In this article TWTR YELP SONO AAPL GOOGL AMZN Chairwoman Sen. Amy Klobuchar, D-Minn., speaks during the Senate Rules and Administration Committee hearing on “Oversight of the U.S. Capitol Police Following the January 6th Attack on the Capitol, Part III”, in Washington, January 5, 2022. Tom Williams | Pool | Reuters One of lawmakers’ best
Technology
Even as China spends billions to build up its domestic semiconductor sector, it is still some time away from achieving the capabilities needed to produce cutting edge chips, an analyst said on Wednesday. Semiconductors are used in everything, from smartphones and computers to cars as well as home appliances. “I still believe that [China is]
In this article TMUS T VZ Workers install equipment on a 5G cell tower in Salt Lake City, Utah, U.S., on Tuesday, Jan. 11, 2022. George Frey | Bloomberg | Getty Images Verizon and AT&T turned on a major new part of their 5G networks Wednesday, the culmination of a yearslong process that saw both
In this article ATVI MSFT Satya Nadella, CEO of Microsoft. Charles Pertwee | Bloomberg | Getty Images Microsoft tried to set a record in 2008, when then-CEO Steve Ballmer pursued plans to buy Yahoo for about $50 billion. It would have been the biggest U.S. tech deal ever, topping JDS Uniphase’s $41 billion purchase of
In this article MSFT ATVI Microsoft announced Tuesday it will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. Shares of Activision soared about 37% in pre-market trading before being halted after the Wall Street Journal first reported the deal. Microsoft shares fell more than 2% following the announcement Activision, which is
BirgitKorber | iStock | Getty Images Fines for violations of the European Union’s landmark privacy law have soared nearly sevenfold in the past year, according to new research. EU data protection authorities have handed out a total of $1.25 billion in fines over breaches of the bloc’s General Data Protection Regulation since Jan. 28, 2021,
In this article F A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year deal aimed at bolstering the automotive giant’s e-commerce strategy. Ford Motor
Manatí, Puerto Rico In March 2021, crypto entrepreneur and investor David Johnston moved his parents, wife, three daughters, and company with him to Puerto Rico. The 36-year-old, who has been involved in the crypto ecosystem since 2012, says the decision to relocate from Austin was kind of a no-brainer. Beyond the fact that Puerto Rico
Natasha Lamb, a founding partner and portfolio manager at Arjuna Capital. Michael Prince Natasha Lamb was shocked. It was November, and Microsoft shareholders had just agreed with her proposal to push the software maker into issuing a public report on the effectiveness of its sexual harassment policies. Microsoft opposed the measure and urged investors to
In this article CZR TWTR DIS NYT Shams Charania, NBA basketball reporter Source: Sinclair Broadcast Group’s Stadium Shams Charania’s primary job is straightforward: break news on the National Basketball Association. It’s not a new occupation, but historically it’s never been a particularly lucrative one. Social media and legalized mobile sports betting have changed the game.
In this article TSLA LAC-CA PLL The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new electric vehicle companies like Rivian and Lucid are rolling new models off the line. In order to
Google CEO Sundar Pichai Getty Images Google is implementing a new Covid-19 testing policy for its U.S. work sites as it prepares for a continued surge in infections from the Omicron variant in the coming weeks. In an email sent to full-time employees on Thursday and obtained by CNBC, Google’s health chief Karen DeSalvo said
In this article F Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Michael Wayland | CNBC DETROIT – Ford Motor Chair Bill Ford has been slowly amassing more shares, and
The Signal Messenger app is displayed on a smartphone in Hong Kong, China. Roy Liu | Bloomberg | Getty Images Federal investigators say they accessed encrypted Signal messages sent in the lead-up to the Jan. 6, 2021, riot on the U.S. Capitol, and used them as evidence to charge the leader of the Oath Keepers,
It’s no secret the real estate market is skyrocketing, but the Covid pandemic is creating another little-known land rush. Indeed, some investors are paying millions for plots of land — not in New York or Beverly Hills. In fact, the plots do not physically exist here on Earth. Rather, the land is located online, in
Steven Mnuchin, U.S. Treasury secretary, from left, U.S. President Donald Trump, and Jared Kushner, senior White House adviser, listen during a bi-lateral meeting with Saad Hariri, Lebanon’s prime minister, not pictured, at the White House in Washington, D.C. Zach Gibson | Bloomberg | Getty Images New documents show that one of former President Donald Trump’s
The value of bitcoin exceeded the threshold of $66,895 in October for the first time in history. Chesnot | Getty Images Bitcoin’s price could nearly double to $75,000 this year as more institutional investors start to embrace the world’s most popular cryptocurrency, according to the CEO of Swiss bank Seba. “We believe the price is
Alonzo Lewis rescues items from his mother’s home after it was destroyed by Hurricane Ida on August 30, 2021 in Laplace, Louisiana. Ida made landfall August 29 as a category 4 storm southwest of New Orleans. Scott Olson | Getty Images News | Getty Images Disasters powered by climate change wreak havoc in so many
A person walks past a Virgin Media mobile phone store, closed down due to the Covid-19 pandemic, in London on May 4, 2020. Tolga Akmen | AFP via Getty Images Brits have enjoyed free mobile roaming across Europe for years but that’s set to change for tens of millions of people in the coming months
In this article FB A man takes a selfie in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, October 28, 2021. Carlos Barria | Reuters Facebook parent company Meta said on Monday that it will require Covid-19 booster shots for