The nation’s economy is still on a strong upward trajectory, according to the latest monthly report from the Department of Labor, which showed an increase of 211,000 jobs for the month of April. Unemployment fell to 4.4 percent, its lowest level since May 2007.
April’s strong showing puts economic growth firmly back on track after a miserable March, when only 79,000 jobs were added (revised down from 98,000), and paves the way for the Federal Reserve to hike up the interest rate next month.
Scottish craft beer maker BrewDog is expanding into the U.S.
The company, which started out a decade ago making beer in a garage in Scotland, recently opened a 100,000-square-foot brewery in Columbus, Ohio, and plans to launch its beers on the U.S. market in the next two months.
It’s been quite a journey for James Watt and Martin Dickie, whose firm is now valued at £1 billion ($1.29 billion).
A new Google Docs phishing scam just reared its head a few hours ago, and it’s spreading like wildfire. Google appears to be taking action to stop it, but in the meantime: be super, super wary of Google Doc invites for now. If you fall for this one (and plenty of otherwise eagle-eyed people have already), it’ll blast out the bait to everyone on your contact list.
Samsung has been given permission to start testing its self-driving cars on the roads in South Korea.
The Ministry of Land, Infrastructure and Transport approved Samsung’s plans to test its self-driving technology on Monday.
According to the Korea Herald, the company is using a customised Hyundai car for the tests.
Officials from the technology giant have denied the company has any intention of making cars.
Facebook has apologised for reportedly allowing advertisers to target emotionally vulnerable people as young as 14, as a 23-page leaked document obtained by The Australian revealed.
According to the news outlet, the document prepared by two top Australian Facebook executives uses algorithms to collect data (via posts, pictures, and reactions) on the emotional state of 6.4 million “high schoolers,” “tertiary students,” and “young Australians and New Zealanders … in the workforce,” indicating “moments when young people need a confidence boost.”
In other words, data says they feel “worthless” or “insecure” and are therefore well-positioned to receive an advertiser’s message.
A battered news industry can find some flickers of hope in a survey that gauges public willingness to pay for journalism, as long as its leaders plan judiciously.
A little more than half of American adults regularly pay for news, through newspaper and magazine subscriptions, apps on electronic devices or contributions to public media, according to the Media Insight Project, a collaboration between the American Press Institute and The Associated Press-NORC Center for Public Affairs Research.
Amazon’s Prime subscription service grew rapidly in the latest quarter as the company added more streamed content and free shipping for more items sold through its marketplace.
On Thursday, Amazon said that first quarter revenue from Amazon Prime rose 49% to $1.9 billion compared to the same period a year earlier.
IT’S OFFICIAL: THE country’s top regulator of the internet wants to end net neutrality. Specifically, Federal Communications Commission chair Ajit Pai plans to repeal changes that gave the agency the authority to enforce net neutrality protections—that is, rules requiring internet service providers to treat all internet traffic equally. But he won’t likely be able to do so without a big legal fight.
Over the past decade, China has emerged as a force to be reckoned with in the automotive universe. For most car makers, the Middle Kingdom is either first or second on its list of priorities. Thus, it is only fitting that the 2016-2017 auto show season would come to a conclusion in China’s most cosmopolitan city.
The Shanghai motor show presents Chinese consumers with an opportunity to see the latest and greatest offerings from around the world. At the same time, the world’s press has the chance to evaluate the newest developments from China’s growing contingent of automakers.
The 2017 Shanghai Auto Show is open to the public until April 28 at the National Exhibition and Convention Center.
The designers at Balenciaga must be big Ikea fans, because the French fashion house just unveiled a fancy new leather bag that looks strikingly like Ikea’s famous blue tote—though the price tag looks a whole lot different.
Balenciaga’s goes for $2,145. Ikea’s is just 99 cents.
This was too much comedy for Ikea to process silently. In Sweden, at the urging of its agency partner Acne, Ikea (via in-house shop Ikea Creative Shop) whipped up a print ad and a social post comically explaining to readers how to tell the difference between Balenciaga’s bag and Ikea’s.
Dispatches From The Front 