Blue Apron shares slipped below their IPO price Friday, a shaky start for the meal-kit delivery company. The stock sank as much as 4.5 percent amid growing concerns over the impact of tech giant Amazon‘s pending acquisition of Whole Foods Market and if Blue Apron would be able to cut marketing costs and retain customers. […]
Read moreA decade ago, in 2007, then roommates Brian Chesky and Joe Gebbia rented air beds to three guests in their apartment on Rausch Street in San Francisco, because a local design conference had booked up all the rooms in local hotels. The cash the roommates made went toward rent. Now, in 2017, the accommodations-rental platform […]
Read moreLoup Ventures’ Gene Munster says conventional cars will soon be viewed as “horses” compared with Teslas. The closely followed venture capitalist spoke in a CNBC interview Friday after the electric-car maker’s CEO, Elon Musk, teased that he would make an announcement about the release date for the highly anticipated Model 3 car. Tweet 1 Musk […]
Read moreA “state actor” was behind the cyberattack that hit over 12,000 devices in around 65 countries on Tuesday hitting major industries from advertising to oil, according to NATO. The “Petya” ransomware attack encrypted files on a computer and demanded $300 worth of the cryptocurrency bitcoin in order to unlock them. Kaspersky Lab estimates at least […]
Read morePhilippines President Rodrigo Duterte begins his second year in office on Saturday as a hugely popular leader, after taking Filipino’s on a promised “rough ride” during his first 12 months in power. The former mayor has been heavily criticized for a number of foreign policy U-turns, his confrontational style and, most notably, his administration’s unprecedented […]
Read moreAs U.S. officials investigated in January the FSB’s alleged role in election cyberattacks, U.S. technology firms were quietly lobbying the government to soften a ban on dealing with the Russian spy agency, people with direct knowledge of the effort told Reuters. New U.S. sanctions put in place by former President Barack Obama last December – […]
Read moreBUSINESS travellers, you can rest easy. Or, rather, you can forget about resting easy and continue to work through your flight. The anticipated expansion of a ban on laptops and other portable electronics devices in carry-on bags on flights to America is not coming to pass. Instead, you might be facing longer lines in airports […]
Read moreChina urged the United States to revoke immediately its “wrong decision” to sell Taiwan $1.42 billion worth of arms, saying it contradicted a “consensus” President Xi Jinping reached with his counterpart, Donald Trump, in talks in April in Florida. The sales would send a very wrong message to “Taiwan independence” forces, China’s embassy in Washington […]
Read moreThe first half of the year comes to a close Friday, and it certainly has been a strong period for stocks. Year-to-date gains through Thursday: the Dow was up 7.7 percent, the S&P 500 is up 8 percent and the standout Nasdaq has soared over 14 percent. Over the past two decades, stocks have generally […]
Read moreLatinos are better represented at Google compared with a year ago, according to the company’s latest diversity report. And more women hold technical roles. But not by a lot. Google remains mostly white, Asian, and male, and that hasn’t budged much in the last year. Here’s the breakdown of how things changed in 2016. Latinos […]
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