Companies

Two giant American corporations got some bad news from the European Union today. Amazon was ordered to repay several hundred million dollars in back taxes. And the EU  stepped up its campaign to extract billions in allegedly unpaid tax from Apple. Click the audio player above to hear the full story.

What do we do now? This is one of many questions being asked by hotels, restaurants, festival organizers and anybody responsible for places people gather. Security at large events and in heavy traffic areas is already tougher than it used to be, with methods to limit the risks of active shooters, cars ramming into crowds […]

This week, Facebook handed over 3,000 Russian-linked ads to congressional investigators. The ads give just a glimpse into the scope of Russian meddling in the presidential election. Facebook has characterized the ads as appearing to amplify racial and social divisions. Now The Washington Post has a story about how Russian operatives used a sophisticated Facebook advertising tool […]

The former CEO of Equifax will spend much of this week testifying on Capitol Hill. Richard Smith is scheduled to appear before no less than four congressional committees, over three days. Lawmakers will be asking lots of questions about the massive data breach at Equifax. Less clear is what happens next.  Click the audio player […]

Uber co-founder Travis Kalanick has been stripped of his position as CEO, but he still retains enough power at the ride-sharing company to make things difficult for the new CEO.  It’s a common problem at tech companies, where voting shares are often concentrated in the hands of founders and early investors.   Click the audio player […]

The Trump Administration plans to ask Congress for around $13 billion in new aid for Puerto Rico, according to news reports. The president is expected to visit tomorrow. Large parts of the island are still without electricity and clean drinking water after Hurricane Maria made landfall nearly two weeks ago. Yesterday, FEMA’s administrator pointedly defended […]

Pressure is mounting on Facebook, and now Twitter, to take action over ads bought or accounts created to apparently breed divisiveness or exert influence over the American public. While the companies are staving off political outcries with promises of self-regulation, they’re also increasing lobbying and policy efforts. Click the audio player above to hear the […]

The interim CEO of Equifax penned an apology this week in the pages of the Wall Street Journal. He apologized for the company’s data breach and extended a consolation: free credit freezes for any affected consumers. How effective are credit freezes? Click the audio player above to hear the full story.