As political pressure mounts on social media companies to say where ads are coming from, Twitter will reveal more information about political advertising on its platform. Twitter said in a blog post on Tuesday it would clearly label political electioneering ads, which the Federal Election Commission (FEC) defines as an ad used to promote a […]
Read moreAT&T reported quarterly earnings and revenue that came in just shy of analysts’ expectations on Tuesday. Here’s how the company did: EPS: 74 cents vs. 75 cents expected, according to Thomson Reuters Revenue: $39.67 billion vs. $40.10 billion expected, according to Thomson Reuters Wireless net adds: 3.0 million vs. 1.97 million expected, according to StreetAccount […]
Read moreHedge fund manager David Einhorn says Tesla may only appear to have a lead in autonomous driving cars because, he says, the company is willing to put insufficiently tested cars on the road. “Some of TSLA’s presumed market lead in areas like autonomous driving may more likely reflect TSLA’s willingness to put inadequately tested and […]
Read moreA new subscription offering from Amazon could be a major threat to Lake Forest, Illinois-based industrial supplier W.W. Grainger. Shares of GWW fell more than 3 percent to $202.05 Tuesday afternoon after Amazon Business announced an upgrade to their shipping services for business customers. The new Business Prime Shipping service offers free two-day shipping to […]
Read moreThe Chan Zuckerberg Initiative committed to spend $45 million so far toward prison reform and affordable housing, according to Vice News. The Chan Zuckerberg Initiative was formed by Facebook CEO Mark Zuckerberg and pediatrician Priscilla Chan, Zuckerberg’s wife, to advance social causes in areas such as healthcare and education. Last month, the Chan Zuckerberg Initiative […]
Read moreAmazon is bulking up its service for business supplies with free two-day shipping on select items. On Tuesday, the company launched a Prime membership service for Amazon Business, with subscriptions starting at $499 a year for 10 users and going up to $10,099 for more than 100 users. Amazon Business sells everything from industrial supplies […]
Read moreMicrochips, disk drives, routers, the iPhone. Google, Facebook, Netflix, Airbnb. These are just some of the innovations and innovators rooted in Silicon Valley, a place where disruption is the rule. If only all those big brains could figure out a way to stop Silicon Valley’s persistent sexism problem. It’s ironic, disgusting and perplexing that Silicon […]
Read moreFor the past few months, Jyoti Bansal, founder and former CEO of AppDynamics — which Cisco bought for $3.7 billion earlier this year — has been busy working on a new start-up, as CNBC reported last week. On Tuesday the start-up officially launched. The start-up, Harness.io, is focused on the domain of continuous delivery, which […]
Read moreHulu, the streaming video service owned by several big media companies, is replacing its CEO: Mike Hopkins, the former 21st Century Fox executive who has been running the company since 2013, is out. Randy Freer, another Fox executive who has been president and chief operating officer of that company’s TV business, is in. Hopkins is […]
Read moreGeneral Motors will begin testing driverless cars in a matter of “quarters not years,” CEO Mary Barra said Tuesday. GM’s efforts to jump-start research and development in self-driving cars seem to be paying off: The automaker’s recent strides in the area have boosted its reputation among investors. “GM and Cruise Automation recently deployed our latest […]
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