The business side of tech. The industry’s latest developments, legal face-offs, acquisitions, and technology trends.

Snapchat loses way more money than it makes

Snap Inc., the parent company behind Snapchat, filed today the relevant documents for their initial public offering (IPO). These S-1 documents give us a first glimpse into the company's operations, revealing exactly how much money Snapchat generates and how many…

Amazon to build first air cargo hub in Kentucky

Amazon in mid-January said it would be creating 100,000 full-time, full-benefit jobs in the US in the coming 18 months. Some of those new employment opportunities, we’ve recently learned, are destined for the Bluegrass State.
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