Category Archives: Business

If you think an orange-faced, New York billionaire has the common peoples’ interests in mind I have some things I’d like to sell you.

Trump voter lost home, blames incoming Treasury secretary: When Donald Trump named his Treasury secretary, Teena Colebrook felt her heart sink. She had voted for the president-elect on the belief that he would knock the moneyed elites from their perch in Washington. And she knew Trump’s pick for Treasury — Steven Mnuchin — all too […]

FitPebbles

Pebble Supporters Are Pissed Over Rumors It Will Sell Itself: Pebble, the maker of the original e-ink smartwatch, has a lot of passionate and loyal customers, and those customers are pissed. Following the rumors that Pebble is about to crumble under the heel of Fitbit, the company’s many Kickstarter backers are in an uproar. As […]

The wires have been cut.

The New York Times is buying The Wirecutter for $30 million: The New York Times is buying The Wirecutter, a five-year-old online consumer guide. The Times will pay more than $30 million, including retention bonuses and other payouts, for the startup, according to people familiar with the transaction. Brian Lam, a former editor at Gawker […]

Home Field Advantage

ProPublica set out to see how Amazon’s software was shaping the marketplace: We looked at 250 frequently purchased products over several weeks to see which ones were selected for the most prominent placement on Amazon’s virtual shelves — the so-called “buy box” that pops up first as a suggested purchase. About three-quarters of the time, […]

“They all got addicted to crack.”

The Netflix Backlash: Why Hollywood Fears a Content Monopoly: Still, at a time when business is tough all over in the entertainment industry, there is a lot of gratitude for a deep-pocketed buyer that is snapping up an array of material, much of which might not find a home elsewhere. Netflix and its chief content […]

Microsoft Is Kicking Ass with Their Phones

It looks like Microsoft is kicking ass with their mobile phone division: Microsoft is cutting 2,850 more jobs beyond the 1,850 that the company announced would be eliminated earlier this year. The new cuts will hit phone hardware and sales. The entire computer world has moved to mobile, with everyone on either iOS or Android, […]

Hell Yes to Getting Lit on a Monday Night

Regular readers of Daily Exhaust know I’m not a fan of Microsoft. I feel this way for a lot of reasons. I think they’re always a day late and a dollar short with new products (see Windows Phone, Nokia, Microsoft Stores, etc), they historically have not valued design, and every attempt at being cool ends […]

Über-Average Income

Uber data reveals drivers earn less than $13.25 an hour: Uber is always droning on about how drivers are able to make money by driving their own vehicle, while having the freedom to choose their own schedules. A few years ago, Uber told The Wall Street Journal that a typical driver earns more than $100,000 […]

LinkedSoft

Last week news broke that Microsoft bought LinkedIn for $26.1 billion: For Microsoft, a big part of the deal is about being at the center of the business worker’s world. While it has ceded the personal social graph to Facebook and others, it sees being at the center of the worker’s world as too important […]

Microsoft Stores: Throw in the Towel

Microsoft tried to clone the Apple Store. It still hasn’t worked: Microsoft’s stores have a warm decor, plenty of helpful staffers and an array of PCs, phones and devices. They could use a few more customers, though. It’s hard to know exactly how the stores are doing since Microsoft won’t comment on either sales or […]

Healthy Competition

Uber enables global e-hailing through Alipay to fend against Lyft/Didi alliance: Now, riders will be able to pay for and hail a ride in the Alipay app in the more than 400 cities in which Uber operates. It’s an extension of Uber’s existing partnership with the company, which initially only allowed passengers in China to […]

Intel Not Inside

Ina Fried at Re/Code on Intel missing the mobile boat: After missing the early days of the smartphone revolution, Intel spent in excess of $10 billion over the last three years in an effort to get a foothold in mobile devices. Now, having gained little ground in phones and with the tablet market shrinking, Intel […]

Apple Can Do No Right

Over at The Wall Street Journal Daisuke Wakabayashi on Apple Watch first-year sales: Apple Inc. sold twice as many Watches as iPhones in each device’s debut year. Yet the smartwatch is dogged by a perception that seems premature given the history of Apple’s most popular devices: disappointment. As the Watch marks its first anniversary on […]