Last week, billionaire Facebook founder and CEO Mark Zuckerberg introduced a new initiative, Internet.org, aimed at greatly expanding Internet access throughout the developing world — a goal that he said would spark dramatic economic growth in the world’s poorest countries. But is Zuckerberg’s claim really true? And is Internet.org
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The stock is at its highest level since its disappointing IPO over a year ago
The ongoing dispute between Time Warner Cable and CBS has been low on progress and high on finger-pointing and empty gestures. CBS has now been off the air for three weeks for Time Warner Cable subscribers in several major markets, and mostly the two companies have just explained how wrong the other side is. Today, we can add another
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The settlement requires Falcone to admit wrongdoing and pay $18 million
Lavabit, an email service offering encrypted communications that are supposedly impenetrable by third parties, shut down this week after it came to light that National Security Administration leaker Edward Snowden was using it to communicate from Moscow. Snowden’s Lavabit address was revealed by Tanya Lokshina, Deputy Director of Human …
A steady drip of headlines for the past week or so makes clear a certain Seattle-based tech giant is kind of having a moment. But the city that Amazon.com calls home? Not so much. Or at least, not as much as it should.
Though it has a presence in Silicon Valley thanks to facilities like its Lab126 research and design center, Amazon is
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As it turns out, snooping federal agencies probably have nothing on private data collectors and aggregators. Their focus isn’t national security; it’s creating a profile of your likes, dislikes and behaviors to figure out ways to sell you stuff.
Tourre became a symbol of Wall Street hubris after boasting that he sold toxic mortgage assets to “widows and orphans”
In an interview with TIME, Robert Swartz says MIT failed in its “moral obligation” to advocate on Aaron’s behalf
Hundreds of fast food workers in seven cities across the U.S. walked out on their jobs Monday demanding a “living wage,” or double what many are making now. More strikes are expected this week in what’s become one of the …
Ever since the financial crisis, U.S. regulators have been hard at work putting away Wall Street financiers who play fast and loose with the law. The only problem is, those Wall Street crooks that the feds have been cracking down on aren’t those who actually caused the financial crisis, but a different breed of white collar criminal: …
The Feds say SAC Capital engaged in “systematic insider trading” on a scale “without known precedent in the hedge fund industry”
