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YELLEN CALLS FOR CRYPTO REGULATION TO REDUCE RISKS, FRAUD
Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and ward off fraudulent or illicit transactions.
US ELECTRIC VEHICLE TAX CREDITS ENDING FOR NEW TOYOTA BUYERS
Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
CHINESE HACKERS REPORTEDLY TARGET INDIA'S POWER GRID
India’s power sector has been targeted by hackers in a long-term operation thought to have been carried out by a state-sponsored Chinese group, a U.S.-based private cybersecurity company detailed in a new report.
TESLA SELLS 310,000 VEHICLES IN 1Q, DESPITE LOGISTICS ISSUES
Tesla delivered 310,000 vehicles in the first quarter, up roughly 68% from the same period in 2021, the company said.
META: RUSSIAN INVASION DRIVING MORE DISINFORMATION ONLINE
Hackers aligned with Russia broke into the social media accounts of dozens of Ukrainian military officers and were working to upload videos of defeated and surrendering Ukrainian soldiers when the plot was disrupted, according to a report Thursday from Meta that details a troubling increase in social media disinformation this year.
ELON MUSK JOINS TWITTER BOARD AFTER AMASSING MASSIVE STAKE
Elon Musk is joining Twitter’s board of directors a day after revealing that he’d become the social media platform’s largest shareholder with a 9% stake.
AIRLINES REDUCE CANCELLATIONS, BUT US FLIGHT PROBLEMS LINGER
Air travel in the United States improved after a rocky weekend that left thousands of flyers stranded by thunderstorms in Florida, technology problems at the busiest domestic airline and labor problems at another carrier.
Waymo to Expand Autonomous Vehicle Rides to San Francisco
Waymo’s self-driving ride-hailing service is branching out to San Francisco.
CHIP SHORTAGE FORCES GM TO PAUSE PRODUCTION AT INDIANA PLANT
General Motors is shutting down its pickup truck factory in Fort Wayne, Indiana, for two weeks next month because the company has run short of computer chips.
FACEBOOK RESORTS TO OLD SMEAR TACTICS AGAINST TIKTOK
Eleven years ago, Facebook was caught redhanded after it hired a prominent public relations firm to try to plant stories harshly criticizing Google’s privacy practices in leading news outlets.
IN YOUR DEBT: FORGET THE FED, PAY OFF YOUR CREDIT CARD DEBT
The cost of everything keeps creeping up.
AS RUSSIA SEES TECH BRAIN DRAIN, OTHER NATIONS HOPE TO GAIN
Russia’s tech workers are looking for safer and more productive professional pastures.
WAR TRANSFORMS UKRAINIAN BROTHERS' GAMING YOUTUBE CHANNEL
Starting out with funny videos and chat over Mario Kart racing games, two Ukrainian brothers have added a somber tone to their YouTube channel popular with young Japanese with updates from their country that bring the harsh realities of war closer to Japan.
US, EU SIGN DATA TRANSFER DEAL TO EASE PRIVACY CONCERNS
The European Union and United States made a breakthrough in their yearslong battle over the privacy of data that flows across the Atlantic with a preliminary agreement that paves the way for Europeans’ personal information to be stored in the U.S.
VIETNAMESE CARMAKER TO BUILD ELECTRIC VEHICLES IN N CAROLINA
A Vietnamese automaker announced plans to build a plant in North Carolina to manufacture electric vehicles, promising to bring 7,500 jobs and ending the state’s streak of near-misses for landing carmakers.
US INVESTIGATING AUTONOMOUS VEHICLE COMPANY'S CRASH REPORT
A small maker of autonomous vehicle systems could be in hot water with U.S. highway safety regulators over how much time elapsed before it reported the crash of one of its test vehicles last fall.
PARTY'S OVER: DUBAI'S MONTHSLONG EXPO 2020 COMES TO A CLOSE
The world’s fair in Dubai, a tech-saturated site teeming with talking robots and solar canopies, sought to be the future.
MEDIA MEASURING COMPANY NIELSEN TO BE ACQUIRED IN $16B DEAL
Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer earlier this month.
A KEY INFLATION GAUGE SETS 40-YEAR HIGH AS GAS AND FOOD SOAR
An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans’ finances.
US SEEKS NEW LITHIUM SOURCES AS DEMAND FOR BATTERIES GROWS
The race is on to produce more lithium in the United States.
Alibaba Raises Buyback to $25b to Boost Slumping Stock
Alibaba Group, the world’s biggest e-commerce company, increased a share buyback to $25 billion from $15 billion to prop up a stock price that has fallen by more than half since the ruling Communist Party tightened control over tech industries by launching regulatory crackdowns.
THAILAND BANS CRYPTOCURRENCY PAYMENTS FOR GOODS AND SERVICES
Thailand’s securities regulator announced Wednesday that it is barring the use of cryptocurrencies for payment of goods and services.
MEGHAN'S 1ST SPOTIFY PODCAST TO FOCUS ON FEMALE STEREOTYPES
The first podcast from Prince Harry and Meghan’s partnership with Spotify will focus on harmful labels and stereotypes applied to women.
SHOULD YOU INVEST IN A FRIEND'S BUSINESS?
Ben & Jerry’s was started by childhood best friends. Four grad school buddies founded Warby Parker. A long friendship-turned-partnership brought Clear to TSA security lines across the U.S. A shopping trip between two pals launched size-inclusive clothing brand Universal Standard.
‘WHERE'D THE MONEY GO?' HOW TO HANDLE A WINDFALL
Tax refunds. Child tax credits. COVID-19 relief checks. We dream of the next unexpected bundle of money that lands in our lap. Perhaps it’s a few hundred dollars earned from a garage sale, maybe even more from a job bonus — or hundreds of thousands from a winning lottery ticket or inheritance. Our minds race with the possibilities.
WHAT TO KNOW BEFORE YOUR BUSINESS ADDS BUY NOW, PAY LATER
“Buy now, pay later” is becoming common at large retailers like Target, Ikea and Macy’s. More and more small-business owners are allowing their customers the ability to pay in installments, too.
UBER OPENS UP A SPACE FOR NYC TAXI CABS ON ITS APP
Uber, which was hit by driver shortages during the pandemic, will list New York City taxi cabs on its app, a partnership that until recently would have been unthinkable with both camps fighting ferociously for the same customers.
IN 1ST FULL YEAR OF PANDEMIC, BIGGEST METROS LOST RESIDENTS
After returning to metro San Francisco following a college football career, Anthony Giusti felt like his hometown was passing him by. The high cost of living, driven by a constantly transforming tech industry, ensured that even with two jobs he would never save enough money to buy a house.
APPLE CO-FOUNDER WOZNIAK STILL LOOKING FOR NEXT BIG THING
Apple co-founder Steve Wozniak has remained immersed in technology while also pursuing divergent interests since his 1985 departure from the revolutionary company he started with the late Steve Jobs.
HYDROPOWER EYES BIGGER ENERGY ROLE, LESS ENVIRONMENTAL HARM
In southwestern Pennsylvania, eight locks and dams that for decades helped barges move goods along the Allegheny, Monongahela and Ohio rivers will in a few years also generate enough power for 75,000 homes.