Thousands of immigrant tech workers are being sent home under the Trump administration, GoDaddy is out to fight spam, and the Avengers are ready for their End Game. Here’s the news you need to know in two minutes or less. Visa rejections for tech workers are soaring under President Trump On the campaign trail, Donald
Month: April 2019
Lululemon often gets credited with fueling the so-called athleisure movement in the U.S., as many women often don its famous leggings and tops to wear not only to the gym but around town. So what does its new CEO think of the term? “I don’t cringe at it, but I don’t think it represents who
When Mark Zuckerberg turned on Facebook’s News Feed in 2005, his users—exclusively college students at the time—freaked out at the notion that Facebook was automatically sharing their posts with friends. Even digital natives were scared to share much online then. But Zuckerberg waited a few days, explained the product, told his users to “breathe,” and
President Donald Trump wondering what’s up with declines in his Twitter following isn’t actually that strange. But there’s a pretty simple explanation for that, too: It’s a result of the company’s efforts to make its platform better. Trump on Tuesday took to Twitter to complain about … Twitter. He said the company doesn’t treat him
As competition with third-party delivery services heats up, Domino’s CEO Ritch Allison is fighting back against the idea that the pizza chain should outsource its delivery. “We’ve got a loyalty program with 20 million plus active members,” Allison told analysts on the quarterly conference call Wednesday. “So it’s just not clear to me why I
President Donald Trump tweeted invective at Twitter again this morning, but this time Jack Dorsey took the conversation off-platform to the White House. In other news, a controversial US Census question creates some strange bedfellows, and a “blockchain bandit” is pilfering millions in cryptocurrency. Here’s the news you need to know in two minutes or
Even Elon Musk seems a little skeptical of his promise to get 1 million completely self-driving Tesla “robotaxis” on the road next year. The South African-born entrepreneur at Tesla’s Autonomy Investor Day on Monday made a number of bold claims about what’s ahead for the electric car company. Musk unveiled a new microchip that he
Philip Morris International, the tobacco company that sells Marlboro cigarettes, is getting into the life insurance business. Called Reviti, the wholly owned subsidiary will initially sell life insurance in the U.K. with plans to expand into more markets overseas. Smokers will receive discounts if they stop, quit or switch to a possibly less carcinogenic product,
Remember last week when Samsung unveiled its “foldable” phone? Well, it appears there are still a few wrinkles to iron out. Meanwhile, Google walkout organizers say they’re facing retaliation from the company, a new Game of Thrones episode has come, and John Legend is putting Siri to shame. Here’s the news you need to know
The Giving Pledge is the brainchild of some of the most prominent elders of Silicon Valley — people like Bill Gates, Pierre Omidyar, and Larry Ellison — who made billions of dollars in the first wave of tech giants only then to pledge to give most of it away. Silicon Valley, though, thrives on disruption.
More than two dozen new cars, trucks, crossovers and concept vehicles are made their debut at this week’s annual auto show in New York, the sort of roll-out that would traditionally be expected to give a boost to the U.S. new car market. But despite the almost uniformly bullish speeches at the NY show’s media
Rebecca Feldman would like you to get a few facts straight about measles. The vaccine is safe, for starters, said the emergency room nurse practitioner. It doesn’t cause autism, and Vitamin A doesn’t protect you from the disease, she said. Feldman and 14 other Orthodox Jewish nurses are going line by line through a 40-page
Earlier this month the University of Nottingham published a study in PloSOne about a new artificial intelligence model that uses machine learning to predict the risk of premature death, using banked health data (on age and lifestyle factors) from Brits aged 40 to 69. This study comes months after a joint study between UC San
With more than 6,500 locations across the country, Taco Bell is one of the top fast-food chains in the U.S. A recent Harris Poll anointed it “America’s favorite Mexican restaurant.” Much of Taco Bell’s innovation was initiated under the watch of former CEO, Brian Niccol. But in 2018, Niccol left the chain to helm one
WeWork is shuffling around some of its most senior executives as it tries to build out its international presence, which is a big test for the office-rental company in justifying its recent $45 billion valuation. Eugen Miropolski, who previously oversaw WeWork operations in all of Europe and Asia excluding Japan, has been named the company’s
A Bud Light ad targeting two of MillerCoors’ beer brands led the Chicago-based company to take out a full page ad in the New York Times, pull out of a meeting that included Bud Light’s parent and file a lawsuit. But Anheuser-Busch InBev alleged in its response to MillerCoors’ lawsuit that behind the scenes, an
Included in special counsel Robert Mueller’s 448-page report were pages and pages of details about Russia’s attempts to use social media services, like Facebook and Twitter, to sway public opinion before and after the 2016 US presidential election. We’ve been writing about this activity for years, so many of the details were not exactly new.
The online sneaker resale marketplace StockX is in advanced talks to be valued at at least $1 billion in a new round of financing, Recode has learned. DST Global, the late-stage venture firm run by Russian-American billionaire Yuri Milner, is expected to lead the deal, according to people familiar with the matter. It will be
On the same morning Special Counsel Robert Mueller’s report on Russian election interference finally became public, Facebook dropped some troubling news: Millions of Instagram users’ passwords were accidentally stored unencrypted on Facebook’s servers, which means Facebook employees could access them. Facebook first announced late last month that it had stored hundreds of millions of user
Shares of Zoom are in high demand on Thursday morning but there’s one problem: It appears to be a case of mistaken identity. Zoom Technologies (ticker ZOOM) is not the company Zoom Video Communications (ticker ZM) that is expected to begin publicly trading on the Nasdaq on Thursday. Rather, Zoom Technologies is a tiny Chinese
In the immediate aftermath of the horrific attacks at the Al Noor Mosque and Linwood Islamic Centre in Christchurch, New Zealand, internet companies faced intense scrutiny over their efforts to control the proliferation of the shooter’s propaganda. Responding to many questions about the speed of their reaction and the continued availability of the shooting video,
Communities across the country are trying to lure high-tech jobs away from Silicon Valley. It doesn’t seem like that should be hard. Silicon Valley is one of the most expensive places on earth, and as the home to some of the biggest and most valuable companies in the world, the competition for tech talent is
Initial coin offerings have gotten a bad rap—in many cases, deservedly so. Sure, there were blockchain projects with sound dreams and solid business plans. But as the bitcoin bubble swelled in late 2017, ICOs became synonymous with predation: get-rich-quick schemes that involved taking money from anyone who was willing, in return for worthless crypto tokens.
If you were to get all of your news last month from Twitter (and, well, maybe you did), you might reasonably conclude that the Democrat to beat in 2020 is none other than a 37-year-old Indiana mayor with a knack for linguistics and a tongue-twister of a name. According to the social media monitoring service
2019 is supposed to be the year of the monster tech IPO. And it still might be. But, apparently, not without some copious doomsaying. In a year likely to feature some of the most well-known tech startups — Uber, Lyft, Peloton, Slack, Pinterest, and Postmates — finally becoming public companies, the first few months have
U.S. wholesale inventories increased less than expected in February as sales rose for a second straight month. The Commerce Department said on Wednesday wholesale inventories climbed 0.2 percent to a record $668.9 billion. Data for January was revised down to show wholesale inventories advancing 1.2 percent instead of 1.4 percent as previously reported. Wholesale inventories
The convoluted legal battle between Apple and chipmaker Qualcomm may be coming to an end. The companies Tuesday said they’re dismissing all litigation against each other. Apple will pay Qualcomm an undisclosed sum as part of the settlement, which includes a six-year licensing agreement between the companies. The settlement also covers suits brought by Apple’s
Netflix has 148 million paying users around the globe, up 26 percent from the same quarter last year and in line with analyst expectations, according to the streaming video company’s latest earnings report. When you add free trials to active subscriptions, the streaming company now has 155 million users globally. But how big is that
U.S. manufacturing output was unchanged in March after two straight monthly declines, leading to the largest quarterly decrease in production since 2017. The Federal Reserve said on Tuesday manufacturing production last month was restrained by weak motor vehicle output. Data for February was revised up to show output at factories falling 0.3 percent instead of
Silicon Valley’s highest echelon is filled with examples of successful people who have eschewed degrees in favor of entrepreneurship. It’s also filled with immigrants. No one illustrates this better than Tesla and SpaceX CEO Elon Musk, who was born in South Africa. Musk did attain two bachelor’s degrees in the 1990s, one in economics and