China announces $75 billion tariff on U.S. goods
The trade war between the United States of America and China has further intensified. On Friday, Beijing announced that it would be imposing a new…
Business
Amazon vows to stop using tips to pay drivers minimum wage
While food delivery startup, DoorDash, is trying to rebuild its reputation after the company came under fire earlier this week for not changing its pay…
DoorDash makes new promise to pay tips next month
Following the backlash against DoorDash after reports that the company, who previously did not pay their employees their tips, is still not implementing the reforms…
Indian startups are now exempted from ‘angel tax’
India is finally closing the books for a long-standing dispute that has affected the country’s booming startup industry, after the country has decided to exempt…
Netflix expected to lose market share to streaming rivals
In the latest report by eMarketer, Netflix is still the top subscription streaming service in the United States. However, Netflix’s competitors have started cutting its…
Walmart files a lawsuit vs Tesla after solar panels start fire
Walmart accuses Tesla of breach of contract and systemic negligence.
Court favors Ryanair Airline’s bid to stop Irish strike
The Dublin based low-cost airline Ryanair has won a high-court injunction that would stop its Irish pilots from striking this coming Thursday and Friday. The…
DoorDash is still ‘stealing’ their riders’ tips
Riders for DoorDash are now asking their customers to tip them in cash instead.
AI open source leader H2O.ai secures funding worth $72.5 million
H2O.ai, a leading name in Open Source artificial intelligence and automatic machine learning, announced that it has secured $72.5 million from a Series D funding…
Amazon faces backlash over single-use plastic packaging
While the rest of the world is starting to succumb to the popular pro-environment sentiments, Amazon, on the other hand, started using single-use plastic envelopes…
Binance set to launch new open blockchain project ‘Venus’
Cryptocurrency exchange giant, Binance, announces today in an official press release that it will launch Venus, a brand new open blockchain project designed to “develop…
‘Mahmee’ is a startup that wants to help new mothers through an app
Mahmee aims to help new mothers to safeguard their health through an app that connects them to healthcare services and other resources to help women…
TuSimple self-driving trucks is the future of cargo delivery
Cargo and mails have been delivered inside Arizona by self-driving trucks that people don’t even know about as UPS has only announced this week that…
Alibaba’s Joe Tsai buying Brooklyn Nets and Barclays Center for $3.5 billion
Joe Tsai is reportedly buying the Brooklyn Nets and the Barclays Center for around $3.5 billion. The agreement could be announced as soon as Friday. The…
YouTube and Google sued by creators over LGBTQ discriminatory claims
YouTube LGBTQ creators filed a lawsuit.
Tencent second-quarter earnings beat market expectations
China’s Tencent has reported an increase in its Q2 2019 earnings. The multinational investment holding conglomerate posted a $3.44 billion net profit for the June…
Jyske Bank pays customers to borrow money
A Danish bank is practically paying people to take loans from them as they started offering mortgages at a negative interest rate. Yes, you read…
Flatfair aims to provide better deposit-free rental service with new funding
Flatfair’s insurance-based system is becoming a method landlords opt instead of costly security deposits
Virgin Australia now offers a dedicated baggage allowance for children
To provide toddlers and parents a more relaxed flight.
Amazon reportedly buying a 10% stake in India’s Future Retail
Amazon is moving towards closing a deal with India’s Future Retail Ltd. Reports indicate that the U.S. retail giant is buying a 10% stake of…
Business Management Specialist ‘vCita’ welcomes ‘WiseStamp’
In a whole acquisition deal.
The Hotel-by-the-minute startup, ‘Recharge’ now calls itself Globe
Recharge rebranded to become Globe to focus more on home-stay services.
Venmo allows Instant Transfer Cash Option to all US Bank Accounts
Venmo, PayPal’s mobile payment service, will finally offer an instant money transfer feature that will allow transfer transactions directly to any US bank account. Venmo…
Verizon approved selling Tumblr to WordPress; restrictions on adult content remains
With its new management, the ban on adult content continues. But, this time, it’ll take on WordPress’ open-source software to provide users a more comprehensive set of capabilities.
Foot Locker teams up with Nike to open more ‘Power Stores’
The American sportswear and footwear retailer, Foot Locker is partnering with Nike to set-up more “Power” stores across the United States. Both brands have been…
Space launch startup ‘Vector’ mired with financial issues
Amid reports of other problems.
Salesforce to acquire ClickSoftware for $1.35 billion
California based cloud-based service provider Salesforce is poised to buy the privately held US-Israeli software company ClickSoftware for $1.35 billion. The estimated value is a…
Viacom sees Ad Growth in the US; talks with CBS for merger continues
Viacom Inc. — the company that owns leading cable network channels such as MTV, Nickelodeon, and Comedy Central — has beaten its quarterly revenue and…
SEA online car market giant Carro acquires Jualo for $30 million
Towards its further planned market expansion to Indonesia.
Chernobyl-born ’Atomik Vodka’ wants to change people’s perception
A bottle of vodka made out of grains harvested from the famous Chernobyl disaster site.
Voxel51 adds $2 million funding for its video-based traffic scanning service
Taking verified identification via visual analysis at the next corporate step.
EHang plans to deploy Flying Car Service in Guangzhou officially
Soon to be the first flying car city in the world.
Aquinox merges with cancer-specialist startup Neoleukin
Doubling the cancer treatment development efforts.
Opsani secures $10 million to develop Cloud App Service Optimization AI
Kicking off the cloud system and service automation suite towards 2020.
FlixMobility will take over transportation with new funding
FlixMobility includes busses and trains but is also looking to include cars and planes too
Podcast-helping platform, Glow raised $2.3M in funding
Enabling a platform that caters to both listeners and podcast creators.
Toyota and AI startup Preferred Networks team up to enhance assistant robots
Towards a full, machine-learned support system.
Postmates tests sidewalk delivery robot in the streets of San Francisco
San Francisco becomes the first city to officially allow companies to test robots in public spaces
Nike acquired startup company, Celect to understand consumer preference better and clean up its inventory
Celect is an AI cloud computing tech that will enable Nike to understand its customers better.
Startups are starting to use bitcoin as payments but taxation system remains a roadblock
The future of bitcoin as a payment system is at risk as regulators are setting up roadblocks into how people can use the virtual asset…
After securing a $72 million funding and a new partnership, LanzaTech aims to expand the technology
LanzaTech uses trained bacteria to feed off carbon emissions to produce ethanol.
Disney Plus CEO shared plans, pricing, and possible lineup ahead of the streaming service’s upcoming release
The Disney+ bundle is the same price as Netflix’s most popular offer in the US.
Spaceflow transforms buildings into a desirable experience
Spaceflow is a digital concierge where it grants you access to desired amenities and activities.
This 22-year-old dominated Silicon Valley with new machine-learning technology
Scale AI Inc. helps companies by training their tech to become smarter and more efficient.
The Federal Reserve will soon develop a round-the-clock payment service
They are asking your comments and suggestions on how to design the FedNow service.
Senators want Google to make contractors full-time employees
Ten US Senators sent a letter to Google, demanding them to make contractors, who worked for 6 months in the company, full-time employees.
InsideView ready to accept old Data.com customers via platform update
Riding the first wave of users with new service enhancements.
You Could Soon Make Your Own Clothes With This AI That Creates Machine-Readable Knitting Patterns
MIT researchers trained an AI to translate photos into knitting patterns in two different software called InverseKnit and CADKnit.
Yellow Cab Made Ten Tesla Model 3 As Taxis — A Smart Idea?
Using an electric vehicle is an environmentally-friendly solution, but it’s also an efficient change to the way we travel in urban locations
Latin America VoIP Market Expects 15% Growth By 2025
The VoIP market in Latin America is expected to witness an increased rate of 15% during the forecast timeline. Rising internet usage, increasing investments in…
Millions Affected By Capital One Breach
A hacker successfully penetrated sensitive information from Capital One Financial Corp., the fifth-biggest U.S. credit-card issuer. Personal information of over 106 million people has been…
BeyondMeat To Make Plant-Based Bacon And Steak
BeyondMeat’s bacon and steak are still in development but should be available to customers soon now that they have new lab
DoorDash Chief Vows To Pay Their Workers’ Tips
The details of the new policy will be announced “in the coming days.”
Philippines Jollibee Acquires Coffee Bean And Tea Leaf For $350 Million
Jollibee Foods Corp. acquires Coffee Bean and Tea Leaf to grab a spot in the world’s top 5 largest fast-food companies.
DoorDash Is Stealing Their Workers’ Tips To Pay For Their Wages
Instead of adding tips on top of their wages, DoorDash kicks off its wages by the amount of the tips their dashers received.
Microsoft Bets $1 Billion On OpenAI’s Ambition To Harness The Human Brain In Tech
Microsoft is getting in bed with OpenAI, and the price tag is worth $1 billion.
There’s A Flame-Throwing Drone You Can Buy, And It’s Completely Legal
The flame-throwing device can actually be used for industrial purposes other than burning people to the ground
Netflix Investing In Originals Amidst Second-Quarter Loss
Netflix originals are starting to pay off for the streaming giant despite the subscriber loss in the past quarter.
2.2 Million More Patient-Victims Of AMCA Data Breach Came Forward
Clinical Pathology Laboratories blamed AMCA for not providing them enough information back in June.
Treasury Chief Says Crypto Is A “National Security Risk”
A new jab was thrown against Bitcoin and cryptocurrencies from the US government after statements from the U.S. Treasury Secretary branded the industry as a…
Senator To Facebook’s Libra: ‘Can People Trust You?’
When it comes to Facebook’s Libra, the US government has made one thing clear: they don’t trust the tech giant and its plan to release…
Low Sign Up Prompts Desjardins To Offer Identity Theft Protection To All Members After Data Breach
Only 13% of the affected members signed up for their earlier offer.
Political Stand-Off: Chinese-Canadian Goods
Canada cites 900 Chinese products with “detected problems” while China continues with bans against Canadian agriculture and poultry
Recent Effect Of ‘Entity List’ Issue: Huawei Will Lay-off Hundreds Of Employees
Huawei is set to lay-off hundreds of Futurewei employees across the US.
Amazon’s Workers Plan To Disrupt Prime Day With An Organized Strike
Customers are hyped with Amazon’s Prime Day, that’s starting on Monday. For 48 hours, deals on products ranging in technology, kitchen and household items, books,…
Barneys Might File For Bankruptcy
Another retailer struggles with fierce competition against online retailers.
All You Need To Know About Amazon’s Prime Day 2019
Amazon’s annual 24 hours sale for its Prime Users known as “Prime Day” will start on Monday at 2:59 AM (EST). Launched in 2015, Prime…
Uber Shares Successes Of New Products: ‘Quiet Mode, Uber Copter, And Uber Transit’
You can now get an 8-minute ride to JFK Airport. You’ll never miss a flight because of traffic, ever again!
Starbucks Apologizes As #DumpStarbucks Goes Viral
Starbucks issued an apology immediately as #DumpStarbucks trended worldwide.
Nike Racist ‘Betsy Ross’ Shoes Becomes An Instant Collector’s Item
Nike decided to admit fault and cancel the Besty Ross-inspired Air Max 1s due to its racist connotation. In an ironic twist, it became a collector’s item selling at $2,000
More Support For ‘Re-Classification Of ICs Into Employees’ As Uber And Lyft Unite Against It
Uber and Lyft drivers get more support for Assembly Bill 5 after San Francisco’s Public Safety and Neighborhood Services Committee hearing last June 28.
Fourth Of July May Have Lesser Fireworks Due To US-China Trade Wars
Independence Day is just around the corner and Americans are gearing up for the festive Fourth of July celebrations. However, ongoing trade wars between the…
Medtronic Recalls Insulin Pumps At Risk Of Cyberattack
Medtronic MiniMed recalls some of its insulin pumps after the US Food and Drug Administration warned the company that some of its products are vulnerable…
Bank Of America Now Refuses To Fund Private Prisons
Bank of America, the second largest bank in the country, finally breaks its silence about funding private prisons and other immigrant detention facilities through government-commissioned…
‘Libra’ Faces Roadblocks As Partners Lose Confidence
Partners only signed membership to Libra Association because they can easily back out.
We Could Lose 20 Million Jobs To Robots If Policymakers Fail To Balance Progress
Is this real-life robot invasion?
American Tech Companies Found A Way To Circumvent The ‘Huawei’ Ban
Intel and Micron found a way to circumvent the Trump administration’s ban against Huawei and resumed selling parts to them three weeks ago.
Huawei Continues To Dominate 5G Race Despite US Campaign
[bctt tweet=”Huawei is providing equipment to one-third of the worlds 5G connectivity despite the Trump administrations campaign against the use of their equipment ” username=”Z6Mag”]
‘AT&T’ Faces Class Action Over Undisclosed “Administrative Fee”
AT&T denied all the allegations saying “the lawsuit is wrong.”
‘Commerce Department’ Sued By ‘FedEx’ To Block Imposition Of Export Restrictions
[bctt tweet=”FedEx took the Commerce Department to court to block the federal agency from imposing export restrictions against company.” username=”Z6Mag”]
China Builds The World’s First Mega Tanker To Secure Its Oil Supply
China’s petroleum industry has been increasing rapidly, which undoubtedly places the country as the fourth-greatest oil producer in the world. China has been exporting massive…
‘TripAdvisor’ Proactively Invalidated Passwords They Found On “Lists Of Publicly Leaked Passwords”
The move was to prevent credential stuffing attack against TripAdvisor and their members.
Clean Energy Company Partners With Big Oil Companies: An Irony
Carbon Engineering partners up with Big Oil Companies to reduce CO2 and convert it into synthetic fuel, which seems counter-intuitive. What do you think?
Walmart Implements AI-Based Check-Out Monitor; Another Privacy Concern?
Walmart’s AI-based program can detect if an item does not go through the register. It’s proven to lessen shoplifting.
Slack Technology’s IPO Strategy Yields Good Results
Slack becomes the third tech company to get the highest opening trading price in its Thursday’s IPO launching.
‘Desjardins’ Employee Leaked Banking Data Of 2.9 Million Members
The employee with “ill-intention” is now fired.
Why Paris And Other European Cities Don’t Approve Of Airbnb
[bctt tweet=”Paris and 9 other cities are saying that Airbnb has contributed to the growth of homelessness and increases in rent rates” username=”Z6Mag”]
‘Fusion Connect’ Filed ‘Chapter 11 Bankruptcy’: What You Need To Know
Will Fusion Connect ever exit bankruptcy and emerge a stronger company?
‘Stop Bad Robocall Act’ Is The House’s Way Of Ending Robocalls
But how exactly is it different from Senate’s TRACED Act?
‘AMCA’ Files For Bankruptcy; Lays Off 78% Of Workforce Amid Data Breach
The data breach exposed financial information including SSN and credit card information of more than 20 million Americans who used the AMCA billing portal.
‘Libra’ Could Be A Victim Of Bad Rep Over Facebook Security
Will Libra survive a storm coming?
The ‘Trade War’ Makes ‘Apple’ Consider Moving Production Out Of China
[bctt tweet=”Apple is considering moving out15%-30% of its production from China to other Southeast Asian countries and Mexico, reports suggest.” username=”Z6Mag”]
Boeing Moves To Florida To Develop Space Initiatives
[bctt tweet=”Boeing will be moving its space headquarters to Florida to follow the nation’s history makers in space exploration ” username=”Z6Mag”]
Google To Spend $1 Billion In Housing Relief In San Francisco Bay Area
With tech companies plaguing cities they call home, housing rates increased drastically due to the sudden influx of employees. Hence, with that in mind, Google is finally addressing the problem along with $1 billion. But it’s not for free.
Mastercard Inc. Is Celebrating Pride With True Name Cards
[bctt tweet=”Mastercard Inc. is recognizing trans identities with new True Name cards that allows trans people to use chosen names without the need for legal name changes” username=”Z6Mag”]
Facebook Unveils ‘Libra’ With Ambitious Promises
This ends all the rumors regarding Facebook’s own digital money.
It’s Time To Raise The ‘Federal Minimum Wage’
[bctt tweet=”The US federal minimum wage has remained at $7.25 an hour for the past decade, it’s time for a salary hike with a growing US economy and a tight labor market.” username=”Z6Mag”]
‘Beyond Meat’ Is Introducing Ground Beef In Its Product Line
[bctt tweet=”Beyond Meat is launching a plant-based ground beef alternative that tastes and cooks like your regular pound of ground beef” username=”Z6Mag”]
Uber Elevate Revealed First Glimpse Of Aerial Delivery
[bctt tweet=”Uber Eats is taking food deliveries to the sky as early as this summer over San Diego” username=”Z6Mag”]
The North Face Google Search Campaign Denounced By Wikipedia — Company Blamed Lack Of Communication
[bctt tweet=”The North Face hacked Google’s top search results by exploiting Wikipedia.” username=”Z6Mag”]