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Software giant Oracle moved the company headquarters from Redwood City, California to Austin, Texas, Bloomberg reported, the latest tech firm to depart Silicon Valley for the Lone Star State. Oracle did not immediately reply to a request for comment Sunday, but told CNBC that it was putting into place “a more flexible employee work location policy,” and that the move to Austin would “best position Oracle for growth and provide […]
Sephora will open hundreds of beauty shops inside Kohl’s stores in coming years in a deal that rivals Target’s recent partnership with Ulta Beauty. Some 200 Sephora at Kohl’s locations will open by next fall, rising to at least 850 sites by 2023, the companies announced Tuesday. Sephora will also launch on Kohl’s website next year, offering more than 100 beauty brands, some of which are exclusive to Sephora. The […]
Amazon and HBO-owner WarnerMedia finally came to an agreement this week to bring HBO Max to Amazon Fire TV devices, nearly six months after the streaming service first launched. But according to CNBC, as part of that agreement, Amazon will be removing HBO from Amazon’s Prime Video Channels selection starting next year. Amazon Prime Video Channels let you subscribe to individual streaming channels for a monthly fee and watch them […]
Apple is now the world’s most valuable publicly traded company, passing Saudi Arabia’s state-owned oil company Saudi Aramco. According to CNBC, as of close of business Friday, Apple has a market valuation of $1.84 trillion, while Saudi Aramco’s is $1.76 trillion. Apple’s stock, which has been on a largely-steady climb since the end of March, closed up more than 10 percent on Friday following the company’s record-breaking third-quarter earnings on […]
CNBC reports that Apple has released the public beta for iOS 14, and anyone can install it on their iPhone, so long as it’s an iPhone 6s or newer. It’s a test version of the full software that will roll out to all iPhones this fall, and it includes a lot of fun new features. There are widgets on the home screen, for example, so you can see little windows […]
Apple’s US retail stores have been closed since mid-March due to the COVID-19 pandemic, but the company is going to start opening some of them back up this week. “We’re excited to begin reopening stores in the US, starting with some stores in Idaho, South Carolina, Alabama, and Alaska,” an Apple representative told CNBC. “Our new social distance protocol allows for a limited number of visitors in the store at […]
Facebook is temporarily banning ads and commerce listings for medical face masks amid growing concern over coronavirus-related exploitation, CNBC reports. “We’re monitoring COVID19 closely and will make necessary updates to our policies if we see people trying to exploit this public health emergency,” Facebook director of product management Rob Leathern tweeted. “We’ll start rolling out this change in the days ahead.” The World Health Organization (WHO) on Tuesday said people […]
Dunkin’ Brands’ partnership with Beyond Meat may go beyond one breakfast sandwich, Dunkin’ CEO David Hoffmann told CNBC on Thursday. “We’re talking about more things down the road,” Hoffmann said on “Closing Bell.” “We’re happy with our first venture in this, and I think the consumers are responding.” Dunkin’ took its collaboration with Beyond Meat nationwide in November, after sales of the egg, cheese and plant-based sausage sandwich exceed expectations […]
San Francisco-based medical records startup Practice Fusion allegedly developed software for pharmaceutical companies to help increase the number of prescriptions doctors wrote for pain medications, according to a settlement with the US Department of Justice, Bloomberg reports. The company, which supplied its software to tens of thousands of doctors offices nationwide, admitted doing so as part of a $145 million federal settlement to resolve civil and criminal penalties, including $113 […]
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