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WebMD Purchased By Internet Brands For $2.8 Billion
According to the 2017 IBBA Market Pulse Survey, retirement was the most common reason businesses were sold in the first quarter of the year. However, some offers really are just too good to refuse, and there have been a number of high-profile technology acquisitions so far this year. Amazon stands out for their purchase of…
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Cereal Company Giant General Mills Works With Supply Chain to Reduce Emissions By 28%
General Mills, famous for their popular cereal brands has created a plan to cut carbon emissions by 28% over the next decade in a continuing effort to become a more sustainable company. According to Fortune, General Mills will invest more than $100 million in efficient and clean energy. The company started efforts to reduce their emissions…
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Telehealth and Medical Marijuana: A Match Made in Cyberspace
California’s Telehealth Advancement Act was signed into law in 2011, but the effects it’s having on the medical marijuana industry are just now beginning to show, according to Fresno’s The Business Journal. Mark Hadfield is the CEO and founder of HelloMD, a telehealth provider in San Francisco, and has seen first-hand how this piece of legislation…
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Why Higher Federal-Subsidized Student Loans Are Actually Bad News for College Students
The student loan crisis has hit a boiling point — as the U.S. reaches nearly $68 billion worth of student loan debt, even Congress realizes that the student loan crisis needs to be addressed. But has the government actually been making the situation worse by providing subsidized loans to students? According to a new paper…
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Apple Pay Launches in the U.K., But Do Consumers Actually Want It?
After HSBC accidentally sent out a Tweet stating that Apple Pay would be launching in the U.K., consumers have been waiting with bated breath — and finally, the newest digital payment service made its way across the Pond and officially launched on July 13. According to reports from TechCrunch, there are eight banks in the…
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May Sees a 2.2% Increase in New Home Sales
According to a June 23rd report from Forbes magazine, newly constructed single-family homes saw a 2.2% boost in sales in May, up from April. Sales are also 19.5% higher than they were at the same time last year, the report stated. In May of 2015, new single-family home sales reached 546,000, an annual seasonally adjusted…
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Google’s Driverless Lexus Hits Texas
Driving is risky business. Well, when humans are involved, at least. According to Rob Medford, Google’s director of safety, almost 90% of all accidents on the road are caused by human error. Because of these accidents, an estimated 30,000 people per year die; this is considered the leading cause of death for individuals between the…
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Payroll Provider ADP Sues Startup Zenefits Over Defamation
In what some commentators paint as a David vs. Goliath feud, payroll services provider ADP is suing recent startup Zenefits for “defamation” and the “intentional interference with prospective economic relations.” USA Today reports that last month, ADP filed a lawsuit against Zenefits after it accused the company of infringing on its services. ADP, one of…
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C7 Initiates Plans to Expand Its Utah Data Center
Bluffdale, UT-based data center operator C7 Data Centers recently announced the beginning of Phase 2 constructions at its flagship Granite Point II Utah data center. According to a May 22 Data Center Knowledge article, Phase 2 will add an additional 30,000 square feet to C7’s facility, and is projected to be completed by October 2015. Currently, the…
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Online Shopping Draws Consumers Into Stores
Although many logically suppose that online shopping drives traffic away from brick and mortar stores, a new study finds that the exact opposite is happening. According to a United Parcel Service and comScore survey of about 5,100 U.S. consumers, released on June 3, about one-third of shoppers prefer having items delivered to a location other…