Business

GOP tax plan hurts small businesses and aids big corporations
Business

GOP tax plan hurts small businesses and aids big corporations

Contrary to the promises Republicans have made to small business owners in the past, the GOP’s recently passed tax plan is not as beneficial to small businesses as was expected, with a majority of the plan only benefiting large corporations. The tax plan, which was passed through the U.S. House of Representatives and the Senate…

Creator of McAfee software offers thoughts on cryptocurrency
Business

Creator of McAfee software offers thoughts on cryptocurrency

Some, like bitcoin, differ from normal fiat currencies, or currencies backed by a government but without physical tender, because they are deflationary. This means that they become more valuable over time because of their finite supplies. They also have no physical component as they are solely digital. With cryptocurrency being a relatively new concept, concerns…

T-Mobile and Sprint merger could break anti-trust regulation
Business

T-Mobile and Sprint merger could break anti-trust regulation

On April 29, T-Mobile U.S. Inc. and Sprint Corp. announced plans for a merger that will combine the third- and fourth-largest wireless carriers in the United States and will be valued at approximately $27 billion, according to The Washington Post. The resulting company would take on T-Mobile’s name and the company’s current CEO, John Legere,…

Nintendo makes a CEO switch after impressive console sales
Business

Nintendo makes a CEO switch after impressive console sales

Nintendo’s current president, Tatsumi Kimishima, announced that he would hand over his role in June to a younger executive. The consumer electronics company is based in Kyoto, Japan. Kimishima was a former banker and took the position of CEO in 2015 after the death of then-CEO Satoru Iwata. Due to Kimishima’s age, flying frequently was…

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…

Google may face issues over its handling of users’ information
Business

Google may face issues over its handling of users’ information

Consumers use the internet for a majority of their daily routines, sometimes not giving a second thought about what personal information they are sharing with online businesses and service providers. As Facebook Inc.’s leaders are currently in the hot seat for leaking the data of 87 million users to Cambridge Analytica, the political consulting and…

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