business

Indiegogo Insurance Perk offers a refund for failed products

Indiegogo Insurance Perk offers a refund for failed products

Crowdfunding, be it from Kickstarter, Indiegogo, or any other service, is quite the thing these days, allowing creators and buyers to make their dreams a reality. But not every campaign has a fairy tale ending and a not a few hearts have been broken. Indiegogo, perhaps the second most popular crowdfunding platform, is now testing out a new way to mend those broken dreams, at least by offering recompense and a refund, in case a product is not able to ship within a specified amount of time.

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Uber faces increased competition in China as top 2 rivals merge

Uber faces increased competition in China as top 2 rivals merge

Bad news for Uber and its plans to break into the Chinese market has just emerged: the country's two biggest taxi-hailing services have decided to merge. Didi Dache and Kuaidi Dache, each already strong competition to Uber on their own, have decided to end a years long rivalry and merge into a single business entity valued at roughly $6 billion. The smartphone apps from the two taxi-hailing services, when combined, are used by around 150 million people, making up 95% of the Chinese market.

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Yahoo tipped to be ‘restructuring’, firing employees

Yahoo tipped to be ‘restructuring’, firing employees

Word has surfaced alleging Yahoo began firing employees yesterday in what was a surprise move leaving many people feeling "kind of shell-shocked". The news comes from sources familiar with the matter who state the cuts took place in multiple groups throughout the company, and that they were made as part of a restructuring plan, the specifics of which being unknown at this point. Program/product managers and designers are said to be included among those being let go, though engineers are reportedly staying put for now.

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Zynga continues to fall as new mobile gaming kings rise

Zynga continues to fall as new mobile gaming kings rise

Zynga, for a brief while, was chief among game creators in the mobile gaming world, laying claim to some of Facebook's then-famous games. Its reign started slipping a couple of years ago, however, as mobile gaming trends shifted, and though it has tried different things to reverse that trend, the company has largely continued in its downwards spiral. All the while, competitors have risen to fill its void, most notable among them being King Digital, the company behind Candy Crush.

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Apple shakes up labor practices with ‘bonded servitude’ ban

Apple shakes up labor practices with ‘bonded servitude’ ban

Apple has taken another step to address criticism about working conditions among its suppliers, banning 'bonded servitude'. This means that henceforth workers will not be forced to work for free until they have paid off the costs associated with hiring them, something that at times amount to more than a full month's salary. Apple has previously said that more than a month's salary in fees was excessive, and now it is banning saddling the workers with the hiring debt altogether.

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Yelp buys food ordering & delivery service Eat24

Yelp buys food ordering & delivery service Eat24

Back in 2013, Yelp partnered with Eat24 on what seemed like a service for the really lazy. Since then, food ordering and delivery via an app has blossomed, with apps like GrubHub joining in on the food delivery fun. With that, Yelp is announcing they want you to keep your pants off (that will make sense soon, I promise), and have acquired Eat24. The deal is worth $134 million in cash and stock, but it’s not clear if Yelp will work Eat24 into their existing platform, or operate it separately.

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Comcast in hot water for changing another customer’s name

Comcast in hot water for changing another customer’s name

Comcast isn't America's more beloved company, that's for sure. Its customer service practices have come under fire in the past -- there's that painfully long customer service call that caught public attention last year, for example, as well as the claim that it got a man fired from his job. Most recently, the service provider came under heat for reportedly changing a customer's name to one quite offensive, and in light of that other subscribers have starting surfacing revealing their own offensive name changes.

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Facebook buys 56 acres near headquarters

Facebook buys 56 acres near headquarters

Facebook has nabbed 56 acres of real estate near its headquarters, a piece of property that is estimated to be worth $400,000. The land is said to presently house some biotech and "light industrial" businesses, and for the time being Facebook has no plans to change that. Still, the property -- located south of the social network's Menlo Park headquarters -- gives Facebook some wiggle room for future expansions and plans, and by grabbing the land now, it can ensure it has the room it needs when it is needed.

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Space Tourism is still a distant dream

Space Tourism is still a distant dream

If you're anything of an Elon Musk or SpaceX fan, or have just been following the two's high-profile news and announcements, your imagination may have been tickled pink by the prospect of regularly flying into space for leisure or business. In other words, space tourism. But despite the growing body of news around developments in this area, particularly in the design and manufacturing of rockets, recent rocket explosions should have also been a rather tragic wake up call, one that should make us ask again the most important and lingering question of all: are we really ready for non-professional, commercial space travel?

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Kodak and major Hollywood studios strike film supply agreement

Kodak and major Hollywood studios strike film supply agreement

The six big Hollywood studios have struck an agreement with Kodak that will have the latter company provide the film used for both TV and movies. It's no surprise Kodak is pushing for film to remain a relevant -- and integral -- part of the entertainment industry, and as such it has been in talks with everyone involved, ranging from indie artists to major production companies. With these agreements in place, Kodak is free to keep producing film for motion pictures while dabbling in its other endeavors.

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