Instagram Co-Founders Kevin Systrom and Mike Krieger to Leave Facebook

Instagram’s co-founders are leaving the popular photo-sharing app, raising questions about the future direction of what has been a growth engine for parent company Facebook. Instagram CEO Kevin Systrom said Monday evening in a corporate blog post that he and chief technology officer, Mike Krieger, would step down from the social networking giant and are […]

Bird’s electric scooters are getting more rugged to handle heavy use

A year ago, dockless electric scooters first appeared on the streets San Francisco and Santa Monica. The initial reaction was bewilderment, eventually giving over to annoyance and dismissal. The companies that were scattering these scooters everywhere, like Bird and Lime, seemed to epitomize tech-bro arrogance. Surely the fad would fade and the scooters would be […]

Sirius XM to Buy Pandora in Bet on Streaming Music

The $3 billion all-stock deal would create an audio-entertainment company with a market value of around $30 billion, rivaling music-streaming market leader Spotify Technology SA. The deal is expected to help Sirius expand its offerings beyond cars, where most satellite-radio users listen, and to provide financial resources to Pandora as it tries to compete with […]

Sky advises shareholders to accept Comcast offer ‘immediately’

U.K. broadcaster Sky has recommended its shareholders accept an offer from Comcast for a $40 billion takeover, the company said in an official statement published Monday. “As the price of the Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast Offer,” the company said. “Accordingly, […]

News Site to Investigate Big Tech, Helped by Craigslist Founder

When the investigative journalist Julia Angwin worked for ProPublica, the nonprofit news organization became known as “big tech’s scariest watchdog.” By partnering with programmers and data scientists, Ms. Angwin pioneered the work of studying big tech’s algorithms — the secret codes that have an enormous impact on everyday American life. Her findings shed light on […]

In Beating Disney for Sky, Comcast Remains in the Game

Indeed, the most stinging loss may belong to the Murdoch family, which has been fighting for control of Sky for the better part of a decade. Mr. Murdoch, 87, co-founded the satellite TV company in 1989 to compete with the British Broadcasting Corporation. Sky, which has 31,000 employees and generated about $17 billion in revenue […]

Social Security Benefits Won’t Go as Far as You Think During Retirement — The Motley Fool

As of 2015, there were roughly 65 million people receiving Social Security benefits, according to the Social Security Administration. And of those 65 million, over 60% say their benefits make up at least half of their income. That shouldn’t come as any surprise, as the average American is woefully unprepared for retirement. In fact, one […]

There Could be a Financial Crash Before End of Trump’s First Term, Experts say, Citing Looming Debts

Financial experts are pointing to several ominous economic indicators including skyrocketing student loan and U.S. household debt  that could predict a crash “worse than the Great Depression,” according to a report in the New York Post.  Goldman Sachs predicted this year’s U.S. fiscal outlook will be “not good” and U.S. household debt has been increasing since the 2008 […]

Why Stock Investors Should Claim at 62 — The Motley Fool

Social Security provides a key source of retirement income for tens of millions of Americans, and one of the biggest financial decisions that older Americans have to make is when to start taking their Social Security benefits. Faced with a choice between larger benefits later in life and smaller benefits immediately, many choose to take […]

RPT-UPDATE 4-Comcast outbids Fox with $40 billion winning offer for Sky

(Repeats to more subscribers with no change to text) * Comcast bids 17.28 pounds a share in dramatic rapid auction * Murdoch’s Fox raised its final bid to 15.67 pounds * Comcast likely to win prize, thwarting Fox-backer Disney By Ben Martin and Paul Sandle LONDON, Sept 22 (Reuters) – Comcast beat Rupert Murdoch’s Twenty-First […]

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