Feed aggregator

Pinterest Prepares for Early 2019 IPO

WSJ - Thu, 12/20/2018 - 03:37
Pinterest is actively preparing for an IPO that could come as soon as April, joining a line of tech companies ramping up plans to go public.

Room for Improvement? New Hotelier Tests an Algorithmic Pricing System

WSJ - Wed, 12/19/2018 - 23:45
With its first hotel in Miami, the boutique lodging operator Life House is experimenting with a pricing system that uses an algorithm to set a different room rate and tailor promotions for each guest based on a variety of personal information.

U.K. Court Upholds Ruling Granting Uber Drivers Worker Rights

WSJ - Wed, 12/19/2018 - 23:16
Uber Technologies faces higher labor costs in the U.K. after a court upheld a ruling that granted the company’s drivers a type of employment status.

Square Revives Request to Start a Bank

WSJ - Wed, 12/19/2018 - 23:07
Square plans to refile paperwork with state and federal regulators to open a wholly owned bank in Utah, as the financial-technology firm seeks to offer loans, deposit accounts and prepaid cards to small businesses.

Inside Musk's Tunnel to Fix 'Soul-Destroying' Traffic

WSJ - Wed, 12/19/2018 - 21:31
Elon Musk took a breather from his electric-car company and rocket maker to showcase his grand vision for a network of tunnels that can shuttle electric cars underground at high speeds.

SoftBank Unit's Debut Is One of Japan's Worst, After $24 Billion IPO

WSJ - Wed, 12/19/2018 - 17:45
Shares of SoftBank Group’s Japanese mobile-phone unit closed nearly 15% below the initial offering price as investors worried about a price war and the company’s reliance on Chinese supplier Huawei Technologies.

Elon Musk's SpaceX Is Raising $500 Million in Funding

WSJ - Wed, 12/19/2018 - 16:29
Elon Musk’s rocket company, Space Exploration Technologies, is set to raise $500 million at a $30.5 billion valuation, in a bid to help get a satellite-internet service off the ground.

'It's Been a Rout': Apple's iPhones Fall Flat in World's Largest Untapped Market

WSJ - Wed, 12/19/2018 - 16:28
Global smartphone sales are flattening, which is why Apple and others are looking to India and its millions of newly minted consumers for growth. Yet the tech giant’s market share is falling, revenue is coming in well below expectations and its top leadership ranks are in turmoil.

How Scammers in China Manipulate Amazon

WSJ - Wed, 12/19/2018 - 15:01
Chinese sellers resort to a wide range of cunning techniques to manipulate product listings on Amazon and boost sales. WSJ’s Jon Emont investigates the fraudsters’ strategies and explains how consumers can detect sham listings.

Micron Cuts Plans for Spending, Chip Production

WSJ - Wed, 12/19/2018 - 07:33
The memory-chip maker’s profit rose 23% in the most recent quarter, but a tepid outlook on earnings sent the stock down 9% in after-hours trading.

Micron Brings Back Painful Memories

WSJ - Wed, 12/19/2018 - 07:14
In keeping with the Christmas spirit, Micron just delivered investors a lump of coal—one that looks likely to last well into the new year.

Tech Unicorns Are Going Public at Near-Record Pace

WSJ - Wed, 12/19/2018 - 03:53
The number of companies valued at $1 billion or more at the time of their initial public offerings is expected to rise next year.

A New Way to Blast Your Old Mixtapes

WSJ - Wed, 12/19/2018 - 03:15
Crosley’s faithful replica of a vintage cassette deck lets you indulge in the staticky joy of favorite compilations from the past.

Trump Directs Pentagon to Set Up a Space Command

WSJ - Wed, 12/19/2018 - 02:58
President Trump directed the creation of a new U.S. Space Command but stopped short of his more ambitious plans for a new “Space Force” as a sixth branch of the military.

Tech Firms Face Backlash, Car Makers Hit Bumps

WSJ - Wed, 12/19/2018 - 02:28
Facebook and Google executives were grilled by Congress as auto makers revamped and GE shrank in 2018.

Facebook's Sandberg Vows Action Following Reports of Russian Interference

WSJ - Wed, 12/19/2018 - 02:23
Facebook Chief Operating Officer Sheryl Sandberg said the social network must do more to protect users from disinformation efforts, after reports found Russian trolls tried to suppress African-American voter turnout in 2016.

Want a Better Credit Score? Your Cellphone Could Help

WSJ - Wed, 12/19/2018 - 02:00
Experian, one of the largest credit-reporting firms in the U.S., will soon start factoring in cell and utility payments provided by consumers. It could boost credit scores for millions.

Europe Tackles Chinese Competition With Investment in Microelectronics

WSJ - Tue, 12/18/2018 - 23:41
EU’s antitrust watchdog approved plans by France, Germany, Italy and the U.K. to fund a multibillion research project in microelectronics, as the bloc seeks to keep up with Chinese competitors.

Foodborne Illness Outbreaks in Spotlight as Technology Improves

WSJ - Tue, 12/18/2018 - 23:04
Regulators are investigating and issuing public advice about a rising number of food-related outbreaks, thanks in part to technological advancements like gene sequencing. That is raising pressure on U.S. food companies to ensure safety.

Huawei Slams Efforts to Block It From 5G Rollout

WSJ - Tue, 12/18/2018 - 22:10
A top executive at Chinese tech giant Huawei Technologies branded as irresponsible efforts to block the company’s sale of 5G products and said its equipment is safe, challenging foreign officials to back up claims that it poses a cybersecurity threat.