This could be tech's next big problem While start-ups have been raising piles of cash for growth, venture fund investors have been waiting for IPOs. A downturn could kill their model.
| By: Ari Levy
Facebook's 1 billion person day Facebook says over a billion people used the social site in a single day. Kara Swisher, Re/code co-executive editor, provides perspective on Facebook's growth, and Apple's upcoming special event.
CNBC update: TS Erika floods Dominica Tropical Storm Erika dropped 15 inches of rain on the Caribbean island of Dominica, and 3 civilians were killed and 8 injured in a new round of firing by Pakistani troops in Kashmir, reports CNBC's Sue Herera.
GOP candidate Trump to offer plan to overhaul US tax code WASHINGTON- Republican presidential candidate Donald Trump is promising to offer a plan within a month to overhaul the tax system, calling himself "king of the tax code." He's been hinting at such a plan recently, saying that wealthy Americans should pay more. Trump says hedge fund managers are big supporters of Democrat Hillary Rodham Clinton and GOP rival Jeb...
Source: The Associated Press
INSIGHT-Days numbered for barcodes as shoppers demand more data *Simple barcodes provide too little information. BERLIN, Aug 28- Growing demand for more information about the products we buy could mean the end of the simple barcode- the blocks of black and white stripes that adorn most objects for sale and are scanned five billion times a day. First used on a pack of Wrigley's Juicy Fruit chewing gum in 1974 in a store in Ohio,...
| By: Emma Thomasson