Alphabet Is Putting Out More Money to Drive Traffic and Investors Aren’t Happy

8 years ago0325 Alphabet and Google investors are upset over Alphabet’s decision to raise the cost of driving traffic to its site. Google’s parent company has enjoyed a steady growth rate of over 20% for the past five quarters, and the company has chosen to increase its TAC, traffic acquisitions costs, by 28% to amount to $5.09 billion in the second...

Read More

Jeff Bezos Just “Out-Worthed” Bill Gates to become the Richest Man in the World

8 years ago0386 For the last 22 years, Bill Gates has reigned on Bloomberg’s Billionaire Index as the richest man alive. However, in a long-speculated turn of events, Jeff Bezos, founder and CEO of Amazon, gets a turn in that position. This accession came as Amazon share prices skyrocketed to $1,071.30. This is the highest value that Amazon shares...

Read More

Foxconn Officially Announces New Manufacturing Plant in U.S.

8 years ago0325 Last Wednesday, President Donald Trump welcomed Foxconn CEO, Terry Gou, and Wisconsin state representatives to unveil the Badger state's plan to host a $10 billion project of the Taiwanese company. The announcement ends weeks of speculation about the location of Foxconn’s newest plan for American manufacturing. Ohio and four other...

Read More

Tech Geniuses Beefing: Elon Musk Thinks Mark Zuckerberg’s View of AI’s Future Is ‘Limited’

8 years ago0419 Facebook vs Tesla. Zuckerberg vs Musk. Two billionaire giants have publicly shown their differences of opinions about the future of artificial intelligence. While Mark Zuckerberg is optimistic about the positive influences AI can contribute in the near future, Elon Musk believes the opposite and recently tweeted that Zuckerberg’s...

Read More

Dote Raises $7.2 Million for App

8 years ago0331 When we think about online shopping, we most often think about Amazon. However, this could slowly change as there is a new kid on the block. Dote, a startup that provides exclusive fashion products to consumers, could turn out to be a potential threat to Amazon’s fashion business. Dote recently launched an app which is thought to be...

Read More

Amazon Teams with VMWare

8 years ago0376 Amazon knows how to make an enemy an ally. The company reported last week that will join with its Amazon Web Services (AWS) rival VMWare to develop software for corporate data centers, according to a report by The Information. The news made shares of VMWare (VMW) increase its value by 2.5% last Tuesday and Amazon’s shares went up by...

Read More

Apple Names Deirdre O’Brien VP of People

8 years ago0428 Apple has officially announced Vice President of Worldwide Sales and Operations, Deirdre O’Brien, has been promoted to Vice President of People. After 30 years with Apple, O’Brien will head all HR activities including focusing on talent development, recruiting, and overseeing Apple University. Since her arrival in 1988, O’Brien...

Read More

Chief Revenue Officer Is the Next Senior Executive to Depart at SoFi Amidst String of Exits

8 years ago0369 SoFi, the online personal finance company that specializes in loans, refinancing, and mortgages, has announced that senior Chief Revenue Officer Michael Tannenbaum will be leaving SoFi, months after co-founder Dan Macklin announced he would be moving on as well. On June 6th, Macklin stepped down from his position as VP of Community...

Read More

Bitcoin Spared Split Into Two Currencies

8 years ago0343 Digital currency Bitcoin has avoided a potential split of currencies in the past week after upgrading its technology to enhance its ability to process more transactions simultaneously. If the split of currencies were to occur, experts questioned the stability and success of Bitcoin in the weeks to follow. Bitcoin miners have voiced...

Read More

Arista Loses Bid with Cisco on Import Ban

8 years ago0333 California based Arista Networks was given a severe blow by the U.S government recently. Arista has been in a dispute with leading network hardware provider Cisco on procurement of switches which it lost. The government refused to set aside an order blocking importation for some of the switches for Arista. The U.S International Trade...

Read More

ABC News Wants to Reach Millennials So It's Betting Its Money on a Social Video Partnership

8 years ago0300 ABC News announced on Tuesday a collaboration with ATTN:, a video news site focused on younger audiences. ATTN: was launched in 2014 and attracts 500 million monthly video views. The site produces video and news pieces focused on a variety of political and social issues. The main focus of the deal is to co-produce videos for social...

Read More

Amazon Business Experiences Exponential Growth, Now Has 1 Million Customers

8 years ago0346 Amazon has been in the news for the last several weeks for acquiring a major grocery chain as well as several tech startups, with the goal of becoming a one-stop shop for all consumer goods. However, Amazon isn't just going after retailers and grocery stores it is also capturing a significant share of the business supplies space as...

Read More