Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic. Volkswagen AG said Friday it will buy control of its electric vehicle venture with a Chinese partner in a 1 billion […]
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By ZEKE MILLER Associated Press WASHINGTON (AP) — President Donald Trump escalated his war on Twitter and other social media companies Thursday, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet. Announced with fanfare, the president’s action yet appeared to be more about politics […]
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s largest newspaper publisher, News Corp., announced on Thursday that most of its suburban and regional mastheads across the country will become digital-only next month due to the pandemic and digital platforms sharing their content. News Corp. Australasia executive chairman Michael Miller described the shift that […]
By TALI ARBEL AP Technology Writer Is a pandemic the perfect time to launch a new and relatively expensive streaming service? AT&T sure hopes so. The phone company is investing billions in HBO Max, its first big entertainment venture since it spent $85 billion for Time Warner in 2018. The good news for its timing: […]
By JIM MORRIS Associated Press VANCOUVER, British Columbia (AP) — A top executive of Chinese tech giant Huawei is scheduled to learn Wednesday if a U.S extradition case against her can proceed. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder, at Vancouver’s airport in late 2018. The U.S. wants her extradited to face fraud […]
By BARBARA ORTUTAY and DINO HAZELL Associated Press For the first time, Twitter has flagged some of President Donald Trump’s tweets with a fact-check warning. On Tuesday, Twitter added a warning phrase to two Trump tweets that called mail-in ballots “fraudulent” and predicted that “mail boxes will be robbed,” among other things. Under the tweets, […]
By JOE McDONALD AP Business Writer BEIJING (AP) — One of China’s biggest tech companies has criticized the Trump administration for “politicizing business” after it slapped export sanctions on 33 more Chinese enterprises and government entities. The new measures announced Friday expanded a U.S. campaign against Chinese companies Washington says might be security threats or […]
By DEE-ANN DURBIN AP Business Writer Three months ago, Airbnb co-founder and CEO Brian Chesky was working on the financial filings for the company’s hotly anticipated initial public offering. He had just returned from Palm Springs, California, and was planning a spring vacation with college pals. But the coronavirus upended global travel — and all […]
By The Associated Press undefined The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: —UN warns cybercrime on rise during pandemic. —South Korea reports […]
>By JAKE BLEIBERG Associated Press DALLAS (AP) — The potential jurors popped onto the screen one by one. They confirmed their names and told the judge how they were connecting to the court: on laptops, tablets and iPhones. There were some wireless issues and camera problems, but eventually 26 Texans in separate boxes raised their […]