Robinhood pitched itself to investors as the antithesis of Wall Street. It didn’t say that it also entirely relies on Wall Street. This past week, the two realities collided. The online trading app Robinhood became a cultural phenomenon and a Silicon Valley darling with a promise to wrest the stock market away from Wall Street’s […]
SAN FRANCISCO — DoorDash, the leading food delivery app in the United States, has its fans. Hungry people. Busy people. Lazy people. It also has its share of enemies: Regulators who have poked holes in the start-up’s pricing and employment practices. Drivers who sued over their tips. Restaurateurs who complained DoorDash delivered their food without […]
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Workers assemble and perform quality control checks on MacBook Pro display enclosures at an Apple supplier facility in Shanghai. Apple Inc. A report in The Wall Street Journal published today provided new insights and analysis on Apple’s heavy reliance on partners in China to manufacture its products. The piece is timed with fluctuating stock for […]
This was supposed to be the year when America’s biggest start-ups would finally make their triumphant debut on the stock market. Billionaire Silicon Valley investors, sneaker-clad founders and button-down bankers all expected enormous stock sales to turn companies like Uber, Lyft and WeWork into a new generation of corporate giants. It hasn’t quite turned out […]
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A state lawmaker in Arizona is proposing a tax on online porn to help fund President Trump’s border wall. The bill from Republican Rep. Gail Griffin seeks to collect the tax by first requiring device vendors in the state to install porn-blocking software on the hardware. To get the software de-activated, you’ll have to pay […]
Redesigned Echo Dot, available for pre-order today. Sam Machkovech The new Echo Dot revision (left), compared to its last iteration (right). Sam Machkovech The Amazon Echo Sub(woofer). Sam Machkovech Amazon’s new Echo Link Amp (left) and Echo Link (right). Sam Machkovech The Echo Link Amp (left) includes a 60W amplifier and, thus, support for more […]