General Motors Co. will idle production of its Chevrolet Volt battery-powered car for five weeks beginning this month because of slow sales amid an effort to boost the vehicle’s consumer appeal, the company said Friday. Launched last year with great fanfare, the Volt has had a rocky start as sales stalled, and the car became …
Wireless carriers are getting increasingly forceful in their efforts to pitch mobile bandwidth as a scarce, valuable commodity—setting up a battle with consumer groups that support open-Internet rules and longtime customers who treasure their unlimited data plans. Among U.S. carriers, AT&T Inc. is leading the charge. Its latest scuffle came on Friday, a day after …
Reddit finally moved into the modern age on Sunday night, banning certain forums where sexualized content of minors ran rampant. It’s about time. Reddit notified its user base in a post that claimed the site had always dealt with images that “might be child pornography along strict legal lines.” “We have changed our policy because …
Reddit Dragged Screaming Into Twenty-First Century Read More »
On the backs of iPods, iPhones and iPads, and on the bottom of Mac laptops, an inscription reads: “Designed by Apple in California. Assembled in China.” The parts themselves come from more than 150 companies from various parts of the world. The majority of those antennas, glass, metal, sensors and silicon are manufactured overseas. How …
If all goes according to plan, Facebook founder, chairman, and CEO Mark Zuckerberg’s share of the profit in his company’s upcoming initial public offering will result in him facing a tax bill of around $1.5bn for 2012. What’s more, the Financial Times reports, that astronomical bill could increase if the IPO is more successful than …
Zuckerberg’s 2012 personal income tax bill: $1.5 billion Read More »
