Business News

Apple upstages Amazon in selecting new tech hub locations

One tech giant strung dozens of North American cities through a circus-like contest that led mayors and governors to desperately pitch their regions—and offer huge sums of public money—in ...

Fri 14 Dec 18 from

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Elon Musk: ‘I do not respect the SEC’ following $20 million fine

The agency sued him earlier this year for allegedly misleading investors, compelling him to pay a $20 million fine as part of a settlement and to step down as company company chairman.

Mon 10 Dec 18 from The Washington Post

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Apple to roll out new Snoopy, Peanuts cartoon series

Apple will produce a new animated series starring Snoopy and the Peanuts gang, created by the late American cartoonist Charles Schulz, for its video platform, a source close to the deal said ...

19 hours ago from

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Verizon takes $4.6B charge on internet ventures

Shares of Verizon slipped before the opening bell Wednesday with the company taking a $4.6 billion hit on what's become an expensive internet foray that's never panned out.

Wed 12 Dec 18 from

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IMAX is pulling out of the VR industry amid waning consumer interest

In a recent filing with the Securities and Exchange Commission, movie company IMAX announced its exit from the virtual reality industry.

Fri 14 Dec 18 from Techspot

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Canada frees CFO of China's Huawei on bail

A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities ...

Wed 12 Dec 18 from Reuters Technology

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Amazon-owned Whole Foods ends partnership with Instacart

The move comes a little over a year after Amazon acquired Whole Foods for $13.7 billion. Amazon has its own delivery service called AmazonFresh.        

Fri 14 Dec 18 from USA today

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Uber filed paperwork for IPO: report

Ride-share company Uber quietly filed paperwork this week for its initial public offering, the Wall Street Journal reported late Friday.

Sat 8 Dec 18 from

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Uber was “hell-bent on stifling competition,” new lawsuit alleges

Uber suggests Sidecar is trying to get a piece of its pending IPO action.

Wed 12 Dec 18 from Arstechnica

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