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CHINA PROPOSES TO LIMIT CHILDREN'S SMARTPHONE TIME TO A MAXIMUM OF 2 HOURS A DAY
China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games.
CFPB SUES AUTO DEALER FOR ILLEGALLY LOCKING CARS.RE-POSSESSING VEHICLES. OTHER SHADY ACTIVITIES
The Consumer Financial Protection Bureau on Wednesday sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South, alleging the company committed a laundry list of illegal practices, like disabling borrowers’ cars, double-billing customers, and illegally repossessing cars.
HYUNDAI AND KIA RECALL NEARLY 92.000 VEHICLES AND TELL OWNERS TO PARK THEM OUTSIDE DUE TO FIRE RISK
Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires.
DOORDASH HITS RECORD FOR ORDERS, REVENUE IN SECOND QUARTER
DoorDash set records for total orders and revenue in the second quarter as its grocery and convenience deliveries accelerated and it improved driver efficiency.
SAUDI ARABIA IS SPENDING BILLIONS TO BECOME A GLOBAL GAMING HUB.SOME FANS DON'T WANT TO PLAY
Saudi Arabia, the new home of some of soccer’s biggest stars and a co-owner of professional golf, is proving to be no less ambitious when it comes to another global pastime – the $180 billion-a-year video game industry
HOUSE REPUBLICANS PLAN TO HOLD META'S MARK ZUCKERBERG IN CONTEMPT OF CONGRESS
The Republican chairman of the House Judiciary Committee is threatening to hold Meta CEO Mark Zuckerberg in contempt of Congress for failing to supply documents related to an investigation into supposed censorship by tech companies of conservatives
GOOGLE REBOUNDS FROM UNPRECEDENTED DROP IN AD REVENUE WITH A RESURGENCE THAT PUSHES STOCK HIGHER
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape
IN 'BARBIE.'OPPENHEIMER' SMASH SUCCESS, AUDIENCES SEND MESSAGE TO HOLLYWOOD: GIVE US SOMETHING NEW
In the massive movie weekend of “Barbie” and “Oppenheimer,” there were many winners. Greta Gerwig, who made history for female directors
SHE'S PERFECT BARBIE. HE'S SCENE-STEALING KEN. THEIR LIFE IN PLASTIC LOOKS FANTASTIC
For someone who’s 11.5 inches tall and weighs under 8 ounces, poor Barbie’s had to carry an awfully heavy load over the years on that slender, plastic back of hers
CONGRESS URGED TO REVIVE LONG-STALLED DEBATE ABOUT REGULATING SELF-DRIVING VEHICLES
Advocates for the self-driving vehicle industry warned that years of regulatory inaction is putting American manufacturers at a competitive disadvantage and urged Congress to expand their ability to test and eventually sell autonomous cars and trucks
HEAD OF US CYBERSECURITY AGENCY SEES PROGRESS ON ELECTION SECURITY, WITH MORE WORK NEEDED FOR 2024
Efforts to protect the nation’s election systems have grown exponentially since the 2016 presidential election, but more is needed to defend the integrity and resiliency of the election process ahead of next year’s vote, the head of the nation’s cybersecurity agency said this week
SALESFORCE CEO SHARES HIS PREDICTIONS FOR AI AND THE FUTURE OF WORK
Salesforce founder and CEO Marc Benioff has become something of a vanishing breed during the nearly quarter century he has been running the company that pioneered the concept of selling software as an online subscription
STELLANTIS TO BUILD SECOND US ELECTRIC VEHICLE BATTERY PLANT IN JOINT VENTURE WITH SAMSUNG
Stellantis says it will build a second U.S. electric vehicle battery factory in a joint venture with Samsung
SAMSUNG UNVEILS TWO NEW FOLDABLE SMARTPHONES IN A BET ON DEVICES WITH BENDING SCREENS
Samsung Electronics unveiled two foldable smartphones as it continues to bet on devices with bending screens, a budding market that has yet to fully take off because of high prices
MICROSOFT REPORTS $20.1B QUARTERLY PROFIT AS IT PROMISES TO LEAD 'THE NEW AI PLATFORM SHIFT
Microsoft reported a 20% spike in quarterly profits this week, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology
AMAZON, GOOGLE, META, MICROSOFT AND OTHER TECH FIRMS AGREE TO AI SAFEGUARDS SET BY THE WHITE HOUSE
President Joe Biden said that new commitments by Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology to meet a set of AI safeguards brokered by his White House are an important step toward managing the “enormous” promise and risks posed by the technology
Apple Store - THE IN-STORE EXPERIENCE REIGNS SUPREME
When it comes to technology and innovation, nobody does it better than Apple
NEW SEC RULE REQUIRES PUBLIC COMPANIES TO DISCLOSE CYBERSECURITY BREACHES IN 4 DAYS
The Securities and Exchange Commission adopted rules Wednesday to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines
ELON MUSK REVEALS NEW X LOGO TO REPLACE TWITTER'S BLUE BIRD
Elon Musk has unveiled a new “X” logo to replace Twitter’s famous blue bird as he follows through with a major rebranding of the social media platform he bought for $44 billion last year
US ECONOMY UNEXPECTEDLY ACCELERATED TO A 2.4% GROWTH RATE IN APRIL-JUNE QUARTER DESPITE FED HIKES
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation
AS E-BIKES PROLIFERATE, SO DO DEADLY FIRES BLAMED ON EXPLODING LITHIUM-ION BATTERIE
The explosion early on a June morning ignited a blaze that engulfed a New York City shop filled with motorized bicycles and their volatile lithium-ion batteries
ELON MUSK WANTS TO TURN TWEETS INTO 'X'S'.BUT CHANGING LANGUAGE IS NOT QUITE SO SIMPLE
Elon Musk may want to send “tweet” back to the birds, but the ubiquitous term for posting on the site he now calls X is here to stay — at least for now
NEW ELECTRIC VEHICLE CHARGING NETWORK BEING BUILT BY MAJOR AUTOMAKERS COULD LURE MORE BUYERS TO EVS
The announcement Wednesday that seven major automakers are joining to build a large North American electric vehicle charging network should pull people off the sidelines to at least consider shifting away from gas-powered vehicles
'Oppenheimer' Stirs Up Conflicted History for Los Alamos and New Mexico Downwinders
The movie about a man who changed the course of the world’s history by shepherding the development of the first atomic bomb is expected to be a blockbuster, dramatic and full of suspense.
LAWMAKERS APPROVE BILL ALLOWING FRENCH POLICE TO LOCATE SUSPECTS BY TAPPING THEIR DEVICES
French lawmakers on Tuesday adopted a sweeping justice reform bill that includes a provision to allow law enforcement agents to remotely tap into the cameras, microphones and location services of phones and other internet-connected devices of some suspected criminals.
TIKTOK NEEDS TO DO MORE TO COMPLY WITH EUROPE'S NEW DIGITAL RULES, OFFICIAL SAYS
TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said this week.
HOW DOES MLB TAKE OVER A LOCAL BROADCAST? EVEN WITH MONTHS OF PLANNING, IT'S A MAD SCRAMBLE
Doug Johnson was answering emails at the Miami East hotel on May 30 when his phone rang with the call he had been awaiting for more than two months: Major League Baseball was taking over San Diego Padres’ television broadcasts the next day from financially troubled Diamond Sports.
META FACES $100K DAILY FINE FROM NORWAY REGULATOR OVER PRIVACY CONCERNS IN USER ADVERTISING
Meta will face a hefty fine over advertising practices that violate user privacy, Norway’s data protection authority said this week, unless the Facebook and Instagram owner takes action to comply with the law.
SPAIN FINES APPLE & AMAZON $218 MILLION FOR ELBOWING OUT SMALL RETAILERS
Amazon and Apple were fined a total of 194 million euros ($218 million) this week for colluding to box out competitors by favoring sales of Apple products directly from the online retail giant, Spain’s antitrust watchdog said.
COST FOR BASE F-150 LIGHTNING ELECTRIC VEHICLE FALLS BELOW $50,000 AS FORD CUTS PRICES SUBSTANTIALLY
The sticker price on Ford’s F-150 Lightning electric pickup is being lowered by thousands of dollars due to increased plant capacity, falling costs for battery raw materials and internal efforts to scale production by the Detroit automaker.