Business

Amazon bookstores give Prime members discounts, everyone else pays more

Amazon bookstores give Prime members discounts, everyone else pays more

Amazon's physical bookstores, which are thus far found only in select major cities, give Prime members discounts on books while everyone else (read: non-Prime members) pay the list price. The discount/no discount doesn't apply to Amazon devices, however, meaning everyone pays the same price for a Kindle or an Echo. While this may not be a big deal for occasional book buyers, it could add up substantially for those who frequently pick up the latest releases.

Continue Reading

Tesla and SolarCity’s Solar Roof aims to transform residential power

Tesla and SolarCity’s Solar Roof aims to transform residential power

Tesla has taken the wraps off the new ‘Solar Roof,’ an offering that is tougher, costs less, and is arguably more attractive than a conventional roof. Rather than having large solar panels mounted on a roof, the Solar Roof looks completely ordinary, only each ‘shingle’ is actually a glass slate with a small solar cell within. This solar roof would work alongside the newly unveiled Powerwall 2 to power someone's entire home, ushering in our green future.

Continue Reading

Soylent 1.6 powder sales stopped as customers fall sick

Soylent 1.6 powder sales stopped as customers fall sick

Back in July, Soylent announced the launch of its new 1.6 powder, an update over the older 1.5 formula that was supposed to be similar to the newer 2.0 liquid drink. Soon after, it announced the launch of breakfast bars. Then soon after that, some of its customers started getting sick. First reports surfaced about illnesses caused by the food bars, leading to sales being halted. Then reports started about illnesses from the 1.6 powder, and those sales, too, have now been stopped.

Continue Reading

Amazon Prime arrives in China

Amazon Prime arrives in China

Amazon Prime has arrived in China as of today, and it works more or less the same way it does in the U.S. Customers in China can subscribe to a year of Prime for the equivalent of $28 USD during a promotional period, with the regular price being $57 USD. With this comes free shipping, including on imports from the Amazon Global Store. With this new business move, Amazon takes on Alibaba and other competitors.

Continue Reading

Twitter confirms 350 layoffs in attempt to increase profits

Twitter confirms 350 layoffs in attempt to increase profits

Following the recent news that it had failed to attract acquisition offers from a handful of potential suitors, Twitter has revealed that it will be cutting 9% of its staff. The announcement came alongside the social network's Q3 financial earnings for 2016, and the layoffs will account for roughly 350 employees. This is all part of a restructuring plan for the company that aims to reach profitability by 2017, and it's a similar move to what CEO Jack Dorsey did last year when over 300 people were fired in an attempt to reduce costs.

Continue Reading

Galaxy Note 7 debacle sends Samsung operating profits down 30%

Galaxy Note 7 debacle sends Samsung operating profits down 30%

Samsung's profits are taking a beating in the wake of the Galaxy Note 7 recall and cancellation. The smartphone was originally recalled due to multiple fires when the devices overheated while charging. Replacement devices were then sent out that suffered from the same issue eventually leading to the entire Note 7 line being recalled again and cancelled. In the wake of this debacle, operating profits at Samsung between July and September have plunged 30% compared to last year.

Continue Reading

Delta adds luggage-tracking feature to mobile app

Delta adds luggage-tracking feature to mobile app

Remember the RFID bag tracking luggage tags Delta introduced earlier this year? They replaced barcodes, which have to be scanned by hand, and now they’re being implemented in an even better way: with the airline’s mobile app. The company is rolling out luggage tracking at 84 airports through the United States, allowing travelers to view where their bags were last scanned, as well as where they originated from.

Continue Reading

Tesla had a profitable third quarter, has high hopes for Q4

Tesla had a profitable third quarter, has high hopes for Q4

Tesla had a profitable third quarter this year, the company has announced. The GAAP net income hit the $22 million mark, with Tesla saying it saw $176 million in free cash flow. The company goes on to say that gross profit-per-car, as well as GAAP total automotive gross margin, both increased ‘substantially’ in its fiscal third quarter. Tesla anticipates trends including positive GAAP net income, to continue on into the fourth quarter even though ‘ZEV credit sales’ will ‘likely [be] negligible.'

Continue Reading

Disney tipped as interested in Twitter again, and very close to buying it

Disney tipped as interested in Twitter again, and very close to buying it

Several companies were interested in buying Twitter in recent weeks, one of them being Disney, though it seemed the potential sale was scraped at some point and serious acquisition bid plans were abandoned. That may not be the full story, though, as sources have now cropped up saying Disney is reconsidering an acquisition of the service, and has progressed so far as to have struck a price late last week. The two companies are reportedly in the process of forming a deal as of now. Even better, Disney allegedly has been working on this 'transaction' for the better part of six months.

Continue Reading

Google Fiber pauses rollout in potential cities to ‘refine’ its approach

Google Fiber pauses rollout in potential cities to ‘refine’ its approach

Something big is afoot over at Google, which just announced that Google Fiber rollout has been paused in the cities it has selected as 'potential' markets. This is necessary for the company to 'refine' its plan to meet new objectives it has laid out, Google says. In addition, a source has cropped up claiming Google will layoff 9-percent of the workers in 'Access,' the division that deals with Fiber.

Continue Reading

Lyft is testing ride passes with frequent riders

Lyft is testing ride passes with frequent riders

Lyft has a new experiment that may make it more attractive to frequent users: ride passes of sort that lock in certain per-ride rates depending on how much you spend. The idea here is that, assuming you use the service frequently, you can save money in a way similar to bus and train passes, bringing your overall travel costs down. Such an arrangement may be necessary to secure daily or near-daily repeat customers.

Continue Reading

Apple’s record quarterly earnings hinged on ‘Services’

Apple’s record quarterly earnings hinged on ‘Services’

Apple has announced its Q4 earnings for the quarter ending on September 24, saying it made $46.9 billion in revenue with a $9 billion net income (working out to $1.67/diluted share). Company CEO Tim Cook called the quarter successful, saying, ‘We’re thrilled with the customer response’ to the company’s newest products, ‘as well as the incredible momentum of our Services businesses,’ the latter of which set a new record for Apple.

Continue Reading

Prev 3 4 5 6 7 8 9 10 11 Next