Category: Hot Topics

Senators Eye Google’s Use of Temps and Contractors, Request Better Conditions and Benefits

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Could a new effort by U.S. legislators change the game in terms of how big tech companies manage their labor forces?

U.S. lawmakers want to hold Google accountable for its labor practices.

A letter sent out July 25 takes aim at Google’s use of independent contractors and temp workers, of which the company employs over 120,000. That’s 19,000 more people than the company has on its roles as regular full-time employees.

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Musk Eyes China Expansion With ‘Boring’ Firm

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Elon Musk’s The Boring Company is anything but dull…

But many Americans haven’t heard of this Hyperloop-related play on transportation. That’s changing as The Boring Company grabs more attention in the transportation sector, partially by expanding its international ambitions.

Will tunnels become the new travel technology?

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Pinterest Stock Soars Thanks to Strong User Growth

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The company increased its guidance for the rest of the year. 

It’s been a good week for Pinterest investors. The company’s shares are up thanks to a strong earnings report. During the second quarter, Pinterest added more monthly users and beat revenue expectations. The company also raised its full-year guidance. 

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Alphabet Soars Past Apple as New Cash King

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Big cash holdings can often be a sign of corporate health, but they can also be a liability.

The Verge reports today that Google’s Alphabet company has now become “the most cash-rich company in the world” with $117 billion in reserves.

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Musk: New Video Options Coming to Tesla

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Elon Musk is at it again…

As the Tesla electric car design already enjoys many accolades related to charging, range, and other electric- car metrics, emerging news from Tesla head and serial innovator Elon Musk suggests we’ll see more infotainment advances in the near future.

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Amazon Prime Day Is Upon Us

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One of the year’s biggest shopping events has arrived…

After capturing enormous profits by pushing its Prime delivery service, e-commerce leviathan Amazon began Prime Day in 2015. And every year since then, it’s racked up tremendous sales in its very own Black Friday style extravaganza.

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Tesla Beats Delivery Record but Doubts Linger

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Tesla’s shares are up but investors are looking ahead to the company’s quarterly results.

Tesla’s shares were up on Wednesday after the company revealed that it delivered 92,500 cars during the last quarter. This beat the company’s record of 90,700 deliveries, which it reached in the final quarter of 2018.

Tesla’s shares were up 7% in premarket trading and investors are cautiously optimistic. In a note to investors, USB wrote that the spike in deliveries doesn’t change the company’s “cautious view on Q2 earnings.”

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