16
August 16, 2021
16
August 16, 2021
Tesla’s Autopilot Under Formal Investigation
By Natalie DeCoste No electric vehicle has been able to match the popularity of Tesla's cars. Still, the company is facing serious problems after the U.S. auto safety regulators announced that they had opened a formal safety probe into Tesla Inc's driver assistance system Autopilot. The National Highway Traffic Safety Administration (NHTSA) announced on Aug. 16 [...]
6
August 6, 2021
Activision Blizzard Rocked by Harassment Scandal
By Natalie DeCoste A sexual harassment scandal has hit the gaming community once again, this time it involving video game company Activision Blizzard. The scandal forms a twisted web of allegations and lawsuits that are harder to navigate than a level of Dark Souls. Activision has been under a cloud of scandal since June 21, 2021, because [...]
5
August 5, 2021
U.S. Government Taps Tech Companies to Help Fight Cyber Threats
By Natalie DeCoste Ransomware attacks have become more frequent over the last few years, with cybercriminals targeting hospitals and pipelines in their attacks. Now the U.S. government is stepping up to defend against cyberattacks with the help of Big Tech. The Cybersecurity and Infrastructure Agency (CISA), an offshoot of Homeland Security, announced the creation of the [...]
4
August 4, 2021
Private Sector Added Over 300,000 Jobs in July, Falling Short of Expectations
By Natalie DeCoste Private companies in the U.S. added hundreds of thousands of jobs in July but unfortunately not as many as expected, raising eyebrows about the state of the job market. On August 4, payroll processing firm ADP reported that employers added 330,000 positions for July, a sharp decline from the 680,000 added in June. The [...]
3
August 3, 2021
WPP Ends Deal with Facebook’s Media Agency Review
By Natalie DeCoste WPP’s media agency GroupM has decided to end its relationship with Facebook and withdraw from its global media review. WPP is a British multinational communication company specializing in advertising, public relations, technology, and commerce. One of WPP’s agencies is GroupM, the world’s leading media investment company responsible for more than $50B in annual media [...]
3
August 3, 2021
PepsiCo Ditches Its Juice Brands
By Natalie DeCoste PepsiCo has decided to sell off controlling stake of its juice brands, including Tropicana orange juice and Naked. The soda company announced that it would sell a controlling stake of the juice brands to French private equity firm PAI Partners. PepsiCo will receive pretax proceeds of $3.3 billion and retain a 39% stake [...]
2
August 2, 2021
2
August 2, 2021
2
August 2, 2021
