IBM’s consumer survey released Thursday adds to the growing amount of data showing optimism as the world slowly emerges from the pandemic. The study shows that global consumer confidence is high, “with more than half of respondents surveyed saying that they expect COVID-19 vaccines to keep them protected,” the company said. According to IBM’s study […]
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As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and entertain us in a world increasingly dependent on technology. The shortage has already been rippling through various markets since last summer. It has made it […]
The U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome Powell said Thursday. But he cautioned that not all will immediately benefit. “There are a number of factors that are coming together to support a brighter outlook for the U.S. economy,” Powell said […]
As global vaccination regimes and stimulus programs begin to hit beleaguered populations, the worldwide economy licks its wounds and readies up for acceleration, following the profound halt caused by the pandemic. According to the International Monetary Fund (IMF), both factors mentioned will push growth to a record high this year in a powerful rebound from […]
The foundation of the case against the former Minneapolis police officer charged with killing George Floyd is a mountain of video evidence, but presenting that to jurors isn’t as easy as pushing play. Over and over, prosecutors have shown video from surveillance cameras, bystanders’ cellphones and police body and dash cameras, and have asked witnesses […]
A few days following the massive Facebook data leak, LinkedIn becomes the second social networking platform hit with a data leak encompassing millions of accounts, CyberNews reported on Thursday. The leak’s huge scope was discovered by CyberNews when an individual selling the data on a hacker forum claims it was scraped from 500 million LinkedIn […]
A civil rights group is suing Facebook and its executives, saying CEO Mark Zuckerberg made “false and deceptive” statements to Congress when he said the giant social network removes hate speech and other material that violates its rules. The lawsuit, filed by Muslim Advocates in Washington, D.C., Superior Court on Thursday, claims Zuckerberg and other […]
The Biden administration has added seven Chinese supercomputer research labs and manufacturers to a U.S. export blacklist in a spreading conflict with Beijing over technology and security. The measure announced Thursday is the latest sign President Joe Biden is sticking to the tough line taken by his predecessor, Donald Trump, toward Chinese tech industries seen […]
A top official at the European Medicines Agency says there’s a causal link between AstraZeneca’s coronavirus vaccine and rare blood clots, but that it’s unclear what the connection is and that the benefits of taking the shot still outweigh the risks of getting COVID-19. Marco Cavaleri, head of health threats and vaccine strategy at the […]
Head of Virgin Media Lutz Schuler will head a merger between both VM and O2 UK, making it the UK’s largest mobile network operator, as it seeks regulatory approval by the Competition and Markets Authority (CMA) for the $42.67 billion tie-up, both companies said on Wednesday. Schuler’s appointment, who joined Virgin Media in 2018 as […]