News

GameStop mania severely tested market system, regulator says

The U.S. stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors. But it didn’t break. That’s one of the takeaways from a report by the Securities and Exchange Commission’s staff released Monday about January’s “meme-stock” mania. As […]

Facebook plans to hire 10,000 in Europe to build 'metaverse'

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday […]

Bitcoin-mining power plant raises ire of environmentalists

An obstacle to large-scale bitcoin mining is finding enough cheap energy to run the huge, power-gobbling computer arrays that create and transact cryptocurrency. One mining operation in central New York came up with a novel solution that has alarmed environmentalists. It uses its own power plant. Greenidge Generation runs a once-mothballed plant near the shore […]

FDA panel endorses booster shot for J&J COVID-19 vaccine

U.S. health advisers endorsed a booster of Johnson & Johnson’s COVID-19 vaccine Friday, citing concern that Americans who got the single-dose shot aren’t as protected as those given two-dose brands. J&J told the Food and Drug Administration that an extra dose adds important protection as early as two months after initial vaccination — but that […]

China crackdown on Apple store hits holy book apps, Audible

Amazon’s audiobook service Audible and phone apps for reading the holy books of Islam and Christianity have disappeared from the Apple store in mainland China, the latest examples of the impact of the country’s tightened rules for internet firms. Audible said Friday that it removed its app from the Apple store in mainland China last […]

Microsoft shutting down LinkedIn app in China amid scrutiny

Microsoft is shutting down its main LinkedIn service in China later this year as Beijing tightens its internet rules. The company said in a blog post Thursday it has faced a “significantly more challenging operating environment and greater compliance requirements in China.” Microsoft is the latest American tech giant to lessen its ties to the […]

US regulators seek answers from Tesla over lack of recall

U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators. In a letter to Tesla, the National Highway Traffic Safety Administration told the electric car maker Tuesday that it must recall vehicles if […]

Coinbase plans to join the NFT marketplace

Coinbase announced on Monday that it’s officially jumping into the world of NFTs. The cryptocurrency exchange platform explained that it plans to sell, trade, and mint NFTs, a move that will expand the cryptocurrency’s marketplace. While there isn’t much information on how Coinbase will join the NFT marketplace, the exchange platform has noted that the […]

Slain reporter's father takes on Facebook over violent video

The family of a slain journalist is asking the Federal Trade Commission to take action against Facebook for failing to remove online footage of her shooting death. Andy Parker said Tuesday the company is violating its own terms of service in hosting videos on Facebook and its sibling service Instagram that glorify violence. His daughter, […]

Apple is releasing a number of new hardware on October 18th

Apple has just sent out invites to its next hardware release event, taking place on October 18th. Apple enthusiasts are anticipating the event will cover the launch of new MacBooks, a redesigned higher-end Mac Mini, and potentially a pair of third-generation AirPods. The word “Unleashed” is prominent in the video invite, posted by Apple marketing […]