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Google Employees Revolt Over Planned Censored Search Engine in China
A couple of weeks after The Intercept detailed Google's controversial strategy to re-enter the Chinese market with a censored version of its search engine, an employee revolt appears to have put the brakes on the plan - or at least slowed it down. The Wall Street Journal reported that while Google chief executive officer Sundar Pichai defended the company's plan
Report: Tesla Board Searching For No. 2 Exec as Concerns Raised About Elon Musk's Drug Use
There's a lot to unpack with the ongoing turmoil facing Elon Musk: From his original tweet expressing his desire to take Tesla private to his follow-up blog post trying to explain his shocking tweet and then, of course, the subpoena served by the Securities and Exchange Commission over said tweet. And now in a new interview published on Friday by
5 Most Expensive Vinyl Records Ever Sold
Vinyl records are making a comeback among the youngest generation of music listeners, and the hobby of collecting classic records isn’t as cheap as it may seem. Listeners may still be able to find 50-cent records in the bargain bin of a local thrift store or at the yard sale down the street, but a mint-quality LP typically costs between
These 4 Things Kept Me Sane as I Bootstrapped My Company
We’re living in the era of VC-backed everything. These days, it can feel like every new startup is raising seven figures, or working toward a seed, A, B, or C round. To make a cheesy analogy, investors are the new black, and everyone is getting in on the million-dollar action and billion-dollar evaluations. As a business owner, I can tell
Chinese Tech Stocks Extend Slide on Earnings, Macro Worries
Signals of a possible earnings recession triggered negative reaction among Chinese tech stocks, sending them lower for the second straight session Wednesday. The Guggenheim China Technology ETF (NYSE: CQQQ), which consists of 60 Chinese tech companies, shed 4.6 percent Tuesday and was down nearly 5 percent at the time of publication Wednesday. What Happened The sharp drop in shares of
The State of Black Women Getting Funding in 2018
Last year, Fast Company did a deep dive into the world of black women founders; the money (or lack thereof) that they raise, the challenges they circumvent, and what could be done to alleviate some of their problems. Then, Elizabeth Holmes, who raised $750 million, was found to have no viable product. Questions were asked about what that would do to women founders, and particularly would
SEC Serves Tesla With Subpoena Over Elon Musk's Tweet
In the immortal words of Ron Burgandy: Boy, that escalated quickly. A week after Elon Musk shocked Wall Street with a tweet saying that he wants to take Tesla private - and that he had the funding in place to do so - the Securities and Exchange Commission has served the company with a subpoena, as first reported on Wednesday
Mark Cuban Talks Musk, Netflix, Amazon and More
illionaire investor, entrepreneur and "Shark Tank" personality Mark Cuban was a guest on CNBC's "Halftime Report" Monday to share his take on a handful of notable tech stocks. On Elon Musk Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is among the handful of great entrepreneurs who run a great company, Cuban told CNBC's Scott Wapner. Musk does have a unique
Report: Tesla Board Was 'Totally Blindsided' by Elon Musk's Tweet, While Doubts Are Raised About Saudi Funds
One of the questions raised after Elon Musk shocked Wall Street last week when he tweeted his desire to take Tesla private was whether the company's board actually knew Musk was going to send that tweet. While Tesla's board released a brief statement confirming that Musk had approached it with his plan for taking the company private before taking to
Tinder Founders Sue IAC For Billions, Alleging a Scheme to 'Rob' Employees Through a 'Lowball' Valuation of Company
The founders, three current senior executives and some of the early employees of dating app Tinder have sued parent company IAC and its subsidiary Match Group for billions of dollars, alleging that the two companies cooked up a "lowball" valuation for Tinder that "robbed" employees of money. The complaint was filed in New York State Supreme Court in Manhattan on