Pay Struggles Outside U.S.

More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical challenges, low consumer take-up and resistance from banks.