Business
Movie theater attendance hit a 25-year low in 2017
A new report from Bloomberg tells us that movie theater attendance in the US and Canada in 2017 fell to its lowest point since at least 1992. Box…
Business
Page 23 of 37
Business news from The Jolt Journal: the US economy, jobs, inflation, interest rates and tariffs, plus crypto policy and tech industry moves.
Business
Didi Chuxing is stepping up globally, buys control of 99, Brazil’s leading ride-hail app
Didi Chuxing, the ride-sharing giant from China has bought a controlling stake in 99, the leading ride-sharing app in Brazil. According to a new report from Reuters, they…
Business
Spotify has quietly filed to become a public company
For some time now, we've known that Spotify is very interested in going public, but the question was when the company will actually do it. The answer seems…
Business
Spotify is now facing a $1.6 billion lawsuit from Wixen over song licensing
Spotify has faced its fair share of lawsuits in the past and is no stranger to them when it offers unlicensed songs, but through this method, things can…
Apple
Google apparently used a popular tax loophole to shield $19.2 billion
Tech companies are notorious for hiding vast amounts of cash overseas. According to a report from Bloomberg, Google shielded €15.9 billion (about $19.2 billion) in 2016 using a…
Amazon
Amazon announces that it shipped over 5 billion items with Prime in 2017
Amazon has given us some stats for how well it did in 2017. According to a report from Business Wire, the company announced today that Prime members shipped…
Business
Founder of troubled LeEco, Jia Yueting, refuses to return to China
Founder of LeEco has reportedly refused to return to China after requests to answer about his company's financial situation turned up. According to Reuters, Jia Yueting, was ordered…
Amazon
Trump’s latest jab at Amazon: It’s further bringing down USPS
US President Donald Trump in a tweet on Friday revived his beef with Amazon. Trump basically said that Amazon's ship rates with The US Postal Service are making…
Amazon
Kroger is expanding its self-checkout tech in hopes to cut checkout lines
For the past 5 years, Kroger has been testing its self-checkout technology and it appears that the company is now ready to take its self-checkout tech to the…
Companies
Uber is reportedly selling Xchange Leasing to startup Fair.com
In September, Uber announced that it was shutting down its auto-leasing business Xchange Leasing. We now have confirmation from a report by Wall Street Journal that the auto leasing…
Business
New report says that Nintendo is delaying 64GB game cartridges until 2019
According to a report from The Wall Street Journal, Nintendo is delaying the delivery of 64GB Switch cartridges to outside game developers until 2019. WSJ cites several people familiar with…
Apple
New report suggests that iPhone X price may drop come early 2018
Apple's iPhone X has been one of the most popular and innovative iPhones to be released to date. It's also one of the most expensive smartphones to ever…
Business
NVIDIA to soon end support for 32-bit operating systems
If you don't have a 64-bit operating system, you may want to upgrade very soon. NVIDIA has announced that Version 390 of its graphics card driver would be…
Business
Comcast signed up thousands of people for a protection program they didn’t even consent to take part in
Back in 2016, Comcast was named in a lawsuit where the company had thousands of subscribers in Washington state into paying $73 million in fees over five years…
AT&T
To celebrate the death of net neutrality, Comcast is giving its employees $1,000 bonuses
Comcast announced yesterday that it will be giving out ,000 employee bonuses in response to the Federal Communications Commission's repeal of net neutrality rules last week. Not just…