Tech companies like Google, Facebook and Zynga are on a shopping spree. They're buying small startups with innovative products and apps. But, many times, the tech giants don't care about what the small companies were producing. They just want the engineers.
There's a new name for these deals: the "acqui-hire," and it could mean the end to your favorite app.
When you walk into a McDonald's in India, it doesn't feel that much different from one in the U.S. That is, until you try to order.
When McDonald's first came to India 15 years ago, it ditched the Big Macs and Quarter Pounders to try to fit in in a country where cows are sacred and most people frown on eating beef. The chain tried re-creating its American classics with lamb, but it was a flop.
It's been more than a quarter century since the federal government enacted any immigration legislation which wasn't about enforcement and over that time, the government has spend hundreds of billions of dollars on fences, aircrafts, detention centers and agents. NPR's Ted Robbins looks at what taxpayer money has bought and why it's not likely to go away, even as budgets shrink and illegal immigration lessens.
Even as it has received praise for bringing innovative ideas to life, Kickstarter has been criticized for allowing creators to be a little fuzzy about their plans — and for providing little recourse to investors who become unsatisfied with the project they've supported. The site has now announced changes that it hopes will ease those troubles.
The biggest change is a new section called "Risks and Challenges," which requires potential entrepreneurs to list the obstacles they face, and how they plan to deal with them.
Originally published on Fri September 21, 2012 4:58 pm
Credit Carolyn Kaster / AP
Niles Paul had a problem. The second-year tight end for the Washington Redskins couldn't stop his teammates from stealing his Capri Sun. You know, Capri Sun — those sugary-sweet packets of juice that come in triangular foil containers with their own straws attached.
The real estate website Trulia is successfully riding the housing recovery, and has just gone public. After one day of trading, the San Francisco-based company is valued at well over half-a-billion dollars.
From our member station KQED, Aarti Shahani reports this is seen as a boost for the tech sector after Facebook's shaky plunge into the stock market.
Originally published on Fri September 21, 2012 7:08 am
American consumers will likely go to great lengths to get the iPhone 5, which goes on sale Friday. People are lining up in front of Apple stores. Time is money which explains why some people are paying others to stand in line for them. On man in San Francisco is getting $55 to stand in line for four hours.