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Yahoo just wrote down another $482 million from Tumblr, the company it bought...
Yahoo just announced that it wrote down $482 million in impairment costs from Tumblr, the social media site it bought for $1.1 billion in 2013.That's the second time Yahoo wrote off Tumblr's value this...
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I just had an amazing experience in a car — but it's rapidly vanishing (F)
Most new cars have a quality of staying new longer.This is a good thing generally, but back in the day, cars would develop more character as they got older. Who can forget that first ride in a...
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You won’t recognize the new world of digital payments without this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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Viacom's top two executives reserve right to resign
(Reuters) - Viacom Inc Chief Executive Philippe Dauman and Chief Operating Officer Thomas Dooley moved to reserve their legal right to resign "with good reason," according to regulatory filings made...
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Netflix blamed its terrible quarter on media chatter about its price hike (NFLX)
On Monday, Netflix turned in dismal results for Q2 in both domestic and international subscriber additions, well behind its own forecasts, as well as those of Wall Street.And Netflix blamed a...
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What you need to know on Wall Street right now
Finance Insider is Business Insider's summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here. Goldman Sachs...
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Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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Lufthansa's Eurowings eyes some Air Berlin operations: paper
FRANKFURT (Reuters) - Lufthansa's budget unit Eurowings, which it sees as a tool for consolidation among European airlines, is considering acquiring some of loss-making rival Air Berlin's routes,...
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We took a Tesla Model S on a road trip and learned the hard way how it's...
Last year, I drove one of my kids to camp in a BMW i3, an extended-range electric vehicle that at the time was rumored to be a basis for the Apple Car.The trip went great, so I decided to make our...
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Here are the most and least expensive places to live in America
America's biggest cities are among its most expensive.The Bureau of Economic Analysis recently released data on personal income and the cost of living in 2014 for metropolitan areas and the...
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MESSAGING APPS FOR PUBLISHERS REPORT: Why chat apps are now crucial for...
The top four messaging apps — Facebook's Messenger, WhatsApp, WeChat, and Viber — now claim nearly 3 billion monthly active users combined, narrowly outnumbering the combined active users on the...
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Microsoft crushes on earnings and revenue, stock pops (MSFT)
Microsoft announced earnings for the fourth quarter of its just-finished fiscal year 2016 on Tuesday afternoon after the stock market's closing bell.You can read the full results here, from a Microsoft...
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STOCKS GO NOWHERE, DOW TOPS CLOSING HIGH: Here's what you need to know (SPY,...
Stocks barely moved in either direction on Tuesday, in another session marked by weak trading volume. The Dow Jones Industrial Average crossed the all-time closing high it reached on Monday. The index...
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The cofounder of a $1.4 billion tech fund is going it alone
Seth Wunder, the cofounder of $1.4 billion Contour Asset Management, has left the firm and is in the early stages of planning a new hedge fund.Wunder left Contour in June, and cofounder David Meyer has...
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Microsoft adjusted revenue rises 2.1 percent
(Reuters) - Microsoft Corp reported a 2.1 percent rise in quarterly adjusted revenue as growth in its cloud business helped to offset weakness in the personal computer market.The company's posted net...
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United Air tops profit estimates, plans $2 billion buyback
(Reuters) - United Continental Holdings Inc on Tuesday reported lower second-quarter profit that beat analysts' expectations as aircraft routing and engine usage helped it save on fuel.The company also...
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I drove 2 generations of the Acura NSX supercar — and they fulfilled a...
For me, as a child of the 90s, the Acura NSX (or Honda NSX if you reside outside of the US) helped define automotive excellence for the decade of my youth. When the original NSX debuted in 1990, it...
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The new era of payment processing will change everything
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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The car that will take on the Tesla Model 3 is entering production in October...
General Motors has followed an aggressive schedule for the launch of its 2017 Chevrolet Bolt EV electric car.After unveiling the production version of the 200-mile electric car at the 2016 Detroit Auto...
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Chesapeake sued for allegedly rigging bids on U.S. oil, natgas leases
(Reuters) - Investors who sold oil and natural gas land leases to Chesapeake Energy Corp and now-bankrupt SandRidge Energy Corp sued Chesapeake and Tom Ward, SandRidge's former CEO, alleging that they...
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