Google admits trouble selling expensive Pixels, but it’s got a cheaper one coming soon

Google admits trouble selling expensive Pixels, but it’s got a cheaper one coming soon

Google has a simple, yet subtle, reason for its anticipated push into the midrange smartphone market: there’s too much competition in the high-end one. Next month, on the first day of its I/O developer conference, Google is expected to show off its new, cheaper Pixel 3a and 3a XL. And on an earnings call with reporters today, Ruth Porat, the chief financial officer of Google parent company Alphabet, said that industry-wide pressure on high-end phones led to fewer Pixel sales last quarter compared to this time a year ago.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Spotify now has 100M paid subscribers, double Apple Music’s last reported number

Spotify now has 100M paid subscribers, double Apple Music’s last reported number

Spotify paid subscribers have now reached 100M, double the last number Apple Music reported back in January. Spotify announced the number in its latest earnings report, for the first quarter of the year … Almost half of the company’s users are now paid subscribers.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

It’s Time For Companies To Fire Their Human Resource Departments

It's Time For Companies To Fire Their Human Resource Departments

In an experiment that involved sending out more than 2,500 resumes either with or without photos of the applicant, economics researchers Bradley Ruffle at Ben-Gurion University and Ze'ev Shtudiner at Ariel University Centre sought to answer the question of whether being good looking could help you find a job. The answer surprised them: Not if you’re a woman. Pretty women faced an uphill struggle to get a chance at a job.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Ford Is Under Criminal Investigation for Emissions-Testing Program

Ford Is Under Criminal Investigation for Emissions-Testing Program

The U.S. Department of Justice has opened a criminal investigation into concerns about Ford’s emissions certification process. The automaker announced that the investigation involves anomalies in Ford’s emissions testing process that the company disclosed earlier this year. “Our investigation continues into how Ford estimates road load as part of the U.S. fuel economy and emissions certification process,” Kim Pittel, Ford group vice president for sustainability, environment, and safety engineering, said in a statement in response to written questions from CR submitted by email Friday morning.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Epic Removed A Popular Fortnite Mechanic Because It Made People Play Less

Epic Removed A Popular Fortnite Mechanic Because It Made People Play Less

Epic has finally addressed Fortnite’s controversial 8.20 patch, which removed a popular mechanic from the main game by which players would get health and shields when they eliminated opponents. According to Epic, the mechanic, called “siphoning,” made players avoid the main battle royale mode.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

The gig economy is distorting U.S. data on inflation, wages and job growth

The gig economy is distorting U.S. data on inflation, wages and job growth

Online shopping and the gig economy haven't just disrupted traditional brick-and-mortar business, they're disrupting the way U.S. job growth, wage data and inflation are tracked, asserts a new paper from the Dallas Federal Reserve. What it means: There has been an increase in the number of workers in the gig economy who are either working as contractors or are self-employed, but report themselves as employed. These workers often have less bargaining power and lower wages than full-time employees.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Coffee waste ‘could replace palm oil’

Coffee waste 'could replace palm oil'

Two Scottish entrepreneurs are aiming to go global with their hope to replace palm oil using coffee waste. Scott Kennedy and Fergus Moore said they came up with a unique way to extract oil from used coffee grounds which had a wide range of uses. Palm oil is found in many household products, but environmentalists say demand for it is devastating rainforests in Asia.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

iPhone gaining US marketshare, slipping in China & Europe, say March-quarter numbers

iPhone gaining US marketshare, slipping in China & Europe, say March-quarter numbers

U.S. iPhone share rose 6.5 percentage points year-over-year to 45.5 percent, Kantar said on Tuesday. European share fell 2 points to 20.1 percent, while China slipped 0.4 points to 21.7 percent. Apple's strong U.S. performance was credited to the iPhone XR, said to have accounted for over 1 in 10 of every smartphone sold in the country. It also propped up Apple's European sales, for instance topping all smartphones in Great Britain. In Europe as a whole the iPhone XR outsold the iPhone XS and iPhone XS Max combined.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite