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Qilai Shen | Bloomberg | Getty Images A Tesla Motors Model S electric automobile at one of the company’s electric charging stations in Beijing on March 9, 2016. Tesla is on pace to begin production at its factory in China in the second half of next year, the Shanghai government …
Read More »Monthly Archives: December 2018
Facebook ‘has created too many adversaries’: Stifel lowers to ‘hold’
Marlene Awaad | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Stifel on Wednesday published a note saying it has lowered its rating for Facebook shares from “Buy” to “Hold,” …
Read More »USA Gymnastics files for bankruptcy in wake of sexual abuse scandal
Brendan McDermid | Reuters Victim and Olympic gold medalist Aly Raisman speaks at the sentencing hearing for Larry Nassar, (R) a former team USA Gymnastics doctor who pleaded guilty in November 2017 to sexual assault charges, in Lansing, Michigan, January 19, 2018. USA Gymnastics filed for reorganization under Chapter 11 …
Read More »Royal Air Maroc to join American Airlines’ Oneworld alliance
Kristina Brazhnikova | TASS | Getty Images Fire engines give a water salute to welcome the Royal Air Maroc airliner carrying Morocco’s national football team as it arrives at the Voronezh Airport for the upcoming FIFA World Cup Russia 2018. The Oneworld global airline alliance that includes American Airlines and …
Read More »CVS says it has a fix for those mile-long receipts — here’s how
CVS’ stunningly long receipts, eating up to five feet of paper at times, are thing of legend in retail. But there is a way you can save some trees by opting out of receiving them at all. “There’s a way to get all of that digitally on your phone,” along …
Read More »Internal Facebook emails discuss payments for data, special access
Shu Zhang | Reuters Facebook founder and CEO Mark Zuckerberg meets Founder and Executive Chairman of Alibaba Group Jack Ma (not pictured), at the China Development Forum in Beijing, China, March 19, 2016. A British lawmaker has released more than 200 pages of confidential, internal Facebook emails revealing discussions of …
Read More »Pindrop Series D funding round backed by Goldman Sachs, Vitruvian
Pindrop Vijay Balasubramaniyan, co-founder, chief executive officer and chief technology officer of Pindrop. Security start-up Pindrop has raised $90 million from investors including Vitruvian Partners and Goldman Sachs. The seven-year-old firm, which uses artificial intelligence (AI) technology to detect fraudulent phone calls, said Wednesday that it would use the latest …
Read More »Google’s ‘shadow workforce’ demands more from CEO Sundar Pichai
Bloomberg | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., attends a news conference in New Delhi, India, on Wednesday, Jan. 4, 2017. Members of Google’s “shadow workforce” of temporary workers and contractors is demanding higher wages and equal benefits to full employees in an open …
Read More »Waymo starts commercial ride-share service
Geoff Robins | AFP | Getty Images John Krafcik, CEO of Waymo speaks at a press conference at the 2017 North American International Auto Show in Detroit, Michigan, January 8, 2017. After months of testing and millions of miles developing self-driving vehicle technology, Waymo has officially launched the country’s first …
Read More »Facebook is no longer Glassdoor’s ‘Best Place to Work’
Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. After a tumultuous year, Facebook has lost its footing …
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