Amazon could finally be getting around to launching its small business lending program in China, putting it on a collision course with home-grown juggernaut Alibaba. The company is seeking a manager “with end-to-end responsibility for scaling operations and partner programs in a new strategic initiative in China” for its lending arm, according to a June […]
Read moreGoogle, which books more than $100 billion per year in advertising revenue, announced on Tuesday that it is streamlining multiple advertising technologies into three main products called Google Ads, Google Marketing Platform and Google Ad Manager. While the change is mostly cosmetic, it’s a subtle acknowledgment that consumers are increasingly accessing the internet and viewing […]
Read moreFederal regulators are turning to Facebook, Google and other tech giants to help crack down on illegal online opioid sales. There’s a troubling problem on the internet: it’s not that hard to find opioid pain pills online.The Food and Drug Administration is hosting a summit Wednesday with Facebook and Instagram, Google, Oath’s Yahoo, Microsoft‘s Bing, […]
Read moreElon Musk says Tesla will surprise skeptics who think the company’s Model 3 second-quarter delivery numbers will disappoint, according to an email the Tesla CEO sent to employees. In the email, Musk linked to a CNBC report of a note from Goldman Sachs analyst David Tamberrino. Tamberrino said he thinks the company will report that […]
Read moreEmployees at Alphabet‘s Sidewalk Labs can find inspiration in a yellow book created by the company’s founders. The coffee table book is meant to help employees and recruits get up to speed with the company’s vision to redesign a city from the ground up, according to three people who have seen copies. It includes interviews […]
Read moreLyft is now worth $15.1 billion after a recent $600 million funding round, the Wall Street Journal reported Wednesday, citing the company. That would make Lyft worth a quarter of rival Uber, which in May announced first quarter results and a tender offer that nudges its valuation past $60 billion. The ride-hailing rivals have been […]
Read moreEconomist Larry Summers said Wednesday that Chinese companies’ leadership in some technologies are not the result of theft from the U.S., rebutting the premise behind President Donald Trump’s trade actions against China. “You ask me where China’s technological progress is coming from. It’s coming from terrific entrepreneurs who are getting the benefit of huge government […]
Read moreBillionaire investor Warren Buffett was way ahead of a loud and growing chorus of bitcoin haters, and began questioning its viability five years ago. The Berkshire Hathaway CEO made headlines this year for calling bitcoin “rat poison squared” but he first took on the digital currency at the company’s 2013 annual shareholder meeting, according to […]
Read moreApple CEO Tim Cook has been monitoring his own smartphone usage. And tech executive realized the number of notifications he was getting on his smartphone was overwhelming and unnecessary. So he’s been turning them off — “slashing them,” he says. Cook has been beta testing a feature called Screen Time that will be built into […]
Read moreNvidia shares will thrive as the company releases its next generation gaming graphics chips later this year, according to one Wall Street firm. Raymond James reiterated its outperform rating for Nvidia shares, predicting the company will generate better than expected financial results in its October quarter. “We conducted mid-quarter checks on NVIDIA with channel partners, […]
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