Inside Tony Hussey’s mansion in Park City, Utah, thousands of color-coded sticky notes covered the walls, representing many of the financial commitments that Zappos.com Inc. eventually made. Were co-founders of employees, friends and local businesses, according to acquaintances. According to people close to Mr., those registrations, written by a tech …
Read More »Uber sells its ‘flying taxi’ business to startup Joby
A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »India blocks several Alibaba apps to widen Chinese blacklist
Amazon’s fears gripped as internet retail giant shakes up pharmacy business
Amazon.com has been one of the most innovative and disorganized companies of this century, with incredible success in areas beyond historically considered its core business (book sales). Thus every ad or speculation Amazon AMZN, -0.96% Whoever enters a particular industry sends the shares of that industry into the tailspin. Investors …
Read More »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
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