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Business

Apple lawsuit tests if an employee can plan rival startup while on payroll

By fansitescript January 28, 2020January 23, 2020

Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture - that employees can plan a…

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Business

Facebook targets UK growth with 1,000 hires this year

By fansitescript January 27, 2020January 23, 2020

Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering center outside the United States…

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Business

Starbucks to add more plant-based food in latest green push; Beyond Meat shares jump

By fansitescript January 26, 2020January 23, 2020

Starbucks Corp (SBUX.O) aims to add more plant-based food and drinks to its menu as part of the company’s latest plan to become more environmentally friendly, Chief Executive Kevin Johnson…

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Business

Goldman CEO says process on canceled WeWork IPO ‘worked’

By fansitescript January 25, 2020January 23, 2020

Goldman Sachs Chief Executive David Solomon called WeWork’s abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was “not as pretty as…

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Business

Huawei CFO’s lawyer attacks U.S. extradition case in Canadian trial

By fansitescript January 24, 2020January 23, 2020

A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that “double criminality” was at the center of a trial to decide whether she can be extradited to…

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Business

Exclusive: Apple dropped plan for encrypting backups after FBI complained – sources

By fansitescript January 23, 2020

Apple Inc (AAPL.O) dropped plans to let iPhone users fully encrypt backups of their devices in the company’s iCloud service after the FBI complained that the move would harm investigations,…

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Business

Brazil’s GOL sees 737 MAX flying by April, compensation talks ongoing

By fansitescript January 22, 2020January 23, 2020

Brazilian low-cost carrier GOL, which has 130 of Boeing’s grounded 737 MAX jets on order, expects to be flying the jet by April and hopes to secure a compensation deal…

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