Business Timeline

Google Buying Waze For $1 Billion, Report Claims

Waze Acquisition by Google

Tech giant Google is preparing to purchase crowd-sourced navigation app Waze for an acquisition cost of $1 billion. According to Israeli newspaper Haaretz, executives at Google decided to offer the hefty sum after a bidding war broke out for the popular platform. While the deal has not been finalized, Google has already reportedly promised not… Read more »

Ikea Founder Steps Down, Hands Company Over To Youngest Son

Ikea Founder Stepping Down From Board

Ikea founder Ingvar Kamprad is stepping down from the board of Inter Ikea Group. The company’s founder will be replaced by his youngest son Mathias Kamprad. In a statement released by Ikea Group on Wednesday, it was revealed that Mathias Kamprad is replacing Chairman Per Ludvigsson. The group says it has been planning the “generational… Read more »

Smokers Cost Employers $6,000 More Than Non-Smokers Each Year [Study]

The cost of smoking

Those who smoke cost their employers about $6,000 a year more than their non-smoker colleagues, researchers said on Monday. In what they say is the first comprehensive look at the true burden of smoker health costs on employers, the new research supports a growing trend of employers banning smoking in the workplace and even refusing… Read more »

Tesla Planning Cross-Country Supercharger Expansion

Tesla Supercharger Network Expanding

Tesla Motors Co. is planning a cross-country supercharger expansion that would allow US motorists to use their electric cars from New York to California. The expansion, which will likely take a few years to complete, could eliminate the “range anxiety” electric car users feel when they leave home. Tesla CEO Elon Musk announced that the… Read more »

Starbucks Tip Jar Fight Lands In NY High Court

starbucks tip jar

The Starbucks tip jar has always been a bit of a contentious issue as it has normalized tipping for non-table service — but another gratuity-related controversy has arisen from the practice, traveling all the way up to New York’s State Court of Appeals over who is entitled to the pooled money collected during shifts. The… Read more »

Nutella Shuts Down Popular Fan Site, Cancels World Nutella Day

World Nutella Day

The makers of Nutella and their lawyers have effectively shut down a very popular fan site. Since the company apparently doesn’t like fans to sing the foodstuff’s praises too loudly, Nutella fanatic Sara Rosso has been ordered to remove any and all items from her website containing the product’s name or logo. As a result… Read more »

Beardvertising: Earn Money With Your Face Foliage

Beardvertising

Do you have an amazing beard that people stop and stare at? Are you a member of the Duck Dynasty? If you answered yes to either one of those questions, you might be a great addition to the Beardvertising team. Designed by a Kentucky-based advertising firm, Beardvertising is exactly what it sounds like, advertising that… Read more »