In this article TSLA A Tesla Model Y electric vehicle is dispalyed on a showroom floor at the Miami Design District on October 21, 2021 in Miami, Florida. Joe Raedle | Getty Images On Friday, Tesla CEO Elon Musk announced on Twitter that the company will raise the price of its premium driver assistance package,
Technology
Amazon fulfillment center warehouse. Getty Images Amazon is cutting paid leave time for U.S. front-line workers who test positive for Covid-19 or have to quarantine after exposure to the virus. Amazon said all U.S. workers who test positive for Covid-19 and those required to quarantine will now be eligible for one week, or up to
As the Central Asian nation of Kazakhstan plunged into chaos this week, an internet shutdown hit the world’s second-biggest bitcoin mining hub, in yet another blow to miners searching for a permanent and stable home. Less than a year ago, China banished all of its cryptocurrency miners, many of whom sought refuge in neighboring Kazakhstan.
In this article AMZN RIVN R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Shares of Rivian were down another 10% to a new 52-week low on Thursday, a day
In this article AMZN Photographer: Thorsten Wagner/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Amazon shares finished 2021 as the biggest laggard among the mega-cap technology names, but there’s reason to believe 2022 could be a brighter year for the stock. Shares of Amazon rose a measly 2.4% in 2021, vastly underperforming the
In this article AMZN RIVN STLA-IT Stellantis announced on January 5, 2022, a major partnership with Amazon to connect its vehicles, including using the US giant’s AWS servers and its Alexa voice command system. Marco Bertorello | AFP | Getty Images Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide
The Cyberspace Administration of China has issued draft regulations governing how mobile apps should operate. App providers should not use their software to engage in activities that endanger national security or disrupt social order, the rules say. Qi Yang | Moment | Getty Images China’s cyberspace regulator said Wednesday that developers launching apps that have
In this article PINS Traders work after the opening bell at the New York Stock Exchange (NYSE), while the logo for Pinterest is pictured on the screens during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Shares of Pinterest dipped 10% on Tuesday and hit
This is breaking news, check back for updates. SAN JOSE, Calif. — Theranos founder Elizabeth Holmes, the one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, has been found guilty of four charges in her criminal fraud trial. The jury of eight men and four women were handed the case in mid-December after
Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, U.S., on Tuesday, Dec. 21, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — The 12 jurors tasked with deciding the fate of Elizabeth Holmes told Judge Edward Davila on Monday morning that they’re unable to come to
Employees wearing cleanroom suits walk beneath Automated Material Handling Systems (AMHS) vehicle robots moving along tracks on the ceiling inside the GlobalFoundries semiconductor manufacturing facility in Malta, New York, U.S., on Tuesday, March 16, 2021. Adam Glanzman | Bloomberg | Getty Images Chipmakers have been clear winners in the pandemic era, and the momentum in
Eric LeVine, founder and CEO of CellarTracker, visits the cellar at his Seattle home. Talia LeVine Before there was Facebook, there was CellarTracker. Eric LeVine, a former Microsoft employee who fell in love with wine on a bicycling trip in Italy, created the website for his own use in 2003 and released it to the
In this article GOOGL MSFT AAPL FB Yves Herman | Reuters 2022 is poised to be the biggest year yet for “the metaverse,” as Facebook parent Meta, Apple, Microsoft and Google gear up to release new hardware products and software services in what so far has been a niche market for early adopters. The “metaverse”
In this article AAPL GOOGL FB AMZN Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a House Energy and Commerce Committee hearing in Washington, D.C., U.S., on Wednesday, April 11, 2018. Andrew Harrer | Bloomberg | Getty Images The new year could be a pivotal one for tech policy — if
In this article FB Meta’s Oculus Quest 2 virtual reality headset. T3 Magazine | Future | Getty Images Parents who bought their children a virtual reality headset for Christmas could be in for a nasty surprise. Oculus, the VR division of Facebook parent company Meta, likely saw surging sales over the holidays, with its main
A Huawei store in Hangzhou displays the company’s newly launched foldable smartphone, the P50 Pocket, on December 23, 2021. Long Wei | Visual China Group | Getty Images BEIJING — Chinese telecommunications giant Huawei said Friday it expects revenue for this year will come in at 634 billion yuan ($99 billion), a 28.9% drop from
In this article AAPL DE It was an exciting day at iFixit in November 2021, when Apple announced its decision to release a consumer-repair policy, along with new parts, replacement screens, batteries, and service manuals for iPhones. The push from the previously reluctant Apple was seen as a major shift on the “right to repair”
A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021. Dado Ruvic | Reuters Crypto giant Binance is bolstering its presence in France after a choppy year of regulatory scrutiny. The world’s largest cryptocurrency exchange is financing a 100 million euro ($113 million) initiative with industry group France FinTech in an
In this article INTC AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple‘s decision to ditch Intel paid off this year. The pivot allowed Apple to completely rethink the Mac, which had started to
In this article TSLA Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car and solar business according