CATEGORIES

TESLA SOFTWARE RECALL MAY HEAD OFF FIGHT WITH US REGULATORS

Tesla has issued a recall that automatically sent a software update fixing a safety problem in its electric vehicles, apparently heading offa looming confrontation with U.S. safety regulators.

CARE ABOUT YOUR CREDIT SCORE? GET STRATEGIC WITH CARD LIMITS

If you have credit cards in your wallet, you might track your balances to keep your budget in check, but knowing each card’s credit limit off the top of your head is another story.

E-WALLETS: WHAT HAPPENS TO YOUR CRYPTO IF YOU DIE?

If you’re merely dipping your toe in cryptocurrency, it can be hard to imagine your crypto as something worth talking to an estate attorney about.

NINTENDO'S PROFIT DROPS FROM LAST YEAR'S PANDEMIC BOOM

Japanese video game maker Nintendo’s profit dropped 19% in the first half of its fiscal year from the previous year when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products.

US TRADE DEFICIT HITS RECORD OF $80.9 BILLION IN SEPTEMBER

The U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb.

YAHOO PULLS OUT OF CHINA, CITING ‘CHALLENGING' ENVIRONMENT

Yahoo Inc. said this week it has pulled out of China, citing an increasingly challenging operating environment.

EARTH-MONITORING LANDSAT 9 LAUNCHES IN CALIFORNIA SATELLITE

The latest in a series of U.S. satellites that has recorded human and natural impacts on Earth’s surface for decades was launched into orbit from California on Monday to ensure continued observations in the era of climate change.

TOY MAKERS RACE TO GET PRODUCTS ON SHELVES AMID SUPPLY CLOGS

With three months until Christmas, the Basic Fun toy company has made an unprecedented decision: leave one-third of its iconic Tonka Mighty Dump Trucks destined for U.S. store shelves in China.

DENIS VILLENEUVE'S DREAMS OF ‘DUNE' REACH THE BIG SCREEN

It was the eyes that drew Denis Villeneuve to “Dune.”

WHAT THE METAVERSE IS AND HOW IT WILL WORK

The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online.

RESURGENT DEMAND DRIVES CATERPILLAR SALES IN THIRD QUARTER

Bustling construction sites, active drilling for energy and re-engagement in mines and other heavy industries doubled third-quarter profits at Caterpillar and drove sales up 25% as the global economy emerges from a pandemic.

UN, US OFFICIALS URGE ACTION TO AVERT CLIMATE DISASTER

The U.N.’s top human rights official and U.S. President Joe Biden’s climate envoy called Thursday for countries to step up the fight against global warming, describing it as an issue of sheer survival for humankind.

SKYPOD FIRM IN UAE TIED TO INVESTMENT COMPANY FLAGGED ABROAD

The small, four-seat pod glides above the sands of a test track in Sharjah in the United Arab Emirates, a futuristic transit solution promoted by a Belarusian firm that hopes to secure contracts here in the near future.

US INTEL WARNS CHINA COULD DOMINATE ADVANCED TECHNOLOGIES

U.S. officials issued new warnings about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America.

IN THE MIDDLE OF A CRISIS, FACEBOOK INC. RENAMES ITSELF META

An embattled Facebook Inc. is changing its name to Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg says is its commitment to developing the new surround-yourself technology known as the “metaverse.” But the social network itself will still be called Facebook.

PEOPLE OR PROFIT? FACEBOOK PAPERS SHOW DEEP CONFLICT WITHIN

Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world.

GOOGLE ADS GAIN FUELS PROFIT FOR PARENT COMPANY ALPHABET

A continued rebound in digital ad spending at Google drove its parent company’s profit up 68% in the third quarter.

EU INVESTIGATES NVIDIA'S PURCHASE OF CHIP DESIGNER ARM

European Union regulators opened an investigation this week into graphics chipmaker Nvidia’s $40 billion purchase of chip designer Arm over concerns it would limit competition, adding to global scrutiny of the deal.

ENERGY PRICES LIFT OIL AND GAS STOCKS, WEIGH ON THE ECONOMY

Energy prices are soaring in 2021 and oil and gas stocks are the clear winners, but the losers might just turn out to be businesses and consumers.

‘As Seen on Tiktok' is the New ‘As Seen on TV'

Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok.

FACEBOOK PLANS TO HIRE 10,000 IN EUROPE TO BUILD ‘METAVERSE'

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives.

COMPANY BEHIND TETHER ‘TOKEN' FINED $41M BY US REGULATORS

The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies

SENATOR ASKS FACEBOOK CEO TO TESTIFY ON INSTAGRAM AND KIDS

The senator leading a probe of Facebook’s Instagram and its impact on young people is asking Facebook CEO Mark Zuckerberg to testify before the panel that has heard farreaching criticisms from a former employee of the company.

RIGHT ON CUE: NBA FINDS HIGH TECH OPTION FOR VIRUS TESTING

If so inclined, an NBA player could now test himself for the coronavirus and get results on his phone in no more than 20 minutes.

TESLA HITS RECORD PROFIT DESPITE PARTS SHORTAGE, SHIP DELAYS

Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.

NETFLIX POSTS HIGHER 3Q EARNINGS, SOLID SUBSCRIBER GROWTH

Netflix posted sharply higher third-quarter earnings thanks to a stronger slate of titles, including “Squid Game,” the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.

VIRGINIA EXPECTS $2B IN PUBLIC-PRIVATE BROADBAND FUNDING

Virginia has received a record number of local and private sector applications to match state investments in broadband connectivity and the state expects more than $2 billion in total broadband funding, Gov. Ralph Northam announced this week.

TRUMP ANNOUNCES LAUNCH OF HIS VERY OWN SOCIAL MEDIA SITE

Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said this week he’s launching a new media company with its own social media platform.

WORKERS FED UP WITH NIGHTS, WEEKENDS SEEK FLEXIBLE SCHEDULES

After struggling to hire workers for its outlet store in Dallas, Balsam Hill finally opened on Sept. 1. But the very next day, the online purveyor of high-end artificial holiday trees was forced to close after four of its five workers quit.

Apple Eases App Store Rules Again, to Allow Outside Signups

Apple is relaxing rules to allow some app developers such as Spotify, Netflix and digital publishers to include an outside link so users can sign up for paid subscription accounts.