EU slaps Google with record $5 billion fine for antitrust violations
EU slaps Google with $2.7bn fine for manipulation of search results The fine was announced on Wednesday after the EU found the US company guilty of using its Android mobile operating system to block rivals.“Today, mobile internet makes up more than half of global internet traffic. It has changed the lives of millions of Europeans. Our case is about three types of restrictions that Google has imposed on Android device manufacturers and network operators to ensure that traffic on Android devices goes to the Google search engine,” said European Commissioner for Competition Margrethe Vestager. “In this way, Google has used Android as a vehicle to cement the dominance of its search engine. These practices have denied rivals the chance to innovate and compete on the merits. They have denied … [READ MORE...]
Tech We’re Using: When a Tech Reporter Doesn’t Use Much Tech
EBay gets a lot less attention than it used to, but it is still a good source of books unavailable elsewhere. There is a competitor to Abe called Biblio, which lists some of the same books and is still independent. Biblio’s best feature is an annual membership for $20, whose sole function is to provide a 10 percent discount. It pays for itself pretty quick.Are there other book sites you like? The Book Depository is a British bookseller that is in some ways the anti-Amazon. It has a clunky website that feels trapped in 2003. But the store has one great redeeming feature: It does not charge for postage, which is considerable across the ocean. A copy of Le Guin’s latest nonfiction collection — not published in America — would cost me $30 from Amazon.co.uk. From the Book Depository, it is … [READ MORE...]
Bags of Cash and Stealthy Deliveries: How Pot Start-Ups Pay Taxes
The federal government has a history of taking a hard-line view of this industry. In 2015, the Federal Reserve Bank of Kansas City likened Colorado’s legalization of marijuana to allowing “trade in endangered species or trade with North Korea.”But that hard-line is beginning to change, which could mean that down the road, federal regulations might loosen up.Senator Chuck Schumer, Democrat of New York, said last month that he would introduce a bill decriminalizing cannabis. And President Trump recently suggested that he would be open to signing a law that would allow states to control their cannabis industries without threat of federal prosecution. A business group, the National Cannabis Industry Association, recently produced a video encouraging citizens to ask Congress to “support legal … [READ MORE...]
Latest News
Corner Office: Stacy Brown-Philpot of TaskRabbit on Being a Black Woman in Silicon Valley
Once you got to Google, you started managing larger and larger teams.Sheryl saw the potential for leadership, so pulled me into her group to run a 200-person team. I went from managing 14 to 200 people overnight. That was a big step up in not just how I led but how I talked to people, how I communicated. I went from managing direct reports to managing managers, and becoming more responsible as a leader. And then I went to India, and went from managing 200 people to 1,000 people. Was going to … [Read More...]
Sorry, Power-Lunchers. These Tables Are Reserved for Drop-In Workers.
Back at the Elite Cafe in San Francisco, the workday was in full swing.“In cafes, you can’t have a computer and sit there for eight hours,” said Tanya Cheng, 39, who works in e-commerce and had a laptop, a keyboard, a mouse and a tablet set up.She works in Spacious spaces every day and said they had changed her relationship to the restaurants.“When I go to dinner, I avoid these places now,” Ms. Cheng said, with a laugh. “It’s work for me.”Jeff Bernstein, a venture and capital markets adviser, … [Read More...]
Sorry, Power-Lunchers. This Restaurant Is a Co-Working Space Now.
Back at the Elite Cafe in San Francisco, the workday was in full swing.“In cafes, you can’t have a computer and sit there for eight hours,” said Tanya Cheng, 39, who works in e-commerce and had a laptop, a keyboard, a mouse and a tablet set up.She works in Spacious spaces every day and said they had changed her relationship to the restaurants.“When I go to dinner, I avoid these places now,” Ms. Cheng said, with a laugh. “It’s work for me.”Jeff Bernstein, a venture and capital markets adviser, … [Read More...]
High-Skilled White-Collar Work? Machines Can Do That, Too
There are other checks on automation. Negotiations with suppliers typically require a human touch. Even if an algorithm can help buyers make decisions more quickly and accurately, there are limits to the number of supplier relationships they can juggle.Arti Zeighami, who oversees advanced analytics and artificial intelligence for the H M group, which uses artificial intelligence to guide supply-chain decisions, said the company was “enhancing and empowering” human buyers and planners, not … [Read More...]
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Small Business
Bags of Cash and Stealthy Deliveries: How Pot Start-Ups Pay Taxes
The federal government has a history of taking a hard-line view of this industry. In 2015, the Federal Reserve Bank of Kansas City likened Colorado’s legalization of marijuana to allowing “trade in endangered species or trade with North Korea.”But that hard-line is beginning to change, which could mean that down the road, federal regulations might loosen up.Senator Chuck Schumer, Democrat of New … [Read More...]
Some Said They’d Flee Trump’s America. These People Actually Did.
Unplugging and Yet NotJust like late-1960s hippies, right? But living an untethered life has gotten easier now that many people need only a laptop and a fast internet connection to earn a living. Websites like Nomadlist help people decide where on Earth to go. The rise of Airbnb makes it easy to rent space in most corners of the globe with a swipe of your iPhone. Roving parents can find global … [Read More...]
Your Money
Retiring: In a Tight Labor Market, Retirees Fill Gaps Their Previous Employers Can’t
At some organizations, it is high-level executives who have come out of retirement.Thomas Murphy, a construction engineer in Atlanta, had helped the United Parcel Service erect some 70 buildings throughout the United States during his career at the company. In 2007, after he had risen to the post of coordinator of compliance and ethics for the company, he accepted an early retirement package.“I … [Read More...]
Your Money Adviser: The Virtues of a Summer Job
In parts of the country where students will return to school in mid-August, much of the summer is already gone and employers may not be as eager to hire as they were in the spring. But often, entry-level jobs suitable for teenagers have high turnover, so it’s worth checking again, even if you didn’t find a job earlier in the summer, Mr. Challenger said.Here are some questions and answers about … [Read More...]