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Who needs brand names? Now Amazon makes the stuff it sells

October 22, 2018

If you search for dog food on Amazon, you’ll probably find a bag with a picture of a woman perched on an ocean cliff patting a fluffy, golden dog. It’s succeeding. Amazon’s private label sales will reach $7.5 billion this year, analysts at SunTrust Robinson estimate. By 2022, they are expected to hit $25 billion. […]

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Michael Kors Facebook AR ad in News Feed test run

October 16, 2018

Facebook is inserting your face right into the ads in your news feed thanks to AR.Image: FACEBOOK You’ll soon be able to try on sunglasses and buy them without ever leaving your Facebook app. SEE ALSO: Facebook ‘split memes’ are driving everyone crazy The social media company announced Tuesday that it’s beginning to test augmented […]

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FDA Cracks Down on E-Cigarettes to Curb Teen-Vaping ‘Epidemic’

October 10, 2018

Teenage use of e-cigarettes has reached “an epidemic proportion,” the Food and Drug Administration said Wednesday, announcing that Juul and four other e-cigarette manufacturers have 60 days to “convincingly address” use by minors or the agency could take their products off the market. In a briefing, FDA Commissioner Scott Gottlieb said the companies failed to […]

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Melinda Gates’ New Research Reveals Alarming Diversity Numbers

October 8, 2018

Executives at tech companies say gender diversity matters. They opine that there aren’t enough women in tech, and express outrage and frustration that just 11 percent of senior tech leaders are women. But in reality they spend very little of their philanthropic dollars attempting to close this gender and race gap, according to new research […]

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Michael Kors buys Versace in $2.1bn deal

October 4, 2018

Donatella Versace to stay on at Italian label and US fashion group to rebrand as Capri Versace has been sold to the US clothing and handbags group Michael Kors for $2.1bn (1.64bn) in the latest example of a family-owned European brand taken under the control of a global fashion conglomerate. Michael Kors, which last year […]

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Silicon Valley Wants to Use Algorithms for Debt Collection

September 29, 2018

Consumer debt, credit card debt, and personal loan debt are at all-time highs. Meanwhile, investors who purchase debt for cents on the dollar and then try to collect the whole amount, and the collection agencies they hire, are getting increasingly aggressive. One in four consumers contacted by debt collectors feels threatened, and most consumers say […]

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AI Can Recognize Images. But Can It Understand This Headline?

September 28, 2018

In 2012, artificial intelligence researchers revealed a big improvement in computers’ ability to recognize images by feeding a neural network millions of labeled images from a database called ImageNet. It ushered in an exciting phase for computer vision, as it became clear that a model trained using ImageNet could help tackle all sorts of image-recognition […]

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Labor Board Backs Startup Engineers Fired for Unionizing

September 28, 2018

The National Labor Relations Board is joining the fight by a group of engineers who want to form a union at a small San Francisco software firm. The NLRB issued a complaint on Tuesday against Lanetix, alleging that the company violated federal labor laws when it fired 14 engineers in January after they filed papers […]

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Trump threatens new tariffs on $267bn of Chinese goods

September 19, 2018

President says further package ready to go as Apple warns trade war will hike prices Donald Trump has said he has a new tranche of tariffs ready to place on virtually all Chinese goods, as Apple warned the trade war will make its products more expensive for American consumers. A package of tariffs was already […]

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Trump Wont Kill Off Germanys Trade Surplus

September 7, 2018

Germany’s trade surplus is likely to stay large no matter how hard Donald Trump tries to make it disappear. The U.S. president has accused his ancestral homeland — his grandfather was a German immigrant — of unfair trade practices and threatened the country with import levies on cars. Time is running out if he’s to […]

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