Category: business

Microsoft investors want Bill Gates out

October 2, 2013

Microsoft investors want Bill Gates outThree major Microsoft stockholders are said to have begun a campaign to remove Bill Gates as company chairman. They reportedly believe his continued presence at the company is a barrier to progress.

To The Chagrin Of Taxi Lobbists, California Legalizes Ridesharing

September 23, 2013

uber_606Watch out, taxis: ridesharing is legal in California.

Last Thursday, the California Public Utilities Commission (CPUC) voted unanimously (5-0) for the legalization of ridesharing programs within the state, offering a safe passage for companies operating in legal limbo within the state.

LinkedIn now available to kids

August 21, 2013

LinkedIn now available to kidsLinkedIn is to let children as young as 13 join its site. It’s not so much a way to network your way to a paper route as a form of extremely early preparation for college.

Amazon chief Bezos buys Washington Post

August 6, 2013

Amazon chief Bezos buys Washington PostIt’s hard to imagine a more surprising and symbolic example of the change in media than this week’s announcement: Amazon founder and CEO Jeff Bezos has bought the Washington Post for $250 million.

Deceptive Mirrors Has Stores Smiling All The Way To The Bank

August 3, 2013

jobssmileJapanese researchers have developed a system that can make a reflection look like it’s either smiling or frowning.

LivingSocial Shuts New York Office, Lays Off 30

July 17, 2013

living-social-homeLivingSocial, the deals startup competing with the likes of Groupon, is closing its New York office and cutting its events division, effectively ending its own local events as the organization dials-in its business model. This, even after an infusion of $175 million by Amazon.

Wholesale Privacy: Brick-and-Motar Retailers Start Tracking Customers

July 16, 2013

Malls to track shoppers on Black Friday using their cellphones and FootPathConsumers looking to escape the omniscient presence of the Internet at their local mom-and-pop store may be in for a rough surprise: brick-and-motar stores are beginning to use software enhanced cameras to dredge up shopper metrics — a real-world take on the marketing cookies so often used by online retailers.

Google sets its eyes on the gaming world

June 28, 2013

Nexus-Q-only.pngIn its unceasing march towards mastering, if not dominating, nearly every market it chases after, Google apparently has set its eyes on a new territory: video games.

Google Sues The IRS For $83.5 Million

June 28, 2013

google-logoLooking to regain what it’s owed, Google has sued the Internal Revenue Service for a $83.5 million refund, according to a report by Bloomberg.

Uber Expands Despite Crackdown In L.A.

June 25, 2013

uber_606Like a passenger looking for a cab during rush hour, it seems the three major ridesharing applications — Uber, Lyft and SideCar — are trying their luck with every regulatory vehicle that passes by. When some chances pass by, others approach.

Will The Midwest Finally Get Its Startup Scene?

June 22, 2013

Google-Fiber1The idea that tech startups are limited to Silicon Valley has been defunct for some time now. After all, there’s Silicon Alley — New York City’s digital scene — and a good deal of quality startups in Boston. But could a thriving startup environment also be found in the Midwest, including, of all places, Kansas City Missouri?

US Senate Passes Internet Sales Tax Bill With Overwhelming Support

May 7, 2013

042913_dotcom_internet_640It wasn’t even close. It was in the political realm a safe, bipartisan, landslide victory. On Monday night the United States Senate approved S.743, also known as the Marketplace Fairness Act, with 69 Senators voting for, and a paltry 27 voting against. The bill, which would allow states to collect sales taxes from online businesses outside of their borders, now moves to the House of Representatives for a vote.

Senate Seeks To Tax Online Retailers, eBay Lobbies Against

April 22, 2013

It appears the sales-tax free status of online purchases may be entering into the cold December of its days, and it’s only April. The U.S. Senate is expected to pass legislation which could allow states to tax online purchases some time this week, and that’s bad news for retailers like eBay.

Privacy Concerns Shouldn’t Limit The Use of Autonomous Drones

April 13, 2013

The last thing Google’s Eric Schmidt wants to see is a drone hovering over his yard. Not the kind of drone which drops missiles and kills people in Pakistan, mind you, but the kind you can take out of a box and just let loose. The kind of drone that civilians can, and likely will, use in the near future. That’s why, Schmidt argues, they need to be regulated before they even become an issue.

Amazon’s Bezos: Losing Money Is Okay, So Long As The Customer Is Happy

April 13, 2013

For a multi-billions dollar company one would assume being able to articulate how you’re both immediately profitable and making shareholders a great deal of money would be high on the priority list. Not the case for Amazon’s CEO Jeff Bezos who explains to shareholders that caring for customers over shareholder profits can be, well, profitable.

Apple hit by budget-conscious Europeans

April 5, 2013

Apple is set to have an increasingly tough time selling the iPhone in Europe, as consumers become more savvy about how they spend their hard-earned money. Android, with its numerous handsets covering all budgets, will do well from these changing consumer habits, unless, of course, Apple releases its own budget handset.

What Bitcoin is, and why it matters

March 31, 2013

The Bitcoin, the digital currency that many either love or hate, has recently surpassed $1 billion in value. That mark, which was past by some combined 10.9 million Bitcoins according to TechCrunch, doesn’t mean the currency’s critics are wrong, but it does suggest that a digital “crypto-currency” can work.

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