The “eating Tide Pods” meme continues to be one of the more baffling parts of 2018 — which is impressive since we’re just four weeks into the year — but the ramifications of the meme continue to rise. Earlier this week, the American Association of Poison Control Centers (AAPCC) released another alert warning consumers not […]

The already heated battle for the coveted Amazon HQ2 project has been a public relations win for the tech giant. But now Amazon is asking the North American cities among the finalists to use a tactic more often associated with Amazon founder and CEO Jeff Bezos: Secrecy. CNBC’s Scott Cohn confirmed on Thursday that Amazon […]

Disk drive company Western Digital just reported its earnings for the December quarter. The stock dropped nearly 5 percent after-hours despite an earnings beat. Here are the most important numbers: Earnings per share of $3.95 versus $3.79 expected by Thomson Reuters. Revenue of $5.34 billion versus $5.3 billion expected by Thomson Reuters. The company’s total […]

Intel stock rose more than 4.5 percent after the company released better-than-expected earnings for the fourth quarter of 2017 on Thursday. The company will hold a conference call with analysts at 5 p.m. Eastern time. EPS: Excluding certain items, $1.08 in earnings per share vs. $0.86 in earnings per share as expected by analysts, according […]

Billionaire investor George Soros bashed Facebook and Google at a dinner at the World Economic Forum in Davos, Buzzfeed reported Thursday. Soros said the tech companies were a “menace” and “ever more powerful monopolies,” and said they would likely “compromise themselves” to enter the Chinese market, where they have long been banned. “There could be […]

Ford badly needs profits, and bets selling more SUVs will bring them — even really tiny ones. The company is rolling out its EcoSport subcompact SUV to dealerships now. With the move Ford wants to claim a piece of the fastest growing segment of the profitable and popular sport-utility market. Profits are especially important for […]

Friction is increasing between some credit card companies and customers who want to use the cards to buy cryptocurrencies. Bank of America and Citigroup are reviewing policies that allow customers to buy bitcoin with credit cards. The reviews follow news about two weeks ago that Capital One Financial has decided to prohibit cryptocurrency purchases. CapOneTweet […]

Tesla’s problems with battery production at the company’s Gigafactory in Sparks, Nevada, are worse than the company has acknowledged and could cause further delays and quality issues for the new Model 3, according to a number of current and former Tesla employees. These problems include Tesla needing to make some of the batteries by hand […]

J.P. Morgan’s tech analyst said he expects good things from internet earnings next week, when some of the country’s largest companies report their financial results. Given tech’s impressive rally in 2017, analyst Doug Anmuth told clients that expectations for companies like Facebook and Google are high. “We remain positive into mega-cap earnings as our checks […]

Airbnb is adding Ken Chenault, outgoing CEO of American Express, to its board, said CEO Brian Chesky in an open letter. “Airbnb is built on trust. As the CEO of American Express, Ken has built one of the most successful trust-based companies in the world,” Chesky wrote. Airbnb is preparing for an IPO. Chenault will […]