U.S. Rep. Joe Neguse (D-CO) speaks during a news conference at the U.S. Capitol on February 2, 2022 in Washington, DC. Alex Wong | Getty Images The House on Thursday passed an antitrust package that would give federal enforcers more resources to crack down on anticompetitive behavior, even as broader …
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Google is shuttering its digital-gaming service Stadia, the latest ambitious project to get cut as the company looks to shed costs. The gaming service, which launched in 2019 and runs on phones and the Chrome browser, “hasn’t gained the traction with users that we expected,” wrote Phil Harrison, a Google …
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California Gov. Gavin Newsom successfully quashed a recall attempt last year in California. Asked if he’s getting ready for a presidential run, Newsom insisted that was not the case. Justin Sullivan | Getty Images A new California law is one of the first in the country since the reversal of …
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Apple CEO Tim Cook speaks onstage during day 2 of Vox Media’s 2022 Code Conference in Beverly Hills, California. Jerod Harris | Getty Images Entertainment | Getty Images Shares of Apple were down 4.5% on Thursday after Bank of America analysts delivered the stock a rare downgrade. The analysts lowered …
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Masayoshi Son, CEO of SoftBank, has been weighing up various options for chipmaker Arm after Nvidia walked away from buying the company. Alessandro Di Ciommo | Nurphoto | Getty Images SoftBank is planning to cut at least 30% of staff at its ambitious investment arm, the Vision Fund, a source …
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A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is raising its hourly wages for its warehouse and delivery workers, the company announced Wednesday. Beginning …
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Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon is temporarily closing warehouses in parts of Florida as Hurricane Ian churns toward the state. The company on Tuesday …
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Patrick Gelsinger, Intel CEO, at the WEF in Davos, Switzerland on May 23rd. 2022. Adam Galica | CNBC Two of the most important American semiconductor companies disagree about the pace of chip advancements and whether Moore’s Law still applies. Intel CEO Pat Gelsinger said on Tuesday at a company launch …
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Onur Dogman | Lightrocket | Getty Images Facebook parent company Meta said it took down two unconnected networks of accounts based in China and Russia for seeking to influence political narratives in the U.S. and Europe. The platform regularly searches for and removes accounts it believes to have violated its …
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Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images Customers of beleaguered cryptocurrency lender Voyager Digital may find …
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