Daktronics, Inc. (Nasdaq: DAKT), a dynamic video communication displays and control systems company, announced today that Interim Chief Executive Officer Brad Wiemann and Acting Chief Financial Officer Howard Atkins will represent the company at the Craig-Hallum Capital Group’s 22nd Annual Institutional Investor Conference. The event will take place on Wednesday, May 28, 2025, in Minneapolis, Read More…
Berkshire Hathaway, the conglomerate helmed by legendary investor Warren Buffett, has become the largest private holder of short-term U.S. government debt — and now holds more Treasury bills than even the U.S. Federal Reserve. In its latest earnings report released Saturday, Berkshire revealed it now holds $314.1 billion in short-term Treasuries as of March 31, Read More…
Microsoft the technology titan that reshaped personal computing, celebrated its 50th anniversary on April 4, 2025, reflecting on a storied legacy while charting an ambitious path forward in artificial intelligence and cloud computing. Founded in 1975 by Bill Gates and Paul Allen, the company has evolved from a scrappy software startup to a $3 trillion Read More…
Billionaire hedge fund manager Bill Ackman, known for his outsized bets and outspoken commentary, has been a lightning rod in 2025, navigating a turbulent market landscape while wielding influence in both finance and politics. His Pershing Square Capital Management’s portfolio is down nearly 14% year-to-date, a rare stumble for the activist investor, yet his high-profile Read More…
General Electric announced Monday that Jeffrey Immelt retired as director and chairman of the company’s board of directors, about two months earlier than expected. In June, GE said Immelt would retire from the board at the end of December. The board elected John L. Flannery, who became CEO of the company in June, to the Read More…
These are good times for AI entrepreneurs. Recent analysis of venture data shows that funding for artificial intelligence startups continues its upward trend in 2017, with investment hitting new highs. (For deep dives into aggregate Q2 venture performance, head here for the world, and here for just the U.S.) Venture, corporate and seed investors have put an estimated $3.6 Read More…
Playground Ventures — the VC fund co-founded by Android inventor and former Google exec Andy Rubin that sits alongside an eponymous incubator/startup studio and is making some big bets in areas like artificial intelligence and new generations of hardware– is raising more money. A Form D filed with the SEC notes that Playground Ventures is Read More…
Apple is getting closer to the $1 trillion mark. Shares of the iPhone maker hit another all-time high Wednesday. At $163.89, they are just $30 a share away from making Apple the first U.S. company to cross the $1 trillion threshold in terms of market capitalization. That would put Apple’s size slightly less than the Read More…
Expedia’s chief financial officer will be promoted to CEO, the company said on Wednesday. Mark Okerstrom will take over for Dara Khosrowshahi as president and CEO of the travel tech conglomerate. Khosrowshahi was recently named CEO of Uber. His job begins on Tuesday but Khosrowshahi will remain on Expedia’s board. (Expedia owns CarRentals.com.) READ THE Read More…
Patrick and John Collison have come a long way from the quiet village outside of Limerick, Ireland where they grew up. With little around except “mooing cows,” the brothers turned to coding to occupy themselves. To access the internet, their parents had to buy a special satellite. In 2011 the Collisons founded Stripe, an online Read More…
NEW YORK (FOX 5 NY) – I spend a lot of time at Fox 5 covering startups. One of the biggest compliments you can pay a startup is to call it a disrupter, changing not just local business, but entire industries across the country and even around the world. Former TLC Commissioner Matthew Daus says we haven’t had such Read More…
Wikileaks today published a trove of documents, allegedly taken from the CIA, that detail the government’s efforts to hack popular devices like iPhones, Android phones, and Samsung smart TVs. But Apple is pushing back against claims that the CIA’s hoarded vulnerabilities for its devices were effective. The documents, if they are indeed legitimate, include charts that Read More…
Norwegian startup Gobi raised $500,000 at a $15 million valuation to take on Snapchat with its “Stories” communication tool. The platform enables users to create public and private groups where users can share photos and videos that stay around for three days before vanishing into digital pixel-dust. “We originally created a Snapchat group for our college,” says Kristoffer Lande, Read More…
The problem with the iPhone is that the current design isn’t suited to wireless charging. Apple makes use of a metal rear cover, and metal and wireless charging just don’t go well together (although there are budding technologies that allow wireless charging through metal, none are yet ready for prime time). In order to add Read More…
Amazon plans to hire 100,000 people across the U.S. over the next 18 months. The online retailer said Thursday that the jobs are full time and come with benefits. Many of the new jobs will be at fulfillment centers currently being built in a number of states, including California, Florida and Texas. From KULR 8
Apple will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. From CNBC
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…