Early Facebook investor Marc Andreessen says one of the biggest mistakes that startups make is hiring an HR leader too late (FB, TWTR)

Stuart Isett/Fortune Global Forum Marc Andreessen says most companies put off hiring a HR leader too long. The delay makes the company more at risk of “catastrophic failure through self-inflicted wounds,” according to Andreessen. In an interview with longtime tech industry veteran Elad Gil for his new book “High Growth Handbook,” Andreessen says companies should hire […]

Oil spikes after US production hits record 11 million barrels per day

Reuters/Jim Urquhart Oil rose as much as 1% on Wednesday. US production rose to a record high and stockpiles jumped unexpectedly. Watch oil trade in real time here. Oil prices rose Wednesday after data showed record US crude production and an unexpected build of supplies last week. West Texas Intermediate was up 0.3% to $ […]

Google hit with record $5 billion EU fine in Android antitrust case

European Union regulators today slapped Google with a massive $ 5 billion penalty for abusing the dominant position of its Android mobile operating system. Antitrust regulators ruled that Google had inappropriately used Android to force handset makers to include the search giant’s own apps, giving it an unfair advantage over competitors that w…Read More

How Much Damage Will Trump’s Trade War Do?

Will Donald Trump’s trade war tip the economy into a recession? It seems a reasonable question to ask. The White House has initiated a rapidly escalating global tit for tat, with thousands of products from the United States, China, Canada, Mexico, and Europe now affected or threatened by tariffs. The price of imported goods is […]

iPhone front glass leak shows identical notches on 3 models for 2018

As the release of 2018’s iPhone models draws nearer, previously rumored components are beginning to leak into public view, starting with three differently-sized pieces of front glass. The leak on Twitter by Ben Geskin appears to confirm numerous prior rumors of devices with 5.8-inch, 6.1-inch, and 6.5-inch screens, each notably with roughly t…Read More

IBM wants $167 million from Groupon in dispute over early internet patents

(Reuters) — International Business Machines on Monday asked a U.S. jury to award it $ 167 million in a lawsuit accusing e-commerce marketplace operator Groupon of using patented technology without authorization. IBM lawyer John Desmarais told a jury in federal court in Delaware that Groupon infringed patents describing foundational e-commerce…Read More

The White House had planned for Trump to ‘push’ Putin — but it didn’t happen

Chris McGrath/Getty Images President Donald Trump’s soft stance towards Russia and Vladimir Putin reportedly caught the White House by surprise. A White House official told The Washington Post that they had prepared for Trump to publicly “push” Putin and make himself “look good” in the process. There were concerns that Putin could influence Trump during […]

Diver in Thai cave rescue says the bravest boys were likely rescued first

Channel News Asia/Screenshot An Australian diver who helped rescue 12 Thai soccer players and their coach from a flooded cave said it was likely the bravest boys were rescued first. It was previously reported the weakest boys came out first. But diver Craig Challen said the decision was not made by medical experts, and instead […]