James Covert
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The Archive
Amazon introduces next major job killer to face Americans
December 5, 2016 | 9:59pmAmazon on Monday unveiled the latest plan to automate American workers out of existence — a futuristic grocery store without any cashiers. High-tech sensors and artificial intelligence are allowing shoppers...
You're probably not getting an Apple Watch for the holidays
December 5, 2016 | 9:20pmHere’s another annoying Apple Watch notification for Chief Executive Tim Cook: Sales just plunged 71 percent. Demand for Apple’s flopped wrist gadget continues to tank, with just 1.1 million units...
Amazon's new grocery store won't have any checkout lines
December 5, 2016 | 2:55pmhttps://www.youtube.com/watch?v=NrmMk1Myrxc Amazon has unveiled its vision for grocery stores — and it doesn’t include cashiers. Or checkout lines. The web-retailing giant is opening a high-tech convenience store near its Seattle...
Fitbit closes in on acquiring smartwatch maker Pebble
December 2, 2016 | 12:43amFitbit is close to acquiring Pebble, the pioneering smartwatch maker that lately has run into cash problems, according to sources close to the talks. Fitbit — whose fitness trackers have...
GoPro slashes 200 jobs, closes entertainment unit
November 30, 2016 | 3:30pmGoPro is slashing 15 percent of its workforce and shuttering its entertainment division as it scrambles to stem losses. The action-camera maker said Wednesday that 200 of its 1,700 workers...
Food delivery service to offer couriers medical coverage
November 30, 2016 | 1:12amIt’s about time your burrito delivery guy got some health insurance and stock options. Homer Logistics — a third-party delivery service for Manhattan eateries like Dos Toros, Chop’t and Pinkberry...
This startup promises to deliver vitamins with no scams attached
November 25, 2016 | 9:46pmA New York startup promises it will deliver a healthy dose of “honesty” and “transparency” to the $36 billion US vitamin and supplement business. The industry has weathered a slew...
Consumer Reports trashes Tesla's 'flawed' Model X
November 25, 2016 | 9:43pmLooks like Tesla’s love affair with Consumer Reports is history. The magazine’s review this week of Tesla’s Model X panned the all-electric SUV as a “flawed” vehicle, blasting its “complexity,...
Twitter CEO gets his own account suspended
November 23, 2016 | 9:57amTwitter boss Jack Dorsey briefly got booted from his own social network — and the chief executive insists he wasn’t hacked. “Just setting up my twttr … again,” Dorsey tweeted...
Ashton Kutcher’s firm leads $2.7M investment in Apptopia
November 22, 2016 | 12:19amAshton Kutcher’s tech-investment firm Sound Ventures has led a $2.7 million funding round for Apptopia, the intelligence firm. Billionaire Mark Cuban, who also participated in the round, doubled down on...
Snapchat pop-up store pushes new video glasses
November 21, 2016 | 6:03pmHere’s one retail “spectacle” that Apple won’t be happy about. Snapchat’s parent company opened a surprise pop-up store on Monday that sells its new video-shooting Spectacles — right next door...
St. Louis Fed head is confident Trump will not interfere
November 21, 2016 | 3:47amA top monetary policy-maker has a thinly veiled message for Donald Trump: Keep your paws off the Fed. James Bullard, president of the St. Louis Federal Reserve, said this weekend...
Facebook accounting boss retiring, company announces stock buyback
November 18, 2016 | 10:20pmFacebook said on Friday its accounting chief is leaving the company and that it will undertake its first-ever stock buyback program, worth $6 billion. Chief Accounting Officer Jas Athwal —...
DraftKings and FanDuel announce merger
November 18, 2016 | 11:09amFanDuel and DraftKings hope to be playing on the same team soon — and they’re both struggling to stay off the injured list. The two dominant daily-fantasy sports sites, which...
Elon Musk gets green light to merge Tesla and SolarCity
November 18, 2016 | 1:01amShareholders approved Elon Musk’s plan to merge Tesla Motors and SolarCity as the billionaire outlined plans for a new line of solar roofing tiles. The $2.1 billion, all-stock deal —...
Chess aficionado says Russian hackers are targeting him
November 17, 2016 | 11:17pmNever mind the Sicilian defense — chess champ Magnus Carlsen needs a defense against Russian hackers. The world’s No. 1-ranked chess player has tapped Microsoft to protect data during his...
Twitter CEO apologizes for running white supremacist ad
November 17, 2016 | 5:55pmTwitter boss Jack Dorsey apologized on Thursday after the social network inadvertently allowed a white supremacist group to post an ad on his microblogging site. “We made a mistake here...
Facebook's ad metric problem is becoming Zuckerberg's headache
November 17, 2016 | 1:59amMark Zuckerberg has a credibility problem. The tech mogul’s Facebook just admitted to finding more “bugs” in the way it measures ads — and once again, those bugs benefited Facebook....
Twitter's critics don't hold back on 'mute' response to cyberbullying
November 16, 2016 | 1:00amTwitter unveiled new ways to curb cyberbullying on its platform — but the company is still getting taunted by critics. The struggling social network said Tuesday it will make it...
Google boss suggests Facebook has a 'fake news' problem
November 15, 2016 | 10:09pmIt looks as though Google boss Sundar Pichai disagrees with Mark Zuckerberg on the fake news issue. Asked Tuesday if faux news stories might have tipped the presidential election to...