Tag: Business

Google buys neural network city guide creator Jetpac

Artificial intelligence-based method of creating guides to cities using public photos appealed to Google’s drive for building smart systems. Google is buying Jetpac, a “city guides” company with a twist which used image recognition and neural network technology to recommend places it deemed the happiest, most popular or with the best views and scenic hikes.…

Microsoft To Cut 18,000 Jobs, About 14% Of Its Staff

CEO Satya Nadella says in an email to employees that it was a “difficult” decision, but says changes will lead to “more productive, impactful teams across Microsoft.” A week after writing a 3,100 word company-wide memo on Microsoft’s “bold ambition and our core focus,” the company’s chief executive officer wrote another, shorter memo to his…

Fast-moving fire burns at 3,800 acres in California’s Napa County

A brushfire in California’s Napa County has spread more than 3,800 acres Wednesday after sparking Tuesday afternoon, officials said. More than 1,000 firefighters are battling the blaze, which is 30 percent contained. Fire officials said it isn’t currently threatening any major vineyards, but nearly 200 homes have been evacuated. Photo: A Cal Fire helicopter makes…

Whole Foods stores penalized for overcharging customers

Whole Foods will pay about $800,000 in penalties and fees after a judge found that stores were overcharging customers in Southern California. The case concerns stores in San Diego, Santa Monica and Los Angeles. The lawsuit accused the chain of charging more at the time of checkout, compared to what was advertised in the store,…

VIDEO shows aftermath of plane shot down in Ukraine

Watch the vIDEO that shows aftermath of plane shot down in Ukraine: Ukraine’s new president declared Sunday a day of mourning and vowed to punish those responsible after pro-Russia separatists shot down a Ukrainian military transport plane, killing all 49 crew and troops aboard. Video from The Associated Press shows the scene of the crash…

Google In Talks To Buy Streaming Video Gaming Site Twitch

Google is rumoured to be in talks over a $1bn (£593m) deal for the video game-streaming service Twitch. The fast-growing service allows gamers to broadcast their play live so that others can watch. It is being reported that Google-owned YouTube has beaten off competition from Microsoft to reach an agreement. Google is refusing to comment,…

Phoenix VA officials on leave over allegations of delays in care

Three officials at the veterans hospital in Phoenix were placed on leave amid allegations that patients may have died because of delays in care. Veterans Affairs Secretary Eric K. Shinseki said the officials include Phoenix Veterans Health Care Center director Sharon Helman and associate Lance Robinson. Officials are investigating allegations that up to 40 patients…

US State Department delays review of Keystone pipeline

The U.S. State Department says it is giving federal agencies more time to review the Keystone XL pipeline before deciding whether to issue a permit. The review could push the decision about the controversial pipeline until after midterm elections in November. AP

MLB Commissioner Selig To Retire In January 2015

Major League Baseball Commissioner Bud Selig will retire from his position in January 2015, he announced Thursday. Selig, 79, says he will announce a transition plan, including a reorganization of central baseball management, shortly. Selig took over as acting commissioner in September 1992 and was formally elected in July 1998. AP

NASA Aborts Spacewalk Over Dangerous Water Leak

NASA has aborted a spacewalk at the International Space Station because of a dangerous water leak in an astronaut’s helmet. Italy’s first spacewalker, Luca Parmitano, reported that he felt a lot of water on the back of his head barely an hour into Tuesday’s spacewalk. The leak was so bad that he needed help from…

Nigella Lawson’s Husband Announces Divorce Via Newspaper

Because he says his wife is no longer speaking to him, multimillionaire Charles Saatchi informed celebrity chef Nigella Lawson in a statement to the Daily Mail that he has begun divorce proceedings. Tension between the pair hit the tabloids after Saatchi was photographed with his hand around her neck in mid-June. Lawson and her children…

Google Launches Balloons In Goal To Provide Internet World-Wide

Inflatable balloons believed to be capable of sharing Internet around the world were launched this week in New Zealand as part of Google’s Project Loon. The project, which began 18 months ago, is an attempt to share Internet with countries that lack fiber cables. The balloons are powered by solar panels are moved via prevailing…

Former IRS Commissioner To Testify On Capitol Hill

The Senate Finance Committee has launched an investigation into the improper targeting of Tea Party groups Lawmakers are getting their first chance to question the former head of the Internal Revenue Service, the man who ran the agency when agents were improperly targeting tea party groups. Some of the questions on Tuesday will be direct:…

Russian Tycoon Found Dead In UK Home

Russian tycoon Boris Berezovsky, 67, was found dead at his home in England on Saturday. Police are treating his death as unexplained and investigating further. Berezovsky, who at one time held significant political clout, fled Russia after a bitter falling out with Russian President Vladimir Putin. AP

Power Outages Big Fear As Storm Bears Down On DC

After pummeling the nation’s midsection with heavy snow, a late-winter storm made its way Wednesday to the nation’s capital, where residents braced for the possibility of power outages. As the storm closed in, the federal government said its offices in the Washington, D.C., area would be closed Wednesday. Many major school systems around Washington and…

Obama Signs Order To Begin $85B In Sequester Spending

President Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the “sequester” after he and congressional leaders failed to find an alternative budget plan. The President, after an Oval Office meeting with the lawmakers, called the cuts “just dumb.” He said they would slow the economic recovery and…

Storm Promises Messy, Dangerous Commute In Midwest

A major snow storm that shuttered airports in Missouri, stranded truckers in Illinois and buried parts of Kansas in knee-deep powder was promising a messy and possibly dangerous commute Friday morning as it crawled northeast. Wind gusts of 30 mph were expected to churn-up snow that fell overnight in southern Wisconsin, where forecasters were warning…

December Payroll Employment Rises (+155,000); Unemployment Rate Unchanged (7.8%)

December payroll employment rises (+155,000); unemployment rate unchanged (7.8%) …. Establishment Survey Data Total nonfarm payroll employment increased by 155,000 in December. In 2012, employment growth averaged 153,000 per month, the same as the average monthly gain for 2011. In December, employment increased in health care, food services and drinking places, construction, and manufacturing. (See…

Depardieu, In Tax Fight, Gets Russian Citizenship

Bad news if you want to be adopted by an American couple, Gerard. Russian president Vladimir Putin announced Thursday that actor Gerard Depardieu had been given Russian citizenship. The actor moved to Belgium in December to avoid paying France’s high tax rates, which almost went up to 75 percent for the country’s richest citizens. ITV