Jeff Bezos has responded to a critical report about Amazon's working conditions, saying it "doesn't describe the Amazon I know." Over the weekend, The New York Times published a lengthy feature about what it's like to work for the online-retail giant. … [Read more...]
Yes, the PlayStation 4 Is Still the Top-selling Console
Reporting on the monthly NPD hardware sales is honestly starting to border on tedium; like a stuck record playing the same song over and over again. Since the beginning of this generation of consoles, there have been just two months where the PlayStation 4 hasn’t been the top-selling console in Northern America. Last month wasn’t one of them. Experience nonstop excitement when … [Read more...]
Wendys Co (WEN) Issues FY15 Earnings Guidance
Wendys Co (NYSE:WEN) updated its FY15 earnings guidance on Wednesday. The company provided EPS guidance of $0.31-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.32, Analyst Ratings Net reports. … [Read more...]
JPMorgan Reclaims Place Among Top 10 US Biggest Stocks
Don’t look now, but megacap financial companies are creeping back onto the list of the biggest U.S. companies. With $253 billion in market capitalization, New York-based JPMorgan Chase & Co. just surpassed Procter & Gamble Co. and Wal-Mart Stores Inc. to join the top 10 ranking after a five-year hiatus. … [Read more...]
Infographics Startup InfoActive Acquired by Tableau
Tableau Software announced Tuesday it has acquired InfoActive, a Montreal-based startup specializing in mobile and user-friendly infographics. Tableau plans to shut down InfoActive as a standalone operation, saying the service will "wind down over the coming months." … [Read more...]
Bradley Tusk Saved Uber, Now He’s Looking for New Startups
The man who helped Uber beat New York is looking for other startups. Bradley Tusk, the former campaign manager for Mayor Michael Bloomberg, is selling what some startups desperately want to buy: advice on how to beat the system. … [Read more...]
Is Apple Inc. Facing a Double Bite?
The Apple stock (NASDAQ: AAPL) lost more than 7% of its value in June and July while it is remarkable that the stock is running 2.36% negative in just the first trading day of the August. Apple fell to the third place in China’s rankings, the world’s largest smartphone market, according to data recently released by two market research firms. … [Read more...]
Facebook’s Revenue Grows with User Engagement
Facebook claims half of the world’s estimated online users log on to their platform at least once a month. The number of people who use Facebook at least once in a month grew 13% to 1.49 billion in the three months through the end of June this year. … [Read more...]
Applications for Jobless Aid in US Rises to 267,000
More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market. Applications for jobless aid rose 12,000 to a seasonally adjusted 267,000, the Labor Department said. … [Read more...]
Fitness Growth Stalls, Garmin Ltd. Misses Earnings Expectations
Garmin (NASDAQ:GRMN) shares were basically flat by 1:30 p.m. Wednesday following the release of its second-quarter earnings. Although Garmin's earnings fell short of analyst expectations, its report was in line with the preliminary results it had released earlier this month. … [Read more...]









