ALERT: One Dead, 121 Sickened from E. coli Outbreak Linked to Romaine Lettuce

E.coli outbreak linked to romaine lettuce

The E. coli outbreak linked to romaine lettuce from the growing region of Yuma, Arizona became worse. One person died in California and more people became ill in other states, according to the U.S. Centers for Disease Control and Prevention (CDC). On Wednesday, the CDC said it received reports of 23 additional cases of E. coli infection from ten states. As of May 1, the total number of people sickened from the outbreak is 121 in 25 states. They were infected with the outbreak strain of E. coli O157:H7. According…

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Amazon to build 2nd headquarters with up to 50,000 workers

Amazon Fulfillment Center

Amazon announced its plan to build a second headquarters in North America that will be equivalent to its current campus in Seattle, Washington. The e-commerce giant will invest more than $5 billion for the construction and growth of its HQ2, which is expected to add as much as 50,000 high-paying jobs. Amazon also expected its HQ2 to create tens of thousands of additional jobs and tens of billions of dollars in additional investments in communities that surround it. The company estimated that its additional investments in Seattle from 2010 to…

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Facebook shares drop despite reporting outstanding quarterly results

Facebook

Facebook (NASDAQ: FB) reported outstanding first quarter financial results, but its shares fell instead of going up during the extended trading hours on Wednesday. The social network giant’s stock declined 2.5% to $148.01 per share—a sign that investors are concerned about the company’s financial performance in the future. During the first three months of the year, Facebook generated earnings of $1.04 per share, up 7% from $0.60 per share in the year-ago quarter. Its revenue rose 49% from $5.38 billion to $8.03 billion. The social network giant exceeded the $0.87…

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T-Mobile boasts industry-leading customer and financial growth

T-Mobile US (NASDAQ: TMUS), the third-largest wireless carrier in the United States reported strong financial and customer growth in the first quarter of 2017. The company boasted that its performance is industry leading. T-Mobile quarterly performance T-Mobile reported that its net income increased 43% to $698 million or $0.80 in earnings per share from $479 million or $0.56 per share in the year-ago quarter. Its total revenues were $9.6 billion, an increase of 11%. The wireless carrier added 1.1 million customers during the quarter. Its total branded postpaid net additions…

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Facebook, Oculus, others to pay ZeniMax $500 million in VR lawsuit

Facebook (NASDAQ: FB), Oculus together with other defendants were ordered by a jury to pay a combined $500 million to ZeniMax Media in a lawsuit involving its virtual reality (VR) technology. Facebook purchased Oculus for $2 billion in a cash and stock deal in 2014. The social network giant made the acquisition because its CEO Mark Zuckerberg believes that virtual technology would be the next great evolution and Oculus has the potential to become the most social platform. The video game publisher accused Oculus, its founder Palmer Luckey, CEO Brendan…

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Amazon to create 100,000 new jobs in the United States

Amazon employee

Amazon.com (NASDAQ: AMZN) announced its plan to create additional 100,000 full-time, full-benefit jobs in the United States over the next 18 months. The e-commerce giant is already considered one of the largest employers in the country with more than 180,000 employees at the end of 2016. Amazon said its U.S. workforce is expected to reach over 280,000 by mid-2018, an increase of more than 50%. The company said the new job opportunities are for people with all types of experience, education, and skill levels from engineers, software developers, and those…

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Tesla hires Apple software engineer Chris Lattner to lead its Autopilot team

tesla

Chris Lattner, the project lead of Swift programming language at Apple Inc (NASDAQ: AAPL) decided to leave the iPhone maker to join Tesla Motors (NASDAQ: TSLA). Lattner announced his departure from the company in a community forum on Tuesday. According to him, he will leave Apple later this month to pursue an opportunity in another space. He wrote that his decision wasn’t easy and “remained completely committed to Swift,” which is used by hundreds of millions of people.  Apple launched Swift in 2014 as its de-facto language for third-party app…

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Alibaba promises to create one million U.S. jobs in a meeting with Trump

Jack Ma, the Executive Chairman of Alibaba Group Holding (NYSE: BABA), promised to Donald Trump that his company would create one million new jobs in the United States over the next five years. The U.S. President-elect met Ma at the Trump Tower in New York on Monday. Their meeting lasted about 40 minutes. Alibaba to support small businesses “We’re focused on small business. We specifically talked about supporting one million small businesses especially in the Midwest America to sell products and services on our platform to China and Asia, especially…

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Donald Trump is the “father of lies” says billionaire David Tepper

David Tepper, the billionaire, founder and president of Appaloosa Management condemned Donald Trump and rejected assertions that the Republican presidential candidate is a generous person. Tepper is voting for Hillary Clinton to become the next president of the United States. The billionaire hedge fund manager supported President Barack Obama in 2008 and Mitt Romney in 2012. In an interview with CNBC’s Squawk Box, Tepper indicated that Trump, who is also a billionaire, is selfish because he did not donate money in the wake of disasters in the State of New…

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