Yesenia Barrios

Amazon stuns analysts with report of exponential revenue growth
Business

Amazon stuns analysts with report of exponential revenue growth

Amazon.com Inc. released its first quarterly report of 2018 and disclosed that it now has $51 billion in revenue and a $1.6 billion net income. These results left many stunned. Analysts predicted the company’s revenue would shrink, but instead, it nearly tripled last year’s same quarterly results and more than doubled net income. Wall Street…

Facebook faces federal scrutiny over Cambridge Analytica scandal
Business

Facebook faces federal scrutiny over Cambridge Analytica scandal

British news platform Channel 4 broke a story about the way Cambridge Analytica used data analysis to advertise to targeted groups of people to gain electoral success in political elections all around the world. Shortly after the investigation broke on Channel 4, an ex-employee of Cambridge Analytica, Christopher Wylie, revealed to The New York Times…

Puerto Rico seeks aid from US to avoid government shutdown
Business

Puerto Rico seeks aid from US to avoid government shutdown

The many problems afflicting Puerto Rico are worsening every day, with the principal issue being the shortage of electricity. Vox reports that by the time Maria hit the island, approximately 60,000 people were already without power. Maria left most of Puerto Rico without electricity, which means that a large number of people have been living…

Business

Uber selects Khosrowshahi as new CEO to repair company’s image

Following a scandalous period that lasted for months, Uber has finally chosen the company’s new CEO, Dara Khosrowshahi. There were three finalists being considered for the CEO position, but Uber’s board of directors selected Khosrowshahi as the most able to improve public perception of the company’s image. Khosrowshahi, 48, migrated from Iran when he was…