Juicero, the start-up that raised over $100 million in venture funding to create a juicing machine that originally sold for $700, said on Friday that it’s closing up shop. Inspired by brands like Keurig and Sodastream, Juicero presses required the use of squeezable fruit pouches that were shipped to customers’ doors and had to be […]
Read moreAmazon has had a good year, but Alibaba has had an even better one – and it’s now within striking distance of surpassing Amazon as world’s biggest ecommerce company by market cap. Amazon is up 30 percent this year while Alibaba‘s stock has nearly doubled as both companies race to a $500 billion in value. […]
Read moreThe CEO of a herpes vaccine company at the center of a controversy over an off-shore clinical trial on Friday said that future testing of the drug will follow U.S. Food and Drug Administration oversight rules, as demanded by a new group of financial backers that includes venture capitalist Peter Thiel. In an impassioned interview, […]
Read moreBuying your first home is a major milestone and a major investment. If done incorrectly, the consequences can be costly. Millennials and GEN-Yers make up the biggest share of homebuyers, according to the National Association of Realtors, so it’s vital that young people look out for some of the most common mistakes, says Adam Contos, […]
Read moreThe acquisition of Whole Foods Market may finally be complete, but Amazon still has work to do. The tech giant has been pushing to expand its online grocery business, seeing it as an emerging opportunity. However, to do so, the company may need to do something a little out of character for the brand — […]
Read moreMore than 600 gigabytes of files left unsecured on an Amazon server by third-party communications company BroadSoft were leaked last month. The four million Time Warner records contain the personal details of its customers, and include usernames, email address and financial transaction information, according to Gizmodo. “Certain non-financial information of legacy Time Warner Cable customers […]
Read moreSutter Health thinks it has found a way to use “predictive analytics” to cut down on costs and improve patient care — and it is willing to pay for it. The non-for-profit health system is planning a partnership with a start-up called Qventus at two dozen of its California hospitals and 30 of its pharmacies […]
Read moreOptions traders appear to be betting that a big tech deal will fall apart. Shares of NXP Semiconductors jumped in October after Qualcomm agreed to buy the company, and the stock has recently risen above the $110 per share bid price. While the stock has risen this week, sentiment in the options market was bearish […]
Read moreThe stock market was kind to Mark Zuckerberg this summer. So was life in general. Facebook shares jumped 14 percent in the past three months, as of Thursday’s close, the best performance among the five most valuable U.S. technology companies. Apple and Microsoft each rose about 7 percent, While Amazon and Alphabet dropped. As Labor […]
Read moreNearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing – no house, no car and no paycheck after missing work. She has applied for assistance from the Federal Emergency Management Agency (FEMA). Her priority: moving her two young daughters out […]
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