Amazon scuttled its New York City project after talks to resolve the matter of labor organizing and to ease political opposition to subsidies failed to allay the company’s concerns.
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Technology
The Tech Whiz Behind Vine and HQ Trivia Made Millions in His 20s. He Was Dead by 34
Self-taught coder Colin Kroll shot to startup fame, allowing him to live life in a fast lane. Friends saw him as a gentle, endearingly awkward soul, but he also fought with colleagues, attracted negative press for his behavior at work and struggled wit…
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Investor Steve Jurvetson Talks About the Allegations That Derailed His Career
Venture capitalist Steve Jurvetson is back on the investment scene with a new fund, more than a year after he was hit with allegations that he mistreated women and left the firm he co-founded.
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Why Amazon’s New York U-Turn Is Good for America’s Tech Economy
Amazon.com’s abandoned plans for a New York City headquarters may have prompted mixed reactions in the Big Apple, but for the rest of the country, it’s good news.
Read moreUber Sales Growth Slows Further as IPO Nears
Uber Technologies, as it steers toward a planned IPO later this year, reported its slowest sales growth since the company began disclosing detailed financials two years ago.
Read moreAmazon to New York: It’s Not Me, It’s You
The tech giant decided to cancel its plans for another headquarters in New York City after the locals showed it very little love. Amazon’s case offers states and cities across the U.S. a valuable lesson: If you hope to lure new businesses, make sure th…
Read moreAmazon’s Pivot Raises Scrutiny of Incentive Deals
The collapse of Amazon’s plan to build a second headquarters in New York City has the potential to damp some states’ willingness to offer tax breaks.
Read more‘Fortnite’ Effect: The Game Never Ends
Big videogame makers Electronic Arts, Activision Blizzard and Take-Two Interactive are learning that their blockbuster titles need staying power to capitalize on the games-as-a-service trend.
Read moreAmazon Invests in Electric-Car Maker Rivian
Amazon.com has climbed aboard the electric-vehicle bandwagon, leading a $700 million investment round for car-making startup Rivian Automotive.
Read moreHulu Ad Campaign Spells Out That Its Influencers Get Paid
Streaming service Hulu is adding an element of ’authenticity’ to its marketing with a campaign where endorsers reveal they are getting paid to be on air.
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