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Netflix CEO says they’re...

Netflix will not be increasing its prices unless it has earned it. The shares, revenues, net income and even subscribers have all increased drastically.  Netflix is doing really well in every aspect recently. To begin with, the shares of the company has vastly increased by over 22% in the past three months. The company’s net […]

Netflix CEO says they’re not on a ‘price-first b...

Netflix will not be increasing its prices unless it has earned it. The shares, revenues, net income and even subscribers have all increased drastically.  Netflix is doing really well in every aspect recently. To begin with, the shares of the company has vastly increased by over 22% in the past three months. The company’s net […]

Netflix CEO says they’re not on a ...

Netflix will not be increasing its prices unless it has earned it. The shares, revenues, net income and even subscribers have all increased drastically.  Netflix is doing really well in every aspect recently. To begin with, the shares of the company has vastly increased by over 22% in the past three months. The company’s net […]

How does tax liability affect ...

The changes in the value of Bitcoin has been explained by tax burdens. The $20 billion downdrafts in the past two weeks may be because of the selling of $1 billion of Bitcoin. Once again, investors are startled by the sudden fluctuations of the largest cryptocurrency, Bitcoin. Unlike the usual, however, the changes in the […]

How does tax liability affect the value of Bitcoin...

The changes in the value of Bitcoin has been explained by tax burdens. The $20 billion downdrafts in the past two weeks may be because of the selling of $1 billion of Bitcoin. Once again, investors are startled by the sudden fluctuations of the largest cryptocurrency, Bitcoin. Unlike the usual, however, the changes in the […]

Netflix CEO says they’re not on a ‘pri...

Netflix will not be increasing its prices unless it has earned it. The shares, revenues, net income and even subscribers have all increased drastically.  Netflix is doing really well in every aspect recently. To begin with, the shares of the company has vastly increased by over 22% in the past three months. The company’s net […]

IRS gives the taxpayers an extension

IRS is extending its tax filing deadline because its server crashed on Tax Day. October 15 is the extended deadline for the filing of tax returns. The actual deadline to file tax forms was April 17, Tuesday. However, the Internal Revenue Service (IRS) has announced an extension for taxpayers. This leniency is because of the complications […]

Has Elon Musk finally come to terms with the real ...

Tesla Model 3 sedan’s production is on another “planned production pause”. There are problems in its highly computerized assembly line. Tesla Inc. has recently faced an abundance of problems in its production. Just two months ago, the company had opted to bring to halt the Tesla Model 3 production line. It lasted for about four […]

Are Android Apps Tracking Your Children?

Studies reveal a number of Android applications are violating the U.S. COPPA law. Children under the age of 13 require more supervision in the use of applications. Not long ago, there was some uproar about data sharing between Facebook and Cambridge Analytica. The internet has become so complicated in recent years such that nothing online […]

Can Apple’s commitment to Renewal make an im...

Apple continues to show its dedication towards sustaining the environment. Apple and Google have both purchased RECs such that they are 100 percent running on clean energy. With all the commotion about climate change and the role we have assumed in the contribution of it, it is no wonder that large multinational corporations are taking […]

Best Buy is quietly thriving in an Amazon world

  • William Van-Lear Black
  • 7 Months ago
  • 0
In an eCommerce age in which every brick-and-mortar enterprise is expected to roll over and die, Best Buy is adapting to the changing market. Under the guidance of CEO Hubert Joly, Best Buy is engineering an impressive turnaround, the New York Times reports. According to the Times, Best Buy’s revenue has exceeded analysts’ expectations in six of the […]

Equifax could have prevented breach with a simple patch, experts say

  • William Van-Lear Black
  • 7 Months ago
  • 0
Last Thursday, credit-monitoring firm Equifax announced that hackers had breached its computer systems and compromised the data of as many as 143 million Americans. Thursday, the company confirmed that the perpetrators of the attack did, as rumored, exploit a weakness in Apache STRUTS. Equifax identified the exploited vulnerability as Apache Struts CVE-2017-5638. In March, industry […]

Walgreens to revise proposal to buy over 2,000 Rite Aid stores

  • William Van-Lear Black
  • 7 Months ago
  • 0
In yet another effort to appease the Federal Trade Commission (FTC), U.S. pharmacy chain Walgreens will likely revise its June proposal to acquire 2,186 individual Rite Aid stores for $5.18 billion, sources told Bloomberg Monday. Walgreens’ announcement could come early this week, the sources said. The two chains have been pursuing a deal for almost […]

Strike begins at GM manufacturing plant in Canada

  • William Van-Lear Black
  • 7 Months ago
  • 0
At 11:00 p.m. Sunday night, workers at General Motors’ CAMI  Assembly Plant in Ingersoll, Ontario, Canada left their posts and began picketing in front of the facility, Canadian news agency Global News reports. The strike began after GM and Unifor Local 88, a Canadian labor union that represents 3,000 workers, including those at the CAMI […]

Boeing wins $600 million deal to design the next Air Force One

  • William Van-Lear Black
  • 7 Months ago
  • 0
The U.S. Air Force announced Wednesday that on Tuesday it awarded Boeing a $600 million contract to design two new aircraft for the President’s Air Force One fleet. Both planes will be 747-8 models; they will replace a pair of aging VC-25A (747-200B) aircraft. President Obama ordered the replacement during his second term, according to […]

High-tech retail startup Bodega raises $2.5 million in funding round

  • William Van-Lear Black
  • 7 Months ago
  • 0
Bodega, a San Francisco-based startup that operates fully-automated kiosks roughly the size of vending machines, introduced itself to the world Wednesday. The company has raised $2.5 million in a funding round led by venture capital firms Homebrew and First Round Capital, TechCrunch reports. Thirty Bodega kiosks (which the company calls “bodegas”) are already operational in […]

Centene to acquire Fidelis Care for $3.75 billion

  • William Van-Lear Black
  • 7 Months ago
  • 0
Centene, the United States’ largest Medicaid managed care provider, announced Tuesday that it has reached a “definitive agreement” to acquire Fidelis care for $3.75 billion, USA Today reports.  The deal is scheduled to close in early 2018. It awaits the approval of various New York regulators, who will, among other things, evaluate it for compliance […]

Equifax stares down almost two dozen class actions after cyberattack

  • William Van-Lear Black
  • 7 Months ago
  • 0
Credit reporting and monitoring company Equifax is facing at least 23 proposed class action lawsuits in the wake of its announcement Thursday that a cyber attack compromised the personal information of up to 143 million Equifax customers, USA Today reports. Various law firms have filed suits in 14 different states as well as D.C., according […]

Harvey and Irma combined could prove more expensive than Katrina

  • William Van-Lear Black
  • 7 Months ago
  • 0
Moody’s Analytics estimates that Irma will cost the U.S. economy between $64 billion and $92 billion, CNN reports. Insured losses resulting from the storm will range between $20 billion and $40 billion, the firm said. Moody’s estimated Harvey-related costs between $86 billion and $108 billion, CNBC notes. Harvey and Irma will likely cost a combined […]

Spanish Data Protection Agency fines Facebook $1.4 billion

  • William Van-Lear Black
  • 7 Months ago
  • 0
The Spanish Data Protection Agency (AEPD) has fined Facebook €1.2 million (just under $1.44 million) for three violations of data protection laws, TechCrunch reports. The two less serious infractions carry fines of €300,000; the more serious one would cost the social networking giant €600,000. The AEPD’s investigation found that Facebook’s privacy policy contains “generic and […]

Markets rise as Irma weakens, North Korea anniversary passes without nuke test

  • William Van-Lear Black
  • 7 Months ago
  • 0
Markets around the world are rising as Florida missed the worst of Irma this weekend, and as North Korea’s founding celebration, which took place Saturday, did not include a missile test, Reuters reports. Irma hit the Florida keys Sunday as a Category 4 hurricane, then came into Miami, damaging several buildings and creating a storm […]

Amazon is taking applications to determine the location of its second headquarters

  • William Van-Lear Black
  • 7 Months ago
  • 0
Amazon announced Thursday that it intends to build a second headquarters facility in North America, The Washington Post reports. The new location will be “a full equal” to the company’s existing Seattle hub, CEO Jeff Bezos said in the announcement. Amazon will spend more than $5 billion on its new home, which will employ more […]

Facing $5 billion worth of debt, Toys “R” Us hires restructuring consultants

  • William Van-Lear Black
  • 8 Months ago
  • 0
Toys “R” Us has hired law firm Kirkland & Ellis as restructuring consultants to help the reeling toy giant negotiate its debt as the holiday season approaches, CBS News reports. The company may seek bankruptcy protection. In its first quarter earnings statement, the company reported over $5 billion in long-term debt as of April 29. Per […]

Deere & Co. to acquire Blue River Technology for $305 million

  • William Van-Lear Black
  • 8 Months ago
  • 0
Deere & Co. announced Wednesday that it has signed a “definitive agreement” to acquire Blue River Technology, an agriculture technology company, in a $305 million deal, TechCrunch reports. The deal will likely be finalized next month. Blue River specializes in “precision farming,” a technique that uses technology to streamline traditional farming methods. Precision farming is […]

IBM to spend $240 million on an AI research lab at MIT

  • William Van-Lear Black
  • 8 Months ago
  • 0
IBM will spend $240 million to fund a Watson-branded AI research lab at MIT, CNBC reports. At the facility, MIT and IBM researchers will collaborate to create AI algorithms, optimize AI hardware, study the societal implications of AI, and apply AI to the business world. Researchers will work at the MIT campus as well as […]

Starting school later could boost the U.S. economy by $83 million over 10 years

  • William Van-Lear Black
  • 8 Months ago
  • 0
A recent study conducted by the RAND Corporation suggests that delaying the start of the school day until 8:30 a.m. could boost the U.S. economy by $83 billion over the course of a decade, madison.com reports. Pediatric health experts have long argued that a later start to the school day would better accommodate teenagers’ sleep […]

Lego’s revenue drops for the first time in 13 years

  • William Van-Lear Black
  • 8 Months ago
  • 0
Tuesday, Lego reported a decline in revenue for the first time in 13 years, The LA Times reports. Net profit also fell. The company’s revenue over the first half of 2017 came in at $2.4 billion, a five percent drop year-over-year. Net profit dipped three percent year-over-year, to $544 million. The revenue decrease was especially […]

Carpooling service Via closes investment round, plans U.S. and oversea expansion

  • William Van-Lear Black
  • 8 Months ago
  • 0
Carpooling service Via just completed a funding round, the proceeds of which the company intends to use to expand its service in the U.S. and to establish a presence in Europe, TechCrunch reports. Via will begin London operations in the near future, and Paris service soon after. The amount of the funding round remains undisclosed, […]

Chinese authorities crackdown on cryptocurrency ICOs

  • William Van-Lear Black
  • 8 Months ago
  • 0
Monday, the Chinese government banned the practice of creating and selling new cryptocurrencies, Reuters reports.  With the rise of Blockchain technology, initial coin offerings (ICOs)—which give investors the opportunity to buy newly-created cryptocurrencies—have gained popularity. In total, Reuters says, ICOs have raised $2.32 billion since the inception of the cryptocurrency market; $2.16 billion of that […]
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