A group of people that makes apps has banded together to ask Apple to allow more free trials and better revenue from the App Store. The cadre calls itself the “The Developers Union,” according to its website, and includes over 100 people as of Friday afternoon. The group doesn’t have dues and says it’s a […]
Read moreSAN FRANCISCO — A funny as Lord Carpenter Rover of Sunnyside might sound, please don’t reply to a Facebook prompt asking you to create your royal wedding guest name using details from your past. Facebook is always awash in sharable quizzes and prompts (remember ‘Tell us your first 10 rock concerts‘ last year?) and this […]
Read moreFormer head of J.P. Morgan’s blockchain arm is no longer on Wall Street. But the former insider says major banks like her former employer could get into the cryptocurrency business imminently. “I think it’s coming sooner than people probably think,” Amber Baldet, Former head of J.P. Morgan’s blockchain arm told CNBC’s “Power Lunch” Friday. “But […]
Read moreSquare customers are treating the payment company’s Cash app more like a bank account than the company intended, CEO Jack Dorsey said this week. While that wasn’t a goal, he said Square plans to capitalize on the trend. “People are using this as their primary banking account, and in some case it’s their only bank […]
Read morePresident Donald Trump has directly pressured the U.S. Postal Service’s chief to double the rates charged to e-commerce giant Amazon and other companies, the Washington Post reported Friday, citing three people familiar with the conversations. The president has personally pushed the postmaster general, Megan Brennan, to make the move, which could potentially cost Amazon billions […]
Read moreBaidu on Friday said its operating chief, former Microsoft executive Qi Lu, will be stepping down in July, less than two years into his tenure there. Baidu stock was down more than 9 percent after the announcement. The move is a loss for one of China’s leading tech companies, which are racing like American technology […]
Read moreNetflix has snagged a project based on Michael Lewis’ 2014 non-fiction book, “Flash Boys,” according to Deadline. The story revolves around a group of people that tries to expose “the insidious new ways that Wall Street generates profits.” The adaptation comes just a couple years after the 2015 film, “The Big Short,” also based on […]
Read moreDell has begun talking to holders of its VMware-tracking stock, DVMT, to gauge their interest on a merger with VMware, according to people familiar with the matter. Dell remains bullish on VMware’s future and wants to own as much of the stock as possible, and also wants to clean up the virtualization pioneer’s capital structure, […]
Read moreIn the fight to control CBS, former NBCUniversal CEO Bob Wright has placed all bets on Les Moonves, who he called one of “two really, really good media executives in this country.” He says CBS’ ongoing resistance to a merger with Viacom will put an end to dual share structures at companies, once and for […]
Read moreEmerging market stocks fell deeper into correction territory on Friday and were on track for their worst week in nearly two months. But some see opportunity — if you have the stomach. “These emerging markets stocks are always going to be a higher volatility play, so you have to be willing to deal with both […]
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