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In a big move to increase its presence in the digital marketplace, Wal-Mart announced earlier this week its acquisition of online retailer Jet.com, a relative newcomer to the field that promises bargain prices and fast delivery for its rapidly-growing customer base. Wal-Mart will pay $3 billion in cash and $300 million in stock for Jet, which launched in June 2015 and now offers more than 12 million wares from more than 2,400 retailers. In a world where Amazon still dominates … Continue reading “Wal-Mart Announces Purchase of Online Retailer Jet.com”

With the exception of same-sex marriage, no issue has seen a greater shift in public opinion that marijuana legalization, and the budding industry just got a major endorsement from an unlikely source: Microsoft. Right now, recreational and medical marijuana exists in a legal grey area, caught between states that have legalized the drug to some degree and federal law, which still treats marijuana and its derivatives as a Schedule I drug. But this June Microsoft has entered the new marijuana … Continue reading “Microsoft Just Endorsed Legal Marijuana in a Huge Way”

Electronic billing helps millions of people find convenient ways of making their payments and handling their finances. Approximately 25% of all customers admit to having better relationships with their biller after switching to electronic billing. One local Washington resident, however, was not so lucky when it came to her electronic bills. According to the Observer-Reporter, Ruth Santek ran into an overdue bill for Comcast for her phone, cable, television, and digital and security services. She had authorized a check by … Continue reading “Company, Bank, and Federal Reserve All Refuse to Take Blame Regarding Electronic Billing Issue”

The Social Science Research Network released a paper detailing Uber’s effects on DUI and fatal vehicle accidents caused by DUI. According to the Cato Institute, the study monitored DUI arrests and crashes in over 150 cities around the world from 2010 until 2013. The study found that Uber does, in fact, lower the rate of both DUIs and fatal accidents. In the U.S., alcohol-related deaths accounted for 31% of all vehicle accident deaths. Uber and other ridesharing services offer safe … Continue reading “Study Released Showing Uber’s Effectiveness on Drunk Driving”