In this article FB AMZN Washington, DC Attorney General Karl Racine speaks after a news conference in front of the U.S. Supreme Court September 9, 2019 in Washington, DC. Alex Wong In his battles with Big Tech, District of Columbia Attorney General Karl Racine sees his office as something of an underdog. “In a real
Technology
In this article AMZN Jason Anthony, a member of Amazon Labor Union, speaks to members of the media during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, U.S., on Friday, April 1, 2022. Jeenah Moon | Bloomberg | Getty Images Employees at an Amazon warehouse on New York’s
Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Facebook parent Meta has lost some of its top artificial intelligence scientists this year as the company continues its pivot toward the metaverse. At least four prominent members of Meta
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Employees at an Amazon warehouse on New York’s Staten Island were leaning towards unionizing as of Thursday afternoon. According to preliminary results
A shelter construction covers the exploded reactor at the Chernobyl nuclear plant, in Chernobyl, Ukraine, on April 27, 2021. Efrem Lukatsky | AP Russian troops that took over the Chornobyl nuclear power plant last month have transferred control back to Ukraine, the International Atomic Energy Agency said Thursday, citing information from Ukraine. Multiple convoys of
A Bitcoin logo inside a BitBase cryptocurrency exchange in Madrid, Spain, on Thursday, March 17, 2022. Angel Navarrete | Bloomberg | Getty Images One in five Americans has invested in, traded or used cryptocurrency, a new NBC News poll found, another sign that digital assets continue to get more popular even as lawmakers warn of
In this article GOOGL AMZN The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. Charles Platiau | Reuters Clay Montgomery owns a small blacksmith shop called “Arrow M Enterprises” outside of Mingus, Texas, where he manufactures hand-forged metal works and
SAM YEH | AFP | Getty Images Arm is set to transfer shares in its renegade China joint venture to a special purpose vehicle owned by parent company SoftBank, according to reports from The Financial Times and Bloomberg on Tuesday which cited people familiar with the matter. Arm currently holds a 47.3% equity stake in
In this article AAPL CEO of Apple Tim Cook attends the 2022 Vanity Fair Oscar Party following the 94th Oscars at the The Wallis Annenberg Center for the Performing Arts in Beverly Hills, California on March 27, 2022. Patrick T. Fallon | AFP | Getty Images Apple shares rose on Tuesday, putting them on track
Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is
In this article AAPL Tim Cook at the Apple launch event, March 8, 2022 Apple Apple is scaling back production of its new budget iPhone SE due to weaker-than-expected demand, Nikkei Asia reported Monday. The company has reportedly asked suppliers to cut production of the iPhone SE, its new $429 budget 5G phone, by about
Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters On Friday afternoon, a stream of Amazon workers exited a sprawling warehouse on New York’s Staten Island after wrapping up the daytime
A visual representation of Bitcoin. Edward Smith | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar with the matter. British Finance Minister Rishi Sunak is expected to make an announcement in
In this article UBER Peter Summers | Getty Images LONDON — Uber has secured a 30-month license to continue operating in London, ending a protracted battle with city regulators over whether the ride-hailing app was “fit and proper.” “Uber has been granted a London private hire vehicle operator’s license for a period of two and
In this article GOOGL A technician gets cabling out of his truck to install Google Fiber. George Frey | Reuters Google Fiber contractors in Kansas City, Missouri voted to unionize Friday, becoming the first workers with bargaining rights under the Alphabet Workers Union. The group of 10 full-time workers are employed by BDS Connected Solutions
In this article SPOT Spotify app Jaap Arriens | NurPhoto | Getty Images Spotify said Friday it’s pulling out of Russia entirely because recent laws restricting news operations could put the streamer’s employees and listeners at risk. It expects operations to be fully suspended by the end of April. Spotify’s decision to pull out of
In this article FB AAPL AMZN GOOGL Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of U.S. technology giants Meta, Apple, Amazon
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google executives, facing a barrage of criticism from employees on issues related to compensation, defended the company’s competitiveness at a recent all-hands meeting while acknowledging that the performance review process could change. The companywide virtual gathering earlier this month followed the release of
The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Jonathan Ernst | Reuters The Securities and Exchange Commission on Monday released a proposal for new rules that would require companies to disclose their risks related to climate change and their greenhouse gas emissions. It will be
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