It's become a Silicon Valley ritual: a passionate entrepreneur asks a venture capitalist for money, promising technological innovation — and maybe a big financial return. But the area's tradition started just five decades ago, when the only certainty about high-tech was that it would be big someday.
Yahoo will lay off 2,000 employees in an attempt to save money and restructure the company. Despite an enormous Web audience, Yahoo has struggled to build an identity as social media has taken off. It is currently embroiled in a big patent dispute with Facebook.
Finally, there is a flying car for the average driver. But the real question is if the average driver ready for a flying car. Terrafugia Transition is a $279,000 car-turned-airplane. It's meant to bridge the gap between the road and the sky.
Marketplace correspondent David Brancaccio wanted to see if it was possible drive across the country without interacting with a human being — just machines. He discovered how technological advances — from factory robots to self-checkout machines — are changing the future of U.S. jobs.
How much will your next e-book cost? How much SHOULD it cost? US and European officials are investigating whether Apple and major publishing companies illegally colluded to raise e-book prices and keep them high...
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