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Amazon Marches Closer to Its Goal of Becoming the Everything Company

Amazon Is Closer to Becoming the Everywhere Company It Wants to Be ImageFor Amazon, which is led by Jeff Bezos, the search for a second headquarters appears to have worked out rather nicely.CreditCreditJim Watson/Agence France-Presse — Getty Images By David Streitfeld Nov. 6, 2018 SAN FRANCISCO — What a farce. That was one of the […]

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IBM is reportedly nearing a deal to acquire Red Hat, the software company valued at $20 billion

Joe Scarnici/Stringer IBM is in talks to acquire Red Hat, the open source enterprise software company, according to Bloomberg. It’s unclear how much the deal is worth, though a source tells Business Insider that it’s in the tens of billions of dollars. Red Hat, which is publicly traded, has a market cap of $ 20.5 […]

Emerging Tech

Elon Musk offers free rides through first Boring Company tunnel from December

[embedded content] Elon Musk says the Boring Company’s first test tunnel for its high-speed transit system will open to the public in a matter of months. In a tweet announcing the news, the billionaire entrepreneur said that free rides will be offered to the public on December 11 after a launch event on the previous […]

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Facebook Content Moderator Says Job Gave Her PTSD, Sues Company

Imagine the worst, most traumatic content the internet has to offer. Now imagine a job that inundates you with it all day, every day. Such was the life of Selena Scola, a former Facebook content moderator who, along with 7,500 or so other people, collectively screened around 10 million posts a week. Now, after being […]

Emerging Tech

Elon Musk’s Boring Company turns digging machine into ‘best video game ever’

After witnessing Elon Musk burning down a doobie in a recent podcast show, many people had an “ahh, I geddit now” moment as they suddenly realized how some of the billionaire entrepreneur’s slightly wackier proposals may have come to be. A couple of days after Musk’s brief encounter with the green goddess, a video (below) […]

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Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded

Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded ImageJack Ma, co-founder and executive chairman of Alibaba, is stepping down at a time when the Chinese business environment has soured.CreditCreditAmir Cohen/Reuters By Li Yuan Sept. 7, 2018 阅读简体中文版閱讀繁體中文版 HONG KONG — Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to […]

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Peloton’s New Infusion Made It a $4 Billion Company in 6 Years

Peloton’s New Infusion Made It a $ 4 Billion Company in 6 Years ImagePeloton received $ 550 million in new financing, it announced Friday. The fitness company, which has found success selling $ 1,995 stationary bikes and class subscriptions, plans to introduce a treadmill for $ 3,995 in the fall.CreditEthan Miller/Getty Images By Erin Griffith […]

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Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You

Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You ImageCreditTyler Comrie By Nathaniel Popper July 29, 2018 SAN FRANCISCO — Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on […]

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From Nazis To Incels: How One Tech Company Helps Hate Groups Thrive

By all standards, the forum Incels.me is a hate group. Littered through well over 1 million messages is a cascade of posts calling for women to be raped, decapitated, stabbed, starved, poisoned, skinned, cannibalized, blinded, mutilated, sodomized, tortured, beaten, burned, enslaved and otherwise brutally killed, simply because they are women. (Unedited excerpts from some of […]

Emerging Tech

Elon Musk sends SpaceX and Boring Company engineers to aid in a rescue mission

The rescue team dedicated to saving the Thai soccer team that has been trapped in a cave for nearly two weeks is growing larger by the day, and its latest members are coming from SpaceX and the Boring Company. According to Elon Musk, who took to his favorite medium (Twitter) to announce the news, engineers […]

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A 32-year-old startup CEO threw up the first time she tried to negotiate a raise – and it inspired her to launch her own company

Kathryn MinshewKathryn Minshew, pictured, wanted to give people a leg up in their careers. The Muse CEO Kathryn Minshew started the company to give people the kind of career guidance she wished she’d had early on. For example, the first time she tried to negotiate a raise, she felt extremely uncomfortable – and threw up […]

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Elon Musk’s Boring Company To Build High-Speed Transit Network In Chicago

Elon Musk’s Boring Company will soon have some boring to do. The tech billionaire’s tunnel-building endeavor confirmed to HuffPost late Wednesday that it had been selected to construct an express transit network between downtown Chicago and O’Hare International Airport. The company claims the trip through its futuristic tunnels will ferry up to 16 passengers in […]