Facebook is taking another jab at YouTube by expanding its video ad opportunities to more social media stars. The company announced at an event for Facebook video creators on Tuesday it would allow more content to be eligible for its Watch program. By doing so, it opens up the doors for both the company and […]

Britain said Rupert Murdoch’s Twenty-First Century Fox had answered its remaining doubts about the independence of Sky News if the U.S. company buys all of its parent Sky, paving the way for a takeover battle over the pay-TV group. Fox in April offered to spin off Sky News to Walt Disney to head off objections […]

Apple CEO Tim Cook on Tuesday criticized the Trump administration for its “heartbreaking” and “inhumane” policy of separating immigrant children from their parents at the U.S. border with Mexico. “It’s heartbreaking to see the images and hear the sounds of the kids. Kids are the most vulnerable people in any society. I think that what’s […]

Shake Shack founder Danny Meyer is defending his restaurant group’s push into cashless transactions, saying in a blog post, “we’re unaware of any federal law that requires private businesses to accept [cash].” Meyer owns Union Square Hospitality Group, which faced criticism after testing cashless operations at select restaurants. Shake Shack was founded by both Meyer […]

Two years after Express Scripts, the giant pharmacy manager, threatened to remove PillPack from its nationwide network, the company is doing the same thing to CareZone, a venture-backed start-up that delivers medications to customers’ doors. It’s a troubling trend for emerging companies that rely on large pharmacy benefit managers (PBMs), which sit between insurance providers […]

Investors should sell Snap shares because a survey shows time spent per user on its app is declining, according to one Wall Street firm. Cowen reiterated its underperform rating for Snap shares, predicting the social media company will report sales below expectations. “We trimmed our 2Q18, FY18-FY23 estimates, lowering our revenue / EBITDA forecast on […]

White House trade advisor Peter Navarro said Tuesday he has no knowledge of an exemption for Apple‘s iPhones in U.S. trade talks with China. On Monday the New York Times reported, citing a source, that President Donald Trump told Apple CEO Tim Cook the U.S. government would not impose tariffs on iPhones assembled in China. […]

Drugstore chain Walgreens is partnering with health insurer Humana to open senior-focused care centers. They plan to open two locations inside Walgreens stores this fall in the Kansas City, Missouri, area with primary care services, pharmacies and other services like a Humana representative to answer seniors’ Medicare questions. Humana will run the clinics through its […]

Verizon is pledging to stop selling data to outsiders through intermediaries that can pinpoint the location of mobile phones, the Associated Press has learned. It is the first major U.S. wireless carrier to step back from a business practice that has drawn criticism for endangering privacy. The data has allowed third parties to track wireless […]

Amazon wants a hand in all your deliveries, even if the package isn’t coming from Amazon. The e-retailer announced Tuesday it’s rolling out so-called Hubs by Amazon, a last-step delivery option for FedEx, UPS and private mail. It’s essentially a broader use case for Amazon lockers and is marketed to apartment buildings or residences. It’s […]