Company

admin September 7, 2018

Germany’s biggest companies are taking a stand against racism. Volkswagen (VLKAF) on Friday joined Siemens in a forceful denunciation of hate and xenophobia following a series of violent protests in Germany. Top executives from Europe’s largest carmaker addressed employees at a plant in the eastern city of Chemnitz, where right-wing protesters have clashed with police […]

admin September 7, 2018

Facebook has picked Singapore for its first data center in Asia, announcing plans to spend $1 billion on a project that highlights its growth ambitions in the region. The company is joining other tech heavyweights like Google (GOOGL) and Microsoft (MSFT) in pouring big sums into network infrastructure in Singapore to power the online services […]

admin September 7, 2018

Richard DeVos, the co-founder of Amway, died Thursday. His death, at age 92, was announced by his grandson Rick. He died at his home in Ada, Michigan, near Amway’s headquarters. The cause was complications from an infection. DeVos had been president of Amway from its 1959 founding until he retired in 1993. His son Doug […]

admin September 6, 2018

Bitcoin investors are getting their digital butts kicked lately. Hard. Bitcoin prices have plunged more than 20% in the past two days. Ethereum, Litecoin, Ripple and other cryptocurrencies have suffered similarly large drops. The reason for the latest pullback? A Business Insider report that investment banking giant Goldman Sachs (GS) may be dropping plans to […]

admin September 6, 2018

PepsiCo will fund startups to learn how they do business and stay on top of the hottest food trends. The company announced on Thursday that it is launching a North American accelerator program to help food and beverage startups grow. The six-month program, Nutrition Greenhouse, gives ten startups $20,000 each and matches them with a […]

admin September 6, 2018

Siemens is urging its employees to speak out following a series of violent protests in Germany. The engineering company sent a letter to its 4,300 employees in the German state of Saxony on Tuesday, encouraging them to combat xenophobia and defend Germany’s reputation for tolerance. “It is time … to stand up for tolerance and […]

admin September 6, 2018

Dara Khosrowshahi marked his one-year anniversary at Uber by reinforcing how rider safety is a top priority for the company. At a press event in New York City on Wednesday, the CEO unveiled new Uber safety features such as Ride Check, a GPS-powered tool that uses a smartphone’s sensors to detect an unexpected stop or […]

admin September 5, 2018

Now that Amazon joined Apple in the trillion dollar market value club Tuesday, the race is on to see which company can cross $2 trillion. At least one analyst is predicting that Amazon will eventually beat Apple to the mark. D.A. Davidson’s Tom Forte said in an email Tuesday that Amazon (AMZN) may have the […]

admin September 5, 2018

Toyota is recalling more than 1 million of its hybrid vehicles worldwide over a potential fire risk. The automaker said Wednesday that the safety recall covers its Prius, Prius plug-in hybrid and C-HR SUV models and is intended to repair a problem with their electrical systems, which in some cases can cause fires. More than […]

admin September 5, 2018

China’s biggest ride-hailing company is introducing a host of new safety features after two female passengers were murdered in less than four months. Didi Chuxing is making it easier for customers to contact the police and trusted friends and family in an emergency, it said in a statement Tuesday. The company is upgrading its existing […]