If you are planning on traveling this Independence Day holiday you’re going to have plenty of company. That is because AAA projects a record breaking 44.2 million people will travel 50 miles or more between June 30 and July 4—a whopping 1.25 million more than last year and the most ever measured by AAA’s projections. […]
Read moreJeremy Stoppelman, chief executive of Yelp, the local search and reviewing site, would like this article to be focused on his company’s growth, or on how its reviews help independent businesses, or on pretty much anything besides what it is about: how Yelp became Google’s most tenacious pest. “If you were to have asked me […]
Read moreTwice in the past month, National Security Agency cyberweapons stolen from its arsenal have been turned against two very different partners of the United States — Britain and Ukraine. The N.S.A. has kept quiet, not acknowledging its role in developing the weapons. White House officials have deflected many questions, and responded to others by arguing […]
Read moreWhen I heard Toyota’s Prius Prime Advanced had only 25 miles of electric range on offer, the idea of the plug-in Prius sounded laughable. After all, the Chevrolet Volt offers 53 miles on battery power alone before the engine has to fire up, so it’s hard to imagine that something offering half the range would […]
Read moreY Combinator, Silicon Valley’s best known start-up accelerator, thinks it has found a new type of biotechnology start-up. Life-sciences companies come with a high risk of failure—often, the science behind a proposed invention isn’t entirely proven, and turns out not to work. Because of this risk, the traditional way to fund early-stage life sciences companies […]
Read moreLyft is using some of its $600 million in new funding to open driver-service centers—called hubs —to get drivers on the road in a matter of hours. The company has centers in nine U.S. cities and is opening a 10th hub in the coming months, a spokesperson told CNBC, without disclosing the location. They’re currently […]
Read moreCurrency, United States Finance
Ukraine points finger at Russian security services in recent cyber attack
Ukraine said on Saturday that Russian security services were involved in a recent cyber attack on the country, with the aim of destroying important data and spreading panic. The SBU, Ukraine’s state security service, said the attack, which started in Ukraine and spread around the world on Tuesday, was by the same hackers who attacked […]
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The financial markets of Hong Kong have become increasingly intertwined with the mainland through the years, with the launch of the Shenzhen Connect in December last year an example of ongoing developments. Of the 1,995 companies listed on Hong Kong’s main board and Growth Enterprise Market in 2016, 989 were mainland companies, according to data […]
Read moreCurrency, United States Finance
China's Xi talks tough on Hong Kong as thousands protest for democracy
Chinese President Xi Jinping swore in Hong Kong’s new leader on Saturday with a stark warning that Beijing won’t tolerate any challenge to its authority in the divided city as it marked the 20thanniversary of its return from Britain to China. Police blocked roads, preventing pro-democracy protesters from getting to the harbour-front venue close to […]
Read moreYears before the venture investor Justin Caldbeck made unwanted advances toward the female founders who just came forward about the behavior, he made the CEO of Stitch Fix feel uncomfortable enough that she requested his removal as his firm’s observer to her board of directors, according to multiple sources. The CEO, Katrina Lake — who […]
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