On Monday night, the Senate passed a bill which aims to make it easier for states to collect sales taxes for purchases made online. Although this may be beneficial for state governments, small online retailers are beginning to worry about the bill’s potentially large impact on their business.
On Thursday, Intel made the decision to appoint Brian Krzanich to be the company’s new CEO. He replaces Paul Otellini, who announced his retirement in November after serving the position for seven years. After experiencing a declining market share for the past decade, Intel’s new CEO starts the job facing major challenges.
As the world becomes more technologically savvy and consumers have increased access to the Internet, the way we consume media has shifted dramatically from print to digital. Through online subscriptions and mobile apps, newspapers have adopted new ways to reach their audiences. And it appears that The Wall Street Journal’s online subscriptions are growing faster than its competitor New York Times.
Graduating from college and entering the workforce can be a tricky transition for many college graduates. But I received some advice the other day that has made me optimistic about launching my professional career: follow the mentor, not the money.
While most Americans believe the Internet and social media have made it easier to be well-informed consumers and citizens, many are still skeptical about the trustworthiness of the information they find there. And with good reason. On Tuesday, a fake tweet sent from the hacked Associated Press account sent the Dow Jones Industrial Average down 143 points.
Ever wonder how Google affords to buy dozens of startups every year? Well, according to their first quarter earnings report released on Thursday, Google now has more than $50 billion in cash, up from $48.1 billion at the end of 2012.
In a session closed to the public, the House Intelligence Committee approved the controversial Cyber Intelligence Sharing and Protection Act (better known as CISPA) by an 18-2 vote. The bill will now appear in front of the House of Representatives next week.
Business professionals can take a sigh of relief after the Securities and Exchange Commission expressed support for social media sites to air market-moving corporate news. Continue reading
Would a sophisticated, innovative chat system developed by Google lure you away from traditional text messaging or rival services such as Facebook Messenger? That’s what Google’s plan is with the unveiling of their newest project, Babble.
Early Thursday morning, the executive board of Groupon made the decision to fire CEO Andrew Mason. The news of Mason’s exit comes one day after the daily deals site reported another quarter of dismal results.
“I care far more about the success of the business than I do about my job as CEO. I want what is best for Groupon,” Mason stated in a memo he posted on Jottit.com.
As more and more individuals are using social media to “check-in” to their favorite shops and restaurants, many businesses still rely on wallet-sized punchcards to promote customer loyalty. However, the new Belly app is attempting to transform how customers and businesses form long-term relationships.
Facebook is the single-most ubiquitous social-networking site in the world. It provides a way of connecting an individual with friends and family, a way of allowing a business to promote itself through cheap advertising, and is generally considered a necessity for anyone under 40 years old with a basic grasp of technology. But think back to 2004, when Facebook was still Mark Zuckerberg’s campus experiment and Myspace ruled the social networking world. Myspace came and went, and who’s to say that Facebook won’t do the same thing?