Articles by Sylvia Arce
YouTube Revamps Content ID, Lets Creators Still Earn Money With Videos Under Copyright Dispute
YouTube's improved Content ID process aims to protect creators and rightsholders alike. In the new system, YouTube will continue to run ads on the disputed video, hold resulting revenue in separate purses, and pay appropriate parties upon resolution of dispute.
Apple Investor Sells All His Shares Over China Woes, Makes $2 Billion
Billionaire Carl Icahn sold all his Apple shares amid fears of China’s clampdown on online publishing. He reportedly made $2 billion in profits.
Amazon Q1 Profits Go Strong, Crush Expectations: Report
As Amazon Q1 profits soared, the e-commerce retailer experienced its most profitable quarter ever. Gross revenue of $29.13 billion brought in profits of $513 million.
Yahoo CEO Marissa Mayer Made $36 Million Last Year Despite $6 Million Pay Cut
Yahoo paid Marissa Mayer $36 million in compensation last year, despite the company’s shrinking revenue and profits. The CEO is also expected to receive a huge payout of $55 million if she is terminated after Yahoo is sold.
Lenovo And Xiaomi Out Of Top Five Smartphone Makers As Vivo And Oppo Take Their Spots
Lenovo and Xiaomi lose their fourth and fifth places to Oppo and Vivo, respectively. Smartphone saturation in developed economies and a maturing Chinese market are to blame.
Google, Uber And Three Other Companies Band Together To Speed Up Adoption Of Self-Driving Cars
Google and four other companies are leading efforts to form a coalition to urge federal action for the adoption of self-driving cars. The coalition’s main aim is to eliminate patchwork autonomous driving laws and come up with a standard guide.
Facebook Revenue Beats Expectations, Shares Increase As Mobile Ads Surge
Facebook’s revenue increased by 50 percent to $5.38 billion while net income soared nearly three times to $1.51 billion during the first quarter of 2016. Positive growth was driven by a rise in advertising revenue that accounted for 82 percent of total revenue.
Skype For Business Preview With Outlook Integration Lands On Mac
Microsoft is launching the public preview of its Skype for Business Mac client. It comes in three phases where different features and functionalities will be rolled out in each phase.
Hyundai Net Profit Goes Down As Demand Declines In China
Hyundai posted a decrease in its first quarter profit as markets dampened in China and other emerging markets. The emergence of local brands and the shifting preference of Chinese buyers for SUV models has slowed sedan sales.
Telstra Customers Furious After Billing Scam: Report
Telstra’s woes seem to be adding up even as it tries to rebuild its tarnished image after the massive outages in February and March. Angry customers are up in arms over unwanted third-party billings in their Telstra accounts.
Live Plastic Surgery: Cosmetic Surgeons Use Snapchat To Broadcast Operations In Real Time
Snapchat is a growing trend of broadcasting one’s profession, craft or trade in a fun way. Sharing photos and videos of medical procedures, graphic or gory they may be, is both entertaining and educational.
Uber Drivers Team Up With Teamsters Union In California
In an effort to further improve their working conditions, Uber drivers are leaning on the Teamsters Union’s support. The Teamsters are unsure of how the partnership will look like or how many drivers will be joining.
Bids For Core Business Of Yahoo Go Up To $8 Billion As Company Narrows More Than 10 Offers
More than 10 bids were received by Yahoo for the sale of its core business. The first-round bid included Verizon, YP Holdings, TPG, a consortium of investors led by Bain Capital and Vista Equity Partners, and two unnamed 'strategic firms,' among others.
Apple Hires Former Tesla Engineer, Hints At Prototyping Car Parts
Apple has reportedly hired a former Tesla vehicle engineer to head its special project codenamed Project Titan. The company is on a hiring spree, even poaching from rivals, to make its electric car dream come true.
Apple Should Pay 50 Percent Tax, Cofounder Steve Wozniak Says
Steve Wozniak believes that Apple and all other companies in the world should pay 50 percent in taxes. Faced with several tax issues, Apple asserts that it pays every dollar it owes and is the top taxpayer in the world, with $13.2 billion it paid in taxes in 2015.
Uber Agrees To Pay Up To $100 Million To Settle Driver Status Suits
Uber CEO Travis Kalanick is pleased with the $100 million settlement with its drivers in California and Massachusetts to avoid a jury trial. The settlement will come in tranches of $84 million and $16 million.
Microsoft Q3 2016 Earnings Report Shows Windows Phone Drop, Surface Rise
Microsoft’s Earnings Release for Q3 2016 showed a decrease in both revenue and income. The technology giant posted a net income of $3.8 billion GAAP on $20.5 billion GAAP of revenue.
Tesla Model X Owners Report Doors And Windows Won't Close
There’s more to it than just doors and windows not opening or closing. Car review groups and social media are awash with several other quality issues that the Tesla Model X is wrought with.
Qualcomm Forecast Q3 Profit Below Estimates As Chip Shipments Decline
Qualcomm is projecting lower-than-expected third quarter sales due to a slowing down smartphone market. It is banking on its Snapdragon 820 processors and chip technology licensing agreement business to maintain momentum.
Visa Upgrades Chip Card Software, Cuts Down Checkout Wait Times
Visa has announced that a chip card software upgrade can now actually cut credit card wait time down to about 2 seconds at the checkout register. The upgrade addresses the widespread complaint of tedious wait time.
Intel Plans To Cut Up To 12,000 Jobs As It Turns To Mobile
Intel plans to cut up to 12,000 jobs as it veers away from the PC and moves to mobile. The move is expected to bring in savings of $750 million for 2016 and $1.4 billion by mid-2017.
Tesla CEO Elon Musk Receives $37,584 Salary, While New CFO $21 Million
Tesla CEO gets $37,584 in cash salary for 2015. Meanwhile, his deputies, CFO Jason Wheeler receives $46,154, CTO JB Straubel $250,560 and Engineering Vice President Doug Field $306,923.
Verizon In The Forefront To Buy Yahoo: Here's Why
Verizon remains to be the bidder to beat because it is financially capable of doing it. The future of Verizon has to include a very robust media technology company to enhance its AOL operations.
Fisher-Price Recalls Infant Cradle Swings Over Fall Hazard
Fisher-Price recalls about 34,000 of infant cradle swings after the company received two reports of the loosening of the peg that holds the seat. The recall will affect models of the cradle swing.
Uber For Kids Startup Shuddle Runs Out Of Gas After Failing To Find Any Investors
Shuddle, an Uber-like ride services for kids, shut down on April 15. After working hard to find additional investors, it failed to source enough funds that could have helped the company to grow.
San Francisco Requires Uber, Lyft Drivers To Obtain Business License
San Francisco is now requiring some 37,000 Uber and Lyft drivers who operate in the city and work seven or more days a year to secure a license. A license fee of $91 shall be paid by drivers who earn less than $100,000 a year.
50 Largest US Corporations Hide $1.4 Trillion In Tax Havens Overseas
An Oxfam America report reveals that the 50 largest U.S. corporations have hidden $1.4 trillion in offshore tax havens. Yet, the same corporations are the beneficiaries of big tax breaks and lower tax rates instead of the mandated 35 percent.
Chipotle Investors Want Diversity, Calls For Board Shakeup
CtW Investment Group urged investors of Chipotle Mexican Grill Inc. to stop the re-election of two long-serving board members, Patrick Flynn and Darlene Friedman. CtW claims that the Chipotle board is 'too white, too male and too entrenched.'
US Regulators Reject Living Wills Of Top 5 Big Banks
Five of the biggest U.S. banks have failed the living wills test, federal regulators said on April 13, adding that these could face stricter requirements. The resolution plans of Bank of America, JPMorgan Chase, Bank of New York Mellon, Wells Fargo and State Street do not show a clear way out in case of failure or bankruptcy.
Gap Appoints Internal Executive Sonia Syngal As Head For Old Navy
Sonia Syngal assumes the top post at Old Navy, Gap’s flagship brand. She takes over from Stefan Larsson, who left the company some six months ago.
