Economy

Social Media Sunday: More Facebook Stock to Charity, Foursquare CEO is Out, and Snapchat Looks for Ad Tech

This week in social media, Facebook COO followed CEO Mark Zuckerberg's example and gave a huge amount of her company stock to charity. Meanwhile, Twitter was under pressure to crack down on hate speech, Snapchat began shopping for ad tech startups, and Foursquare's co-founder and CEO announced he would be stepping down.

Apple Is Making an Electric Car, Says Tesla Chief

Tesla chief Elon Musk reveals on BBC that Apple is on the road to making their own version of an electric car.

Obama Proposes $4 Billion for Autonomous Vehicles: Here Are All the Details

Secretary of Transportation (DOT) Anthony Foxx made an appearance at the auto show in Detroit, flanked by representatives from Ford, Delphi, and Google, to announce details of a $4 billion federal initiative to help usher in autonomous cars.

Tequila Market Gains Momentum in Latin America

The business of tequila thrives in the Latin America region partly because of the abundant supply of agave.

Oil Producers Like Venezuela, Iran, Russia and Saudi Arabia Continue to Face Price Drop Crisis

The oil industry has entered a challenging phase recently with oil prices dropping and oil-producing nations continue to face financial crisis. These include Venezuela and others like Iran, Russia and Saudi Arabia.

Why Hermès Birkin Bags Are Better Investment Than Gold, Stocks

Did you know that buying an Hermès Birkin bag is a much safer way to invest rather than in the stock market? Well, good news for those who spend their fortunes on these luxury handbags because you are actually making quite a clever move. According to a recent study, investing in these notoriously expensive bags are much better than gold and the stock market since their values just keep on increasing.

SoundCloud Gets Licensing Deal With Universal Music

Two major players in the music industry are joining forces. SoundCloud has reportedly reached a licensing agreement with the Universal Music Group that covers the entertainment company’s recorded-music division and publishing group.

Amazon Prime Lowers Membership Price For the Weekend, Offers Other Perks

In an apparent bid to expand its market share and add subscribers, Amazon has dropped the price of its Prime membership dramatically for an exclusive deal this weekend only

Why Google is Getting Serious About Virtual Reality Now

Google is getting serious about virtual reality's business potential. Here are the reasons Google is doubling down on VR now.

Latino Entrepreneurs: Hernan Lopez, ex-CEO of Fox International, Launches Podcast Network Wondery, With Fox Backing

Just days after leaving his position as CEO of Fox International Channels, Hernan Lopez announced the launch of Wondery, a venture hoping to reshape the way podcasts are distributed and monetized.

Student Loan Debt Tops $1 Trillion

Student loan debt in the U.S. grew by more than $2,000 every second and has now topped $1.3 trillion overall.

Ted Cruz Allegedly Neglects Disclosing Goldman Sachs Loan

Texas Senator Ted Cruz neglected to reveal he secured sizable loans from two of the nation’s largest banks during his come-from-behind run for that office.

Several U.S. Cruise Lines Waiting for Approval to Sail to Cuba

Cuba is suddenly becoming a very attractive travel destination for Americans almost a year after both countries ended more than five decades of hostility. Several U.S. cruise line companies are waiting for approval from Cuban officials in order to set sail for the island.

Apps Latinos Should Not Travel Without

Most Latinos are so stressed nowadays that they would often dream of an amazing travel adventure even just once a year. Traveling is like their sweet escape from life's pressure and their key to enjoy the real beauty of nature in the most extraordinary way. But sometimes, it can also be a burden which can lead to anxiety, especially to first time travelers who don't have any idea what to do. The good thing is technology already has its ways to make traveling more comfortable and hassle-free.

Travel Guide: Latin America’s Most Beautiful Beaches

The beauty of Latin America beaches is so serene that most people don't have the ability to resist the aquatic charm. The crystal-clear clean water, fine white or pink sand and hundreds of shades of green and blue colors are what summarizes the beaches' most pristine and picturesque beauty. Most parts of Latin America are tropical which makes these nature's masterpieces accessible to all beach junkies almost all year round.

‘Machete’ Star Danny Trejo Launches Vegan Taco Restaurant in Los Angeles

Hollywood actor Danny Trejo, who is known for his roles in “Machete” movie franchises and “From Dusk Till Dawn,” is now a certified restaurateur after he launched Trejo’s Tacos, the actor’s vegan and vegetarian-friendly restaurant in Los Angeles. Trejo said the restaurant came as a joint venture with film producers Ash Shah and Jeff Georgino.

Texas Construction Worker Wins New Mexico Lottery, Becomes Instant Millionaire

A construction worker from Texas who currently works in Loving, New Mexico had just been named as one of the newest millionaires after winning a Powerball lottery. Jose Sarabia earlier this week finally received the check that had a $2 million amount after visiting the lottery headquarters to claim his prize.

Google I/O 2016 Date Announced: What Does Google Have in Store for its Upcoming Developer Conference?

Google announced the dates and venue for the company's annual developer conference, Google I/O. Here are some of the projects Google could provide updates on this year.

Amazon May Be Quietly Building an Empire With Shipping Company

There was a time when Wal-Mart ruled the retail world, but Amazon is chipping away at that empire. The company is now said to be taking to the shipping business, which might in effect push UPS and FedEx out of the fold. See the details here.

How Microsoft Helped NBC Universo & Telemundo Take Latinos' 'Pulse' During SOTU

The State of the Union presented an opportunity for Microsoft to expand its reach with tech-savvy Latinos, as it launched the Spanish version of Microsoft Pulse in partnership with NBC Universo and Telemundo.
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