Wealth

Amazon released its first smartphone, the Fire Phone, in July 2014, and the device was broadly considered a “debacle,” “a fiasco,” “a surprising disappointment.” By September 2015, Amazon stopped selling the Fire Phone. It was the type of high-profile flop that might lead some CEOs to start angrily pointing fingers, but not Jeff Bezos. “You
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The coronavirus pandemic has forced schools to shut their doors and forced The College Board, the organization that administers the SAT and ACT exams to cancel and postpone testing dates. In response, many colleges announced they would temporarily not require students to submit standardized test scores. Now, some schools are starting to make the temporary
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Facebook will begin opening up its candidate pool to remote workers this summer, CEO Mark Zuckerberg said Thursday during an employee townhall livestreamed to the public on the social networking platform. Currently, 95% of the company’s employees are working in a remote capacity during the coronavirus pandemic, Zuckerberg says. He estimates half of the organization will
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Following weeks of partial shutdown to curb the spread of coronavirus, government officials and business leaders across the country are rolling out plans to bring their labor force back to the workplace. As of Wednesday, every state has partially reopened in some capacity. And for the 18 million workers who lost their jobs temporarily in April, including those
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