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JAPAN'S MITSUBISHI, ENERGY BODY JOIN GATES' NUCLEAR PROJECT
Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates.
PICASSO HEIRS LAUNCH DIGITAL ART PIECE TO RIDE ‘CRYPTO' WAVE
Pablo, meet Crypto. Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly — riding a fad for “crypto” assets that have taken the art and financial worlds by storm.
NORTH CAROLINA CHOSEN FOR SUPERSONIC PASSENGER JET PLANT
A Colorado-based aviation company announced this week that it has chosen a North Carolina airport as the manufacturing site for next-generation supersonic passenger jets.
HOT STUFF: LAB HITS MILESTONE ON LONG ROAD TO FUSION POWER
With 192 lasers and temperatures more than three times hotter than the center of the sun, scientists hit — at least for a fraction of a second — a key milestone on the long road toward nearly pollution-free fusion energy.
DC, 3 STATES SUE GOOGLE SAYING IT INVADES USERS' PRIVACY
The District of Columbia and three states are suing Google for allegedly deceiving consumers and invading their privacy by making it nearly impossible for them to stop their location from being tracked.
TESLA POSTS RECORD PROFIT, WON'T PRODUCE NEW MODELS IN 2022
Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry.
‘SOLD BY AMAZON' PROGRAM ENDS FOLLOWING STATE INVESTIGATION
Amazon will end its “Sold by Amazon” program after an investigation by Washington state’s attorney general found it was anticompetitive and violated antitrust laws, according to court documents filed this week.
Q&A: INTERNET GUARDIAN RON DEIBERT OF CITIZEN LAB
The internet watchdog Citizen Lab has been remarkably effective in calling to account governments and private sector firms that use information technology to put people in peril.
UK'S BENTLEY POURING BILLIONS INTO ELECTRIC CAR OVERHAUL
Luxury automaker Bentley said this week it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines.
David Bowie's Extensive Music Catalog Is Sold to Warner
The extensive music catalog of David Bowie, stretching from the late 1960s to just before his death in 2016, has been sold to Warner Chappell Music.
After Wave of Cancellations, Delta Sees Recovery in 2022
Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer.
19-year-old Woman Sets Record For Solo Global Flight
Home! And no longer alone.
RED CROSS: HACK EXPOSES DATA ON 515,000 VULNERABLE PEOPLE
The International Committee of the Red Cross, which is best known for helping war victims, says hackers broke into servers hosting its data and gained access to personal, confidential information on more than a half-million vulnerable people.
LAWSUIT: GOOGLE, FACEBOOK CEOS COLLUDED IN ONLINE AD SALES
Newly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online advertising sales. The CEOs of both companies were aware of the deal and signed off on it, the lawsuit alleges.
NETFLIX UPPING US, CANADA PRICES WITH COMPETITION GROWING
Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.
WHY AIRLINES FEAR 5G WILL UPEND TRAVEL THIS WEEK
AT&T will postpone new wireless service near some airports planned for this week after the nation’s largest airlines said the service would interfere with aircraft technology and cause massive flight disruptions.
MICROSOFT BUYS GAME MAKER ACTIVISION BLIZZARD FOR ABOUT $70B
Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, to boost its competitiveness in mobile gaming and virtual-reality technology.
AMERICAN AIRLINES REPORTS $931 MILLION FOURTH-QUARTER LOSS
American Airlines lost $931 million in the fourth quarter and the omicron variant of COVID-19 is delaying its recovery from nearly two years of pandemic.
HOW TO CRUSH YOUR HOLIDAY DEBT
The holidays have left without a trace. Well, almost. Long after the decorations have come down, you still have debt hanging around.
FBI, US AGENCIES LOOK BEYOND INDICTMENTS IN CYBERCRIME FIGHT
The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the head of the bureau’s cyber division said in an interview.
AMAZON PLANS A CLOTHING STORE FOR A SOUTHERN CALIFORNIA MALL
Amazon says it plans to open a clothing store in a Southern California mall later this year, a first for the online behemoth and a fresh challenge for already struggling traditional retailers.
AMAZON PLANS TO OPEN NEW CENTRAL INDIANA WAREHOUSE THIS YEAR
Mayor Steve Barnett said the exact number of expected jobs has not yet been shared with the city, the Daily Journal reported. City officials said the warehouse will receive inventory and workers will sort and ship orders.
FACT CHECKERS SAY YOUTUBE LETS ITS PLATFORM BE ‘WEAPONIZED'
More than 80 fact-checking organizations are calling on YouTube to address what they say is rampant misinformation on the platform.
HONDA EXEC: HIGH AUTO PRICES MAY DROP, BUT NOT DRAMATICALLY
Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it’s starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year’s numbers.
SPACE TELESCOPE'S EYE' OPENS, LAST MAJOR HURDLE ‘GOLDEN
NASA’s new space telescope opened its huge, gold-plated, flower-shaped mirror Saturday (08), the final step in the observatory’s dramatic unfurling.
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.