- Former employees file class action against Wells Fargo
- Sat, 24 Sep 2016 15:02:04 -0400 -
Two former Wells Fargo & Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. The lawsuit on behalf of people who worked for Wells Fargo in California over the past 10 years, including current employees, focuses on those who followed the rules and were penalized for not meeting sales quotas. "Wells Fargo fired or demoted employees who failed to meet unrealistic quotas while at the same time providing promotions to employees who met these quotas by opening fraudulent accounts," the lawsuit filed on Thursday in California Superior Court in Los Angeles County said.
- Snapchat to offer camera-equipped sunglasses in first hardware push
- Sat, 24 Sep 2016 16:00:01 -0400 -
NEW YORK (Reuters) - Snap Inc, the newly renamed parent company of messaging app Snapchat, plans to start selling camera-equipped sunglasses starting this fall, Chief Executive Evan Spiegel told the Wall Street Journal in an interview. The sunglasses, dubbed Spectacles, will be sold via limited distribution for about $130, said Spiegel, who described the device as a toy. The first hardware to be sold by Snap, the sunglasses will record video from the user's perspective in 10-second increments that can be synched with his or her smart-phone. ...
- Takata failed to report 2003 air bag rupture to U.S. road authority
- Sat, 24 Sep 2016 04:11:32 -0400 -
By David Shepardson and Paul Lienert WASHINGTON/TOKYO (Reuters) - Japanese air bag supplier Takata Corp said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its air bag inflators in Switzerland, according to an internal Takata report released by U.S. regulators on Friday. Takata also said in the report that its U.S. arm, not the parent company, was largely responsible for designing, testing and producing tens of millions of defective air bag inflators. The National Highway Traffic Safety Administration (NHTSA) released a series of reports into Takata's defective air bag inflators, which have been linked to at least 14 deaths and more than 100 injuries and sparked the largest-ever auto recall.
- Tencent to donate 2 percent of profit as Chinese online charity grows
- Sun, 25 Sep 2016 05:38:40 -0400 -
By Sijia Jiang HONG KONG (Reuters) - Chinese billionaire Pony Ma Huateng, the founder of internet group Tencent, on Friday said his company would donate 2 percent of its annual profit to charity and flagged growth in the use of mobile internet in China's philanthropy sector. Ma's pledge follows China's introduction of new laws earlier this month that provided a legal framework for approved internet companies to raise and manage funds for charity. It also comes days after Facebook founder Mark Zuckerberg and his wife Priscilla Chan said they would donate more than $3 billion toward a plan to "cure, prevent or manage" all disease.
- European firms offer Britain scant support in divorce talks
- Sun, 25 Sep 2016 05:07:09 -0400 -
More than 20 European business associations and companies interviewed by Reuters say they back their governments' position that Britain's banking sector can only enjoy EU market access post-Brexit if the country still follows the bloc's rules. Britain wants a trade deal that gives London's financial district, known as the City, access to EU clients while allowing the government to restrict migration from the bloc - something at odds with the basic rules of the European Union. Senior lawmakers in the British government have said they expect European business groups to support their position because they need access to the financial services the City provides.
- U.S. presidential contest takes center stage for investors
- Fri, 23 Sep 2016 23:00:13 -0400 -
Who becomes the next U.S. president will be a primary focus for Wall Street next week and beyond, starting on Monday with the first debate between candidates Hillary Clinton and Donald Trump. While the White House race has so far had little discernible effect on the market, that may soon change as polls show a tightening race. Clinton's once-comfortable lead in opinion polls has evaporated, and with just over six weeks until Election Day, some investors see a toss-up contest creating volatility in certain sectors, including health insurers, drugmakers and industrials.
- Fed's internal split tied to dueling views on jobs outlook
- Fri, 23 Sep 2016 15:02:32 -0400 -
The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest. When the Fed earlier this week decided to stand pat on rates, Fed Chair Janet Yellen said she felt the labor market had more room to run before it could overheat. On Friday one of the dissenters, Boston Fed chief Eric Rosengren, explained that his vote turned on his view that sharply falling unemployment could create a spike in inflation and actually trigger a recession.
- China's Dalian Wanda opens $5.1 billion tourism park
- Sat, 24 Sep 2016 06:23:37 -0400 -
By Alexandra Harney SHANGHAI (Reuters) - Dalian Wanda Group, the Chinese entertainment giant owned by the country's richest man, opened the first phase of a sprawling 34 billion yuan ($5.1 billion) tourism park in the eastern city of Hefei on Saturday. Wanda is building similar projects around the country, betting that China's rising incomes will drive more domestic tourism. In an interview with Reuters last month, chairman Wang Jianlin said that Wanda would look to build at least 20 such complexes in China.
- Canada Unifor union sets tentative strike deadline for Fiat Chrysler
- Sat, 24 Sep 2016 15:26:04 -0400 -
By Ethan Lou TORONTO (Reuters) - Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV , the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co . Unifor, which represents close to 10,000 Fiat Chrysler workers in Canada, said in a statement the strike deadline of 11:59 p.m. will stand if talks with Fiat Chrysler begin "immediately" after the union ratifies its contract with General Motors Co on Sunday.
- Target shakes up online leadership with eye on rivals
- Fri, 23 Sep 2016 21:20:59 -0400 -
By Nandita Bose CHICAGO (Reuters) - Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc . Target said Jason Goldberger, who had been with the company for four years, will leave immediately.
- 2017 North American Car, Truck and Utility Vehicle of the Year Award semifinalists announced
- Sun, 25 Sep 2016 01:03:41 -0400 -
These cars, trucks and SUVs are one step closer to winning one of the auto industry's most coveted awards.
- Snapchat Spectacles, glasses with a camera, coming this fall
- Sat, 24 Sep 2016 22:21:41 -0400 -
Snapchat gets a new name, Snap Inc., and will soon release camera-equipped glasses that shoot first-person video.
- Oculus founder Palmer Luckey's role in Clinton smear group remains murky
- Sat, 24 Sep 2016 17:07:13 -0400 -
VR's boy genius funneled money toward a shady pro-Trump charity. But he disagrees with The Daily Beast about what he did -- or didn't -- say.
- 'The Simpsons' pays tribute to 'Adventure Time' in couch gag
- Sat, 24 Sep 2016 15:18:52 -0400 -
Bart, Homer, Lisa, Maggie, Mr. Burns and even Santa's Little Helper are reimagined as "Adventure Time" characters in the Season 28 premiere of "The Simpsons."
- Facebook or Twitter for the presidential debate? You want to agree or argue?
- Sat, 24 Sep 2016 12:13:44 -0400 -
The debates will be the same on both social networks, but the comments? Not so much.
- Which smart bulbs should you use with Alexa?
- Sat, 24 Sep 2016 08:00:13 -0400 -
Amazon's voice-activated virtual assistant can control a growing number of smart lights. If you're wondering which ones are the best fit for your home, we're here to help.
- Trim your wireless bill -- skip that phone upgrade
- Sat, 24 Sep 2016 08:00:10 -0400 -
In this edition of Ask Maggie, CNET's Marguerite Reardon explains why wireless customers should resist the temptation to get a new phone every two years.
- Possible Snapchat glasses with camera emerge in leaked video
- Fri, 23 Sep 2016 22:45:17 -0400 -
Snapchat was recruiting hardware experts earlier this year. Could they be at work on the camera-equipped glasses shown in this leaked footage?
- Welcome to the club, Yahoo: 10 other massive hacks
- Fri, 23 Sep 2016 19:44:02 -0400 -
With hacking tools outpacing cybersecurity developments, breaches have become more common.
- Yahoo already hit with lawsuits over hack
- Fri, 23 Sep 2016 19:43:46 -0400 -
Yahoo users are fighting back after what's being called the biggest data breach in history.
- Polyester pants dampen rats' sex appeal: Ig Nobel prizes honor weird research
- Fri, 23 Sep 2016 19:21:27 -0400 -
This year's awards celebrate goofy scientific studies involving itches and rocks with personalities. There's even a dig at the Volkswagen scandal.
- It'll grow on you: Check out America's best facial hair
- Fri, 23 Sep 2016 19:07:36 -0400 -
From the exotic to the elegant, these guys were a big hairy deal at the National Beard and Moustache Championships.
- Hackers post image of Michelle Obama's passport
- Fri, 23 Sep 2016 18:51:21 -0400 -
Breach of White House contractor's email apparently reveals schedules, whereabouts of first lady, VP Joe Biden and presidential nominee Hillary Clinton.
- Confirmed: Fruit Ninja game will be blended into a big-screen film
- Fri, 23 Sep 2016 18:10:13 -0400 -
Move over, Angry Birds. The juicy mobile-game app will soon be coming to a theater near you.
- New Google Wi-Fi router may share stage with Pixel phone Oct. 4
- Fri, 23 Sep 2016 18:05:40 -0400 -
Called Google Wifi, the device is expected to cost $129, according to a new report.
- Twitter buyout rumors hint at Google, Salesforce interest
- Fri, 23 Sep 2016 17:42:49 -0400 -
Big names surface as rumors around a potential Twitter sale swirl. A formal bid may even be in the works.
- SpaceX zeroes in on cause of spectacular rocket explosion
- Fri, 23 Sep 2016 17:40:00 -0400 -
Elon Musk's space company posts preliminary results of its investigation into an "anomaly" that led to the loss of a Falcon 9 rocket and Amos-6 satellite.
- Eric Trump says millennials admire his dad because he's like Zuckerberg
- Fri, 23 Sep 2016 17:17:10 -0400 -
Technically Incorrect: The Republican nominee's son insists that his dad has come from nothing and built something.
- G2 Crowd: Crowdsourced software reviews lead to enterprise insights
- Fri, 23 Sep 2016 16:45:00 -0400 -
G2 Crowd collects crowdsourced enterprise software reviews, and uses its data to produce analyst reports. Find out the highest-ranking security, storage, and software of 2016, according to G2 Crowd.
- Is Kia's 200-hp Soul heading to the US?
- Fri, 23 Sep 2016 16:33:52 -0400 -
The answer is a very strong "probably."
- Lindsey Stirling's sterling YouTube career
- Fri, 23 Sep 2016 16:29:42 -0400 -
From CNET Magazine: The violinist, dancer and composer is blurring the line between internet and mainstream fame, one video at a time.
- The 404 Show 1677: The iPhone's headphone jack vs. lightning port, Italy, Palmer Luckey (podcast)
- Fri, 23 Sep 2016 16:17:42 -0400 -
Steve Guttenberg has done the legwork and has declared a winner in the battle of the iPhone's headphone jack versus the lightning port. Which one sounds better? We'll also talk about Jeff's Italian vacation, what the hell is up with Palmer Luckey and much more.
- UPS tests time-sensitive deliveries by drone
- Fri, 23 Sep 2016 16:11:57 -0400 -
The company has teamed with drone maker CyPhy Works to explore making quick deliveries in places that are difficult to access.
- VW releases some sketchy pictures of its 300-mile Parisian EV concept
- Fri, 23 Sep 2016 16:01:15 -0400 -
Sliding rear doors on a hatchback? OK, you've got my attention.
- Play a VR video game on this real roller coaster
- Fri, 23 Sep 2016 15:49:23 -0400 -
Regular roller coaster rides not intense enough for you? Try playing a video game inside a VR headset as you ride this train at Six Flags Discovery Kingdom.
- Star Wars fan film humanizes the Stormtroopers
- Fri, 23 Sep 2016 15:36:12 -0400 -
The heartbreaking Star Wars fan film "Jakku: First Wave" goes behind the helmets as three Stormtroopers prepare to join a hopeless battle.
- Want to sell your iPhone 6? Do it now.
- Fri, 23 Sep 2016 15:25:03 -0400 -
eBay statistics show that sales of older iPhones spike after a new version is released. But selling prices drop quickly.
- T-Mobile outage? Customers wouldn't know the difference, says Verizon
- Fri, 23 Sep 2016 15:21:36 -0400 -
Technically Incorrect: In response to reports of a nationwide outage at T-Mobile, Verizon is withering in its criticism of its competitor.
- Japanese antitrust regulators weigh action against Apple, carriers
- Fri, 23 Sep 2016 15:01:09 -0400 -
Japan's Fair Trade Commission is eyeing Apple's iPhone supply agreements with the wireless carriers it works with there, according to Reuters.
- Meet the man working with NASA on a real-life tractor beam
- Fri, 23 Sep 2016 14:59:45 -0400 -
In a New York lab, tractor beams are real -- and becoming powerful enough to be a tool for space exploration.