Apple's Big Bet, Amazon's HQ2, and Facebook's News Feed Reboot
Dana Wollman, Executive Editor at Engadget, discusses Apple's announcement this week that it would invest $350 billion into the U.S. economy over the next five years. Plus, Amazon released its short list of candidates for the highly anticipated HQ2.
Wollman discusses the timing of the announcement and the types of tech jobs it would bring to the U.S. We also discuss Facebook's testing of the new algorithm for its updated News Feed that will prioritize content from family and friends over publishers. As the algorithm has been tested in other parts of the world, researchers have seen the rise of 'fake news' on the platform.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
