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CBO PROJECTS HIGHER UNEMPLOYMENT, SLOW EXIT FROM INFLATION
The Congressional Budget Office said this week that it expects the U.S. economy to stagnate this year with the unemployment rate jumping to 5.1% — a bleak outlook that was paired with a 10-year projection that publicly held U.S. debt would nearly double to $46.4 trillion in 2033.
FORD STOPS PRODUCTION OF ELECTRIC F-150 AFTER BATTERY FIRE
Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fireduringa pre-delivery quality check.
AI Search Engines Can Now Chat With Us, but Glitches Abound
Nearly a quarter-century after Google's search engine began to reshape how we use the internet, big tech companies are racing to revamp a familiar web tool into a gateway to a new form of artificial intelligence.
Britcoin? UK Gets Closer to Launching a Digital Currency
Britcoin is moving closer to reality.
AUSTRALIAN DEFENSE DEPARTMENT TO REMOVE CHINESE-MADE CAMERAS
Australia's Defense Department will remove surveillance cameras made by Chinese Communist Party-linked companies from its buildings, the government said Thursday after the U.S. and Britain made similar moves.
NETFLIX STEPS UP ITS EFFORT TO GET PAID FOR ACCOUNT SHARING
Netflix has a plan to deal with rampant account sharing: a program that lets subscribers pay extra to share their account with people outside their household.
INVESTORS' QUERY: CAN GOOGLE ANSWER MICROSOFT'S AI THREAT?
Google, a company built on finding quick answers to people's questions, suddenly finds itself grappling for a response to a potential threat to its internet empire a form of artificial intelligence that long-time rival Microsoft is now deploying to attack its dominant search engine.
IEA: ASIA SET TO USE HALF OF WORLD'S ELECTRICITY BY 2025
Asia will for the first time use half of the world's electricity by 2025, even as Africa continues to consume far less than its share of the global population, according to a new forecast released by the International Energy Agency.
UN EXPERTS: NORTH KOREAN HACKERS STOLE RECORD VIRTUAL ASSETS
North Korean hackers working for the government stole record-breaking virtual assets last year estimated to be worth between $630 million and more than $1 billion, U.N. experts said in a new report.
GYMS THAT SURVIVED PANDEMIC STEADILY GET BACK IN SHAPE
One day, a once-regular customer at Fuel Training Studio in Newburyport, Massachusetts, stopped in to take a \"shred\" class.
NFL, DAZN SIGN AGREEMENT FOR GAME PASS INTERNATIONAL PACKAGE
The NFL has signed a 10-year agreement with DAZN Group to deliver the Game Pass International service to fans outside the United States beginning with the 2023 season, it was announced this week.
CAR SHOPPING TRENDS AND TIPS FOR 2023
Shopping for a new or used car over the last few years has become a frustrating and expensive undertaking.
TESLA HIKES PRICE OF MODEL Y AFTER US ALTERS TAX CREDIT RULE
Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.
META TO BUY VR STARTUP WITHIN AFTER FAVORABLE COURT RULING
A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited, the maker of the popular fitness app Supernatural.
LOOKING FOR LOVE ONLINE? NEW STUDY SHOWS MIXED EXPERIENCES
Whether looking for love or a casual encounter, 3 in 10 U.S. adults say they have used a dating site or app — with mixed experiences, according to a Pew Research Center study.
GOOGLE, APPLE AMAZON GIVE INVESTORS REASON TO FRET
Wall Street had its eyes on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances.
HomePod 2
Reborn speaker amping up smart home technology
CHATGPT BOT CHANNELS HISTORY TO PEN STATE OF UNION SPEECH
If you've heard it once in a president's State of the Union speech, you've heard it 100 times: There is nothing the American people can't do when they pull together.
COURT UPHOLDS MINNESOTA 'CLEAN CAR RULE' TIED TO CALIFORNIA
The Minnesota Court of Appeals this week upheld the state’s “Clean Car Rule,” which ties the state’s vehicle emission standards to California regulations, as judges accepted assurances that California’s planned phaseout of gasoline-powered cars won’t automatically apply in Minnesota.
US BLOCKS EXPORT LICENSE RENEWALS FOR CHINA'S HUAWEI
China’s government accused Washington of pursuing “technology hegemony,” as the United States has begun stepping up pressure on tech giant Huawei by blocking access to American suppliers.
EU OFFICIAL PUSHES MUSK FOR TWITTER'S PROGRESS ON NEW RULES
A top European Union official told Elon Musk that Twitter needs to make progress in preparing for a new law aimed at curbing hate speech, misinformation and other harmful content, adding pressure on the company to ensure it complies.
DUTCH, JAPANESE JOIN US LIMITS ON CHIP TECH TO CHINA
Japan and the Netherlands have agreed to a deal with the U.S. to restrict China’s access to materials used to make advanced computer chips, a person familiar with the agreement told.
CANNES BREAKOUT 'CLOSE' TELLS OF INNOCENCE AND GRIEF
“Close” is a crushing story of grief told with grace by Belgian director Lukas Dhont. At its heart is a friendship, loving and deep, between two 13-year-old boys, Leo (Eden Dambrine) and Remi (Gustav De Waele), in the countryside.
JUSTICE DEPARTMENT SEEKS TESLA AUTOMATED DRIVING DOCUMENTS
The U.S. Justice Department has requested documents from Tesla related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing.
TECH INDUSTRY JOB CUTS COME RAPIDLY AND IN BIG NUMBERS
In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. However, even with all of the layoffs announced in recent weeks, most tech companies are still vastly larger than they were three years ago. Here’s a look at some of the companies that have announced layoffs so far.
BOEING BIDS FAREWELL TO AN ICON.DELIVERS LAST 747 JUMBO JET
Boeing bid farewell to an icon this week, delivering its final 747 jumbo jet as thousands of workers who helped build the planes over the past 55 years looked on.
APPLE AND GOOGLE APP STORES GET THUMBS DOWN FROM WHITE HOUSE
The Biden administration is taking aim at Apple and Google for operating mobile app stores that it says stifle competition.
CHEATERS BEWARE: CHATGPT MAKER RELEASES AI DETECTION TOOL
The maker of ChatGPT is trying to curb its reputation as a freewheeling cheating machine with a new tool that can help teachers detect if a student or artificial intelligence wrote that homework.
GUNN'S NEW DC SLATE FEATURES SUPERMAN, SUPERGIRL AND BATMAN
New DC Studios bosses James Gunn and Peter Safran debuted their plans for a revamped and newly unified DC Universe of films and television series, including a new Superman film in 2025, a Wonder Woman prequel and a Batman movie that won’t star Robert Pattinson.
AFTER TESLA PRICE CUT, FORD FOLLOWS SUIT WITH MUSTANG MACH-E
Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps.