The business news thread

[Rewind]

Chance the Rapper has a valid argument here. Unfortunately, all the complaints on social media are just giving free publicity to Heineken. Who wants to tell Chance the Rapper to "lighten up"?

Chance the Rapper calls Heineken ad 'terribly racist'
Ad features a bartender sliding a bottle of Heineken past three black people to a fair-skinned woman.
The slogan 'Sometimes lighter is better' is displayed as she laughs with two white men.

https://mashable.com/2018/03/26/chan.../#UvbYtrg0ZZqN

http://www.dailymail.co.uk/news/arti...ly-racist.html

[Rewind]

As I write this, Google is down $47.15 (4.47%). Yikes!

Google could owe Oracle $8.8 billion in fight over Android and Java
Bloomberg, Mar 27 2018 1:00 PM

Google could owe Oracle billions of dollars for using Oracle-owned Java programming code in its Android operating system on mobile devices, an appeals court said today, as the years-long feud between the two software giants draws near a close. Google's use of Java shortcuts to develop Android went too far and was a violation of Oracle's copyrights, the US Court of Appeals for the Federal Circuit ruled. The case, first filed in 2010, was remanded to a federal court in California to determine how much the Alphabet Inc. unit should pay. Oracle had been seeking $8.8 billion, though that number could grow. Google expressed disappointment and said it's considering its next steps in the case. The dispute could have far-reaching implications for the entire software industry,

http://www.latimes.com/business/tech...327-story.html

[Rewind]

It will be difficult for the United States to engage in a trade war with China when so many Chinese companies are opening facilities in the United States!

Foxconn makes another big move in the US with Belkin deal
CNN, Mar 27, 2018 5:47 AM ET

Foxconn is investing more cash in the United States. The Taiwan-based electronics company best known for assembling iPhones for Apple is buying US company Belkin, which makes consumer electronics and smartphone accessories. Foxconn's Hong Kong-listed unit, Foxconn Interconnect Technology, announced the $866 million deal on Tuesday. It's the latest move by Foxconn to increase its presence in the United States. In early 2016, it completed the purchase of the fiber optic division of US microchip maker Avago Technologies. Foxcomm is expected to spend at least $9 billion building a plant in Wisconsin that will employ thousands of workers making screens for devices.

http://money.cnn.com/2018/03/27/tech...kin/index.html

[Rewind]

I wonder if Begor is one of the 143 million Americans whose social security number, driver license number and credit card numbers were stolen by hackers last year. Yeah, probably.

Equifax names former GE executive Mark Begor as CEO

http://www.reuters.com/article/us-eq...-idUSKBN1H41ZA

[Rewind]

Down 4% yesterday and down 2% today. Can somebody please keep Trump away from Twitter?

Amazon stock sinks again as Trump says tweets that tech giant pays 'litte or no taxes' and uses US Postal Service as 'their delivery boy'

http://www.geekwire.com/2018/amazon-...-delivery-boy/

[Rewind]

I'm starting to think we should start a new thread just for all the data breaches. Here is the latest one:

Under Armour's MyFitnessPal app hacked, 150 million accounts affected

http://www.upi.com/Top_News/US/2018/...1441522381981/

[Rewind]

All these mergers and buyouts! I think Walmart and Amazon are secretly making plans for world domination.

Walmart is reportedly in talks to buy health insurer Humana

http://www.money.cnn.com/2018/03/29/...lks/index.html

[Rewind]

Amazon says the hiring of two new advisers is simply part of "evolving business strategies." The truth is that Amazon is getting ready for a battle with Donald Trump, who has criticized Amazon -- wrongfully, of course -- for paying "little or no taxes."

Amazon severs ties with top lobbying firms in Washington

http://www.bloomberg.com/news/articl...-in-washington

[Rewind]

Yes, indeed -- another day, another data breach. Here is the latest. Or should I say here are the latest:

Saks Fifth Avenue, Lord & Taylor stores suffer data breach

https://www.cbsnews.com/news/saks-fi...r-data-breach/

[Rewind]

I've been to this Hard Rock. It's like a rock'n'roll museum, filled with musicians' guitars, drum sets, costumes, photos, album artwork and gold records. I wonder if Branson will keep all the memorabilia or perhaps sell it or auction it off. The casino-hotel will be renamed Virgin Hotels Las Vegas. (Insert silly joke here.)

Richard Branson buys Hard Rock casino-hotel in Las Vegas

http://www.yahoo.com/news/richard-br...204831166.html