When Rob Rhinehart first created Soylent –– a powdered, synthetic food product made of industrial nutrients and oils –– he was a San Francisco techie trying to sustain himself cheaply without the inconveniences of grocery shopping, cooking or even eating.
Amazon launched a new subscription service for e-books and audiobooks on Friday called Kindle Unlimited.
The service, which will cost subscribers $9.99 per month after a free initial 30-day trial, offers access to more than 600,000 e-books and about 2,000 audiobooks. The reading and listening experiences can be linked through a syncing service.
Such "all you can eat" subscription models have become common for music and video. Amazon now enters into a space already occupied by unlimited reading services such as Scribd, Oyster and Entitle.
NPR's Business News starts with a downsized Microsoft. Microsoft announced the biggest layoffs in its history yesterday. It's cutting 18,000 jobs worldwide over the next year - that's 14% of its workforce. The company's new CEO wants to adapt to a society and an industry increasingly dependent on mobile devices. From member station KPLU, Bellamy Pailthorp reports.
This week, one man's customer service call to Comcast turned into a badgering — a simple request to cancel his service was repeatedly beaten back by the employee on the other end of the line. It was a familiar feeling for a lot of us, which perhaps explains why more than 4 million people have listened to it in less than a week.
When is it OK for an American company to avoid paying American taxes?
That's the question the Senate Finance Committee will wrestle with next week as the Obama administration urges lawmakers to make it harder for companies to duck corporate taxes by setting up shop overseas.
The latest tax-cutting strategy to go under the microscope, these so-called corporate inversions are a buttoned-down variation of an older, sexier tax dodge called the "naked inversion."