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AMAZON TO ALLOW US CUSTOMERS TO PAY WITH VENMO
Amazon is rolling out a feature that allows shoppers to pay for items using their Venmo accounts.
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Powering the future of home entertainment
RECORD NUMBER OF AMERICANS HAVE BANK ACCOUNTS, GOV’T SAYS
The number of Americans who do not have a bank account fell to a record low last year, as the proliferation of online-only banks and an improving economy is bringing more Americans into the traditional financial system.
EPA AWARDING NEARLY $1 BILLION TO SCHOOLS FOR ELECTRIC BUSES
Nearly 400 school districts spanning all 50 states and Washington, D.C., along with several tribes and U.S. territories, are receiving roughly $1 billion in grants to purchase about 2,500 “clean” school buses under a new federal program.
REVIEW: FORD LIGHTNING VS RIVIAN RIT
Tesla, the first high-volume EV maker, was early to promise a zero-emission pickup, but it was Rivian, an American startup, that delivered the first mass-production EV truck. With impressive range, dazzling performance and innovative features, the R1T has attracted both conventional truck shoppers and early adopters.
RENTERS FACE CHARGING DILEMMA AS U.S. CITIES MOVE TOWARD EVS
Stephanie Terrell bought a used Nissan Leaf this fall and was excited to join the wave of drivers adopting electric vehicles to save on gas money and reduce her carbon footprint.
GLOBAL CRISES CAN SPEED UP MOVE TO CLEAN ENERGY
Spiraling energy costs caused by various economic factors and the Ukraine war could be a turning point toward cleaner energy, the International Energy Agency said in a report. It found the global demand for fossil fuels, including coal, oil, and natural gas, is set to peak or plateau in the next few decades.
HARD-DRIVE MAKER SEAGATE TECH FACES CHINA SANCTIONS WARNING
Seagate Technology said Thursday the U.S. Department of Commerce has warned it may charge the computer hard-drive maker with violating restrictions on exports of high-tech products to China.
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.