Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Saturday 31 January 2015
Whole Foods, Half Off
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Read more: http://ift.tt/15Y5RNl
Comcast Caught Ghost Writing Politicians' Merger Support Letters
In a recent blog post, Comcast's top lobbyist David Cohen proudly proclaimed that Comcast has been seeing a "wide variety" of support for the company's $45 billion takeover of Time Warner Cable. Though most people worry that an even larger Comcast means more usage caps, greater anti-competitive leverage in content negotiations, less media diversity and worse customer service than ever before, Cohen crowed that 70 mayors, 80 chambers of commerce and business organizations and over 60 other...
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Top five skills digital marcomms managers need to succeed in 2015
Successful digital marcomms managers must be able to demonstrate five key traits in 2015 or risk falling behind the competition, according to latest market insight from VMA Group.
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CRTC says no to Internet fast and slow lanes
Canada has emerged as a leader in prohibiting Internet providers from creating fast and slow lanes that would treat similar content in different ways. With the United States embroiled in a heated battle over net neutrality – millions have written to the U.S. regulator to support rules to prohibit Internet providers from creating fast lanes and slow lanes that would treat similar content in different ways – observers might want to take a closer look at how Canada has emerged as a leader...
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3 Short Books to Read to Maximize Your Productivity and Marketing
Check out these small bite-size titles to heighten your business awareness.
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Indian Woman Sues Uber in U.S. Over Alleged Rape
Uber has been the subject of controversy all around the globe. An Indian woman who says she was raped by an Uber driver while she was traveling in his cab in December is suing the San Francisco–based online firm in a U.S. federal court in California, claiming it failed to put in place basic safety procedures while running its car service in India.
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Mashable, Business Insider Get New Funding
Both Mashable and Business Insider are expected to announce significant venture capital investments Thursday, building on a recent trend of hefty cash infusions and valuations for the sector’s biggest players.
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Friday 30 January 2015
Why This Could Be the Year Amazon Finally Reveals How Many Prime Members It Has
If Amazon is going to continue to spend big to attract new members to Prime, it may have to do something it hates.
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EXCLUSIVE: Obama Gives His 'Blueprint for Middle-Class Economics'
America's resurgence is real. With a growing economy, shrinking deficits, bustling industry, and booming energy production, we have risen from recession freer to write our own future than any other nation on Earth.
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FTC Says Unlimited Data With Throttling Doesn't Count as Unlimited
In a case that could have broad implications, the Federal Trade Commission on Wednesday ordered prepaid mobile provider TracFone to pay $40 million for slowing down the speeds of customers who had paid for unlimited data service. While the case was specific to TracFone, a number of carriers still offering unlimited service have been slowing down, or throttling, the speeds of customers who use more than a certain amount of data.
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FCC Officially Redefines Broadband As 25 Mbps Down, 3 Mbps Up
After hinting at such a move for some time, the FCC today voted (along partisan lines, of course) to bump the standard definition of broadband from 4 Mbps down, 1 Mbps up, to 25 Mbps down, 3 Mbps up. It's a change the broadband industry and friends aren't happy with, because it will only further highlight the fact that a lack of competition has left large portions of the country with pricey and slow broadband service.
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Microsoft may have found the perfect way to cap Google at the knees
Google’s Android platform has basically become to smartphones what Windows has long been for desktop computers and laptops — that is, it’s the dominant player in terms of raw market share. Microsoft is obviously not happy that it missed the boat on the smartphone revolution but it may have come up with an ingenious way to undermine Google’s control over Android.
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Thursday 29 January 2015
Exclusive: How This Man Got the Media to Fall for ShipYourEnemiesGlitter Stunt
Last week, the web was both outraged and in love with a controversial new startup called ShipYourEnemiesGlitter.com. The premise was both inspired and insane—for $9.99 you could ship a benign glitter bomb to any friend or enemy anywhere in the world. Time.com covered it, and so did Fast Company, the Telegraph, Huffington Post, TechCrunch (note: the Observer declined to cover it because it seemed suspicious). Then after claiming six figures worth of orders and more than...
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The '90s Startup That Terrified Microsoft and Got Americans to Go Online
Nineteen ninety-five was the inaugural year of the 21st century, a clear starting point for contemporary life. It was, proclaimed an exuberant newspaper columnist at the time, “the year the Web started changing lives.” It was the year when the Internet and the World Wide Web moved from the obscure realm of technophiles and academic researchers to become a household word, the year when the Web went from vague and distant curiosity to a phenomenon that would change the way people...
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Gawker Media Generated $45 Million In Net Revenue Last Year And It's Raising A $15 Million Round Of Debt
Big moves for one of the most influential news organizations in the world.
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What Silicon Valley Thinks of Women
The sexism in Silicon Valley is sordid and systemic. It’s going to take a revolution to bring it down—or a woman’s touch.
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The Witcher 3 Dev on Making a Stand Against Paid DLC
CD Projekt co-founder and joint CEO Marcin Iwiński tells IGN that the developer is releasing 16 free The Witcher 3: Wild Hunt downloadable post-launch content packs to make a statement against the “steeply priced” paid DLC economy. “Because people just paid full price for our game,” Iwiński responded when we asked why the developer is releasing its next 16 DLC packs for free. “We owe them.”
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The Business of Fake Diplomas
With a four-year college degree generally averaging around $80,000, a diploma is the most expensive piece of paper most people ever earn. Though it’s just a flimsy sliver of dead tree embossed with a stamp and signed by the lords of higher education, it’s also a symbol of the hard work -- the blood, sweat, and tears -- that went into being admitted. Unless, of course, you purchase your certificate from one of the dozens of websites offering fake diplomas for as little as $400.
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Wednesday 28 January 2015
Companies may ditch patents in favour of open tech research
More companies than ever before are likely to open themselves, their technologies and their patents up to the public in the next 10 years. The trend, which was popularized by Tesla Motors, is set to be embraced by companies due to the potential benefits for research and development. “I definitely think companies are going to open up parts, and even big companies who have thousands of patents on the shelf which they don’t use, they will slowly sometimes open them up so people can start...
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The Mysterious Way Uber Bans Drivers
Ever wonder how and why Uber drivers get banned? If it’s not for criminal behavior, the waters get murky. What do Uber and Harvard have in common? Both only use the top 10 percent or so of their rating scales. For a Harvard student, the median grade is an A- and for an Uber driver, anything below a 4.7 out of 5 average rating from passengers spells trouble. Or, as one driver memorably puts it on Uber People, a popular...
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Tuesday 27 January 2015
Yahoo rallies as firm reveals plan to spin off remaining Alibaba stake
Yahoo promised to find a way to reduce the taxes it owes when it sells shares of Alibaba and now it has a plan to do so.
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'A Form of Permanent Wage Theft': When the Soaring Price of College Isn’t Worth Ii
Supporters claim for-profit schools provide access to higher education for a demographic neglected by traditional colleges, but their graduates are among the most indebted in the country.
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The New Space Race: One Man's Mission to Build a Galactic Internet
Greg Wyler is friendly and gregarious and talks about his business plans with a fervor that borders on the religious. He’s also frenetic and hard to pin down. So when the technology entrepreneur, who’s based in Sewall’s Point, Fla., suggested our interview take place in Puerto Rico, I accepted. He and his family had chartered a jet and planned to stop in San Juan on their way to St. Bart’s. While his wife and kids had lunch on the plane, we’d chat in the airport about the ambitious...
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Monday 26 January 2015
Transmission Line That Could Bring Wind And Solar Power To Millions In West Gets Go-Ahead
The new transmission lines would span across New Mexico and Arizona, and add up to 3,000 megawatts of renewable energy to the grid.
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Euro falls sharply on Syriza victory
The euro has fallen sharply against the dollar after the anti-austerity Syriza party won the Greek general election. The euro briefly fell as low as $1.1088 - the lowest level against the dollar in more than 11 years. Syriza leader Alexis Tsipras has pledged to renegotiate the terms of Greece's €240bn bailout and reverse many of the austerity cuts. But he said his government wanted a negotiation, not confrontation, with its international lenders.
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Has Technology Killed the Jewelry Industry?
I used to dream of taking over my dad’s jewelry business. I would spend summer vacations in his Los Angeles office taking orders, weighing sparkly loose diamonds no larger than specks of dust, oohing and aahing over cases of bejeweled rings the size of my nose as he prepared for sales trips, and often being reminded that if I wanted to be paid that week, for the last time, food was not allowed to be eaten on the diamond desk. This was back in the '90s, and while some part of these fond...
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As soon as one 'Uber for weed' startup gets cut down, another grows in its place
It was only a matter of time before someone spun the "Uber for __" wheel and landed on WEED. More and more states are voting in favor of legalization. Congress recently instructed the feds to back off medical marijuana. Peter Thiel's venture capital fund just bet millions that legal cannabis is gonna be huge. Why not pair pot with our newfound appetite for on-demand delivery via smartphone?
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What Would Global Wealth Equality Look Like?
The Oxfam charity grabbed headlines this week with a report on global wealth inequality. Their primary data source was the (much more in-depth) Credit Suisse Global Wealth Report, which in 2014 specifically focused on the same subject.
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After a Deal, British Chocolates Won’t Cross the Pond
As a result of a settlement with the Hershey’s Company, Let’s Buy British Imports, or L.B.B., agreed this week to stop importing all Cadbury’s chocolate made overseas. The first ingredient listed on a British Cadbury’s Dairy Milk (plain milk chocolate) is milk. In an American-made Cadbury’s bar, the first ingredient is sugar.
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World backs India against ‘bully’ US
Apprehensive of the US exerting pressure on India to dilute the public health safeguards in its patent laws, organizations from across the world have signed a global petition supporting India's patent law and urging India to stand strong in the face of "US bullying". Along with over 77,000 individuals and 10 organizations working on public health issues in India, the signatories of the petition initiated by the non-profit Oxfam India include 11 organizations from Thailand, where there is...
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Malaysia Airlines Site Hacked by Lizard Squad
Malaysia Airlines ' website has been hacked today by the cyber-attack group Lizard Squad, which now appears to be calling itself 'Official Cyber Caliphate'.
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Sunday 25 January 2015
New credit card phishing scam hits Canada
A new twist on the credit card phishing scam has emerged in Canada, according to the Canadian Anti-Fraud Centre, an agency of the federal government. The new phishing scam is targeting people in the early morning, when they are sleepy and potentially vulnerable. Daniel Williams, a senior call-taker with the Anti-Fraud Centre, says the scam begins with a phone call early in the morning, between 5 a.m. and 7:30 a.m. The caller claims to be from the victims' bank and says...
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Nike sued for use of iconic MJ 'Jumpman' logo
The life of the most successful sneaker franchise of all time is at risk, as a photographer is accusing Nike of using his work to make its famous "Jumpman" logo of Michael Jordan's silhouette. Jacobus Rentmeester is suing Nike in federal court in Oregon for copyright infringement. Not only is he asking for profits associated with the Jordan brand, which generated $3.2 billion in retail sales in 2014, but he also is seeking to halt current sales and plans for the brand's future.
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How to beat Vancouver's hellish housing market: a tiny house
According to a recent international report, Vancouver has the second most affordable housing market in the world, but some people are beating the prices by going small. Really, really small.
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WTF! It Should Not Be Illegal to Hack Your Own Car's Computer
I spent last weekend elbow-deep in engine grease, hands tangled in the steel guts of my wife’s Mazda 3. It’s a good little car, but lately its bellyachings have sent me out to the driveway to tinker under the hood. I regularly hurl invectives at the internal combustion engine—but the truth is, I live for this kind of stuff. I come away from each bout caked in engine crud and sated by the sound of a purring engine. For me, tinkering and repairing are primal human instincts...
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The Satya Nadella Era At Microsoft Is A Smashing Success So Far
If Ballmer were still in charge, the reaction would not be as positive.
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Saturday 24 January 2015
College Claims Copyright On 16th Century Michelangelo Sculpture, Blocks 3D Printing Files
For many years we've been warning that intellectual property wars over things like music and movies were just a preview to the sort of insanity that would come about when 3D printing goes mainstream. We've seen some copyright takedowns of 3D printed objects in the past, but here's an absolutely crazy one. Jerry Fisher, a photographer in Sioux Falls South Dakota, was interested in 3D printing and 3D image capture.
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The MPAA Isn't About Helping Hollywood. It's About Preserving Its Own Need To Exist
I've long believed that the MPAA has this problem in spades. The group, which is supposed to be about helping the big Hollywood studios, has long taken a very different positions. Five years ago, we wrote about how bizarre it was that the MPAA had an entire "Content Protection" division. As we noted at the time, the organization not only had a Chief Content Protection Officer, but also an Executive VP of Content Protection...
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Fake bank swindles China savers
A fake bank which was set up to look just like a real one has swindled Chinese savers out of 200m yuan ($32m; £21m), it's reported.
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Free Sniply Pro 1-Year Subscription, Regularly $300
With Sniply, you can attach a call-to-action to every link you share and drive traffic back to your site. No credit card information required.
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Senator to Hospitals: Stop Suing Poor Patients
Prompted by an investigation by ProPublica and NPR, Sen. Charles Grassley asks a Missouri nonprofit hospital to explain why it seizes the wages of thousands of its patients.
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Target's package for ex-CEO matches package for all 17,600 Canadian workers
Social media readers had some snarky remarks Thursday about reports that former Target CEO Gregg Steinhafel got a walk-away package worth about the same as the total amount being offered to all 17,600 of the chain’s Canadian employees who will soon be out of work as the company winds down its presence in Canada.
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This is why Sky should keep showing pornography
Freedom of speech campaigners and independent internet firms have issued a stark warning that the automatic blocking of pornographic websites is “censorship by default” and constitutes a “blunt tool” for dealing with inappropriate content.
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Airline catalog SkyMall files for bankruptcy
The company that produces SkyMall, the in-flight shopping catalog that entices airline travelers with offers for iFetch ball launchers for dogs and mini clap-on alarm clocks, is bracing for a hard financial landing. SkyMall LLC, parent firm Xhibit Corp. (XBTC) and related subsidiaries filed for federal bankruptcy court protection in Phoenix on Friday, citing a funding crisis and seeking a court-supervised sale of their assets.
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13 Secrets of Amazon Warehouse Employees
n 2014, Amazon sold two billion items worldwide. All those products, from phone cases to car seats, are stored inside Amazon’s fulfillment centers and then sorted and wrapped by warehouse workers. In the U.S. alone there are more than 50 of these gigantic buildings with 40,000 workers toiling away inside them, and that’s not counting the tens of thousands of part-time workers who join during busy seasons. These are the people who make sure your package...
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Friday 23 January 2015
Expedia buys Travelocity, but don't expect much to change
How much does it cost to buy one of the biggest brands in online travel? Only about $280 million, as it turns out: That's how much Expedia paid in cash to acquire Travelocity today from its parent company Sabre Corporation (no relation to these the makers of the critically panned Pyramid).
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Global wage calculator: Compare your salary
Think you're paid what you're worth? Explore how your salary compares to the average earnings in your country, then see where your wage sits globally.
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