Online grocery shopping took off last year but can it be profitable?

At the height of the dotcom boom, a start-up called Webvan debuted on the New York Stock Exchange. By the end of its first day, this internet grocery delivery firm had seen its stock soar by two-thirds and its market value surpass $8billion. Two years later, it went bankrupt. Since that time, the share of … Read more

Online grocery shopping took off last year. But can it ever be profitable?

At the height of the dotcom boom, a start-up called Webvan debuted on the New York Stock Exchange. By the end of its first day, this internet grocery delivery firm had seen its stock soar by two-thirds and its market value surpass $8billion. Two years later, it went bankrupt. Since that time, the share of … Read more

German police arrest ex-head of Wirecard’s most profitable unit

Police arrest former head of Wirecard’s most profitable unit as probe into company’s collapse and Germany’s biggest financial fraud continues German authorities have made a new arrest relating to collapse of Wirecard   German media have identified the suspect as Oliver Bellenhaus  Bellenhaus ran the company’s most profitable unit before scandal was exposed  By Afp Published: … Read more

Will Uber FINALLY become profitable? Firm set to place advertising car-toppers on 1,000 vehicles

February 19, 2017: Susan Fowler publishes a blog post accusing Uber of enabling misogyny and a hostile culture toward women.  She says other women have been victims at the company and claims female site reliability engineers dropped from 25 percent out of 150 when she started, to 3 percent when she left. Uber appoints Liane … Read more