Edan Habel

41 Flips | 1 Magazine | @EdanHabel2014 | Keep up with Edan Habel on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Edan Habel”

Why Nike Is (Probably) Killing Off The FuelBand

Why wait for Apple to kill a bad product when you can team up instead?<p>On Friday, CNET reported that Nike is planning to layoff as much as 80% of the company’s Digital Sport division, the team behind the Nike FuelBand. For its part, Nike is denying the scope of layoffs, but the wording of the …

Google inks a 407 MW wind energy deal with MidAmerican Energy for its Iowa data center

If it feels like a lot of major corporations are going green, it could have something to do with today being Earth Day and of course Google is joining in on the eco-friendly festivities. Sure, the company is fighting poachers and helping nonprofit organizations, but what about its own backyard? …

Norman Foster On Designing Apple’s $5 Billion “Spaceship” Campus

Take a peek inside the development of Apple’s new spaceship headquarters in this newly released video.<p>Apple is building an amazing new campus with Norman Foster that is estimated to cost $5 billion–a billion dollars more than the new World Trade Center complex. That is due to an Apple-like …

Fast Food CEOs Make 1,000 Times More Than Their Typical Workers: Report

David Novak, the CEO of YUM! Brands, which owns Taco Bell and KFC, took home more than $22 million last year after exercising stock options, according to proxy statements. The average full-time fast-food worker, by comparison, would have made about $19,000 on the year.<p>Novak, in other words, raked …

Airbnb Vs. New York City Hearing Ends Without Judge's Ruling

The judge reserved his decision and will issue his ruling sometime in the future, according to the court clerk's office.<p>Read more here.

Here's The Starbucks Map Of America

Morgan Stanley is out with its latest retail "Atlas" which shows the breakdown of various retailers by geography.<p>Here's the one for Starbucks:<p>As you can see, Starbucks are absolutely everywhere. California has 2468. The state with the fewest is Vermont, which just has four.<p>To really get something …

Are Apple's halcyon growth days over?

April 22, 2014 | 4:56 PM<p>Embed Code<iframe src="https://www.marketplace.org/2014/04/22/tech/are-apples-halcyon-growth-days-over/popout" frameborder="0" width="100%" height="240px"></iframe><p>Copy<br>• Close<p>Embed Code<iframe …

Software Is Dominating Venture Capital Investments In 2014

Just over $4B was invested in software deals by venture capitalists (VCs) during Q1, 2014, four times as much as biotechnology.<p>Software deals netted out 42% of all dollars invested in the first quarter, with biotechnology receiving 11%. VCs invested $816M in IT Services or 9% of all dollars, making …

Miscreant IRS Employees Get Bonuses

Should Internal Revenue Service employees who get in trouble with the tax collector be eligible for bonuses?<p>“Providing awards to employees with conduct issues, especially those who fail to pay Federal taxes, appears to create a conflict with the IRS’s charge of ensuring the integrity of the system …

Procter & Gamble Profit Rises On 6% Boost In Home Care Products

Consumer goods giant Procter & Gamble is known for household products like Tide, Duracell and Swiffer, and on Wednesday morning P&G revealed just how valuable these brands are. The company reported a 5% increase in core profit for its third fiscal quarter of 2014, a boost that is largely …

The World's Most Tech-Ready Countries 2014

The latest Global Information Technology Report demonstrates that infrastructure is only half of the battle in creating a networked nation.<p>With 90 percent of its population online, high levels of technological innovation and the concerted efforts of governments business and individuals investing in …

Cheap Smartphones Will Create A New Breed Of Innovation

To move these consumers onto smartphones, more manufacturers than ever before will be offering smartphones at bargain basement prices. Recently, came news of Mozilla's upcoming $25 smartphone, adding to a flurry of new devices priced well below flagship phones from Apple and Samsung.<p>The race to …

Mobile

How eBay Regained Its Edge By Predicting The Future

When the auction and marketplace that once led the online shopping charge started to fall behind, eBay started looking for the next big thing: including recording what you look at, touch, and take into a dressing room.<p>Nearly two decades ago, eBay changed the way America shopped.<p>Leveraging the …

General Electric 'in talks to buy Alstom for $13bn'

GE reportedly has the backing of Alstom shareholder Bouygues<p>General Electric is in talks to buy French train maker Alstom for about $13bn (£7.75bn), according to reports.<p>GE, the US manufacturer of jet engines, has the backing of Alstom shareholder Bouygues, which owns around 29pc of Alstom, …

Costly Hepatitis C Pill Shreds Drug Industry Sales Record

The launch of Sovaldi, the $1,000-a-day pill for hepatitis C, is shaping up as the most successful ever.<p>The Food and Drug Administration approved the pill in December. And then Gilead Sciences was off to the races. The company said it sold $2.27 billion worth of Sovaldi in the quarter that ended …

5 dividend stocks with yields of up to 10%

Do you want income from your investments — to pay the mortgage, medical bills, maybe a vacation?<p>It seems that every story you read about these days …

Investing

Weak Household Formation Continues To Weigh On The Housing Market

Housing remains a weak spot in what otherwise looks like a fairly broad improvement across the US economy. The new home sales report today for example came in materially below expectations.<p>Signs of this soft patch in housing were already visible over a month ago when lumber futures experienced a …

Most tech companies go on hiring binges, but Netflix stays lean

For the first years of their existence, tech companies tend to be tiny. The recently acquired WhatsApp had only 55 employees when Facebook bought it for $19 billion. Facebook only passed 1,000 employees in 2009. But once they start to hire, as has happened in the past few years, these companies get …

Employment

iPad Numbers from Apple’s Q2 Results Reporting

Apple held their 2014 Q2 financial results call yesterday afternoon. During the call they announced iPad sales numbers which were down compared to the same quarter last year. The number of iPads sold in the second quarter was 16.3 million (down from 19.5 million in Q2 of 2013).<p>Here are some more …

Marlboro maker Altria 1Q profit falls

RICHMOND, Va. (AP) — Altria Group Inc.'s first-quarter profit dropped 15 percent as the Marlboro maker sold fewer cigarettes and its year-ago results …

Here's How Much Money Big Tech Companies Make In Just One Second

We all know the major tech companies have a ton of money. But just how much money do these companies bring in every day? How about every second?<p>WorldPayZinc is a website that visualizes this data, showing how their profits grow over time.<p>The above image shows how much they make in one second. In …

Mitsubishi to pay first dividend in 16 years | Financial Times

Mitsubishi Motors recorded its highest-ever profits last year as a weaker Japanese yen swelled earnings at the resurgent carmaker.<p>Japan’s …

Automotive Industry

Amazon Paid $300 Million For HBO's Old Shows

Amazon will shell out more than $300 million over the course of the three-year term, according to Re/Code's Peter Kafka.<p>The deal comes as part of Amazon's big push to beef up its Instant Video selection to entice more people to become Prime members for $99 a year. The company — which is also …

Canadian, World, Politics and Business News & Analysis

Business (Canada)