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SHOULD YOU BANK WITH YOUR BROKERAGE?
If you’ve invested with a brokerage firm in recent years, you may have noticed that your brokerage offers a product called a cash management account.
SHOPPERS ARE BACK IN STORE, ONLINE, BUT VIRUS IMPACT LINGERS
Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.
TESLA OFFICIALLY MOVES HEADQUARTERS FROM CALIFORNIA TO TEXAS
Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.
UK COMPETITION WATCHDOG ORDERS FACEBOOK TO SELL OFF GIPHY
The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images.
SCIENCE REPORT: US SHOULD MAKE LESS PLASTIC TO SAVE OCEANS
America needs to rethink and reduce the way it generates plastics because so much of the material is littering the oceans and other waters, the National Academy of Sciences says in a new report.
MERCEDES, STELLANTIS TO WORK WITH US FIRM ON NEW BATTERIES
Automakers Mercedes-Benz and Stellantis announced agreements with U.S. company Factorial Energy this week to help develop solid-state battery technology that they hope could make electric cars more attractive to a mass market.
FROM SQUARE TO BLOCK: ANOTHER TECH COMPANY CHANGES ITS NAME
There’s a new Silicon Valley corporate name change on the block.
GM CITES IMPROVED CHIP SUPPLY IN RAISING FINANCIAL GUIDANCE
Citing an improved supply of automotive computer chips, General Motors raised its financial guidance on Wednesday and said it expects to return to a normal production rate by the end of next year.
DATA HACKED FOR 400,000 PLANNED PARENTHOOD LA PATIENTS
The Los Angeles branch of Planned Parenthood was hit by a data breach involving about 400,000 patients, but there is no indication that the information was used “for fraudulent purposes,” the group said.
Under Pressure, Apple Allows Self-repairs to Iphones, Macs
Apple is letting some iPhone users fix their own phones, a sharp turnaround for a company that has long prohibited anyone but company-approved technicians from fiddling with its proprietary parts and software.
African Internet Riches Threatened by Lawsuit and Corruption
Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different.
LAUNCH OF NEW NASA SPACE TELESCOPE DELAYED AFTER INCIDENT
The European Space Agency says the launch of a new NASA telescope to replace the famed Hubble observatory is being postponed to allow experts to check the device for possible damage following an incident at its spaceport in French Guiana.
IS TRAVEL SAFE DURING THE PANDEMIC THIS HOLIDAY SEASON?
Is travel safe during the pandemic this holiday season?
NASA LAUNCHES SPACECRAFT TO TEST ASTEROID DEFENSE CONCEPT
NASA launched a spacecraft Tuesday night on a mission to smash into an asteroid and test whether it would be possible to knock a speeding space rock off course if one were to threaten Earth.
ITALIAN COMPETITION WATCHDOG FINES APPLE, AMAZON $225M
Italy’s antitrust watchdog has fined Apple and Amazon a total of more than 200 million euros ($225 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union rules.
US FUND KKR INTERESTED IN ITALIAN TELECOMS GIANT TIM
The Italian telecommunications company TIM is assessing a non-binding “indication of interest” by the U.S. investment fund KKR to acquire the entire capital share, a potential 11 billion-euro deal.
JAPAN, VIETNAM LOOK TO CYBER DEFENSE AGAINST CHINA
Japan and Vietnam signed a cybersecurity agreement as the two Asian nations rapidly step up their military ties amid concerns over China’s growing assertiveness.
NASA SEEKS IDEAS FOR A NUCLEAR REACTOR ON THE MOON
If anyone has a good idea on how to put a nuclear fission power plant on the moon, the U.S. government wants to hear about it.
NEW MEXICO EES TV TECH AS ONE FIX TO K-12 INTERNET DIVIDE
Internet problems continue to slow down many students in the U.S. state of New Mexico, but a pilot project using TV signals to transmit computer files may help.
WHATSAPP PUSHES PRIVACY UPDATE TO COMPLY WITH IRISH RULING
WhatsApp is adding more details to its privacy policy and flagging that information for European users, after Irish regulators slapped the chat service with a record fine for breaching strict EU data privacy rules.
Bill Gates Venture Picks Wyoming City for Sodium Nuke Plant
A small city in the top U.S. coal-mining state of Wyoming will be home to a Bill Gates-backed experimental nuclear power project near a coalfired power plant that will soon close, officials announced Tuesday.
Biden Administration Launches Series on Arctic Energy
Members of the Biden administration launched a series of events aimed at exploring the Arctic’s potential to act as a “living laboratory of clean energy innovation.”
STAPLES CENTER IS CHANGING ITS NAME TO CRYPTO.COM ARENA
Staples Center is getting a new name. Starting Christmas Day, it will be Crypto.com Arena.
CHARITIES SEE MORE CRYPTO DONATIONS. WHO IS BENEFITING?
As the biggest cryptocurrencies flirt with record high values, they’re increasingly becoming bigger sources of revenue for charities.
SPACEX'S MUSK: 1ST STARSHIP TEST FLIGHT TO ORBIT IN JANUARY
SpaceX founder Elon Musk said that his company will attempt to launch its futuristic, bullet-shaped Starship to orbit in January, but he’s not betting on success for that first test flight.
EU OPENS DOOR TO GIVING AID FOR SEMICONDUCTOR PRODUCTION
The European Commission said Thursday that it could approve aid to fund production of semiconductors in the 27-nation bloc amid a global chip shortage and intense worldwide competition to fill the need.
RISING PRICES THREATEN PROFIT MARGINS AT FOOD COMPANIES
Albertsons, Mondelez and Kroger are among a wide range of companies whose profits could be squeezed from rising food prices if inflation keeps running hot.
ELECTRIC VEHICLES GET SPOTLIGHT AT LOS ANGELES AUTO SHOW
Battery-powered vehicles will get top billing at the Los Angeles Auto Show, which opens this week after a year’s hiatus due to the novel coronavirus.
AMID CRYPTO'S WILD WEST, BINANCE SAYS A SHERIFF IS NEEDED
The cryptocurrency market gets likened to the Wild West by critics, and now a key player is asking for sheriffs to come to town.
After Twitter Poll, CEO Musk Sells Off $5b in Tesla Shares
After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker’s stock, raising over $5 billion.