Stream Nation: US Consumers Spend $2 Billion Monthly on Streaming Video Services

Stream Nation: US Consumers Spend $2 Billion Monthly on Streaming Video Services

Americans are watching more streaming video than ever — and they now pay an estimated $2 billion each month on subscription-video services like Netflix, Hulu and Amazon. That’s according to the Deloitte’s 2018 Digital Media Trends Survey, which found found that 55% of U.S. households now subscribe to at least one video-streaming service (up from […]

Self-Driving Cars Need to Slow Down After Uber Crash

Self-Driving Cars Need to Slow Down After Uber Crash

Here’s a vision of the future for you: A fleet of 25 million robots roam the streets of America, killing someone every day. The owners of the robots skew toward the wealthiest 10 percent of the country, who use the technology to get more time sleeping, posting on Instagram, getting over drinking binges and watching cat videos. The victims […]

Amazon founder Jeff Bezos takes a robot dog for a walk

Amazon founder Jeff Bezos takes a robot dog for a walk

Jeff Bezos is definitely a science fiction fan. Working that Tony Stark brand, Amazon’s billionaire founder strutted down a path alongside a robot dog at the company’s MARS conference on Monday at the Parker Hotel in Palm Springs, California. The invite-only gathering of robotics companies and academics, first held in 2016, focuses on machine learning, […]

VW to invest $340 million in new 5-seat, Chattanooga-built SUV [photos]

VW to invest $340 million in new 5-seat, Chattanooga-built SUV [photos]

This story was updated March 18, 2018, at 11:43 p.m. with more information. Gallery: VW will assemble third vehicle at Chattanooga factory “Here, Volkswagen is saying we’re not done.” Chattanooga Mayor Andy Berke on plans by VW to build a new SUV at its Chattanooga plant Saying a five-seat version of the Atlas SUV fits […]

Weinstein Co. to File for Bankruptcy as Part of Deal With Lantern Capital

Weinstein Co. to File for Bankruptcy as Part of Deal With Lantern Capital

Updated March 19, 2018 11:16 p.m. ET Dallas-based investment firm Lantern Capital has struck a deal to purchase the assets of the film and TV studio co-founded by Harvey Weinstein in a transaction that requires the troubled entertainment company to file for bankruptcy. Weinstein Co. said late Monday that it would file for chapter 11 […]

Amid Mounting Crises, Facebook Is Reportedly Phasing Out Security Chief Alex Stamos

Amid Mounting Crises, Facebook Is Reportedly Phasing Out Security Chief Alex Stamos

Alex Stamos at a Senate hearing in 2014.Photo: Getty Images Facebook has plans to part ways with its chief information security officer Alex Stamos amid an “internal dispute” regarding the “backlash over its role in spreading disinformation,” the New York Times reported on Monday. According to the Times report, Stamos originally made plans to leave […]

UPDATE 1-Kroger's Fred Meyer plans to phase out firearms business

UPDATE 1-Kroger's Fred Meyer plans to phase out firearms business

(Reuters) – Kroger Co’s (KR.N) superstore chain Fred Meyer said it would exit its firearms business, two weeks after deciding to stop selling guns and ammunition to those under the age of 21. FILE PHOTO – A logo of Kroger is displayed on a monitor above the floor of the New York Stock Exchange shortly […]

Self-Driving Uber Car Kills Pedestrian in Arizona, Where Robots Roam

Self-Driving Uber Car Kills Pedestrian in Arizona, Where Robots Roam

Much of the testing of autonomous cars has taken place in a piecemeal regulatory environment. Some states, like Arizona, have taken a lenient approach to regulation. Arizona officials wanted to lure companies working on self-driving technology out of neighboring California, where regulators had been less receptive. [Read more on how Arizona became a destination for […]