LG, Whirlpool Target Customers Disconnected From ‘Smart’ Appliances

Appliance manufacturers are betting that internet-connected “smart home” appliances will help transform their businesses and the scope and length of their customer relationships—but not all customers are plugging in. LG Electronics Inc. said that less than half of the smart appliances it has sold stay connected to the internet—a number it is actively working to … Read more

Capital One Job Cuts Signal Trouble for IT Labor Market

IT positions have largely been seen as insulated from the job cuts that have hit workers at major technology firms like Alphabet Inc. and Microsoft Corp., but the Capital One layoffs affecting 1,100 employees provide an early indication that IT departments are also under scrutiny as companies enact belt-tightening measures amid recession fears. Technology sector … Read more