Business Briefs: Starbucks, Netflix, HTTPosted: Updated:
There's a call to boycott Starbucks, with #BoycottStarbucks trending, after a Starbucks employee at a Philadelphia store called 911 because two black men were allegedly "trespassing." The men said they were simply waiting for a friend to arrive before ordering. Starbucks has apologized for the incident, according to Cheddar.
$8 billion isn't enough to create binge-worthy shows. That's according to Netflix CEO Reed Hastings. At a conference, Hastings said that amount of money spread worldwide will not give the company enough cash to stay ahead of its rivals. Netflix is using algorithms to analyze consumer choices and create desirable new content.
Hyperloop Transportation Technology (HTT) is full speed ahead. Images show the company has started construction on a hyperloop test track in France, the third in the world. HTT hopes to build a passenger-ready hyperloop able to reach speeds of up to 760 mph.