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Updated: 1 year 14 weeks ago

Amazon's Pivot Raises Scrutiny of Incentive Deals

Sat, 02/16/2019 - 03:49
The collapse of Amazon’s plan to build a second headquarters in New York City has the potential to damp some states’ willingness to offer tax breaks.

'Fortnite' Effect: The Game Never Ends

Sat, 02/16/2019 - 01:41
Big videogame makers Electronic Arts, Activision Blizzard and Take-Two Interactive are learning that their blockbuster titles need staying power to capitalize on the games-as-a-service trend.

Amazon Invests in Electric-Car Maker Rivian

Sat, 02/16/2019 - 00:52
Amazon.com has climbed aboard the electric-vehicle bandwagon, leading a $700 million investment round for car-making startup Rivian Automotive.

Drone Scare Grounds Flights at Dubai Airport

Fri, 02/15/2019 - 21:47
Dubai International Airport, the world’s busiest international hub, briefly suspended flights because of the suspected presence of a drone, the latest in a string of global airports to have to ground flights.

Nvidia's Revenue Sinks 24%, but Wall Street Feared Worse

Fri, 02/15/2019 - 19:48
Nvidia reported a 24% drop in quarterly revenue and signaled work ahead to shake off a funk in cryptocurrency mining and revive demand for its chips used by videogamers and data centers.

China's Didi to Lay Off 2,000 Workers

Fri, 02/15/2019 - 17:04
Chinese ride-hailing giant Didi Chuxing Technology plans to lay off about 2,000 employees, or 15% of its workforce, as the once fast-growing company grapples with China’s economic slowdown.

Amazon Cancels HQ2 Plans in New York City

Fri, 02/15/2019 - 16:27
Amazon is abandoning plans for a headquarters in New York City after facing resistance from some local politicians who objected to giving the company billions of dollars in tax incentives.

China Seeks to Woo U.S. With Promise of Big Chip Purchases

Fri, 02/15/2019 - 09:22
China is counting on promises of big purchases of semiconductors and other U.S. goods to ease trade tensions and persuade President Trump to extend a tariff truce and later resolve the market-rattling dispute directly with Chinese leader Xi Jinping.

World's Tax Collectors Look to Divvy Up Tech Giants' Billions

Fri, 02/15/2019 - 03:57
The Organization for Economic Cooperation and Development is seeking public input on proposals to determine where the profits of digital companies such as Facebook should be allocated, and who gets to tax them.

Vimeo Chases Video Producers With Its First Big Ad Campaign

Fri, 02/15/2019 - 03:02
The company’s business strategy has prioritized creators over viewers since 2017, when Vimeo canceled plans for a paid streaming video service with its own original programming. But many people still perceive Vimeo as place to watch video, Chief Executive Anjali Sud said.

Driverless Car Data Shows Robots Still Need Humans

Thu, 02/14/2019 - 22:07
New California state records show driverless car companies are making progress but are still relying on human safety operators to take control of the wheel at times.

Cisco Evades Trade Fallout as Revenue, Profit Rise

Thu, 02/14/2019 - 21:48
Cisco Systems boosted its quarterly dividend and stock buyback program following a strong quarter in which revenue growth beat Wall Street targets.

U.S. Push Against Huawei Gear Hits Obstacle: Carriers Love It

Thu, 02/14/2019 - 21:20
Washington’s campaign to get some of its closest European allies to give up telecommunications gear made by Chinese companies has been a tough sell.

Former Apple Lawyer Charged With Insider Trading

Thu, 02/14/2019 - 18:54
The former Apple executive who enforced the company’s insider-trading policies was charged criminally with violating those rules by allegedly dumping over $10 million in stock before the company announced it missed a metric for iPhone sales.

Lee Clow, Ad Legend Known for Apple Campaigns, Retires

Thu, 02/14/2019 - 18:10
Lee Clow, whose ads helped put Apple on the map, is retiring from the agency he joined five decades ago. He was behind the tech giant’s dystopian “1984” Super Bowl spot, which helped transform the event into an advertising showcase.

NASA Calls It Quits for Opportunity Mars Rover After 15-Year Mission

Thu, 02/14/2019 - 15:53
NASA engineers are hanging up on the agency’s Opportunity Mars rover after 835 unanswered wake-up calls, following 15 years on the red planet.

Apple to Sell Older iPhone Models Again in Germany

Thu, 02/14/2019 - 14:13
Apple said it would make some older iPhone models available for sale again in Germany, two months after it had removed the models because a court ruled the smartphone maker had infringed on a patent by Qualcomm.

European Union Agrees to New Copyright Law

Thu, 02/14/2019 - 05:18
The bill is aimed at reining in tech giants and throwing a lifeline to news publishers. It is expected to be formally approved by mid-April, after which EU governments will have two years to include it in their national laws.

T-Mobile's Sprint Takeover Comes Under New Attack

Thu, 02/14/2019 - 04:56
The leaders of the country’s No. 3 and No. 4 largest cellphone carriers defended their planned merger against new attacks from labor groups and advocates for rural wireless customers who said the tie-up would hurt competition.

Johnson & Johnson to Buy Surgical Robotics Maker Auris

Thu, 02/14/2019 - 04:18
A unit of Johnson & Johnson has reached a deal to buy medical-technology firm Auris Health for about $3.4 billion in cash, the company said Wednesday.