At 1:07 p.m. on Tuesday, the Twitter feed of the Associated Press told us that Barack Obama had been injured in an explosion at the White House. The tweet was fake.
Richard Schulze, the founder and former CEO of Best Buy, submitted a written proposal this morning to the firm’s board offering $24 to $26 per share to take the electronics retailer private.
The suit accused Apple and five of the nation’s largest book publishers of illegally colluding to resist Amazon’s aggressive strategy of pricing many new and bestselling books at $9.99 — well below the prices charged for hardcover copies and below what many in the industry say it costs to produce those volumes.
Amazon is poised to integrate itself in Americans’ lives in ways that no other company is capable.
Is Apple underpaying its employees? There are a few standards by which we can answer this question.