U.S. stock index futures edged higher on Wednesday, with investors bracing for consumer prices data that is expected to show an almost four-decade high in December, while big technology stocks bounced after a bruising selloff at the start of the year. Growth and technology stocks, hit by rising Treasury yields and hawkish commentary from the […]
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Wall Street’s main indexes tumbled on Monday with Nasdaq leading the declines as technology stocks dropped on expectations of a sooner-than-expected rate hike that pushed U.S. Treasury yields to fresh two-year highs. While the Nasdaq pared its losses in the afternoon session it had earlier fallen as much as 10.37 percent below its intraday record […]
Asian stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. Tokyo and Seoul declined while Shanghai and Hong Kong advanced. Wall Street gained Wednesday for its 70th record high of 2021. Optimism was tempered by data showing new U.S. virus cases have risen […]
Robotic vacuum cleaners wouldn’t start. Doorbell cameras stopped watching for package thieves, though some of those deliveries were canceled anyway. Netflix and Disney movies got interrupted and The Associated Press had trouble publishing the news. A major outage in Amazon’s cloud computing network on Dec. 7 severely disrupted services at a wide range of U.S. […]
Proposed British rules aimed at cracking down on harmful online content should be beefed up with tougher measures like making it illegal to send unsolicited graphic images, requiring porn sites to ensure children can’t gain access and moving faster to hold tech executives criminally liable for failing to uphold the regulations, lawmakers said in a […]
The company that runs the philanthropy of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is investing up to $3.4 billion to advance human health over 10 to 15 years, according to a spokesperson for the organization. The Chan Zuckerberg Initiative, or CZI, announced Tuesday its new effort is aiming to “observe, measure, and […]
When looking at any timeline’s history, you will find a turning point along its development; either it propels the timeline into the next frontier or brings it to a screeching halt. Modern technology’s explosion into the data age was set in 2007. A year that set the tone for generations to come, birthing giants, affecting […]
A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the latest sign of just how concentrated the business of keeping the internet running has become. The incident at Amazon Web Services mostly affected the eastern U.S., but still impacted everything […]
Instagram on Tuesday launched a feature that urges teenagers to take breaks from the photo-sharing platform and announced other tools aimed at protecting young users from harmful content on the Facebook-owned service. The previously announced “Take A Break” feature encourages teens to stop scrolling if they have been on the social media platform for a […]
Ex-Facebook employee and whistleblower Frances Haugen implored lawmakers Wednesday to avert the usual congressional stalemates as they weigh proposals to curb abuses on social media platforms by limiting the companies’ free-speech protections against legal liability. Still, Haugen urged caution in making changes to the 1996 law that provides legal protection both for content the platforms […]