The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position. Tai is considered a problem-solving pragmatist, and her nomination by President Joe Biden to be U.S. trade representative drew support […]
Search results for "big tech"
Organizers trying to form the first union at an Amazon warehouse are getting support from another big name: Black Lives Matter. The group plans to hold an event Saturday near the warehouse in Bessemer, Alabama, making it the latest high-profile supporter of the union push, which is the biggest in Amazon’s nearly 30-year history. Most […]
Japan’s postal system is investing 150 billion yen ($1.4 billion) in an 8% stake in the e-commerce venture Rakuten to strengthen a partnership in deliveries, fintech and other areas. Rakuten’s shares shot up 8.6% in Tokyo trading Friday on news of the tie-up with Japan Post. Japan Post’s gained 4.9%. Japan Post Holdings President Hiroya […]
President Joe Biden’s bid to tackle climate change is running straight through the heart of the U.S. oil and gas industry — a much bigger, more influential foe than Democrats faced when they took on the coal industry during the Obama years. Coal dominated U.S. power generation for decades, with the bulk of that fuel […]
Not so long ago, Bitcoin had been the talk of the town within the tech circle, mainly due to the level of complexity in understanding its inner workings by the common consumer-base. Currently, however, Bitcoin has ignited a frenzy among anyone looking to make extra money on the side by either investing or mining the […]
China’s No. 2 leader set a healthy economic growth target Friday and vowed to make this nation self-reliant in technology amid tension with Washington and Europe over trade and human rights. Another official announced plans to tighten control over Hong Kong by reducing the public’s role in government. The ruling Communist Party aims for growth […]
Of the various social networking apps that have made it easier to stay connected amid the pandemic, one of the social platforms that stands out is Soul App; a Shanghai-based application has recently come to North America, Japan, and South Korea. The latest trend, such as the fast-growing Clubhouse app highlights an emerging social media […]
Britain’s treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and temporary tax cuts to help workers and businesses in his annual budget. Chancellor of the Exchequer Rishi Sunak told the House of Commons that it is too […]
Google says it won’t develop new ways to follow individual users across the internet after it phases out existing ad-tracking technology from its Chrome browser, a change that could shake up the online advertising industry. Google says it’s taking the move to protect user privacy. It’s part of a broader shift in the industry as […]
President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more. Gary Gensler, who was a chair of the Commodity Futures Trading Commission during the Obama administration, […]