CATEGORIES
JUDGE SAYS FTC'S ANTITRUST CASE AGAINST FACEBOOK CAN PROCEED
A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a dismissal.
TAIWAN CHIPMAKER TSMC SAYS QUARTERLY PROFIT $6 BILLION
Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips, reported Thursday its quarterly profit rose 16.4% over a year earlier to $6 billion amid surging demand for chips for smartphones and other electronics.
GRAND THEFT AUTO MAKER BUYS FARMVILLE COMPANY IN $12.7B DEAL
Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion.
WILL SMITH, LADY GAGA, BEN AFFLECK SCORE SAG NOMINATIONS
The Oscar race may be missing in-person glitz this year, but it doesn’t lack for star power. Will Smith, Lady Gaga and Ben Affleck landed individual nominations for the 28th Screen Actors Guild Awards on Wednesday, while the casts of “Belfast” and “CODA” were among those nominated for the guild’s top award, best ensemble.
5 Steps to Reach Your Money Goals in 2022
In addition to the new year bringing confetti and a fresh calendar, it’s a time to set big money goals for the next 12 months. That might mean finally paying off debt, buying a house or taking a long-delayed vacation.
2021 Box Office Closes With More Fireworks For ‘Spiderman'
Hollywood closed out 2021 with more fireworks at the box office for “Spider-Man: No Way Home,” which topped all films for the third straight week and already charts among the highest grossing films ever.
FRANCE FINES GOOGLE, FACEBOOK MILLIONS OVER TRACKING CONSENT
French regulators on Thursday fined Google and Facebook a total of more than 200 million euros ($226 million) for not making it as easy for people to opt out of online tracking as it is for them to accept it.
NOVEMBER TRADE DEFICIT HITS NEAR RECORD-HIGH $80.2 BILLION
The U.S. trade deficit surged to a near-record high of $80.2 billion in November as exports slowed at the same time that imports jumped sharply.
RUSSIAN COURT SLAPS GOOGLE, META WITH MASSIVE FINES
A Moscow court slapped Google with a nearly $100 million fine and also fined Facebook’s parent company Meta $27 million over their failure to delete content banned by local law, as Russia seeks to step up pressure on technology giants.
RIDDELL'S AXIOM COULD BE BREAKTHROUGH HELMET FOR FOOTBALL
Riddell has developed a football helmet that might not be just the next big step in design and player safety, but a major leap.
US SERVICE INDUSTRY GROWS MORE SLOWLY IN DECEMBER
Growth in the U.S. service industry, where most Americans work, pulled back in December after expanding at a record pace the previous two months.
US JOBLESS CLAIMS RISE BY 7,000, BUT STILL LOW AT 207,000
The number of Americans applying for unemployment benefits rose last week but remained at historically low levels, suggesting that the job market remains strong.
Do We Need Humans For That Job? Automation Booms After Covid
Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks.
2022 Apple: Huge Innovations With New Product Categories
With 2021 coming to a close, all eyes are on where Apple is headed next.
MAGNET MILESTONES MOVE DISTANT NUCLEAR FUSION DREAM CLOSER
Teams working on two continents have marked similar milestones in their respective efforts to tap an energy source key to the fight against climate change: They’ve each produced very impressive magnets.
PLENTY OF PITFALLS AWAIT ZUCKERBERG'S ‘METAVERSE' PLAN
When Mark Zuckerberg announced ambitious plans to build the “metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real-life and create endless new playgrounds for everyone — he promised that “you’re going to able to do almost anything you can imagine.”
ROADS, TRANSIT, INTERNET: WHAT'S IN THE INFRASTRUCTURE BILL
The $1 trillion infrastructure plan that President Joe Biden plans to sign into law has money for roads, bridges, ports, rail transit, safe water, the power grid, broadband internet and more.
Can Virtual Reality Help Seniors? Study Hopes To Find Out
Terry Colli and three other residents of the John Knox Village senior community got a trip via computer to the International Space Station, a kickoff to a Stanford University study on whether virtual reality can improve the emotional wellbeing of older people.
5 Tips For Fostering A Successful Hybrid Workplace
Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted our way of working.
In Review - 2021: A CHALLENGING YEAR FOR APPLE
Whilst Apple has undoubtedly faced challenges this year amidst the coronavirus pandemic, the Cupertino company has continued to innovate in a number of key fields, pushing forward its vision for best-in-class hardware and software.
GLOBAL GLITCH: SWATHS OF INTERNET GO DOWN AFTER CLOUD OUTAGE
Dozens of websites went down briefly around the globe Tuesday, including CNN, The New York Times and Britain’s government home page, after an outage at the cloud computing service Fastly, illustrating how vital a small number of behind-the-scenes companies have become to running the internet.
AIRBUS-BOEING DEAL EASES US EU TENSIONS BUT CONFLICTS REMAIN
The deal the United States and the European Union reached this week to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs.
DOGECOIN: THE NEW BITCOIN IS HAPPENING RIGHT NOW
With more than 47 million Twitter followers, Elon Musk holds a great deal of influence in the world of tech and cryptocurrency, proven by Dogecoin’s meteoric growth in recent weeks. A single tweet from Musk sparked overnight interest in the currency, first released in 2013, and now has investors taking it seriously. The payment system, developed by Billy Markus and Jackson Palmer, reached a market capitalization of $5,382,875,000 in January, and with its value growing rapidly, it’s a genuine Bitcoin alternative. Now could be the time to invest...
WILL GYMS GO THE WAY OF ARCADES AND MOVIE RENTAL STORES?
Going to the gym was always part of Kari Hamra’s routine until last year’s government ordered shutdowns forced her to replace the workouts with daily rides on her Peloton stationary bike.
TALK SAFER: APPS TAKE PRIVACY FIGHT TO FACEBOOK AND GOOGLE
As messaging giant WhatsApp prepares to hand over more data to Facebook, users are flocking to rival services in protest, with Signal jumping from 250,000 downloads on the App Store a week to almost 10 million. The move sparks debate over the relationships we hold with the world’s biggest technology companies and a new war on privacy is rearing its head.
MUSIC: CLIMBING THE CHARTS TO BECOME NUMBER ONE
Though Apple Music may still be playing catchup to Spotify in terms of users, new data from the Mechanical Licensing Collective has revealed Apple is the industry leader when it comes to royalties, demonstrating the company’s commitment to paying talent. As Apple continues to expand its services, the future looks bright, with new Music innovations coming their way.
YOU: INTERFACE DEEPER INTEGRATION IS COMING. JUST FOR YOU
According to a new study from WhistleOut, the average consumer spends an eye-watering nine years of their lives looking at their smartphones, and that’s without mentioning the use of computers, televisions, and other devices that increasingly control our lives.
FED TO ACCELERATE WITHDRAWAL OF ECONOMIC AID AS PRICES SURGE
Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest-rate policies with inflation accelerating and unemployment falling faster than expected.
EU PLAN FOR SWEEPING UPDATE OF BIG TECH RULES GAINS MOMENTUM
The European Union’s ambitious plan to update its pioneering internet rules gained momentum Tuesday after a key committee passed measures requiring technology companies to better police content and lawmakers prepared to vote on regulations to rein in Big Tech.
EX-NETFLIX EXECUTIVE GETS PRISON FOR ACCEPTING TECH BRIBES
A former Netflix executive was sentenced this week to 2 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.