VDOT seeks public input for future I-81 improvements
Read full article: VDOT seeks public input for future I-81 improvementsYou might be sick of the construction taking place on I-81, but once VDOT is done with its current 65 projects its looking ahead at what else they can do to make the highway safe.
Slack researcher discusses the fear, loathing and excitement surrounding AI in the workplace
Read full article: Slack researcher discusses the fear, loathing and excitement surrounding AI in the workplaceArtificial intelligenceโs recent rise to the forefront of business has left most office workers wondering how often they should be using the technology and worried about whether a computer will eventually replace them.
House committee hears testimony on DC health data breach
Read full article: House committee hears testimony on DC health data breachA top administrator with Washingtonโs health insurance exchange apologized to House members on Wednesday for the data breach that resulted in the disclosure of personal information for thousands of users, including members of Congress.
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Asian shares inch higher on optimism over vaccines, stimulus
Read full article: Asian shares inch higher on optimism over vaccines, stimulusShares were mostly higher in Asia on Thursday as investors were encouraged by progress toward rolling out coronavirus vaccines and talk of reaching a compromise on new help for the U.S. Hong Kong's Hang Seng edged 0.2% higher to 26,582.85 and the Nikkei 225 in Tokyo was almost unchanged at 26,806.37. Overnight, the S&P 500 index rose 0.2% to an all-time high of 3,669.01, a second straight record close. Nor by a report showing economic activity slowed in Novembe r as coronavirus cases surged. Payroll processor ADP said Wednesday that its latest survey of private U.S. employers shows they added 307,000 jobs last month.

Slack continues to sink as analysts worry Microsoft will kill it
Read full article: Slack continues to sink as analysts worry Microsoft will kill itMicrosoft, which is worth more than $1 trillion compared to Slack's market value of $10 billion, is hoping to unseat Slack with its Teams collaborative workplace app. Two analysts issued bearish reports on Slack this week, adding to the downward pressure on the stock. "We have observed strong fundamental progress of Microsoft Teams over the past 12 months," said Mizuho analyst Gregg Moskowitz in a report. He added that "there was a heavy focus on Teams" at Microsoft's Ignite conference for developers earlier this week, and noted that "customer interest levels in Microsoft Teams were very high." He argued that the competition from Microsoft "could slow growth going forward quicker" than most analysts are expecting.

SoftBank takes $9 billion hit from Uber, WeWork, other investments
Read full article: SoftBank takes $9 billion hit from Uber, WeWork, other investmentsSoftBank on Wednesday reported an operating loss for the most recent quarter of 970.3 billion yen ($8.9 billion) on its mega tech funds including the Vision Fund, which holds investments in Uber, WeWork, Slack and other major startups. The group reported losses of 704 billion yen ($6.5 billion) for the three months that ended in September, far worse than the 48.1 billion yen ($442 million) analysts polled by data provider Refinitiv had expected. SoftBank had reported operating profits of 706 billion yen ($6.5 billion) for the same period a year earlier. Before the bailout, the Vision Fund and SoftBank had already invested nearly $11 billion into WeWork. SoftBank's rescue package valued WeWork at about $8 billion less than half the total amount of money SoftBank and the Vision Fund have poured into the company.

Airbnb plans to go public in 2020
Read full article: Airbnb plans to go public in 2020Slack's stock took a beating after its first earnings report as a public company earlier this month. Airbnb, which was valued at about $31 billion in its most recent private fund-raising round, didn't reveal how it plans to list its shares. Airbnb is one of the most well-known so-called unicorns, or startups valued at over $1 billion. This year has seen a number of high profile IPOs, including from Uber, Lyft, Zoom, Slack and Pinterest, so Airbnb has likely faced questions over the timing of its offering. In June, the company announced it was adding Airbnb Adventures trip packages in locations around the world to its platform.

Slack is resetting thousands of passwords after 2015 hack
Read full article: Slack is resetting thousands of passwords after 2015 hackSlack Technologies via Wikimedia CommonsSlack has reset the passwords of thousands of accounts after receiving new information about a hack that took place in March 2015. In a release on Thursday, Slack said it would reset the passwords of approximately 1% of its accounts. According to the release, 99% of Slack users joined after March 2015 or have changed their password since joining. At the time of the 2015 hack, Slack said there was unauthorized access to one of its databases containing profile information and encrypted passwords. It blocked the access, reset passwords and released two-factor authentication as an extra security measure.

Apple won't be the top stock on a key market index for the first time in 7 years
Read full article: Apple won't be the top stock on a key market index for the first time in 7 yearsBut when FTSE Russell officially rebalanced its key market indexes on Friday, there was a new leader: Microsoft. Apple fell to the third spot in the Russell 1000 index of large and mid-sized companies. "It's just a reshuffling of the leadership," Rolf Agather, managing director of North America research for FTSE Russell, told CNN Business. To put that into context, FTSE Russell said that the market value of all publicly traded US companies is about $31.7 trillion. Uber and Lyft joined the Russell 1000, Yoshimoto said.
