Weed stocks are hitting new highs after Biden win

Cannabis was a big winner from the results of the United States’ election, and industry stocks are soaring on both the voting results and recent earnings. Companies such as Canopy Growth Corporation, Tilray and Aurora Cannabis are seeing their valuations pop in pre-market trading as good news

Apple places supplier Pegatron on probation over labor conditions

Apple has suspended new business with supplier Pegatron after the Taiwan-based original equipment manufacturer misclassified student workers. Apple also said Pegatron broke its Code of Conduct for suppliers. In a statement provided to Bloomberg, Apple said, “Pegatron misclassified the student

Human Capital: The gig economy in a post-Prop 22 world

Welcome back to Human Capital and congrats on making it through one of the hardest weeks of the longest year. Now that the Associated Press has called the election in favor of Joe Biden, it should be good news for DEI practitioners, who expressed some worry they'd be out of a job if Trump was a

Joe Biden wins the 2020 US presidential election

Following a tense week of vote tallying, Joe Biden won the state of Pennsylvania and vaulted ahead in the race to become the next president of the United States. Biden’s win in the critical state put him over the threshold of 270 electoral votes, cutting off all avenues for his opponent. Bide

Amazon to invest $2.8 billion to build its second data center region in India

Amazon will invest about $2.8 billion in Telangana to set up a new AWS Cloud region in the southern state of India, a top Indian politician announced on Friday. The investment will allow Amazon to launch an AWS Cloud region in Hyderabad by mid-2022, said K. T. Rama Rao, Minister for Information Tec

Huge delivery demand fails to stop Uber’s revenue from shrinking in Q3

Despite surging delivery demand, Uber’s third-quarter ultimately failed to meet investor revenue expectations in the third quarter. Uber reported gross bookings of $14.7 billion in the period, a decline of 10% compared to the year-ago quarter. That level of platform spend generated revenue of

The $900 tCentric Hybrid chair is a solid Aeron alternative

Let's get this out of the way: The Aeron is better. But not much, and that's the story here. The tCentric Hybrid starts at $900 and offers serious comfort and support for the tireless worker. There are endless adjustment levers, knobs and options. The chair is available for ordering with a

Mixtape podcast: Wellness in the time of the struggle 

We're back with another episode of Mixtape. This week Marah Lidey, co-founder and co-CEO of Shine, joins us to discuss mental health, venture capital, portfolio diversity and connecting with other founders trying to make it all work. It's easy to look at 2020 and identify perfectly valid re

UK’s ICO faces legal action after closing adtech complaint with nothing to show for it

The UK’s data watchdog is facing a legal challenge after it took the decision to quietly close a complaint against the adtech industry’s high velocity background trading of personal data. The legal challenge was reported earlier by Politico. The original complaint —

If elected, Biden commits to rejoin climate accord US just abandoned

On the same day that the U.S. officially withdrew from the global pact to reduce emissions that cause climate change, presidential contender Joe Biden committed that he would rejoin the Paris Agreement if elected. In a tweet late Wednesday, Biden wrote, “Today, the Trump Administration offici

Daily Crunch: Social media confronts election misinformation

You may have heard that the United States had a presidential election yesterday, with plenty of implications for the tech world, particularly with social media as one of the battlegrounds in the fight over the results. Meanwhile, major tech-relevant ballot measures, like California’s Proposit

Cannabis legalization measures set to pass in 5 states

Cannabis legalization was on five state ballots yesterday and ran the table. Voters in Oregon, where cannabis is already legal, also approved a measure addressing street drugs and another that sought to legalize psychedelic mushrooms’ therapeutic use. Of the five states that voted on cannabis

Nervous? Here, watch Philadelphia count votes on a live stream — that should help

No matter whom you support for President, it’s a nerve-wracking morning as many states come down to mere tens of thousands of votes. And perhaps no state looms larger than Pennsylvania, where a larger number of votes are yet to be counted. But if you are currently torturing yourself by readin

Apple, Microsoft and other tech stocks roar as the presidential election narrows to several states

Update: At the close of trading today, the tech-heavy Nasdaq Composite was up 3.8%, with SaaS and cloud stocks rising a simply bonkers 6.2%. On the back of sizable gains posted yesterday, tech stocks are once again rising sharply in pre-market trading today. Futures concerning the tech-heavy Nasda