Business

Google’s Asian fiber optic high-speed undersea cable goes online

Google’s Asian fiber optic high-speed undersea cable goes online

Google and a consortium of other companies that operate under the name FASTER Consortium have been working together to get some new undersea cables laid that will increase internet speeds between countries. In June, the FASTER Consortium announced that the cable linking the US West Coast and Japan was complete and ready to go into service. Now Google and its FASTER Consortium cohorts have announced another undersea fiber optic cable is ready to enter service.

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Mercedes parent Daimler has plans for at least 6 electric cars

Mercedes parent Daimler has plans for at least 6 electric cars

We've known for some time that German carmaker Daimler, Mercedes-Benz's parent company, has plans to unveil an all-electric vehicle before the end of the year. It turns out, however, that their plans are much more ambitious, as six electric models are said to be in the works, according to a new report from Reuters. Back in June, the company promised that a long-range Mercedes EV would be unveiled at the Paris Motor Show in October.

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Amazon’s new anti-counterfeiting fee has sellers upset

Amazon’s new anti-counterfeiting fee has sellers upset

Counterfeit goods harm both the person unknowingly buying the product and the company behind the real products. Amazon has worked to keep these counterfeit goods off its website, but nothing is perfect and users are, unfortunately, on the receiving end of fake products at times. Word has it the company has seen the number of counterfeit products growing, and so it is attempting to keep those sellers away by instituting an across-the-board selling fee.

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Drive.ai puts a deep learning spin on self-driving technology

Drive.ai puts a deep learning spin on self-driving technology

You can add one more name to the constantly expanding list of companies that want a slice of that autonomous driving pie, as a new company named Drive.ai made its existence known today. The new company, which also announced that it has added former General Motors Vice Chairman and Board Member Steve Girsky to its Board of Directors, is looking to put its stamp on the self-driving space with its own deep learning algorithms.

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Twitter may use better revenue sharing to attract content creators

Twitter may use better revenue sharing to attract content creators

It's no secret that the internet's largest social sites want content creators, and most of them are willing to try a variety of strategies to attract those creators - and their audiences - to their platform. While Facebook has taken to outright paying creators to stream content through Facebook Live video, it appears that Twitter has a more long-term solution: offer a better revenue sharing program than its competitors.

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Apple responds to Ireland tax allegations (plus a few Brexit facts)

Apple responds to Ireland tax allegations (plus a few Brexit facts)

Apple responds to allegations from the European Commission which suggested that the company was receiving illegal tax breaks from Ireland. In this letter, penned by Apple CEO Tim Cook, the company suggests that the EU is retroactively applying rules which should not apply to their taxation situation. Apple has their European base of operations in Ireland, having set that base up back in October of 1980, and has expanded throughout Ireland (and greater Europe) since. The European Commission suggests that Apple's way of paying taxes in Ireland is "illegal under EU state aid rules."

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Snapchat ads could become more personalized later this year

Snapchat ads could become more personalized later this year

It would appear that Snapchat is looking to make its advertisements more targeted as we move further into the latter half of 2016. A new report from eMarketer (as reported by Business Insider) features Snapchat director of revenue operations Clement Xue, where he says that the company is looking at ways to implement behavioral targeting for advertisements sometime in Q3 of this year.

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Privacy groups threaten legal action over Facebook, WhatsApp data sharing

Privacy groups threaten legal action over Facebook, WhatsApp data sharing

While Facebook's purchase of WhatsApp in 2014 was met with concerns over individuals' privacy, the social network has done a good job since then of leaving the messaging as is and keeping it independent. That all changed last week when WhatsApp's new terms-of-service stated that user data would now be shared with Facebook. Unsurprisingly, this has caused outrage, and now a number of privacy advocates and watchdogs are filing complaints.

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UberEats London drivers protest as gig economy sours

UberEats London drivers protest as gig economy sours

Uber has another issue on its hands, this time involving a planned protest by UberEats drivers in London who are upset about a pay cut. Pay has been a contentious issue among Uber workers all over the world, with many arguing that after things like taxes, fuel costs, and maintenance, they make near or less than minimum wage. That's the same issue inspiring this latest protest, with drivers saying they may make less than minimum wage due to the pay cut.

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Amazon bookstores to open in Chicago and Portland next

Amazon bookstores to open in Chicago and Portland next

Amazon will have a physical bookstore opening in New York City in 2019, and now it has been made known that two more stores are in the pipeline: one for Chicago and the other for Portland. These stores will join the existing physical bookstores Amazon has launched in Seattle and pegged for select other cities, and underscores the company's latest effort in the world of books: resurrecting the bookstores it killed off with the launch of the Kindle.

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Uber reportedly lost a staggering $1.2b in first half of 2016

Uber reportedly lost a staggering $1.2b in first half of 2016

When it comes to ride-hailing services, no name is as big as Uber, but even that kind of brand recognition apparently can't stop the company from losing money. According to a Bloomberg report, Uber may have lost as much as $1.2 billion in the first half of 2016, which if true means that Uber has lost more than $4 billion in its short, seven-year existence.

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Chinese smartphone makers are putting old giants on notice

Chinese smartphone makers are putting old giants on notice

Warranted or not, the phrase “Made in China”, even in tech, evokes all sorts of negative imagery and emotions, mostly related to the quality or originality of said products. Never mind that nearly almost all smartphones, including the iPhone, could trace their origins to China, be it from components, manufacturing, or both. That bias, however, has led many to underestimate, even ignore the slumbering dragon that has now woken up and is taking the smartphone market by storm, much to the detriment of the old guard like Samsung and Apple.

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