Advertising campaigns of big-name brands are increasingly popping up on Asian websites that sell counterfeit goods, thereby potentially harming these companies’ reputations and exposing them to online criminal activities. Experts believe that the automated online […]
Category: MOOLAH
This Company Defied Campaigners And Further Invested In Fossil Fuel
With the recent success at the United Nations Climate Summit in Paris, one would imagine that investing in fossil fuels would be largely out of favor. But that’s not true for one health research charity, […]
Pirate Bay ‘Kopimashin’ Program Creates $10M In Losses For Music Industry
Co-founder of the popular torrent website The Pirate Bay, Peter Sunde, has created a new device that is expected to wreak havoc on the music industry. The device is called the Kopimashin, and it can […]
America’s Too Big To Fail Banks Caught Paying Nothing In Corporate Taxes
Many British politicians and tax campaigners are angry after it was revealed that some of the largest and most successful investment banks in London paid little or no corporate taxes in 2014. It was discovered […]
Twitter Rips Amazon Billionaire For Trolling SpaceX
Amazon CEO Jeff Bezos trolled SpaceX CEO Elon Musk on Twitter after SpaceX managed to launch a rocket into space and successfully bring back the booster. But the public wasn’t exactly pleased with the trolling […]
SpaceX Successfully Launches And Return Lands Falcon 9 Rocket
Elon Musk, the high-tech entrepreneur and owner of SpaceX, has every reason to be excited as his Falcon9 rocket successfully launched into space, delivered a load of satellites into orbit, and then in a “revolutionary […]
Deutsche Bank Uncovers $10 Billion In Suspicious Russian Transactions
As part of an international investigation, Deutsche Bank AG has located and identified as much as $4 billion in “suspicious” transactions related to the bank’s Russian operations. This $4 billion amount is on top of […]
Ford Applies For Record Number Of Patents As CEO Eyes Silicon Valley
The Ford Motor Company is planning to increase its market share in areas other than traditional vehicle production. Over the last year the 112-year-old automaker has filed a record number of patents as Mark Fields, […]
Google Partners With Ford In Self-Driving Car Program
Yahoo Autos claims that during the 2016 Consumer Electronic Show (CES,) Ford will announce that it is partnering with Google in its self-driving car program. The Yahoo Autos report describes the Ford-Google partnership as a […]
Staples-Office Depot Merger Rejected By Regulators, Again
The revised $5.5 billion bid from Staples to purchase their arch rival Office Depot was rejected by the United States Federal Trade Commission. This has prevented Staples’ most recent attempt to establish a more powerful […]
Toshiba Hitting Record Losses, To Cut 5% Of Workforce
On Monday, Japanese electronics company Toshiba said that it would book a record net loss this year. The company is planning to cut about 5% of its work force in consumer electronics, as it continues […]
Amazon Is Cutting Out The Middleman With Secret Air Cargo Operation
Online retailer Amazon has long been working on taking shipping into its own hands so that the company can end its dependence on third party shipping companies such as UPS. The latest rumored shipping venture […]
Turing Pharmaceuticals Canning Martin Shkreli As CEO
Turing Pharmaceuticals CEO Martin Shkreli has resigned from his position, putting an end to his troubled tenure as head of the company. The news comes after Shkreli was arrested on Thursday for his corrupt practices […]
Apple Pay Taking On Chinese Giants Alibaba And Tencent
Apple has announced that it is planning to launch its payment service in China, possibly as early as sometime next year. The move will put Apple in competition with Chinese companies Alibaba and Tencent. Apple […]
AT&T, Comcast And T-Mobile Facing FCC Free Data Questioning
U.S. provider giants AT&T Inc., T-Mobile US Inc., and Comcast Corp are under fire from regulators over dangling free data for viewing Web videos carrots in front of customers. The regulators say the offers raise […]
Glencore Receives Investment Score One Level Above ‘Junk’
Moody’s Investor Service has cut the credit rating of commodities trading giant Glencore to the lowest investment grade possible. The credit rating for Glencore is now just one notch above junk status. Moody’s has said […]
Dollar Shave Club In Hot Water Over Gillette Patent Infringement
Online razor supplier The Dollar Shave Club is being sued by Gillette in federal court for alleged patent infringement. The lawsuit was filed on Thursday in the United States District Court in Delaware. Gillette is […]
Judge Smacks Down Uber’s Attempt To Force Employees To Agree Not To Sue
A federal judge has prevented Uber from imposing a new contract on its drivers. According to United States District Judge of San Francisco Edward Chen, the new contract was written in a way that made […]
Banks Warming Up To Online Lending Upstarts
It appears that big banks are finally starting to warm up to online lending upstarts. The aftermath of the 2008 financial crisis resulted in big banks being very hesitant to take risks on high-tech lenders, […]
Audit Watchdog Hampered By Accounting Industry And SEC
A fight between the “watcher” and those “being watched” is currently underway within the U.S. Securities and Exchange Commission (SEC) The battle is over the future of the Public Company Accounting Oversight Board (PCAOB) and […]
Facebook’s Internet Domination Plan Spreads To Android Devices
After much anticipation, Facebook is finally offering its Instant Articles application on Android devices. The social networking website has stated that media companies will now be able to publish articles directly to the news feed […]
Comcast Slammed For $26M Over Unethical Disposal Practices
Investigators have discovered that cable company Comcast has been unlawfully dumping its hazardous electronic equipment into California landfills since at least 2005. The company has also been failing to properly shred the personal records of […]
Karma Just Bit This Price Inflating Pharma CEO
The man known for shockingly raising the price of a longstanding medication from $13.50 to $750 overnight has been arrested by the FBI. Pharmaceutical entrepreneur Martin Shkreli was arrested as part of a federal investigation […]
Facebook Is Quietly Testing Its Yelp Killer
Without much fanfare, Facebook has quietly rolled out and started testing a type of recommendation service that assists users in finding top-reviewed and rated local businesses and services based on customer input and reviews. The […]
Messaging Startup Pays It Forward To Other Startups With $80M Investment Fund
Slack Technologies, a startup company out of Silicon Valley, has raised more than $300 million in funding. Now, the company wants to pay it forward by giving back some of that money. The startup darling […]
Subway Among Major Retailers Whose Loyalty Rewards Accounts Were Hacked
The rewards programs for at least ten different leading retailers have been compromised by hackers. On the dark web, there are currently many fraudulent loyalty point accounts available for purchase using Bitcoins. The most notable […]
Facebook Changes ‘Real Name’ Policy After Widespread Criticism
Facebook will be changing its controversial “real names” policy. Many people opposed the naming rule, but Facebook faced particular backlash from transgender people and domestic violence victim support groups. Up to now, the social network […]
Valeant Stocks Surge After Drug Distribution Agreement With Walgreens
Shares for Valeant Pharmaceuticals skyrocketed after the company reached a deal to sell skin and eye medications through the Walgreens network at lower prices. The company will discount its dermatology and ophthalmology prescriptions by 10% […]
Amazon Pulls Hoverboards After Safety Concerns Become Public
Online retail giant Amazon has started removing some of the “hoverboards” from its website, citing fears about fires resulting from exploding batteries. The hoverboards do not actually hover, but rather they roll around on the […]
Yahoo Shareholder Wants To Turn Company Around, Starting With Firing CEO Mayer
Investment firm and notable Yahoo shareholder SpringOwl is calling for some pressing changes at the troubled company. Most notably, SpringOwl is calling for giving the axe to Yahoo CEO Marissa Mayer. Over last weekend, the […]