Economy

A Bright, 'Starry' Future of Cheap, Ubiquitous Gigabit Internet? Maybe

Starry burst on the scene this week with a launch event headed by Chaitanya Kanojia, the founder of Aereo, who promised Starry would bring gigabit Internet to the masses -- by delivering it wirelessly.

Debt Talks Resume, Puerto Rico Presents New Offer

Puerto Rico will take the next step in efforts to resolve its fiscal crisis on Jan. 29 by presenting investors with an offer to swap existing bonds for two new types of securities.

Diversity in Tech: Dropbox's 2015 Report Shows Bits of Progress Among Mostly Static Figures

Dropbox finally dropped its diversity report for 2015, and like many other Silicon Valley companies, it shows that the company has slightly improved in some aspects, while declining in others. Here are the details.

Tambero: How This Software Helps ‘Disconnected Farmers Connect With Their Land’

Through the years, South America's dairy industries have improved and grown. Among its milk producing countries are Brazil, Argentina, Chile, Uruguay, Costa Rica and other Central American countries. With the industry's increasing demand, no wonder why Tambero Company is also gaining popularity. With its web-based global system for cattle management, it is indeed the perfect "buddy" for dairy farmers.

CELAC Summit Ends, Pledges Regional Unity on Zika, Economic Crisis and Peace

The fourth Summit of the Community of Latin American and Caribbean States (CELAC) ended Wednesday as delegates pledged regional unity to focus on the peace process in Colombia and fight the economic crisis and the epidemic caused by the Zika virus. The summit, which was recently held in Ecuador, was hosted by Ecuadorian President Rafael Correa.

FCC Chairman Wheeler Wants to Unleash Silicon Valley Innovation on Your Dusty Old Cable Box

Federal Communications Commission Chairman Tom Wheeler has a plan to transform cable television. No, it doesn't involve breaking up big monopolies like Comcast; Wheeler wants to transform the technology at the point where consumers interact with their cable television networks: by unlocking the cable box.

Yahoo Closes Mexico and Argentina Offices, Downsizes in Latin America

Yahoo is downsizing its regional operations, especially in Latin America, closing offices in Mexico and Argentina.

Senate Democrats Urge Bankruptcy Protections for Puerto Rico

Dozens of U.S. Senate Democrats have urged Republican Majority Leader Mitch McConnell, R-Ky., to act quickly on legislation that would give Puerto Rico access to bankruptcy protections and thus help the island territory address its dire fiscal situation.

Brazilians Suffer Additional Travel Tax Abroad

Brazilians grow wary on the additional travel tax imposed by its government, causing a slowdown on tourism.

Despite Controversy, Uber Prepares to Hire 300 Costa Ricans Before 2016 Ends

The OPT and the taxi drivers' union might not be stopping their protests anytime soon, but transportation giant Uber remains undaunted.

Marc Anthony Puts Tarzana Mansion on the Market for $4.35M

Multiple Grammy winner Marc Anthony's recently bought quasi-Colonial mini-mansion in Los Angeles suburb of Tarzana, California is now up in the market for $4.35M.

Meet Enrique Olvera: Diners Club Lifetime Achievement Awardee for Latin America 2015

By "reinventing traditional Mexican with extraordinary attention to detail," Chef-patron Enrique Olvera became the 2015 Diners Club® Lifetime Achievement Awardee.

Melia Hotels International Opens in Miami

A new high-rise hotel will soon be opening its doors to the people in Miami as a Spanish-owned international hotel from the Melia group of hotels recently announced its interest to open their business in the artsy and modern district in Miami, the Miami Herald reports.

Latin America Projected to Top World’s Highest Rate of Professional Working Women by 2025

Latin America is forecasted to be "the world's highest proportion of professional working women of 2025," Mercer, a consulting firm, reported Wednesday, Jan. 27. The country's rate for women's representation in the workforce is projected to increase from 36 percent in 2015 to 49 percent after a decade.

Online Piracy in Latin America: Half of South American Internet Users Steal Media: Report

When you think of online piracy, the first image that comes to mind is probably of American teenagers in their dorm rooms, bittorrenting Hollywood movies. "Widespread" piracy, meanwhile, perhaps connotes a visual of bootleg DVDs being hawked on the streets of Shanghai. But perhaps it'd be more accurate to think of an average Chilean family sitting down to watch TV.

Apple Q1 2016 Earnings Report: the iPhone Is Officially Deflating for the First Time

As expected, Apple announced on Tuesday that growth in the sale of iPhones has slowed significantly.

Tappsi App: 'Providing Safe Rides in Unsafe Cities'

"Millionaire rides" have been a very big issue in Bogota, the capital of Colombia. No wonder why hailing a taxi from the streets can be very difficult and even be risky.

Latin America Boosts Minimum Wage

Several countries in the Latin America region will soon enjoy the imposed minimum wage hike to its workers.

How a 12-Year-Old Boy Landed a Scholarship at the Instituto Tecnológico de las Américas

Jasuel Rivera, a 12-year-old boy from the Dominican Republic, was offered a scholarship because of his talents in robotics.

Bolivian Telecom Vet Marcelo Claure, Japanese Billionaire Masayoshi Son Discuss How to Save Sprint

Sprint Corp. has recently reported the company’s lower operating losses as well as its increasing shares for the current quarter. While Wall Street commended its growing subscribers that boosted Sprint’s stock by 20 percent, experts remained extremely worried about Sprint’s financial position.
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