Eight results:

Etsy is under pressure from activist investors to grow revenue, reduce spending and perks, and give up its ethical ideals   —  “There is one and only one social responsibility of business,” the economist Milton Friedman famously wrote in 1962.  And that is “to use its resources and engage …
May 21, 2017, 9:40 PMIn context
Jing Cao / Bloomberg:
IAC to buy Angie's List in $500M+ deal; Angie's List will be combined with HomeAdvisor to form new publicly traded company called ANGI homeservices Inc.   —  IAC/InteractiveCorp agreed to buy consumer-recommendation website Angie's List Inc., intending to combine the business …
May 1, 2017, 8:00 PMIn context
Jing Cao / Bloomberg:
Source: Blue Apron had revenue of between $750M and $1B last year and was profitable in Q3   —  The company has built an impressive high-tech operation but is spending heavily to lure customers who are always a bad experience away from bailing.  —  by  —  Jing Cao
Apr 10, 2017, 2:11 PMIn context
Outsourcing firms with lower-skilled staff may get fewer H-1B visas, leaving more for big US tech firms; Google says changes won't affect its software engineers   —  The new way foreign worker visas are doled out in the U.S. is poised to benefit some of the biggest technology companies …
Apr 4, 2017, 8:25 PMIn context
Jing Cao / Bloomberg:
New H-1B guidelines issued, requiring that computer programmers applying for the visa prove their jobs are complex and require advanced knowledge   —  The U.S. Citizenship and Immigration Services department issued a memorandum that makes it harder for companies to bring foreign technology workers …
Apr 3, 2017, 1:40 PMIn context
Jing Cao / Bloomberg:
Sources: IBM is firing thousands of US employees and sending many of the jobs overseas even as it pledges to hire 25K workers over four years   —  Big Blue pledged to hire 25,000 workers over four years.  It wasn't long before employees were accusing the company's CEO of hypocrisy.  —  by
Jan 24, 2017, 1:50 AMIn context
Jing Cao / Bloomberg:
Cross-border B2B digital payments company Payoneer, whose clients include Amazon and Google, announces $180M round led by TCV; company had $100M+ revenue in '15   —  Clients include Amazon, Google, Airbnb, Getty Images  —  Company had more than $100 million in revenue in 2015
Oct 10, 2016, 4:05 AMIn context
Jing Cao / Bloomberg Business:
IBM's acquisition of storage vendor Cleversafe last October cost $1.3B, its largest purchase in 2015   —  IBM Paid $1.3 Billion to Acquire Cleversafe in Hybrid-Cloud Push  —  IBM paid more than $1.3 billion in cash last year to acquire closely held Cleversafe Inc., adding data-storage software …
Feb 24, 2016, 11:25 PMIn context

Sponsor Posts

Expanding the fight against child labor in mining  —  Microsoft commitment will enable nonprofit Pact to expand its critical work in the Democratic Republic of Congo.
Which state has the fastest internet speed?  —  Here's a list of WiFi speeds across the country.  Where does your state rank?
Making the most of iOS 11 features - Zoho Books  —  Last night, the tech world witnessed the launch of Apple's latest software update, iOS 11, which promises to restore iPad back to its former glory.
Learn how to improve shopper conversion via Pay with Google  —  Join Vantiv and Google to learn about the emerging shifts in online shopping and the need for online merchants to offer an effortless checkout experience.
Missed our Virtual Reality webinar ft. VentureBeat?  —  We ran it like a podcast and had a really informative discussion around VR payments.  Listen now, on-demand.