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Business news from The Jolt Journal: the US economy, jobs, inflation, interest rates and tariffs, plus crypto policy and tech industry moves.
Black Friday and Cyber Monday sales have generally been quite high online but Walmart is taking a nontraditional approach to boosting sales this holiday season. For Black Friday…
While T-Mobile subscribers are enjoying Netflix with their service, Sprint has announced that it's partnering with Hulu to offer free access to Hulu's Limited Commercials plan. If you're…
Foxconn's profits seemed to have slipped quite a bit to $700 million las quarter, down 39 percent year-over-year decline from $1.09 billion it was pulling during last year's…
Last month, we reported that GameStop announced a new rental subscription service that would allow customers to rent as many used games as they wanted for a six-month…
U.S.'s two largest wireless carriers, AT&T and Verizon, are joining forces to build cell towers together, Verizon announced today. AT&T and Verizon are working with a third company,…
Last week, Broadcom had publicly announced that it's making a record-breaking bid of $130 billion to takeover Qualcomm. Today, Qualcomm has responded by saying that it's rejecting the…
Uber Technologies, Inc. has been struggling internally for quite some time now. Due to this internal struggle, it's also been struggling externally. For example, the company went through…
With the mess that was happening in Uber's boardroom, the dust seems to have settled. A "Peace Deal" has been reached in the Uber boardroom that is expected…
Wish agreed to $30 million deal with the Los Angeles Lakers to put the Wish logo on their jersey over the next three years. Peter Szulczewski knew that…
UPS is now interested in converting its entire fleet from diesel to electric. The company is partnering with the New York State Energy Research and Development Authority to…
Recently-released Paradise Papers have brought incredible amount of attention to things such as international corruption and tax evasion. Now only have we seen more information on the big…
Alibaba has turned Singles' Day in China a one to be remembered. In 2009, the company turned the day as the United State's version of Black Friday. Now…
Just when you think that things fo Uber couldn't get any worse, something else comes up that pushes the company into even more trouble. Uber Technologies Inc. has…
Uber is currently conducting some experiments to see whether its most frequent riders would use a 24/7 support feature. First reported by TechCrunch, it involved a hotline and…
AT&T and Time Warner have been working hard to get a merger through regulatory approval. The process hasn't been the easiest because apparently, Department of Justice is asking…
