Business News


Amazon probing staff data leaks

Amazon is investigating allegations that some of its staff sold confidential customer data to third party companies particularly in China, the online giant confirmed on Sunday.

Mon 17 Sep 18 from Phys.org

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Trump’s tariffs won’t bite Apple, illustrating Tim Cook’s political sway

Apple CEO Tim Cook has come to occupy a prominent role as one of Silicon Valley's savviest political operators -- a behind-the-scenes Trump whisperer who's been able to shape some of the administration's ...

6 hours ago from The Washington Post

Other sources: The Washington Post, Phys.org, USA today, CNET (2), Engadget (2) show all (10) »

Tesla facing Justice Department investigation over Elon Musk tweets

The electric automaker is also facing a Securities and Exchange Commission investigation and multiple shareholder lawsuits over chief Elon Musk's tweets last month that he had the “funding ...

6 hours ago from The Washington Post

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Machines will create 58 million more jobs than they displace by 2022, World Economic Forum says

The net gain in jobs is not a forgone conclusion, the study cautioned, as huge investments are needed to retrain and educate workers.

6 hours ago from The Washington Post

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Co-founder of Salesforce buys Time magazine for $190 million

Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it was announced Sunday.

Mon 17 Sep 18 from Phys.org

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Ireland recovers 14bn euros in Apple 'back taxes'

Apple has completed payment of 14.3 billion euros ($16.7 billion) in back taxes to the Irish government, Dublin said Tuesday, following a European Commission ruling that the tech giant had benefitted ...

6 hours ago from Phys.org

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Coca-Cola looking at cannabis-infused drinks

Coca-Cola said Monday it is studying the use of a key ingredient in marijuana in "wellness beverages," as a growing number of mainstream companies develop cannabis-infused drinks.

Mon 17 Sep 18 from Medical Xpress

Other sources: Medical Xpress, TechCrunch, Reuters (5), WebMD, Laboratory Equipment show all (6) »

Lyft marks its 1 billionth ride as it expands beyond cars

Lyft may be an underdog relative to Uber, but it's still huge in the transportation world. The ridesharing firm has officially provided 1 billion rides, including 233 million shared ...

9 hours ago from Engadget

Other sources: The Verge, TechCrunch (2), Engadget (2), CNET show all (5) »

Chinese companies flee overseas to avoid US tariffs

A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump's tariffs: remove the "Made in China" label by shifting production to countries such as Vietnam, ...

Tue 11 Sep 18 from Phys.org

Other sources: MIT Technology Review, The Washington Post, Phys.org (3), CNET, USA today (2) show all (17) »

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