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During Netflix’s quarterly earnings report last week the company blamed new chip-enabled credit cards for its slow growth and poor retention numbers. The company claims that customers didn’t update their card numbers, allowing their Netflix accounts to expire. Music streaming service Spotify things Netflix has offered a very poor excuse for its growing pains […]
During a conference call on Thursday Wynn CEO and founder Steve Wynn lashed out at the Macau government after his casino in the region reported a decline of nearly 40%. “In my 45 years of experience, I’ve never seen anything like this before,” Wynn said. Macau, like Hong Kong, is a Special Administrative Region of […]
Chipmaker Advanced Micro Devices (AMD) revenue fell for the fifth straight quarter due to continued weak demand from PC makers for its processors. The tech firm posted a net loss of $197 million, or 25 cents per share, in the third quarter ended September 6, compared with net income of $17 million, or 2 cents […]
IBM’s supercomputer known as Watson is about to launch a new service that will help you cheat on fantasy sports leagues. The new platform is being launched in partnership with baseball stats company AriBall. The service will use Watson Analytics to help people draft their Fantasy teams and then choose which players to play for […]
Sandisk is in talks with Micron Technology Inc and Western Digital Corp. The company might sell itself according to Bloomberg. The company, popular for its MicroSD and SD cards has hired a bank to explore a potential sale. No decision has been made and the talks may not result in a transaction, Bloomberg said. Shares […]
It was easy to pay attention to Pan completely flopping at the box office this weekend, but beyond that flop was a very strong opening for the Aaron Sorkin-written film Steve Jobs. The biopic, in limited release, managed to rack up $130,381 per screen. That’s the highest per screen opening for any moving in 2015. The movie opened […]
Donald Trump loves to call himself an amazing businessman and he regularly claims to be worth than more than $10 billion. In reality, Mr. Trump’s father was already a wealthy real estate mogul during his formative years, and many of Mr. Trump’s businesses outside of real estate have failed miserably. 12 Donald Trump brands went […]
Uber doesn’t cover benefits for drivers and without full-time or even part-time driver status, they also enjoy very few other additional benefits. Not only are some “full-time” drivers not given health benefits, paid vacations, or other benefits, it also turns out they are hit with huge fees if they try to file legal action against […]
Volkswagen shares are tanking for a second day in a row. Shares are down nearly 4% after losing more than 20% in trading on Monday. The company has come under fire after it was revealed that VW was using a “defeat device” to trick emissions tests in the United States. The company faces a potential fine […]
Google Maps is an amazing piece of software. I would argue that it has changed the way motorists travel in many ways. With Google Maps you can find gas stations, locate a nearby hotel, and even avoid tolls, traffic jams, and boring routes with nothing fun to stop and see. Unfortunately, there is also a […]
Uber has raised $1.2 billion as it continues to seek out dominance in the Chinese ride-sharing economy. The company’s newest round of funding was led by Chinese search giant Baidu. News of the $1.2 billion funding round arrived just hours after rival Didi Kuaidi said it was raising $3 billion for a market valuation of […]
Facebook has revealed that one billion people logged into the social network on a single day last week. Facebook CEO Mark Zuckerberg send an email to employees to alert them of the major milestone. Facebook is nearing 1.5 billion users which meant it was only a matter of time before the social network reached the […]
