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Alibaba and Tencent Set Fast Pace in Mobile-Payments Race

Alibaba and Tencent Set Fast Pace in Mobile-Payments Race

China’s online juggernauts Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are beating Silicon Valley in the race to build mobile-money systems in some of the world’s fastest-growing consumer markets.

Published 8 months ago

Good News for Apple as iPhone 8 Sales Off to a Slow Start

Good News for Apple as iPhone 8 Sales Off to a Slow Start

When new iPhones hit the market, they usually fly off the shelves. But with the two models that began selling Friday, there are signs demand is tepid—and some analysts say that could be a good thing for Apple Inc.

Published 8 months ago

Liliane Bettencourt, Heiress to L’Oréal Fortune, Dies

Liliane Bettencourt, Heiress to L’Oréal Fortune, Dies

Liliane Bettencourt, one of the world’s richest women and heiress to the L’Oréal cosmetics fortune, died Thursday. She was 94.

Published 8 months ago

North Korea Official Threatens Hydrogen-Bomb Test Over Pacific Ocean

North Korea Official Threatens Hydrogen-Bomb Test Over Pacific Ocean

Foreign Minister Ri Yong said his nation might consider a historic test over the Pacific Ocean, just hours after North Korean leader Kim Jong Un insulted Donald Trump in response to the U.S. president’s speech before the United Nations.

Published 8 months ago

From Rubble and Ruin, a Mexican Town Wonders How to Rebuild After the Earthquake

From Rubble and Ruin, a Mexican Town Wonders How to Rebuild After the Earthquake

Two days after a massive earthquake ruptured through central Mexico, the residents of Jojutla, in the state of Morelos, are just starting to dig out. Now comes the hard part: rebuilding an entire town.

Published 8 months ago

Hewlett Packard Enterprise to Cut 10% of Workforce

Hewlett Packard Enterprise to Cut 10% of Workforce

Hewlett Packard Enterprise Co. plans to cut its workforce by 10%, according to a person familiar with the plans, the latest cost cuts as the business-technology giant combats increasing competition and higher component prices.

Published 8 months ago

Aaron Hernandez’s Brain Showed ‘Severe’ Disease

Aaron Hernandez’s Brain Showed ‘Severe’ Disease

The former NFL star, who killed himself in April, had chronic traumatic encephalopathy, or CTE, his lawyer said Thursday.

Published 8 months ago

U.S. Considers Dropping Federal Oversight of AIG

U.S. Considers Dropping Federal Oversight of AIG

U.S. officials are considering whether to remove federal oversight of insurer American International Group Inc., according to people familiar with the matter.

Published 8 months ago

HuffPost Goes on $1 Million Bus Tour to Promote New, Anti-Elitist Mission

HuffPost Goes on $1 Million Bus Tour to Promote New, Anti-Elitist Mission

The editor of the website formerly known as the Huffington Post, which has faced stagnant traffic, is trying to promote a redefined mission with a “Listen to America” bus tour.

Published 8 months ago

Facebook to Release Russian-Linked Ads To Capitol Hill Investigators

Facebook to Release Russian-Linked Ads To Capitol Hill Investigators

Facebook will release Russian ad purchases on its platform to Capitol Hill investigators looking into possible Russian attempts to influence the 2016 presidential election, a source says.

Published 8 months ago

Top SEC Officials Only Recently Learned of 2016 Company-Database Hack

Top SEC Officials Only Recently Learned of 2016 Company-Database Hack

The Securities and Exchange Commission’s top officials weren’t told until recently about a 2016 cyberattack that penetrated its system for public-company filings, raising questions about how the breach was initially handled.

Published 8 months ago

Top Uber Investor Resists SoftBank Deal

Top Uber Investor Resists SoftBank Deal

As Uber works to finalize a potential multibillion-dollar investment deal with Japan’s SoftBank, one of the ride-hailing giant’s earliest and biggest shareholders has indicated it doesn’t intend to sell.

Published 8 months ago

How Much Is Your College Football Team Worth?

How Much Is Your College Football Team Worth?

Three football programs—Ohio State, Texas and Oklahoma—are valued at over a billion dollars.

Published 8 months ago

Silly Rabbit! Original Trix With Artificial Colors Is Back After Customers Revolt

Silly Rabbit! Original Trix With Artificial Colors Is Back After Customers Revolt

Using radishes and turmeric instead of Red 40 and Yellow 6 didn’t work for children and adults alike

Published 8 months ago

‘Catch Me if You Can’ Scam Artist Has a Warning for Today’s Consumers

‘Catch Me if You Can’ Scam Artist Has a Warning for Today’s Consumers

Frank Abagnale Jr., whose exploits inspired the Leonardo DiCaprio movie, says digital technology and social media only make things easier for swindlers now.

Published 8 months ago