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DISNEY MAY GET $570M IN TAX BREAKS FOR NEW CAMPUS
The Walt Disney Co. stands to benefit from more than a half billion dollars in tax breaks for building a new regional campus in Florida that promises to employ at least 2,000 professional employees who will be relocating from Southern California to work in digital technology, finance and product development.
PRIEST OUTED VIA GRINDR APP HIGHLIGHTS RAMPANT DATA TRACKING
When a religious publication used smartphone app data to deduce the sexual orientation of a high-ranking Roman Catholic official, it exposed a problem that goes far beyond a debate over church doctrine and priestly celibacy.
AMAZON'S MISSION: GETTING A ‘KEY' TO YOUR APARTMENT BUILDING
Amazon is tired of ringing doorbells.
TAIWAN CHIPMAKER TSMC SAYS PROFIT UP 11.2% AS DEMAND RISES
TSMC, the biggest contract manufacturer of processor chips for Apple Inc. and other global brands, said Thursday its latest quarterly profit rose 11.2% over a year earlier to $4.8 billion as demand for smartphones and consumer electronics increased.
‘FOREVER PURGE' GETS POLITICAL ON SOUTHERN BORDER
“The Forever Purge” is set along the U.S.-Mexican border and it’s perhaps the most overtly political of the series, portraying a ragtag group of Americans trying to flee the anarchy and white supremacy of Texas for the safety of Mexico as the annual U.S. bloodlust event turns into an everyday abomination.
THAT WAS FLEETING: TWITTER KILLS OFF EPHEMERAL MESSAGES
Twitter is disappearing its disappearing tweets, called fleets, after they didn’t catch on.
US UNEMPLOYMENT CLAIMS FALL TO 360,000, A NEW PANDEMIC LOW
The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S. economy and job market are quickly rebounding from the pandemic recession.
GM WARNS SOME BOLT OWNERS TO PARK OUTDOORS DUE TO FIRE RISK
General Motors is telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight because two of the electric cars caught fire after recall repairs were made.
U.S. FACTORY OUTPUT DIPS 0.1% IN JUNE ON AUTO CHIP SHORTAGE
U.S. factory output slid last month as a shortage of computer chips disrupted auto production.
REGULATOR SUES AMAZON TO FORCE RECALL OF HAZARDOUS PRODUCTS
Safety regulators are suing Amazon to force it to recall hazardous products sold on its site, including flammable children’s pajamas, faulty carbon monoxide detectors and hair dryers that don’t protect users from getting electrocuted.
TOYOTA REVS UP ITS DIGITAL MAPPING SUBSIDIARY WOVEN PLANET
Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving.
DEVICE TAPS BRAIN WAVES TO HELP PARALYZED MAN COMMUNICATE
In a medical first, researchers harnessed the brain waves of a paralyzed man unable to speak — and turned what he intended to say into sentences on a computer screen.
4 Smallbusiness Innovations That Will Outlast The Pandemic
Small businesses that survived the COVID-19 pandemic still face a long road to recovery, but some of the innovations business owners adopted last year may outlast the pandemic itself.
FOR JOHANSSON, FANS, ‘BLACK WIDOW' IS A DECADE IN THE MAKING
Scarlett Johansson has had quite a bit of time to think about a “ Black Widow ” movie. After all, she’s played the character in seven movies spanning 10 years.
US ENVOY WARNS CHINA ‘LOOKING AT' NEW NUCLEAR TECHNOLOGIES
A U.S. diplomat focusing on disarmament said Thursday that China is “looking at” developing naval and aerial autonomous nuclear weapons systems, warning any such development could disrupt strategic stability.
TRUMP ANNOUNCES SUITS AGAINST FACEBOOK, TWITTER AND GOOGLE
Former President Donald Trump announced he is filing suits against three of the country’s biggest tech companies: Facebook, Twitter and Google, as well as their CEOs.
TESLA DELIVERS MORE THAN 200,000 VEHICLES IN 2ND QUARTER
Tesla says it delivered 201,250 electric vehicles in the second quarter as it overcame a global computer chip shortage that has hit nearly every automaker.
EU FINES GERMAN CAR MAKERS $1B OVER EMISSION COLLUSION
The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems.
STELLANTIS: 98% OF MODELS TO BE ELECTRIC OR HYBRID BY 2025
Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors.
DOZENS OF STATES TARGET GOOGLE'S APP STORE IN ANTITRUST SUIT
Dozens of states are taking aim at Google in an escalating legal offensive on Big Tech.
BIDEN: US DAMAGE APPEARS MINIMAL IN BIG RANSOMWARE ATTACK
President Joe Biden said that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised but cybersecurity experts caution that the incident isn’t over.
AMAZON BEGINS NEW CHAPTER AS BEZOS HANDS OVER CEO ROLE
Amazon founder Jeff Bezos stepped down as CEO, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
BILLIONAIRE BLASTOFF: RICH RIDING OWN ROCKETS INTO SPACE
Two billionaires are putting everything on the line this month to ride their own rockets into space.
NO ET, NO ANSWERS: INTEL REPORT IS INCONCLUSIVE ABOUT UFOS
A long-awaited U.S. government report on UFOs released makes at least one thing clear: The truth is still out there.
MAINE LAW RESTRICTS FACIAL RECOGNITION TECHNOLOGY STATEWIDE
A bill touted as the country’s strictest statewide regulation on the use of facial recognition technology has become law in Maine.
ROBINHOOD PAYS $70 MILLION TO SETTLE RANGE OF ALLEGATIONS
Robinhood Financial will pay nearly $70 million to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience.
CALIFORNIA TESTS OFF-THE-GRID SOLUTIONS TO POWER OUTAGES
When a wildfire tore through Briceburg nearly two years ago, the tiny community on the edge of Yosemite National Park lost the only power line connecting it to the electrical grid.
BRANSON'S VIRGIN ORBIT LAUNCHES 7 SATELLITES FROM 747 PLANE
Richard Branson’s Virgin Orbit delivered satellites from three countries into space Wednesday, its second successful rocket launch from a plane.
DIGITAL TRAVEL PASS KICKS OFF EU-WIDE AS VACATIONS GAIN PACE
As the European summer vacation season hit its stride Thursday with a new EU-wide travel pass in place, the bloc’s medical office and a top airline chief issued reassuring messages on traveling, despite the threat of the surging delta coronavirus variant.
HOW IS TECHNOLOGY AIDING MIAMI RESCUERS' SEARCH?
Search teams have been using drones, sonar, highly sensitive microphones and a range of other new and established technologies to help search for people in the oceanside condominium building near Miami that collapsed into a smoldering pile of rubble.