[ad_1] Slack followed others in the tech industry like Facebook, Twitter, and Box, by announcing that it intends to become a more “distributed” company and allow more remote work even after the coronavirus crisis ends. The goal is to give …
Read More »Tesla sales in California plunged amid the coronavirus — now all eyes are on China to make up the difference (TSLA)
[ad_1] Tesla registrations, a key indicator for sales, fell dramatically in April and May in California, according to new data. The unexpected news did little to shake investor confidence in the high-flying stock. It’s the first look into how Tesla’s …
Read More »TikTok's parent company reportedly saw $5.6 billion in revenue during the first three months of 2020
[ad_1] ByteDance, the parent company of short-video app TikTok, generated $5.6 billion in revenue for the first-quarter of 2020, Reuters reports. This figure represents 130% growth in revenue year-over-year for the China-based company, which is now reportedly worth more than …
Read More »Instacart founder Apoorva Mehta is now a billionaire, Forbes says
[ad_1] America’s newest billionaire is Apoorva Mehta, the 33-year-old founder of grocery delivery app Instacart. Forbes added Mehta to its Billionaires List after Instacart’s latest funding round, which valued the app at $13.7 billion (up from an $8 billion valuation …
Read More »Silicon Valley's elite wants yet again to abandon land and live on floating cities in the middle of the ocean that operate outside of existing governments
[ad_1] The founder of a Silicon Valley think tank promoting the construction of seasteads — or floating cities that operate independently of existing governments — told The Telegraph that he’s seeing an increase in interest. The news comes as the …
Read More »The best gaming deals we're expecting from Amazon Prime Day 2020
[ad_1] This year’s Amazon Prime Day is bound to be full of awesome deals on gaming devices, from consoles to laptops and accessories — especially with Xbox Series X and PS5 coming for the holidays. It’s likely that Amazon and …
Read More »Ebay's ex-PR boss reportedly told former CEO Devin Wenig 'we are going to crush' the woman targeted in the bizarre pig fetus and porn harassment allegations
[ad_1] Earlier this week, the Department of Justice charged six former eBay employees in connection with a 2019 cyberstalking campaign against company critics, who were allegedly sent anonymous packages including a bloody pig Halloween mask and a book “on surviving …
Read More »Silicon Valley tore up the playbook for dealing with Washington DC. Now Facebook, Twitter and Google are bracing for turbulence.
[ad_1] Twitter’s move to label certain tweets from President Trump has triggered a reckoning for social media platforms, which have generally spent the last few years placating politicians. Snapchat followed suit, removing Trump from its Discover page, and Facebook is …
Read More »Microsoft pitched facial recognition technology to the DEA as recently as 2018, newly-released emails show (MSFT)
[ad_1] Emails released by the ACLU show Microsoft pitched facial recognition tech to the federal Drug Enforcement Administration as recently as 2018. Microsoft President Brad Smith says the company does not sell facial recognition to US police departments, and committed …
Read More »The global commercial payment market is worth $125 trillion and ready for a shakeup. Mastercard's new solution is setting out to modernize the industry.
[ad_1] Though digital technology has transformed many parts of the business landscape, commercial payments have been slower to adopt automation. There are many benefits to automation, including improving cash flow. Mastercard recently introduced Mastercard Track Business Payment Service, which allows …
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