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- Consumer Reports
What's the Best Way to Store Coffee Beans?
The best way to store your coffee beans and keep them fresh depends on how soon you plan to use them. Coffee is hygroscopic, meaning it absorbs moisture, odors, and flavors from the surrounding a...
- Bloomberg
Twitter Blamed for Saudi Spy Hack of Activist Tied to Khashoggi
(Bloomberg) -- A Saudi dissident sued Twitter Inc. claiming its failure to tell him about a state-sponsored hack of his account led to government agents discovering his plans for a social media protest with Jamal Khashoggi a few months before the journalist was slain last year.Omar Abdulaziz claims a
- Bloomberg
Casper Is Said to Work With Morgan Stanley, Goldman on IPO
(Bloomberg) -- Online mattress retailer Casper Sleep Inc. is working with Morgan Stanley and Goldman Sachs Group Inc. on a U.S. initial public offering, according to people with knowledge of the matter.The New York-based company could go public as soon as this year or the first half of 2020, said the
- Bloomberg
Mark Hurd, Oracle CEO Who Led Three Tech Companies, Dies
(Bloomberg) -- Mark Hurd, who was chief executive officer of three major technology companies including Oracle Corp., has died. He was 62.Most recently Hurd was co-CEO at Oracle with Safra Catz where he focused on sales, marketing and press and investor relations, while she ran finances and legal matters
- Bloomberg
Mark Hurd: Silicon Valley’s Ultimate Salesman
(Bloomberg) -- Mark Hurd was in his element at Indian Wells.The tennis tournament–more formally known as the BNP Paribas Open at Indian Wells, California— provided him with the perfect backdrop to flex his passions: tennis and selling stuff. Hurd turned the event, which Oracle Corp. co-founder Larry
- Bloomberg
WeWork Is Facing an Executive Exodus
(Bloomberg) -- As WeWork prepares to cut potentially thousands of jobs this month, executives keep heading for the exits. The situation has turned into an exodus, with at least six C-level executives and the vice chairman leaving since last month.Adam Kimmel, WeWork’s chief creative officer, is the latest
- Bloomberg
Software Names Slide as Atlassian Fails to Ease Valuation Fears
(Bloomberg) -- Software companies fell on Friday, extending recent losses after results from Atlassian Corp. topped analyst forecasts yet failed to provide enough upside to assuage concerns over the group’s valuation.Atlassian shares dropped as much as 11% to their lowest level since May. The stock was
- Bloomberg
SoftBank Vision Fund Partner Who Oversees Didi, Grab Resigns
(Bloomberg) -- SoftBank Vision Fund partner David Thevenon has resigned to pursue other opportunities, according to people familiar with the matter.Thevenon, who is based in London, will leave after a phased transition for his portfolio companies, said one of the people, who requested anonymity because
- Bloomberg
SoftBank Eyes WeWork Rescue Valuation Below $8 Billion
(Bloomberg) -- SoftBank Group Corp. is assembling a rescue financing plan for WeWork that may value the office-sharing company below $8 billion, according to people familiar with the discussions.The new figure is a fraction of the $47 billion valuation the startup commanded as recently as January. The
- Bloomberg
Zuckerberg Hearing May Be the Start of Next Phase of Tech Battle
(Bloomberg) -- A House hearing scheduled for Wednesday with Mark Zuckerberg as the sole witness will kick off the “next phase” in the battle between big tech companies and the U.S. government, according to Wedbush.“The drum-roll has started” for the Financial Services committee hearing, with Zuckerberg
- Bloomberg
Nationwide Protests Erupt in Lebanon as Economic Crisis Deepens
(Bloomberg) -- Thousands of protesters cut off roads and started fires around Lebanon as anger over plans to impose a levy on WhatsApp calls escalated into demands for the government to resign.Demonstrators carrying Lebanese flags thronged outside government headquarters in downtown Beirut on Friday,
- Bloomberg
What Happens to a Startup With a #MeToo Scandal and No HR Department
(Bloomberg) -- The MeToo movement has helped uncover the many ways men abuse positions of power, as well as the corporate fixers and financial settlements that enable such behavior. But what happens at a company just getting its start, with a few dozen employees, a board consisting of three men and no
- Bloomberg
Rocket Car Puts Land Speed Record in Sight, and Maybe 1,000 Mph
(Bloomberg) -- The world land speed record of 763 miles per hour (1,228 kilometers per hour) is under threat.The Bloodhound LSR car has arrived at Hakskeenpan, a dry salt lake bed in South Africa’s Northern Cape province, and over the next month a 25-strong crew will run tests that may see it exceeding
- Bloomberg
TSMC’s $15 Billion Splurge Galvanizes Hope of 5G-Led Rebound
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s plan to spend as much as $15 billion on technology and capacity in 2019 -- roughly 50% higher than originally envisioned -- is spurring hopes that the dawn of fifth-generation networks will rev up global chip and smartphone demand.The primary chip
- Bloomberg
Mark Zuckerberg Touts Broad Power of Expression as ‘Fifth Estate’
(Bloomberg) -- Facebook Inc. Chief Executive Officer Mark Zuckerberg said the social network doesn’t fact-check political advertisements because it’s not the place of technology companies to become arbiters of truth.“I don’t think most people want to live in a world where you can only post things that
- Bloomberg
With WeWork Staff Morale Suffering, Another Top Executive Is Leaving
(Bloomberg) -- As WeWork scrambles this week to raise cash needed to keep afloat, several top executives aren’t sticking around to see the results.Chief Marketing Officer Robin Daniels is leaving, according to two people familiar with the matter who asked not to be identified discussing internal matters
- Bloomberg
Juul Suspends Sale of Most E-Cigarette Flavors in U.S.
(Bloomberg) -- Juul Labs Inc., the largest e-cigarette maker in the U.S., is suspending sales of most nicotine pod flavors nationwide, bending to pressure from officials and the public who said sugary flavors were hooking teens.Fruit and dessert flavors, which the company was selling to people over 21
- Bloomberg
Hot Online Bank Startup Leaves Customers Without Access to Their Cash
(Bloomberg) -- Chime, an online banking startup with more than 5 million customers, has been suffering an outage for much of past 24 hours that has left customers without access to their money. The startup blamed the disruption on an unspecified issue with a payments processor and said data was not at
- Bloomberg
Wall Street Goes ‘Where the Growth Is’ on Wealth Advice, Not 0%
(Bloomberg) -- The biggest U.S. lenders aren’t ruffled by the push among discount brokers to cut commissions to zero.Wall Street firms from Bank of America Corp. to Morgan Stanley said they’re focused on longer-term client relationships instead of just boosting stock-trading activity. Discount brokers
