CATEGORIES
FBI PROBING EX-CIA OFFICER'S SPYING FOR WORLD CUP HOST QATAR
A former CIA officer who spied on Qatar’s rivals to help the tiny Arab country land this year’s World Cup is now under FBI scrutiny and newly obtained documents show he offered clandestine services that went beyond soccer to try to influence U.S. policy, an Associated Press investigation found.
META FINED $24.7M FOR CAMPAIGN FINANCE DISCLOSURE VIOLATIONS
A Washington state judge fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history.
USDA ANNOUNCES $759M FOR HIGH-SPEED INTERNET IN RURAL AREAS
The U.S. Department of Agriculture is making available $759 million in grants and loans to enable rural communities to access high-speed internet, part of the broader $65 billion push for high-speed connectivity from last year’s infrastructure law.
FORD DISBANDS ARGO AI AUTONOMOUS VEHICLE UNIT, POSTS LOSS
Ford said that it is disbanding Argo AI, an autonomous vehicle company that it co-owns with Volkswagen.
FIRST NATIVE AMERICAN WOMAN IN SPACE AWED BY MOTHER EARTH
The first Native American woman in space said she is overwhelmed by the beauty and delicacy of Mother Earth, and is channeling “positive energy” as her five-month mission gets underway.
US BUSTS NETWORK PROVIDING TECHNOLOGY TO RUSSIAN MILITARY
The Biden administration announced a round of criminal charges and sanctions related to a complicated scheme to procure military technologies from U.S. manufacturers and illegally supply them to Russia for its war in Ukraine.
TESLA 3Q PROFIT MORE THAN DOUBLES FROM A YEAR AGO TO 3.29B
Tesla reported that its third-quarter profit more than doubled from a year ago, fueled by higher vehicle sales.
META AGREES TO SELL GIPHY, ENDING BATTLE WITH UK REGULATORS
Facebook parent Meta said that it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation.
TRAVELERS ARE SKIPPING CHALLENGING DRIVES WITH RV DELIVERY
San Diego-based mom of two Audrey Patterson frequently vacations in an RV with her family. But she’s actually only driven an RV once — a brief stretch near Burbank, California — en route to Yosemite National Park for their 2021 summer vacation. The area northwest of downtown Los Angeles is a tangled web of freeways, tricky to navigate no matter the vehicle.
AMAZON FACES $1B CLASS ACTION LAWSUIT IN THE UK OVER BUY BOX
Amazon is facing a $1 billion class action lawsuit in the U.K. over allegations it uses an algorithm to favor its own products and those of third-party sellers who use its storage and delivery services.
MARYLAND JUDGE STRIKES DOWN NATION’S FIRST DIGITAL AD TAX
The nation’s first tax on digital advertising was struck down as unconstitutional by a Maryland judge. It’s a law that attorneys for Big Tech have contended unfairly targets companies like Facebook, Google and Amazon in a separate federal case against the same law.
MUSK HAS A 'SUPER APP' PLAN FOR TWITTER. IT'S SUPER VAGUE
Elon Musk has a penchant for the letter “X.” He calls his son with the singer Grimes, whose actual name is a collection of letters and symbols, “X.” He named the company he created to buy Twitter “X Holdings.” His rocket company is, naturally, SpaceX.
TAX THE RICH FOR MORE EVS? CALIFORNIA DEMOCRATS SPLIT
A California ballot measure that would tax the rich to help put more electric cars on the road may seem tailor-made to win support from Democrats in a state known for climate leadership, but Proposition 30 has one notable opponent: Gov. Gavin Newsom. That’s put the Democratic governor on the opposite side of his own party and against his traditional environmental allies.
MONEY: WHEN PINCHING PENNIES ISN'T ENOUGH
Scaling back streaming subscriptions is solid savings advice for some. But what if the choice you’re faced with is not whether to pay for Netflix or Hulu, but whether to pay for food or electricity?
BMW INVESTING $1.7B IN S CAROLINA AS AUTOMAKER SHIFTS TO EVS
BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric battery plant nearby.
GENESIS GV60 VS. TESLA MODEL Y
The Tesla Model Y SUV is the best-selling electric vehicle in the U.S. and is quickly finding success overseas as well. But with a current starting price of $67,190, the Model Y leaves room for competitors to undercut it. Not surprisingly, that’s exactly what Genesis hopes to do with its all-new GV60.
TEENS TACKLE 21ST-CENTURY CHALLENGES AT ROBOTICS CONTEST
For their first trip to a celebrated robotics contest for high school students from scores of countries, a team of Ukrainian teens had a problem.
SMALL BUSINESSES BRACE FOR CAUTIOUS HOLIDAY SHOPPERS
Small businesses are stocking the shelves early this holiday season and waiting to see how many gifts inflation-weary shoppers feel like giving.
TAKE NOTE: UTAH JAZZ MAY HAVE LOST THEIR HASHTAG TO APPLE
Take note: The Utah Jazz evidently need a new hashtag.
New iPad - Next gen redefines the power of mobile computing
Apple’s lineup launches this week include the redesigned 10th generation iPad, coming in four bright colors.
KANYE WEST TO BUY CONSERVATIVE SOCIAL MEDIA PLATFORM PARLER
The rapper formerly known as Kanye West is offering to buy right-wing friendly social network Parler shortly after being booted off Twitter and Instagram for antisemitic posts.
NETFLIX REBOUNDS FROM RECENT SUBSCRIBER LOSSES WITH 3Q GAIN
Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time.
CAN THE ROCK STEADY THE DC UNIVERSE WITH ‘BLACK ADAM’?
In Hollywood’s superhero era thus far, there has been one particularly conspicuous absence: While a parade of big-name actors have taken their turns donning various spandex suits, Dwayne Johnson — arguably the biggest movie star in the world — has, until now, sat out the trend.
‘BLACK ADAM,’ A SUPERHERO FRANCHISE BORN ON A ROCK
Not long into “Black Adam,” a preteen boy looks up at the muscled hulk of Dwayne Johnson and begs for his help: “We could use a superhero right now.” Speak for yourself, kid.
Amazon to Invest $972M for Électric Vans, Trucks in Europe
Amazon said this week it will invest 1 billion euros ($972.1 million) to add thousands of more electric vans, long-haul trucks and cargo bikes to its delivery network in Europe.
BEZOS FAMILY DONATES $710M TO FRED HUTCHINSON CANCER CENTER
The Bezos Family Foundation announced a $710 million gift to the Seattle-based Fred Hutchinson Cancer Center, the largest gift the center has ever received and one of the largest to go to any single cancer research organization in recent years.
WORLD’S 1ST SPACE TOURIST SIGNS UP FOR FLIGHT AROUND MOON
The world’s first space tourist wants to go back — only this time, he’s signed up for a spin around the moon aboard Elon Musk’s Starship.
SAMSUNG GETS TEMPORARY OK ON CHINA CHIP FACILITIES
Samsung Electronics has been granted an exception that will allow it to continue to at least temporarily maintain memory-chip production facilities in China, according to a Biden administration official, a week after the U.S. tightened export rules for China, limiting its ability to get advanced computing chips.
TAIWAN CHIPMAKER TSMC SAYS QUARTERLY PROFIT $8.8 BILLION
Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday that its quarterly profit rose 79.7% over a year earlier to a record $8.8 billion amid surging demand.
RIVIAN RECALLING NEARLY ALL ITS VEHICLES OVER LOOSE FASTENER
Electric truck and SUV maker Rivian Automotive said it is recalling almost all the vehicles it has delivered to customers in order to tighten a loose fastener that could potentially affect drivers’ ability to steer.