Economy

Tesla Model S and Elon Musk Update: California Loses Out on Motor Company's $5 Billion Gigafactory

Tesla Motors, a Palo Alto based motor company that has led the auto industry in eco-luxury vehicles in the last few years, recently ruled out California's bid to develop a $4-to-$5 billion battery factory that is projected to employ 6,500 workers.

Facebook Hires $200K Police Officer for Headquarters in Menlo Park

The cop patrols the Facebook community Facebook's wish to hire a police officer exclusively for its headquarters was granted after the Menlo Park City Council in California agreed to it.

iPhone 5c Sales and Demand: Handset Popularity So Weak That Inventory is Piling Up Sky High

The iPhone 5c was supposed to be an attractive alternative to the premium priced, but widely coveted, iPhone 5s.

iPhone 6 Specs, News and Rumors: Gorilla Glass Maker Corning Bashes Sapphire Glass, All But Confirming Smartphone Will Utilize the Material

Smartphone and tablet glass panel maker Corning is dissing sapphire glass as a protective material. Smartphone and tablet glass panel maker Corning is dissing sapphire glass as a protective material.

Bitcoin CEO Suicide in Singapore: Is the Virtual Currency's Recent Trouble with Hackers to Blame?

A 28 year-old American CEO or a Bitcoin virtual currency company was found dead in Singapore last week. Police suspect suicide, but friends say Bitcoin's recent troubles have little to do with her death.

U.S. Hispanics-Owned Car Dealerships See Sales Growth in 2013 as Toyota Named Top Brand

Automobile sales have encountered a "good year" particularly with the top 20 U.S. Hispanic-owned dealerships.

Target CIO Resigns, Highlights Growing Cyber Paranoia

Target's chief information officer Beth Jacob resigned Wednesday as the major retailer attempts to recover from one of the largest credit card heists ever pulled.

Apple vs. Samsung Sales: Samsung Tablets Increase By 336 Percent in 2013 as Apple Inc. Market Share Drops, Says Gartner

Despite the growth of iPad sales, Apple Inc. suffered a double-digit market share percentage loss, and Samsung capitalized on the opportunity.

Staples Joins RadioShack on List of Retailers Feeling the Squeeze from Ecommerce

On Thursday, office-supply retailer Staples joined the crowd of brick and mortar retailers clearly hurt by a tepid holiday shopping season and competition from online ecommerce. But Staples' attitude appears to be "if you can't beat 'em, join 'em."

Apple Inc. e-Books Price Fixing Trial: Apple Files Appeal to 'Radical' Ruling by District Court Judge

Apple Inc.'s presence in court continued with the iPhone company requesting the U.S. Court of Appeals for the Second Circuit to throw out a judge's "radical" ruling.

iPad Pro Release, Specs and Rumors: Is Apple Delaying Launch Until 2015?

Is the iPad Pro release date delayed? Is the iPad Pro release date delayed? The most talked about device out of the highly secretive Cupertino, Calif. -based Apple has reportedly been shelved for all of 2014 according to a new report by KCI Securities' Ming Chi-Kuo.

Xbox One Price and News: Microsoft Cuts Cost to Compete with PS4, Offers Titanfall Bundle

The Xbox One was hyped up like no other console before it, yes that includes its' direct competitor, the brand-spanking new PS4 system.

Sony Slashes Jobs in Australia and New Zealand as Part of Restructuring Plan

Sony Corp.'s dreaded restructuring plan announced in February is beginning to arrive, as the multinational Japanese corporation announced Wednesday that it was cutting jobs in Australia and New Zealand.

Sprint and T-Mobile Merger: Deutsche Telekom Planning to Stand on its Own

Sprint's support for acquiring fellow wireless service provider T-Mobile may be dwindling faster than it had hoped. Arguments that the two carriers can better compete with juggernauts Verizon and AT&T may lose steam as Deutsche Telekom AG, the owner of T-Mobile, is confident that T-Mobile can stand on its own.

Facebook Announces Anti-Gun Initiative Against Illicit Firearms Sales

The social media company Facebook, which owns Instagram, announced that over the next few weeks it would implement a new set of restrictions on commercial activity use of the sites.

Washington D.C. Legal Weed: Marijuana Decriminalized in Nation's Capitol

Possession infractions will be fined $25 Last Tuesday, the Washington D. C. city council voted to decriminalize the possession of small amounts of marijuana.

Google Glass News, Controversy, and Update: Woman Posts Movie Of Bar Scuffle After Man Was Detained At AMC Theater [Video]

Several incidents involving Glass have made the news Is wearable technology the future? Companies are moving into the space but it remains unclear how and whether users will adopt the new technologies.

Apple vs. Samsung Patent Lawsuit: Apple Inc. Fails to Ban Sales of 23 Samsung Smartphone in US, Ruled Judge Koh

Apple Inc.'s request for a permanent ban of specific and older Samsung smartphones in the United States (U.S.) was denied.

Apple Inc. (AAPL) CEO Tim Cook: 'Get Out of the Stock' If You Disagree with Apple's Sustainability Efforts

Apple Inc. CEO Tim Cook has commented on shareholders who share a dislike to the company's sustainability approach.

Latin America, Emerging Markets, Drive Shift in Tech Industry's Priorities

Last year marked the first time smartphones outsold cheaper feature phones globally, but according to a new report, the smartphone frenzy is expected to slow down this year and into the near future. For PC makers, the computer market looks even worse.