JPMorgan Chase Buys Fintech Startup WePay
6 years ago
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JPMorgan Chase has just announced that it has purchased WePay, an online payment provider founded in 2008. With clients such as Constant Contact, Infusionsoft, and GoFundMe already using WePay’s service, the start-up [..]
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Tesla Motors Fires Hundreds of Employees Citing “Bad Performance” as the Reason
6 years ago
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Last week, a significant number of employees were dismissed by Tesla Motors following the completion of its annual performance review in spite of the fact that efforts are being made by the automobile manufacturer to enhance [..]
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Mark Zuckerberg Apologizes for Insensitive VR Tour of Puerto Rico
6 years ago
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Facebook chief executive Mark Zuckerberg was fiercely attacked after streaming a live video of him on a virtual reality tour of the hurricane-devastated Puerto Rico which was aimed to promote his new Facebook [..]
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Starbucks Shuts Down Its Online Store. Their Reason for Doing it Kinda Makes Sense.
In a world where every business from giant corporations to local mom & pop stores are pushing to make their business more relevant in the online world, Starbucks has decided to say “no thanks”. This [..]
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Kohl’s will soon allow customers to return items purchased on Amazon.com
7 years ago
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If you live near Los Angeles or Chicago, Kohl’s is about to make returning the things you bought on Amazon.com much easier.
Following announcement that Kohl’s would start selling goods from Amazon in ten of its [..]
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Jarvis or Skynet? Here Are the Different Sides to the AI Debate
7 years ago
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A few weeks ago, two Silicon Valley stalwarts, Elon Musk and Mark Zuckerberg stirred up a mini “maelstrom of cold disses” due to their “disagreement” over AI. AI or artificial intelligence is a [..]
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Uber Selects Expedia CEO Dara Khosrowshahi to Replace Travis Kalanick as Chief Executive
7 years ago
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Dara Khosrowshahi is not your typical high-profile CEO, that’s why it came as a shock to many when Uber’s Board of Directors choose him to replace Travis Kalanick as the new chief executive of Uber. Former CEO [..]
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Elon Musk And AI Experts Call For A Ban On AI Weapons Before They Destroy the World
7 years ago
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In a dramatic turn of events signifying how close the world has probably come to making the “Terminator” series a reality, SpaceX and Tesla CEO Elon Musk, Mustafa Suleyman of Google’s Deepmind and 114 other [..]
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SoundCloud Plans to Replace its CEO as Part of a New “Do-or-Die” Funding Deal
7 years ago
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Thursday Axios reported that SoundCloud is about to get new investment from the Temasek and Raine Group. The investment is estimated to be worth 170 million dollars. A part of this investment will help them pay previous [..]
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Apple Paid Nokia $2 Billion As Payment for a Patent Lawsuit
7 years ago
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Following a battle over patents between Apple and Nokia that worsened last December before it was resolved in May, Nokia has received an upfront cash payment of $2 billion from Apple . The details of the settlement were [..]
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