News and Trends

Expansion

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

Following a two-year absence from the company he founded, Blake Mycoskie is back with a new vision for the coffee industry and beyond.
Yahoo!

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

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.
Google

Google Faces Lawsuit Over Kids' In-App Purchases

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.
Jobs

Jobs in the Aviation Industry Are on the Rise

With global cargo and passenger traffic growing, aviation companies are hungry for skilled workers.

Colorado's Legal Marijuana Business is on Fire

This is how much revenue the state's pot industry has generated in just its first month.
Drones

Rolls-Royce Reportedly Honing Nautical Drones

The luxury car maker -- and creator of aircraft and marine propulsion engines -- is dipping its toes into the contentious realm of unmanned cargo ships.
Bitcoin

The Mt. Gox Saga Just Got Way More Twisted

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.
Mergers

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

Two historic brands merge to create ChiquitaFyffes, a company expected to sell 160 million boxes of bananas annually.
Bitcoin

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

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.
Startups

5 Sizzling Silicon Beach Startups to Watch

Meet the savvy bootstrappers heating up Los Angeles' exploding startup ecosystem.
Layoffs

Disney Interactive Lays Off 700 Employees

Disney's struggling video game and digital media subsidiary slashed its workforce by 26 percent on Thursday.
Food Businesses

Inventor of the Cronut Reveals His Latest Creation

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.
Acquisitions

Cerberus Purchases Safeway in $9B Deal

Cerberus Capital Management, which already owns grocery chain Albertsons, will purchase the 1,600-store Safeway chain.
Startups

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

SXSW is still way cooler, but Silicon Beach's glitzy tech con is all about the Moneyball.

Amazon Launches Pilot Program Selling 3-D Printed Products

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.
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