When President Trump singled out Brad Gerstner during his State of the Union address in February, the venture capitalist rose to a standing ovation. Trump called him “a very tremendous guy” who was “behind it right from the beginning” — a reference to Trump Accounts, the federal child savings program that launched in July and Read More…
When two of the world’s biggest trading partners start throwing around 50% tariffs, most investors see trouble. “Shark Tank” investor Kevin O’Leary sees a sale. The Canadian businessman said the escalating U.S.-Canada trade fight could be creating an unusually attractive entry point for investors willing to look past the political noise. Speaking on Fox Business Read More…
Snowflake, the cloud-data company based in Bozeman, delivered one of its strongest quarters in recent years, sending shares sharply higher as investors responded to accelerating growth and stronger demand for its artificial-intelligence products. Shares of Snowflake jumped about 17% after the company reported fiscal second-quarter revenue of $1.55 billion, up 35% from a year earlier. Read More…
The U.S. economy added 162,000 jobs in August, a stronger-than-expected showing that offered fresh evidence of resilience in the labor market as manufacturing and construction hiring picked up. The unemployment rate held steady at 4.1%. August payroll growth was well above the average monthly gain over the previous year. The White House pointed to the Read More…
xAd, the ad network that serves you ads in apps and mobile web pages based on your location, is today announcing another hefty round of funding, as well as its first acquisition in the world of consumer apps to grow its audience and dataset. The company has raised $42.5 million, and it’s buying WeatherBug, the popular weather Read More…
After taking the top spot at Disrupt San Francisco’s Startup Battlefield, Mobalytics has been hard at work preparing to roll out their analytics-driven competitive gaming coach to more and more of the nearly 20,000 users who have signed up for early access. In the six weeks since Disrupt SF, the company has been raising Read More…
Google and Facebook are teaming up to build a 120 Terabits per second (Tbps) submarine cable that will connect Los Angeles with Hong Kong. The two companies are working with Pacific Light Data Communication — a wholly owned subsidiary of China Soft Power Technology that’s relatively new to the sub-sea cable game. Once the Read More…
Wyoming has the most competitive tax code in the nation according to the 13th annual State Business Tax Climate Index, released today by the nonpartisan Tax Foundation. The report measures how well-structured each state’s tax code is by analyzing over 100 tax variables in five different tax categories: corporate, individual income, sales, property, and unemployment Read More…
Crowdsourcing live traffic data has been one of Waze’s key competitive advantages in navigation software for a while, but Germany’s HERE might give it a run for its money with new services that pull traffic info from cars on the road. The data gathered by Here’s upcoming traffic services, which it’s set to debut during Read More…
Uber today announced yet another rewards program for its drivers and riders, this time in partnership with retailer Sears and its “Shop Your Way” loyalty platform. The program offers drivers points redeemable for products at Search, Kmart and Lands End, as well as discounts on vehicle maintenance and repairs at Sears Auto Centers. Meanwhile, riders who Read More…
There’s an EpiPen Tycoon computer game. In it, you are the CEO of Mylan, Heather Bresch, the daughter of a US senator who has been handed a drug that lays a golden egg — EpiPen, an emergency anaphylaxis treatment that stops people’s throats from closing in the event of an allergic reaction. It’s Read More…
When Lori Goler, Facebook’s Vice President of People, joined the company in 2008, she got to work making the company a “strengths-based” organization. It’s a term based on Marcus Buckingham and Curt Coffman’s 1999 bestselling management guide “First, Break All the Rules.” The coauthors were Gallup analysts at the time and drew insights from 25 years Read More…
Women are going nuts overLuLaRoe, a clothing brand that has catapulted from near obscurity to cult status in the past couple of years. The brand, which sells brightly-colored shirts, leggings, and dresses, isn’t available in stores or on a company website. Instead, tens of thousands of people across the US — many of whom are Read More…