Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced Bezos, a change the company announced in February. Bezos, Amazon’s biggest shareholder with a stake worth about […]
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Last May, as Twitter was testing warning labels for false and misleading tweets, it tried out the word “disputed” with a small focus group. It didn’t go over well. “People were like, well, who’s disputing it?” said Anita Butler, a San Francisco-based design director at Twitter who has been working on the labels since December […]
Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a […]
In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and government networks to steal sensitive data for extortion routinely try to learn how much cyber […]
Content is king — if you can find it. As streaming services proliferate, it’s becoming more of a challenge to track down your favorite TV shows and blockbuster movies when streaming services can change up their offerings every month. That’s complicating life for those who know what they want to watch, but just don’t know […]
With the economy growing rapidly as it reopens from the pandemic, many employers are increasingly desperate to hire. Yet evidence suggests that as a group, the unemployed aren’t feeling the same urgency to take jobs. Many people who are out of work are either seeking higher pay than they had before or are still reluctant […]
The World Health Organization said Thursday that any COVID-19 vaccines it has authorized for emergency use should be recognized by countries as they open up their borders to inoculated travelers. The move could challenge Western countries to broaden their acceptance of two apparently less effective Chinese vaccines, which the U.N. health agency has licensed but […]
Didi Global Inc., a Chinese ride-hailing service, gained 1% Wednesday in its highly anticipated U.S. stock market debut, giving up most of a early double-digit gain. The Beijing-headquartered company’s initial public offering of 288 million shares was priced at $14 a share and opened at $16.65, up 16%. The shares closed at $14.14. Prior to […]
When a wildfire tore through Briceburg nearly two years ago, the tiny community on the edge of Yosemite National Park lost the only power line connecting it to the electrical grid. Rather than rebuilding poles and wires over increasingly dry hillsides, which could raise the risk of equipment igniting catastrophic fires, the nation’s largest utility […]
Mexico’s richest man has pledged to rebuild and pay for a segment of a Mexico City subway line that collapsed on May, killing 26 people, President Andrés Manuel López Obrador said Wednesday. López Obrador said telecom and construction magnate Carlos Slim has promised to pay for the rebuilding out of his own pocket and have […]