Business News


FedEx delivery unit hit by worldwide cyberattack

The shipping company is the latest American company rocked by the massive ransomware attack that has disrupted businesses around the world.

16 minutes ago from The Washington Post

Other sources: The Washington Post, Engadget, The Verge show all (4) »

Even a $2.2 billion investment couldn’t solve LeEco’s money problems

 LeEco wanted too much too fast, and its overzealousness caught up with it almost immediately. Chairman Jia “YT” Yueting has long acknowledged the company’s cash problems ...

6 hours ago from TechCrunch

Other sources: TechCrunch, Engadget show all (3) »

Andy Rubin-backed AR hardware startup CastAR reportedly shuts down

 An augmented reality headset startup founded by former Valve employees and funded by Android co-creator Andy Rubin’s Playground Global is shutting down after it failed to receive ...

24 hours ago from TechCrunch

Other sources: TechCrunch, The Verge (2), Engadget show all (4) »

Israeli spy agency creates fund to invest in tech firms

Israel's Mossad spy agency is starting a fund to invest in technology firms creating products that could assist its work, including those involving robotics and encryption, the prime minister's ...

Tue 27 Jun 17 from Phys.org

Other sources: Phys.org, AP show all (3) »

Drive.ai raises $50 million in funding; Andrew Ng joins board

SAN FRANCISCO (Reuters) - Self-driving startup Drive.ai said on Tuesday it raised $50 million in a second round of funding as the Silicon Valley company prepared to deploy its technology in ...

23 hours ago from Reuters Technology

Other sources: Reuters Technology show all (2) »

As Spotify and Pandora struggle, Apple Music lowers its subscription prices

Apple's latest move to corner the music streaming market came quietly but is expected to reverberate quickly.

6 hours ago from Phys.org

Other sources: Phys.org (2), The Washington Post, The Verge show all (4) »

Fraud trial for pharma bad boy Shkreli begins

Martin Shkreli, the former pharmaceutical executive dubbed "the most hated man in America" for his astronomical price hikes on an AIDS treatment, arrived Monday at a federal court to face fraud ...

Mon 26 Jun 17 from Medical Xpress

Other sources: Medical Xpress, Arstechnica, FOXNews (2), Reuters show all (5) »

OnePlus 3, OnePlus 3T To Get Android O This Year

The benefits to being a smaller company with few products in its portfolio is that OnePlus gets to concentrate more and pour more resources and efforts into products that they do have. This ...

Mon 26 Jun 17 from Ubergizmo

Other sources: Ubergizmo show all (2) »

Greek garbage collectors reject compromise as trash piles up

ATHENS, Greece (AP) -- Greece's municipal garbage collectors on Tuesday rejected a government compromise offer and decided to continue an 11-day protest that has left mounds ...

Tue 27 Jun 17 from AP

Other sources: show all (1) »

U.S. antitrust lawsuit against Qualcomm to proceed, judge rules

(Reuters) - The Federal Trade Commission's antitrust lawsuit against Qualcomm Inc can proceed, a federal judge ruled late on Monday, meaning the iPhone chip supplier must now wage a fight with ...

Tue 27 Jun 17 from Reuters Technology

Other sources: Reuters Technology, CNET Cutting Edge show all (3) »

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