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February 3, 2023

Pace of U.S. Hiring Surges Unexpectedly

The American labor market unleashed a burst of hiring in January, producing another wave of robust job growth even as interest rates continue to rise. Employers added 517,000 jobs on a seasonally adjusted basis, the Labor Department said on Friday, an increase from 260,000 in December.

February 2, 2023

Fed Chair Powell: Given our outlook, I don't see us cutting rates this year

Fed Chair Jerome Powell answers questions from reporters after the central bank announced it was raising interest rates another 25 basis points.

February 2, 2023

Intel slashes employee, exec pay amid PC market downturn

Jan 31 (Reuters) - Intel Corp (INTC.O) said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn.

January 27, 2023

Ukrainian Commanders on Front Lines Look to Western Tanks for Breakthrough

TORSKE, Ukraine—Late last year, a Ukrainian counteroffensive stalled here in the country’s northeast as Russia reinforced its troops with thousands of newly mobilized recruits and paramilitary fighters.

The Wall Street Journal

January 24, 2023

Gas prices fall, inflation eases. Can the eurozone escape a recession?

It was the writing ominously scratched on the wall: the eurozone was heading for a deep and calamitous recession, blamed on Russia's war in Ukraine, a devastating energy crisis and soaring inflation.

January 23, 2023

Economists Say the Fed Is Making Another Inflation Mistake. Here’s Why.

Economists, investors and CEOs say the Federal Reserve is needlessly driving the country into what could be a painful recession. WSJ’s Dion Rabouin explains what they’re seeing and why they’re sounding the alarm. Illustration: David Fang

The Wall Street Journal

January 23, 2023

U.S. lawmakers preparing plan to avert debt-ceiling crisis

WASHINGTON, Jan 22 (Reuters) - A bipartisan group of U.S. lawmakers is preparing a plan to defuse a looming crisis over the nation's debt ceiling by changing it from a fixed dollar amount a percentage of national economic output, the group's top Republican said on Sunday.

January 20, 2023

Global Property Market Faces $175 Billion Debt Spiral

Almost $175 billion of real estate credit is already distressed, according to data compiled by Bloomberg — about four times more than the next biggest industry.

January 20, 2023

US Producer Price Index Declines by Most Since Start of Pandemic

US producer prices dropped in December by the most since the start of the pandemic, extending a months-long pullback in inflationary pressures and giving the Federal Reserve room to slow the pace of interest-rate hikes. The producer price index for final demand fell 0.

January 20, 2023

U.S. government touches debt limit

WASHINGTON, Jan 19 (Reuters) - The U.S. government was due to hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the Republican-controlled House of Representatives and President Joe Biden's Democrats that could lead to a fiscal crisis in a few months.

January 20, 2023

Ukraine: European countries to donate more heavy weapons

More countries have answered President Volodymyr Zelensky's call to send further arms to Ukraine. Several European nations promised new military aid packages following a meeting on Thursday at Tapa Army Base in Estonia.

January 19, 2023

Evergrande Chairman, Once Worth $42 Billion, Loses 93% of Wealth

Hui Ka Yan has lost wealth and influence, including no longer being part of the Chinese People’s Political Consultative Conference. These days, the China Evergrande Group chairman’s fortune is considerably diminished.

January 16, 2023

Bank of Japan could announce major policy shift this week as bond yields top limit again

Japan's central bank is due to meet this week amid soaring government bond yields and a strong yen, with a number of economists expecting it to scrap its yield curve control policy.

January 11, 2023

World Bank Cuts 2023 Global Growth Projection as Inflation Persists

WASHINGTON—The World Bank sharply lowered its growth forecast for the global economy this year as persistently high inflation has elevated the risk for a worldwide recession. The bank expects global growth to slow to 1.7% in 2023, down from an estimate of 3% growth in June.

The Wall Street Journal

January 9, 2023

ECB sees 'very strong' wage growth ahead in next few quarters

FRANKFURT, Jan 9 (Reuters) - Wage growth across the euro zone is expected to be "very strong" over the next few quarters but real wages are still likely to decline given rapid inflation, a European Central Bank Economic Bulletin article argued on Monday.

January 9, 2023

Inside Salesforce's week from hell: Angry employees describe chaos, confusion and 'tone deaf' leaders as they fight for their jobs

On Thursday some 47,000 Salesforce employees nervously waited for their CEO Marc Benioff to join them for a virtual all-hands meeting scheduled for 10 a.m. pacific. He was 18 minutes late.

January 4, 2023

A Housing Market Hangover

At the beginning of the pandemic, office workers were liberated from their commutes but found themselves stuck at home and hungering for space. Many Americans went on a home buying frenzy, fueled by cheap debt and an insatiable urge to move.

January 2, 2023

'Big Short' investor Michael Burry predicts a US recession in 2023 and another inflation spike

The US economy is poised to suffer a recession in 2023 as well as another inflation spike, Michael Burry has said. The investor of "The Big Short" fame, known for his dire but often accurate predictions, issued the gloomy forecast in a tweet posted Sunday.

January 1, 2023

Fed reverse repo facility hits record $2.554 trillion

NEW YORK, Dec 30 (Reuters) - A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of the year. The New York Fed said that its reverse repo facility took in $2.

December 31, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 30, 2022

New Fed research flags rising risk of U.S. recession

NEW YORK, Dec 30 (Reuters) - Just over half of the 50 U.S. states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession is in the offing, new research from the St. Louis Federal Reserve Bank report said.

December 30, 2022

The Arsenal of Democracy Is Back in Business

The United States nearly doubled the number and price tag of approved arms sales to NATO allies in 2022 compared with 2021, as alliance members scramble to stock up on high-end weapons in the wake of Russia’s war in Ukraine. In 2021, the U.S.

December 30, 2022

Americans still haven't felt the worst of the war on inflation, meaning 2023 will be 'survival of the fittest'

When you adjust the faucet in your shower, there's often a lag of several seconds before the water temperature changes and you can feel the effects. That's the "unfortunate situation" the nation's central bank is finding itself in right now, former Treasury Secretary Larry Summers said in February.

December 29, 2022

Zelenskyy, BlackRock CEO Fink agree to coordinate Ukraine investment

Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink agreed to coordinate investment in rebuilding Ukraine, Kyiv announced on Wednesday following a meeting between the two men.

December 29, 2022

Financial Times

Journalists in 50+ countries follow the constant flow of money made and lost in oil & gas while tracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive newsletter, Energy Source.

December 27, 2022

As the war in Ukraine rages, Eastern Europe is growing stronger

As 2022 is coming to a close, the war in Ukraine rages unabated. Russian President Vladimir Putin sees what he still calls a “special military operation” as a life-or-death contest with the United States and its allies in NATO.

December 27, 2022

Fed's preferred inflation indicator rises slightly more than expected at 4.7%

CNBC's Rick Santelli joins 'Squawk Box' to break down the latest personal consumption expenditures price index data.

December 27, 2022

Zelenskyy comes to Washington as Ukraine braces for winter

The administration is expected to announce a major new arms package for Kyiv, including a Patriot missile battery. Ukrainian President Volodymyr Zelenskyy will meet with President Joe Biden and other senior U.S.

December 19, 2022

How one small European country could hold the key to energy self-sufficiency

In practice, the government has reduced the share of natural gas in the country’s energy mix by investing in renewable energy and boosting the share of biomass in district heating.

December 18, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 17, 2022

EU adopts global minimum15% tax on big business

The European Union has adopted a plan for a global minimum 15% tax on big business. Leaders gave their final approvals on Thursday after months of political wrangling.

December 17, 2022

Fed’s High Inflation Forecast Baffles Wall Street After Soft CPI

The Federal Reserve’s updated economic projections this week appeared to incorporate an assumption that raised eyebrows: inflation would prove resurgent at the end of this year.

December 17, 2022

Senate cryptocurrency hearing yields big claims, possible regulation

Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday. However, new legislation is potentially on the way. Sen.

December 10, 2022

Europe’s energy crisis in data: Which countries have the best and worst insulated homes?

Europeans are deeply concerned about their heating bills, due to dramatic hikes in energy prices following Russia’s invasion of Ukraine. The European Commission has called on countries to prioritise insulating their buildings this winter.

December 10, 2022

Four linked to EU Parliament arrested amid suspicions of corruption involving a Persian Gulf state

Four people "active in the European Parliament" have been arrested amid suspicions of corruption involving "a Persian Gulf country". Belgium's Federal Prosecutor's Office said it recovered €600,000 in cash and seized computers and mobile phones in Friday's swoop.

December 8, 2022

Citi CEO Jane Fraser warns the U.S. is likely to enter a recession next year

'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss recent comments from Citi CEO Jane Fraser and her outlook for a recession in the U.S. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb.cx/3Ei22n4 » Subscribe to CNBC TV: https://cnb.cx/Subscr

December 7, 2022

World Economy Heads for One of Its Worst Years in Three Decades

The world economy is facing one of its worst years in three decades as the energy shocks unleashed by the war in Ukraine continue to reverberate, according to Bloomberg Economics. In a new analysis, economist Scott Johnson forecasts growth of just 2.4% in 2023. That’s down from an estimated 3.

December 6, 2022

U.S. sends liquified natural gas to Europe amid potential energy crisis

CNBC's Brian Sullivan joins 'Squawk Box' from Rotterdam with an update on Europe's energy crisis and the major liquified natural gas players supplying energy to the continent. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: h

December 6, 2022

UK Sends Gas to EU in Rare Role as Winter Exporter

Britain’s natural gas is still flowing to mainland Europe at a time when the fuel would typically be kept at home, underlining the country’s key role in keeping the continent warm this winter.

December 5, 2022

US Dollar Erases More Than Half of This Year Gains on Fed Rate Bets

The Bloomberg Dollar Spot Index has pared its 2022 advance to about 7%, after gaining as much as 16% earlier, as slower-than-expected gains in consumer prices and comments by Fed Chair Jerome Powell stoked speculation the US central bank will slow its pace of rate hikes next week.

December 5, 2022

Financial Times

Let our global subject matter experts broaden your perspective with timely insights and opinions you can’t find anywhere else.

December 2, 2022

In praise of public officials who can admit when they got things wrong

Such a quality is exceptionally, distressingly rare.

November 30, 2022

The Fed just crushed hopes of rate cuts anytime soon - and the US economy will suffer stagflation next year, a top strategist says

Federal Reserve officials have dashed investors' hopes of an early end to the war on inflation, and a prompt pivot from hiking interest rates to cutting them. Instead of rebounding, the US economy will shrink and face stubborn price increases next year, Christopher Smart has said.

November 29, 2022

First direct shipment of Australian gas arrives in Europe

The ongoing redrawing of the seaborne energy trading map in the wake of the war between Russia and Ukraine is making for some extraordinary long journeys. The 75,000 tonne cargo was delivered by Australia’s top independent gas producer to Uniper in Rotterdam yesterday.

November 29, 2022

A recession is inevitable if the Fed maintains restrictive policy, says Wharton's Jeremy Siegel

Jeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to discuss his outlook for future interest rate hikes from the Federal Reserve and more.

November 29, 2022

Qatar strikes LNG deal with Germany | DW News

The deal struck with QatarEnergy is set to go into effect in 2026 and last 15 years. Berlin is seeking to replace Russian gas, which used to cover over one half of Germany's annual supply. https://p.dw.com/p/4KDNL Qatar's state-owned oil and gas company has agreed to send Germany two million tons o

November 29, 2022

Global Yield Curve Inverts in Signal a Recession Is Brewing

Global bonds joined US peers in signaling a recession, with a gauge measuring the worldwide yield curve inverting for the first time in at least two decades.

November 29, 2022

Lithuania makes push to become Europe’s fintech hub

We’ll send you a myFT Daily Digest email rounding up the latest Fintech news every morning. Brexit was a shock for the European Union but, for many member states, it was also an opportunity.

November 28, 2022

China Covid protests: Fury and fear of virus puts Xi Jinping in a bind

For the past three years, the patience of one billion people in China has been stretched, growing thinner and thinner with every lockdown and round of mass Covid testing. Now, that patience has snapped.

November 27, 2022

Chinese Protests Spread Over Government’s Covid Restrictions

BEIJING—Protests are erupting in major cities in China over President Xi Jinping‘s zero-tolerance approach to Covid-19, an unusual show of defiance in the country as the economic and social costs from snap lockdowns and other strict restrictions escalate.

The Wall Street Journal

November 27, 2022

Brace for 'violent' shocks that may reshape the global economy forever, warns top economist Mohamed El-Erian

Markets should brace for a severe recession that might forever change the world economy, Mohamed El-Erian has warned. The economist said on Tuesday that a combination of pressures on supply, central bank tightening, and market "fragility" were all likely to weigh on growth.

November 27, 2022

Top economist Mohamed El-Erian says we’re not just headed for another recession, but a ‘profound economic and financial shift’

That economist is Mohamed El-Erian, previously the chief executive officer of the massively influential bond-market player PIMCO. He also chaired former President Barack Obama’s Global Development Council and has written several economic best-sellers.

November 27, 2022

Tech's reality check: How the industry lost $7.4 trillion in one year

It seems like an eternity ago, but it's just been a year. At this time in 2021, the Nasdaq Composite had just peaked, doubling since the early days of the pandemic. Rivian's blockbuster IPO was the latest in a record year for new issues.

November 26, 2022

Fed Chair Powell 'looks like a genius' amid precarious backdrop: Strategist

Optimal Capital Director of Strategy Frances Newton Stacy joins Yahoo Finance Live to discuss the expectations for the next FOMC meeting, inflation, market uncertainty, and the outlook for the Fed. #yahoofinance #fomc #thefed #jeromepowell Don't Miss: Valley of Hype: The culture that built Elizabet

November 20, 2022

Layoffs mount, and Main Street still can't find any workers to hire for open jobs

When it comes to salary, small business owners generally don't play in the same league as larger companies.

November 19, 2022

Update: The home price correction in America’s 400 largest housing markets, as told by one interactive map

That type of looming loss explains why Redfin recently announced it’s shutting down its algorithm-run iBuyer business. As long as the U.S. housing market remains in correction mode, the math just doesn’t make sense.

November 19, 2022

NY Fed: Bank liquidity may be tighter than thought, with policy implications

Nov 18 (Reuters) - The way the banking system manages its cash suggests the financial system may not be as flush as many now understand, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Federal Reserve Bank of New York said Friday.

November 19, 2022

Kazakhstan tells EU: We can supply all 30 critical raw materials you need

Officials from Kazakhstan told a Brussels audience on Thursday (17 November) that the resource-rich country will soon be able to offer all the 30 critical raw materials the bloc needs, according to a list adopted in 2020.

November 19, 2022

Liquidity Crunch in Treasuries

Richard Clarida, Former Federal Reserve Vice Chair & PIMCO Managing Director and Global Economic Advisor weighs in on the liquidity problem in the Treasuries market. He also discusses why he believes the Fed has more to accomplish. what the Fed will be looking at The fed has more to do. What is rest

November 18, 2022

Fed to lift rates by 50 basis points, but peak policy rate may be higher

BENGALURU, Nov 18 (Reuters) - The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike, but economists polled by Reuters say a longer period of U.S. central bank tightening and a higher policy rate peak are the greatest risks to the current outlook. U.S.

November 16, 2022

Reducing Inflation Without a Recession Might Not Be Feasible, Fed Official Says

‘I have not in my 40 years with the Fed seen a time of this kind of tightening that you didn’t get some painful outcomes,’ Kansas City Fed President Esther George saysResume Subscription

The Wall Street Journal

November 15, 2022

Griffin: US Inflationary Path Has Peaked

Ken Griffin, founder and chief executive officer at Citadel, discusses the state of the US economy, inflation and Federal Reserve policy. He speaks on the sidelines of the Bloomberg New Economy Forum. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features,

November 15, 2022

London loses position as most valuable European stock market

Britain's stock market has lost its position as Europe's most-valued, with France taking the top spot, data shows. It's the first time Paris has overtaken London since records began in 2003.

November 15, 2022

Amazon Is Said to Plan to Lay Off Thousands of Employees

The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company’s devices organization, retail division and human resources.

November 13, 2022

Move Over, Inflation: Here Comes the Earnings Crunch

Investors are rightly focused on inflation, where this week finally brought the good news of slower-than-expected price rises, and an excessively large jump in stock and bond prices as a result.

The Wall Street Journal

November 11, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

November 11, 2022

EU proposes tighter rules for last combustion engine cars

The European Commission has published proposals to reduce exhaust emissions for vehicles with combustion engines. This is despite European Union members agreeing last month to only sell emission-free cars from 2035, effectively banning sales of new petrol and diesel cars within the EU from then on.

November 1, 2022

The Fed is expected to raise interest rates by three-quarters of a point and then signal it could slow the pace

The Federal Reserve is expected to raise interest rates by three-quarters of a percentage point Wednesday and then signal that it could reduce the size of its rate hikes starting as soon as December.

November 1, 2022

Higher Interest Rates Fuel Losses at the Federal Reserve

The Federal Reserve’s aggressive interest-rate rises to fight inflation are leading the central bank to do something it has never consistently done before: lose money.

The Wall Street Journal

November 1, 2022

This UFO-like structure could help Europe transform its energy

Central Europe has unusually good geology for geothermal energy. In a region long dependent on fossil fuels, new projects are drilling deep into the ground.

October 27, 2022

A Power Balance Shifts as Europe, Facing a Gas Crisis, Turns to Africa for Help

Officials from Algeria to Mozambique say they hope to take advantage of an abrupt change in a long-unequal relationship.

October 27, 2022

Europe now has so much natural gas that prices just dipped below zero

Europe has more natural gas than it knows what to do with. So much, in fact, that spot prices briefly went negative earlier this week.

October 26, 2022

How the U.K. Became One of the Poorest Countries in Western Europe

Britain chose finance over industry, austerity over investment, and a closed economy over openness to the world. This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America’s biggest problems. Sign up here to get it every week.

October 24, 2022

Opinion: Britain has a new prime minister – that no one in Britain voted for

Editor’s Note: Laura Beers is a professor of history at American University. She is the author of “Your Britain: Media and the Making of the Labour Party” and “Red Ellen: The Life of Ellen Wilkinson, Socialist, Feminist, Internationalist.” The views expressed here are solely hers.

October 21, 2022

Investors now expect Fed to raise rates to 5% next year

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Check if your university has an FT membership to read for free.

October 20, 2022

Existing home sales fall to a 10-year low in September, as mortgage rates soar

Existing homes are selling at the slowest pace since September 2012, with the exception of a brief drop at the start of the Covid 19 pandemic. Sales of previously owned homes fell 1.5% in September from August to a seasonally adjusted annual rate of 4.

October 20, 2022

U.K. Prime Minister Liz Truss announces resignation after 44 days in office

The Conservative Party revolt against Liz Truss's brief tenure as prime minister comes just a few months after it deposed its previous leader Boris Johnson

October 18, 2022

There Is a Painless Way to Fix Inflation

At its September meeting, the Federal Reserve again sharply increased its target interest rate by three-quarters of a percent. Asked his thoughts about what effect this tightening will on the overall economy, Chairman Jerome Powell remarked, “I wish there were a painless way…There isn’t.

October 18, 2022

The Fed, Staring Down Two Big Choices, Charts an Aggressive Path

Federal Reserve officials are barreling toward another three-quarter point increase in November, and they may decide to do more as inflation refuses to budge.

October 18, 2022

China Delays Indefinitely the Release of G.D.P. and Other Economic Statistics

The unusual move comes as the country’s ruling elite have gathered in Beijing for the twice-a-decade national congress of the Communist Party.

October 16, 2022

Jamie Dimon May Want to Send Powell a Thank-You Note

Shareholders and chiefs of America’s big banks should get some thank you cards over to Jerome Powell. The Federal Reserve’s interest rate increases have delivered a huge boost to revenue for Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

October 16, 2022

‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices

The chart, from Redfin, shows how higher mortgage rates and a pullback in buyer demand, has forced sellers to cut prices to entice bids Here’s a chart that speaks a thousand words about the state of the real-estate market right now.

October 14, 2022

Tale of Two Recessions: Europe Enters One While Russia Defeats Another

In Europe, recession now seems imminent. The International Monetary Fund has said Germany and Italy are certainly going into a recession. These are among Europe’s largest economic drivers. Their fall will trigger the slippage of other countries into de-growth as well. At the core of Europe’s eco

October 13, 2022

Investors think the odds of a 75-basis-point rate hike at the December Fed meeting have doubled after the September inflation report

US core inflation in September rose by more than economists had anticipated, spurring investors on Thursday to bump up their expectations that the Federal Reserve at its December meeting will deliver yet another big rate hike. The CME FedWatch tool showed a 61.

October 13, 2022

US consumer price growth expected to have slowed slightly in September

October 12, 2022

Is Rapid Growth Really Healthy For Chattanooga?

Chattanooga, especially, and the entire tri-state area, is growing at an unbelievable pace. According to a story from the Chattanoogan.com on Oct. 11, 306 people are moving into Chattanooga every week from out of state, while 100 are moving out of the city.

October 9, 2022

Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn

Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is risking another blunder by potentially raising interest rates too much to combat high inflation. The Fed has lifted rates by 0.

The Wall Street Journal

October 6, 2022

Stock Market News Today : Dow Jones Slides 100 Points As Jobless Claims Rise

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The Wall Street Journal

October 5, 2022

The Fed must temper its hawkish stance, says Wharton's Jeremy Siegel

Jeremy Siegel, professor of finance at the Wharton School of Business, joins CNBC's 'Squawk Box' to discuss the latest market rally and what it means for the Federal Reserve's efforts to tamp down inflation. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGe

October 5, 2022

Fed’s Rate Increases Defy All the Rules

Under Jerome Powell’s leadership, central bank doesn’t conform to formulas that economists have long used to explain its decisionsThe Federal Reserve approved a third-consecutive 0.75 percentage point rise in late September.

The Wall Street Journal

October 5, 2022

Infographic: Does Europe have enough gas for winter?

Russia’s war in Ukraine has led to a European energy crisis, with the price of natural gas soaring to new highs this year. As Western nations sparred with Moscow over its invasion, Russia mostly cut off the supply of gas to Europe.

October 3, 2022

Wall Street: U.S. housing market to see the second biggest home price decline since the Great Depression

That history—or lack of history—is why recent outlooks published by Wall Street titans are raising eyebrows.

October 3, 2022

Morgan Stanley Says ‘Likely’ Fed Pivot Won’t End Earnings Pain

Michael J. Wilson, one of Wall Street’s biggest equity bears, says a Federal Reserve pivot to dovishness is becoming likely amid falling money supply, but such a move won’t allay concerns about earnings.

October 2, 2022

‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

As the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds and stocks into a tailspin, concern is rising that the central bank's campaign will have unintended and potentially dire consequences.

September 26, 2022

The Dollar Is Strong. That Is Good for the U.S. but Bad for the World.

The Federal Reserve may have no choice but to wage a relentless inflation fight, but countries rich and poor are feeling the pain of plunging currencies.

September 24, 2022

The typical Chinese adult is now richer than the typical European adult, a new wealth report finds

Although North America and Europe together account for 57% of total household wealth globally, China is squeezing out Europe in rankings of wealth per median adult.

September 24, 2022

World’s Central Banks Race to Raise Rates After Fed Increase

LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the Federal Reserve in risking a recession to rein in climbing prices. Already a member? Sign In

The Wall Street Journal

September 18, 2022

Goldman Cuts US Growth Forecast for 2023 After Rate Path Change

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Goldman Sachs Group Inc. cut its US economic growth estimates for 2023 after recently boosting its predictions for Federal Reserve interest rate hikes.

September 16, 2022

Stocks Slide Deepens as Dollar Extends Advance: Markets Wrap

Equities extended declines on Friday, with an index of global stocks on track for the worst week since June, while a gauge of the dollar soared to a fresh record, reflecting bets for outsize Federal Reserve interest rate hikes.

Bloomberg

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Business News

February 2, 2023

Statcounter: Windows 11 crosses 18% mark but Windows 10 is not giving up

In addition to covering the most recent changes in the browser market (desktop and mobile), Statcounter's January 2023 report covers operating systems for computers and mobile devices.

January 31, 2023

I was obsessed with my Tesla but Elon Musk convinced me I'd rather drive an electric Mercedes-Benz

This as-told-to essay is based on a conversation with Christine Orita, 65, a longtime Tesla owner from California who recently decided to ditch her 2020 Model S for an electric Mercedes-Benz. Her words have been edited for length and clarity.

January 24, 2023

Walmart to raise wages for U.S. hourly workers

Jan 24 (Reuters) - Walmart Inc (WMT.N), the largest private employer in the United States, said on Tuesday it will raise the average hourly wage for its U.S. workers next month to more than $17.50. The retailer currently pays an average of more than $17 to its almost 1.6 million U.S.

January 24, 2023

DOJ Sues Google, Seeking to Break Up Online Advertising Business

The Justice Department is seeking the breakup of Google’s business brokering digital advertising across much of the internet, a major expansion of the legal challenges the company faces to its business in the U.S. and abroad.

The Wall Street Journal

January 23, 2023

Some Google workers who've been laid off earned as much as $1 million a year, report says

Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making seven figures, The Information reported.

January 23, 2023

Microsoft CEO says OpenAI partnership will allow companies to access tools like ChatGPT in workplace emails, slideshows, and spreadsheets

Microsoft is betting big on artificial intelligence by integrating the technology into workplace emails, slideshows, and spreadsheets — part of its ongoing partnership with OpenAI, the company behind the popular chatbot ChatGPT.

January 23, 2023

Elon Musk teases ‘higher priced’ Twitter Blue subscription with no ads

Elon Musk says Twitter will roll out a new “higher priced” Blue subscription that doesn’t show ads on the platform. The current $7.

January 21, 2023

Google is freaking out about ChatGPT

The recent launch of OpenAI’s AI chatbot ChatGPT has raised alarms within Google, according to reports from The New York Times.

January 20, 2023

How Sam Bankman-Fried’s ties with the Clintons helped him dupe investors

Sam Bankman-Fried cultivated ties with A-list celebrities, politicians and investors alike — but one power couple in particular was key to boosting his profile in influential and moneyed circles.

January 20, 2023

Google Parent Alphabet to Cut 12,000 Jobs Amid Wave of Tech Layoffs

Google parent Alphabet Inc. said it plans to eliminate roughly 12,000 jobs, reducing its staff by 6% and marking the company’s largest-ever round of layoffs as it copes with a darkened economic outlook. Already a member? Sign In

The Wall Street Journal

January 20, 2023

China sees first population decline in six decades: Where does the EU stand?

For the first time in six decades, China’s population shrank last year, as deaths outnumbered births. The country had 1.41175 billion people at the end of 2022, according to figures released by the National Bureau of Statistics, a drop of 850,000.

January 20, 2023

Thousands Of PayPal Accounts Hacked—Is Yours One Of Them?

According to a PayPal notice of security incident dated January 18, attackers got unauthorized access to the accounts of thousands of users between December 6 and 8, 2022. The total number of accounts that were accessed by threat actors using a credential stuffing attack is reported as being 34,942.

January 20, 2023

Google Docs Is More Popular Than Microsoft Word. But ChatGPT Could Change That.

Microsoft plans to make OpenAI’s generative AI technology such as ChatGPT available to billions of users by integrating it into all of its products, CEO Satya Nadella said this week.

January 18, 2023

Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper

Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter.

January 10, 2023

Dubai Free Zone Now Home to More Than 500 Crypto Startups

Dubai Free Zone Now Home to More Than 500 Crypto Startups In Dubai, a dedicated hub for local crypto entrepreneurs attracted twice as many digital asset startups last year than in 2021 by /

January 10, 2023

Coinbase to slash 20% of workforce in second major round of job cuts

Coinbase is cutting about a fifth of its workforce as it looks to preserve cash during the crypto market downturn. The exchange plans to cut 950 jobs, according to a blog post published Tuesday morning.

January 6, 2023

Twitter hacked, 200 million user email addresses leaked, researcher says

LONDON, Jan 5 (Reuters) - Hackers stole the email addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said Wednesday.

January 6, 2023

Bed Bath & Beyond Prepares to File for Bankruptcy Within Weeks

Bed Bath & Beyond Inc. is preparing to file for bankruptcy within weeks after the home-goods retailer came up short on sales during the critical holiday season, according to people with knowledge of the matter.

The Wall Street Journal

January 4, 2023

How 6 venture capitalists are thinking about 2023 — and their advice to startups

Venture capitalists are in the business of bets, writing checks to the people and ideas they believe are going to impact the world. As part of an annual GeekWire tradition, we asked six investors to come up with predictions for 2023.

January 4, 2023

The Most-Anticipated Downturn Ever

Today we look at the outlook for the US and global economies, this week’s wave of economic data and a new study about the dollar from the Federal Reserve.

January 4, 2023

Microsoft now has its first official union in the U.S.

At ZeniMax, a Microsoft-owned gaming studio, 300 quality assurance (QA) testers have voted to unionize. This marks Microsoft’s first official union in the U.S., as well as the biggest gaming union in the country.

January 3, 2023

Startups spring from ashes of Big Tech purge

Jan 3 (Reuters) - Nic Szerman lost his job at Meta Platforms (META.O) in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered.

January 2, 2023

India set an ‘incredibly important precedent’ by banning TikTok, FCC Commissioner says

India set an “incredibly important precedent” by banning TikTok two and a half years ago, FCC Commissioner said, as he projected a similar fate for the Chinese giant Bytedance app in the U.S. Carr’s remarks further illustrates a growing push among U.S.

December 31, 2022

A former exec from Stripe and Uber is 'OK to give up 100x growth' to build a new business that will last

Vidit Agrawal of Indonesian startup GajiGesa says crazy growth is nice. But staying power is better.

December 29, 2022

9 tech companies that have ditched San Francisco offices in 2022 are a warning sign for cities to rethink their reliance on big firms

The tech exodus from San Francisco should be a warning to other cities that rely on tech companies to fill downtown office space. San Francisco's once bustling downtown has become a ghost town as companies have left their offices.

December 27, 2022

Manhattan’s trendiest neighborhoods terrorized by thieves, NYPD stats show

Manhattan’s trendiest tourist-packed neighborhoods have become increasingly terrorized by brazen thieves who are leaving shop workers stymied and scared.

December 27, 2022

China is losing its place as the center of the world's supply chains. Here are 5 places supply chains are going instead.

Global manufacturing powerhouse China's rise as the world's factory spanned over four decades and ushered in an era of globalization and integrated supply chains. But that facade started to crumble around 2018, after former President Donald Trump launched a trade war against the East Asian giant.

December 27, 2022

The Economy’s Fundamental Problem Has Changed

For years, Americans couldn’t afford to buy things. Now there aren’t enough things to buy. I would not have thought anything of it, save for the fact that I’ve had similar experiences over and over again of late.

December 27, 2022

Hackers stole encrypted LastPass password vaults, and we’re just now hearing about it

LastPass has a doozy of an updated announcement about a recent data breach: the company — which promises to keep all your passwords in one, secure place — is now saying that hackers were able to “copy a backup of customer vault data,” meaning they theoretically now have access to all those p

December 27, 2022

Google's management has reportedly issued a 'code red' amid the rising popularity of the ChatGPT AI

Google's management has issued a "code red" amid the launch of ChatGPT — a buzzy conversational-artificial-intelligence chatbot created by OpenAI — as it's sparked concerns over the future of Google's search engine, The New York Times reported Wednesday.

December 27, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 27, 2022

Financial Times

Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT.

December 20, 2022

U.S. Congress to advance $1.7 trillion govt funding bill

Dec 20 (Reuters) - Negotiators in the U.S. Congress unveiled a $1.7 trillion government funding bill on Monday, as lawmakers scrambled to pass the measure, which includes record military spending, before temporary funding runs out at the week's end.

December 18, 2022

Military Spending Surges, Creating New Boom for Arms Makers

WASHINGTON — The prospect of growing military threats from both China and Russia is driving bipartisan support for a surge in Pentagon spending, setting up another potential boom for weapons makers that is likely to extend beyond the war in Ukraine.

December 17, 2022

Cybercrime Statistics In The US, Visualized

Cybercrime can be a lucrative business; in the US, the average cybercriminal pockets a whopping $14,048 per scam. But the number of cybercriminals and victims, and the amount of money they steal, varies widely from state to state.

December 17, 2022

‘Unexpected item’: how self-checkouts failed to live up to their promise

When the first self-checkout kiosks were rolled out in American stores more than three decades ago, they were presented as technology that could help stores cut costs, save customers time, and even prevent theft.

December 13, 2022

Financial Times

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

December 12, 2022

Europe wants more people to take the train

At the end of a branch railway line that winds through wooded valleys in central France, a single carriage pulls into the little town of Ussel. The station has scarcely changed since it was built in 1880. Passengers still step over the rails to cross to the platform opposite.

December 12, 2022

Investors eye Portuguese golden visas as authorities ponder programme's end

LISBON, Dec 11 (Reuters) - Investments through Portugal's "golden visa", which gives wealthy foreigners residence rights, jumped nearly 50% last month, data showed on Sunday, as the government considers whether to scrap the controversial scheme.

December 12, 2022

Massive Tesla delivery train spotted in Europe

A massive Tesla delivery train was spotted in Europe this week. Tesla is gearing up for massive Q4 deliveries as we approach the last few weeks of 2022. Analysts have pointed out that Tesla’s successful quarter depends on the successful delivery of vehicles to Europe.

December 10, 2022

Germany could become Europe's big semiconductor producer - Scholz

BERLIN, Dec 9 (Reuters) - Germany could become Europe's big producer of semiconductors thanks to investments being made in the field, said German Chancellor Olaf Scholz at a digital summit on Friday. Our Standards: The Thomson Reuters Trust Principles.

December 10, 2022

Nearly a million adults became U.S. citizens this past year—a record high since 2008

About 967,400 adult immigrants took the oath of allegiance and became U.S. citizens this past fiscal year, according to a new report released by U.S. Citizenship and Immigration Services.

December 7, 2022

The 'office apocalypse' is upon us

Deserted downtowns have been haunting US cities since the beginning of the pandemic. Before the pandemic, 95% of offices were occupied. Today that number is closer to 47%.

December 7, 2022

28-year-old built a vending machine side hustle that brings in $30,000 a month: 'I only have to work 6 hours a week'

During the pandemic, Quinn Miller quit his sales job to start a vending machine side hustle. Today, his business brings in $30,000 a month, and he only has to work six hours a week on it. He shares how he got started.

December 7, 2022

Tim Cook says Apple will use chips built in the U.S. at Arizona factory

Apple CEO Tim Cook spoke at an event in Arizona on Tuesday, ahead of remarks expected by President Biden later in the day, where Cook confirmed Apple will buy chips built in the U.S. Cook said Apple would buy processors made in a new Arizona factory, according to a video from the event.

December 7, 2022

TSMC to spend $40 billion for two Arizona semiconductor plants

Taiwan Semiconductor Manufacturing Company, or TSMC, has announced plans to build a second chip plant in Arizona. CNBC's Kristina Partsinevelos joins 'Squawk Box' with the details. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC T

December 5, 2022

Manufacturing orders from China down 40% in unrelenting demand collapse

U.S. logistic managers are bracing for delays in the delivery of goods from China in early January as a result of canceled sailings of container ships and rollovers of exports by ocean carriers.

December 3, 2022

IRS warns Americans about $600 threshold to report Venmo, Cash App payments

The Internal Revenue Service issued a reminder this week for taxpayers to prepare to report transactions of at least $600 that are received through payment apps like Venmo, PayPal and Cash App.

December 2, 2022

Startup valuations are declining — but not consistently

While this year’s stock market decline was swift, it was also widespread, with very few companies escaping the downturn. But current market conditions haven’t caused the same uniform trajectory for startups.

November 29, 2022

EU to Unveil Packaging Rules for Nespresso Pods, Plastic Bags

The European Union will set out measures this week to clean up the packaging industry, from coffee pods to single-use plastic bottles, in an effort to reduce waste.

November 26, 2022

Atoa helps UK merchants cut down on card processing fees

Visa and Mastercard payments are convenient for customers, but can cost merchants high processing fees. Atoa Payments wants to provide a cheaper alternative that is still easy for customers to use. The London-based fintech announced today that it has raised $2.2 million in pre-seed funding.

November 26, 2022

U.S. Expands Bans of Chinese Security Cameras, Network Equipment

The Federal Communications Commission voted 4-0 to ban sales of new telecom and surveillance equipment made by several Chinese companies, arguing that their ownership and practices threaten U.S. national security.

The Wall Street Journal

November 23, 2022

Will Bob Iger Stop the Streaming Death Spiral?

The former Disney CEO is back at a time when the company desperately needs a new direction. Last week, Disney released a long-awaited sequel featuring a six-time Oscar-nominated star, lavish sets, CGI creatures, and full-blown musical numbers—though you might’ve missed it.

November 21, 2022

Waymo can now provide fully driverless rides in San Francisco

Waymo can now provide driverless rides to passengers in San Francisco.

November 18, 2022

Elizabeth Holmes scheduled to be sentenced on Friday

Elizabeth Holmes, the founder of failed blood testing startup Theranos who was convicted of fraud earlier this year, is scheduled to be sentenced on Friday morning by a judge in court in San Jose, California.

November 17, 2022

Elon Musk Testifies In Tesla Shareholder's Lawsuit Over His $55 Billion Pay Package

A Tesla shareholder is suing Elon Musk and the company over the $55 billion payment package the two negotiated. NBC News' Jacob Ward reports on why the shareholder thinks there was a breach of fiduciary responsibility between Musk and Tesla and what Musk said in his testimony. » Subscribe to NBC N

November 17, 2022

Google must take 'more drastic actions' like layoffs because not enough employees will leave on their own, analyst says

Google is now the last major holdout among tech giants to avoid laying off employees amid an economic slowdown. And while the company takes pride in the fact that it's never suffered mass layoffs in its history, there may be no other way out for Google, one analyst says.

November 17, 2022

Airbnb rolls out a host of new perks for hosts

Airbnb has more than 4 million hosts managing accommodation and experiences on its platform. Now, as it looks to drive more bookings, it’s on the hunt for more.

November 17, 2022

SBF regrets declaring FTX bankrupt, per his DMs to Vox

The saga of FTX, formerly one of the world’s largest crypto exchanges that fell rapidly into bankruptcy, took a new turn today after Vox published a series of messages with its former CEO Sam Bankman-Fried.

November 16, 2022

Elon Musk ignored Twitter’s internal warnings about his paid verification scheme

On Thursday evening, after a full day of chaos on the timeline, Elon Musk’s Twitter halted new enrollment into its $8-a-month Blue subscription offering.

November 16, 2022

In the global chips race, EU’s cash engine sputters

The European Union is scrambling to cough up the public investment needed to try and go head-to-head with the world's leading chip producers in the United States, Taiwan and South Korea.

November 15, 2022

GoFreight raises $28M to become the “Shopify of freight forwarding”

Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets.

November 13, 2022

How Australia became the world's greatest lithium supplier

Roughly a three-hour drive south of Perth, Western Australia, off the South Western Highway and behind the historic mining town of Greenbushes, the land beyond the town's primary school falls away to reveal a deep, grey scar. This is the site of an old tin mine known as the Cornwall Pit.

November 12, 2022

A Verifiable Mess: Twitter Users Create Havoc by Impersonating Brands

The social media service, which is undergoing changes from its new owner Elon Musk, has descended into a messy swirl of spoof messages and parody accounts. The parody accounts were proliferating on Twitter.

November 11, 2022

Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while.

November 11, 2022

Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December

Some central bank officials have signaled a desire to moderate the pace of interest-rate increasesResume Subscription

The Wall Street Journal

November 10, 2022

Europe’s Gas Use Slides 22% as Households Keep the Heating Off

Europe reined in its natural-gas consumption last month as households kept the heating off amid warm weather, providing some relief to a tight market ahead of winter.

November 10, 2022

The bottom keeps dropping for software valuations

Another day, another 52-week low. It seems that instead of finding fresh support, the value of software companies keeps discovering new basement levels to descend into. This afternoon, software stocks were off 3% or so, while the broader Nasdaq Composite was down around 2% in midafternoon trading.

November 10, 2022

Facebook parent Meta cuts 11,000 jobs, 13% of workforce

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.

November 9, 2022

Salesforce confirms it has laid off hundreds of employees

Salesforce laid off hundreds of people this week as the onslaught of tech cutbacks continued unabated. The company would not share an exact number, but said it was less than a thousand, and the people involved were informed yesterday, according to a person close to the company.

November 1, 2022

U.S. workers have gotten way less productive. No one is sure why.

The productivity plunge is perplexing, because productivity took off to levels not seen in decades when the pandemic forced the switch to remote work. But that growth spurt was short-lived, even as companies shifted to hybrid models, in part because employees argued that the flexibility helped them work more efficiently.

October 28, 2022

EU strikes deal to ban the sale of new diesel and gasoline cars from 2035

The EU's plans to phase out the sale of new diesel and gasoline cars and vans took a big step forward this week after the European Council and European Parliament came to a provisional agreement on the issue.

October 28, 2022

Meta and Alphabet are too big to avoid a global advertising slowdown, says Ritholtz's Brown

CNBC's Halftime Report Investment Committee discusses Josh Brown's purchase of Meta stock, what's fixable for the company and Brad Gerstner's comments on Meta's quarterly earnings results. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe t

October 27, 2022

Advertisers Hit the Brakes Amid Economic Uncertainty

When Google’s parent company Alphabet reported a slowdown in advertising sales in its latest quarterly earnings report on Tuesday, it stoked fears of a broader advertising downturn. After all, Google is by far the largest media owner in the world, with more than $200 billion in annual ad sales.

October 27, 2022

Alphabet is having its worst day since March 2020, when Covid shutdowns started in the U.S.

Shares of Alphabet dipped more than 6% on Wednesday in the company's worst day since March 2020 after it released third-quarter earnings Tuesday that missed on the top and bottom lines.

October 27, 2022

The end is (maybe) near: Elon Musk is at Twitter HQ

Shortly after changing his bio to “Chief Twit,” Elon Musk posted a video of himself walking into Twitter’s San Francisco headquarters. “Entering Twitter HQ — let that sink in!” he wrote.

October 27, 2022

Financial Times

October 27, 2022

The billion-dollar tech unicorn is becoming rare again

The shaky economic outlook is spurring belt-tightening in Silicon Valley, and the number of billion-dollar start-ups has dived. The age of the tech unicorn may be over.

October 26, 2022

Google ad sales take a hit and widely miss estimates, Alphabet stock drops 6%

Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years Alphabet Inc. is feeling the sting of a downturn in digital-ad spending.

October 26, 2022

Study: 25.6% of Google searches are zero-click

A new Semrush study has found that zero-click Google searches aren’t quite the boogeyman they’ve been made out to be in SEO circles in recent years. Where clicks went. Here’s an image summing up the findings for desktop Google searches:. Image credit: SemrushOrganic clicks: 45.

October 26, 2022

The end of Apple’s affair with China

By a dusty stretch of the deafening road from Chennai to Bengaluru lie three colossal, anonymous buildings. Inside, away from the din of traffic, is a high-tech facility operated by Foxconn, a Taiwanese manufacturer.

October 21, 2022

China Gathers Chip Firms for Emergency Talks After Biden Curbs

China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration’s sweeping chip restrictions and pledging support for the critical sector.

October 20, 2022

Silicon Valley is starting to cave to European regulators

The United Kingdom is forcing Meta to sell off Giphy. Who’s next? If Big Tech didn’t know it already, it does now: It’s time to take global antitrust regulators as seriously as it does those in the United States. Maybe even more so.

October 20, 2022

IRS: Here are the new income tax brackets for 2023

Amid soaring inflation, the IRS this week announced higher federal income tax brackets and standard deductions for 2023. The agency has boosted the income thresholds for each bracket, applying to tax year 2023 for returns filed in 2024.

October 18, 2022

Leaked documents show just how fast employees are leaving Amazon

Last year, only a third of Amazon’s new hires stayed with the company for more than 90 days before quitting, being fired, or getting laid off, according to leaked documents obtained by Engadget.

October 16, 2022

How TikTok ate the internet

You don’t tell TikTok what you want to see. It tells you. And the internet can’t get enough.

October 16, 2022

Undervalued US Stocks Could Soar 30% Next Year, Siegel Says

Noted equity bull Jeremy Siegel says US stocks are still a “marvelous” bet for long-term investors even after the Federal Reserve’s aggressive policy stance has plunged the S&P 500 into a bear market.

October 12, 2022

EU regulators group against big tech paying for telco infrastructure

AMSTERDAM, Oct 11 (Reuters) - A group of European telecom regulators does not support the idea of having big tech firms such as Google and Netflix paying for telecommunications infrastructure, it said in initial findings published on Tuesday.

October 7, 2022

Meta’s flagship metaverse app is too buggy and employees are barely using it, says exec in charge

Meta’s VR social network Horizon Worlds — the company’s flagship “metaverse” app — is suffering from too many quality issues and even the team building it isn’t using it very much, according to internal memos obtained by The Verge.

October 6, 2022

Yeah, no, most VCs still don’t really care about your path to profitability

“Growth at all costs” was fuel to 2021’s funding fire as venture capitalists poured money into startups spending oodles of cash on everything from overhiring to inefficient customer acquisition.

October 6, 2022

The Climate Economy Is About to Explode

Sign up for The Weekly Planet, Robinson Meyer’s newsletter about living through climate change, here. Late last month, analysts at the investment bank Credit Suisse published a research note about America’s new climate law that went nearly unnoticed.

October 5, 2022

It’s official, Elon Musk is buying Twitter

It sure looks like Elon Musk’s $44 billion Twitter takeover is actually happening. On Tuesday, representatives of the billionaire notified Twitter through a letter that he intends to move forward with the tumultuous deal.

October 3, 2022

Peloton will put bikes in every Hilton-owned hotel in the U.S.

Peloton will put bikes in all 5,400 Hilton-owned hotels in the United States as part of a partnership announced Monday, as the bike maker pushes to expand its reach.

October 3, 2022

Walgreens Turns to Prescription-Filling Robots to Free Up Pharmacists

Walgreens Boots Alliance Inc. is turning to robots to ease workloads at drugstores as it grapples with a nationwide shortage of pharmacists and pharmacist technicians.

The Wall Street Journal

September 26, 2022

What Happens When the E-Commerce Boom Ends

For the jewellery brand Catbird, like virtually every other fashion company, e-commerce was a lifeline during the pandemic. In 2021, 80 percent of the company’s sales were online, with the rest coming from two stores in New York. This year is a different story.

The Business of Fashion

September 25, 2022

California first state to ban natural gas heaters and furnaces

The decision, which was passed unanimously, aims to phase out sales of the space heater and water heater appliances by 2030.

September 25, 2022

European Industry Buckles Under Weight of Soaring Energy Prices

Europe’s industrial giants have fretted for months that gas shortages this winter will cripple production. But even with fuel available, companies are discovering they can’t afford it. “It’s not about shutdowns.

September 21, 2022

'Quiet fleecing' is why you're getting paid less and everyone's talking about quiet quitting and the Great Resignation

As the country debates the merits of "quiet quitting," it's another phenomenon — "quiet fleecing" — that should have workers' attention.

September 21, 2022

The $300bn Google-Meta advertising duopoly is under attack

For the past decade there were two more or less universally acknowledged truths about digital advertising. First, the rapidly growing industry was largely impervious to the business cycle.

September 19, 2022

'Quiet firing': How employers and workers can address this latest business trend

Social media platforms have been buzzing with memes, stories and posts lately about "quiet quitting" — and FOX Business has reported on it extensively.

Fox Business Network

min read

Tech News

February 3, 2023

Penpot, the open source platform for designers and their coders, draws up $12M as users jump to 250K

Open source projects continue to stand out as compelling alternatives to proprietary software for those who are looking for more flexibility or price leverage in the tools that they use to work. Today one of the juggernauts in the space of design is announcing some funding.

February 2, 2023

Walmart puts an End to Potential Theft with the “Banana trick” Technique in its Self-Checkout system

After a long season in which there have been numerous thefts at the Walmart retail chain’s self-checkout counters, the retail brand’s CEO has issued stern warnings. As indicated in a statement, the number of thefts has increased significantly.

February 2, 2023

OpenAI announces ChatGPT Plus at $20 a month

OpenAI has announced ChatGPT Plus, a $20 monthly plan that gives you priority access to the AI chatbot, even during peak time where free users would have to wait. The company also says the plan will give you “faster response times” and “priority access to new features and improvements.”

January 31, 2023

Hacker finds bug that allowed anyone to bypass Facebook 2FA

Gtm Mänôz, a security researcher from Nepal, realized that Meta did not set up a limit of attempts when a user entered the two-factor code used to log into their accounts on the new Meta Accounts Center, which helps users link all their Meta accounts, such as Facebook and Instagram.

January 23, 2023

ChatGPT passed a Wharton MBA exam and it’s still in its infancy. One professor is sounding the alarm

This week, Terwiesch released a research paper in which he documented how ChatGPT performed on the final exam of a typical MBA core course, Operations Management. The A.I.

January 20, 2023

Link raises $30M to help merchants accept direct bank payments

People are addicted to credit cards — and it’s no wonder, given the lucrative rewards that many of them offer. But for merchants, credit cards tend to be less appealing.

January 17, 2023

CloseFactor raises $15.2M to automate repetitive sales processes

Several years ago, co-founders Leena Joshi, Ben Cheung and Erik Buchanan experienced frustration with the amount of manual work they were putting into collecting information about sales and marketing accounts.

January 10, 2023

John Deere commits to letting farmers repair their own tractors (kind of)

John Deere has finally committed to giving farmers the tools they need to fix their own equipment.

January 10, 2023

Apple is reportedly making an all-in-one cellular, Wi-Fi, and Bluetooth chip

Apple is working on a new in-house chip that would power cellular, Wi-Fi, and Bluetooth functionality on its devices, according to a report from Bloomberg.

January 6, 2023

Ram's new electric pickup concept makes Tesla's Cybertruck look outdated

Read more: Turned off Tesla by Elon Musk? Here are 4 great electric alternatives to its sedans and SUVs. Read more: Volkswagen's new electric car is a direct shot at Tesla's Model 3. Here's our first look at the ID.7 sedan.

January 5, 2023

Dell looks to phase out Chinese chips by 2024 - Nikkei

Jan 4 (Reuters) - Dell Technologies Inc (DELL.N) plans to stop using China-made chips by 2024 and has told suppliers to reduce the amount of other made-in-China components in its products amid concerns over U.S.-Beijing tensions, Nikkei reported on Thursday.

January 4, 2023

CES 2023: all the news from the year’s biggest tech conference

CES, also known as the Consumer Electronics Show, is the biggest tech trade show of the year, kicking off the first week of January and setting the stage for trends, announcements, and ascendant product categories we’ll see throughout the rest of 2023.

January 1, 2023

This startup can turn almost any bicycle into an e-bike

The firm's kits, which start at $500 for a 98-watt-hour battery version and run up to $800 for a 180Wh battery, sold out this fall. The easy-to-install kits offer a way for consumers to join the e-bike boom with minimal disruption, cost or carbon footprint.

January 1, 2023

There’s now an open source alternative to ChatGPT, but good luck running it

The first open source equivalent of OpenAI’s ChatGPT has arrived, but good luck running it on your laptop — or at all.

December 31, 2022

Luminar Neo’s Extensions Bring Incredible New Features For Photographers At Every Level

Skylum Software has added several powerful extensions to the already impressive Luminar Neo application including Upscale AI, Focus Stacking, HDR Merge, Noiseless, and Supersharp AI, bringing the currently available total for the application to seven.

December 30, 2022

Google Releases Open-Source Vulnerability Scanning Tool

Google has released OSV-Scanner, an open-source front-end interface to the Open Source Vulnerability (OSV) database. The OSV database is a distributed, open-source database that stores vulnerability information in the OSV format.

December 27, 2022

TSMC celebrates 3nm chip production starting in Taiwan ahead of M2 Pro and Max

After TSMC and Apple CEO Tim Cook introduced its upcoming chip plant earlier this month in Arizona, mass production of 3nm silicon is kicking off in Taiwan with a celebration. Interestingly, a ceremony like this is unusual for TSMC, here’s why…

December 27, 2022

Google has everything it needs to counter ChatGPT – here’s what it’s already shown off

ChatGPT’s ability to respond to questions in a conversational and direct manner has led some to proclaim that AI chat will kill the traditional search engine. Google is seriously responding to this, and – from what it’s already shown off – should be more than able to compete.

December 18, 2022

Amazon helped rescue the Ukrainian government and economy using suitcase-sized hard drives brought in over the Polish border : 'You can't take out the cloud with a cruise missile'

Since being invaded by Russia in February, Amazon has become an unlikely hero to the Ukrainian people, donating medical supplies, food, toys, and a $75 million investment in developing cloud-based backups of essential government data, according to a statement by the company.

December 18, 2022

RazerStore Los Angeles | Grand Opening

RazerStore Los Angeles is officially open! Thanks to everyone who came out for the grand opening celebration. If you’re in the area, be sure to swing by to get your hands on the latest products: https://rzr.to/rs-la SUBSCRIBE and get hooked up with exclusive content, codes, and giveaways. http://

December 17, 2022

Try ‘Riffusion,’ an AI model that composes music by visualizing it

AI-generated music is already an innovative enough concept, but Riffusion takes it to another level with a clever, weird approach that produces weird and compelling music using not audio but images of audio. Sounds strange, is strange. But if it works, it works. And it does work! Kind of.

December 17, 2022

Twitter is a mess, so former employees are creating Spill as an alternative

Alphonzo “Phonz” Terrell and DeVaris Brown met during orientation on their first day working at Twitter. They didn’t know that just a few years later they’d be building a social media platform of their own.

December 15, 2022

EXPLAINER: How Elon Musk is changing what you see on Twitter

What you're seeing in your feed on Twitter is changing. But how?

December 12, 2022

The mass extinction of UNIX workstations

Back in the ’90s and very early 2000s, a whole market segment of computers existed that we don’t really talk about anymore today: the UNIX workstation. They were non-x86 machines running one of the many commercial UNIX variants, and were used for the very high end of computing.

December 12, 2022

Twitter Blue to relaunch with actual verification process, higher price for Apple users

Twitter is officially bringing back the Twitter Blue subscription Monday, starting in five countries before rapidly expanding to others, according to Esther Crawford, director of product management at Twitter.

December 10, 2022

Microsoft acquires startup developing high-speed cables for transmitting data

Microsoft today announced that it acquired Lumenisity, a U.K.-based startup developing “hollow core fiber (HCF)” technologies primarily for data centers and ISPs.

December 7, 2022

ChatGPT Crosses 1 MILLION Users | This Bot Answers Everything | What's This AI From Elon Musk?

This latest piece of artificial intelligence has taken the internet by storm. We tried Chat GPT ourselves and got it to answer a few questions for us. ChatGPT is a dialogue-based AI chatbot that can understand and respond in natural language. So, how does it work? Why do some experts call it prob

December 6, 2022

TSMC is building a second chip plant to meet US semiconductor demand

The White House and Taiwan Semiconductor Manufacturing co. (TSMC) have announced plans to build a second chip plant in Arizona, AZCentral has reported. That will boost the company's investment in the state from $12 billion to $40 billion, while heavily reducing US reliance on semiconductor imports.

December 6, 2022

Waze is getting its own dedicated Android Automotive app

Waze is France's most popular navigation app, to the point that it was recently updated with three regional accents (Toulouse, Provençal and ch'ti). So it makes sense that Waze elected to partner with French automaker Renault to launch a new, dedicated version of the app for cars.

December 5, 2022

Ford breaks ground on $5.8B Blue Oval SK Battery Park in Kentucky

Ford has officially broken ground on its $5.8 billion Blue Oval SK Battery Park in Glendale, Kentucky, where the automaker’s joint venture with SK will produce 5,000 new jobs in the region when it begins production in 2025.

December 3, 2022

The era of constant innovation at Amazon could be over

There was a time when AWS re:Invent, the yearly customer extravaganza put on by Amazon’s cloud arm, was chock full of announcements. The innovation coming out of the company was so mind-boggling that it was hard to keep up with the onslaught of news. But this year felt different.

December 1, 2022

StartupOS launches what it hopes will be the operating system for early-stage startups

Running a startup can be a chaotic time; a million things need to be built, done, tracked, analyzed, considered, reported and validated. Keeping an overview of it all can be hard, and there’s always a threat of something (maybe something important?!) slipping through the cracks.

November 30, 2022

Why America Doesn’t Have Enough EV Charging Stations

Gas stations spar with utility companies, rural areas predict years of losses on chargers, spotty equipment threatens reliability: The U.S. EV charging network is a mess.

The Wall Street Journal

November 29, 2022

Sony steps into the Metaverse with the 'Mocopi' motion tracking system

Sony has launched an interesting product called Mocopi, consisting of six motion-tracking bands worn on your hands, feet, back and head, with a price of 49,500 yen (about $358). The aim is to let you track your body to create videos or operate avatars in real time with metaverse apps like VRChat.

November 29, 2022

AWS announces Digital Sovereignty Pledge

Right on time for its annual post-Thanksgiving re:Invent festivities in Las Vegas, AWS last night announced its “AWS Digital Sovereignty Pledge” — and before you click away, let me just point out that this is definitely more important than the prosaic name implies.

November 18, 2022

The Arc browser is the Chrome replacement I’ve been waiting for

Switching to the Arc browser is hard. You should know that right up front. It’s not that it’s technically difficult: Arc has some simple tools for importing bookmarks, it runs the same underlying engine as Chrome, and the onboarding process is actually thoroughly delightful.

November 18, 2022

EU secures deal on satellite internet system

Representatives from the European Parliament and the European Council, the grouping of 27 EU countries, agreed to a deal on Thursday. The European Commission announced the initiative to build and operate a satellite internet system in February.

November 16, 2022

Payload raises $4.7M for its developer-first headless CMS

Payload, which develops a headless open-source content management system (CMS), today announced that it has raised a $4.7 million seed round led by Google’s AI-focused Gradient Ventures.

November 16, 2022

Lucid unveils its less expensive Air models

The Lucid Air is a fantastic first car from a new automaker. It’s also a very expensive EV out of the reach of most people. The company has promised less expensive versions of the Air and today those vehicles are finally being unveiled.

November 16, 2022

Nuclear Fusion Experiment Just Made Something Very Strange Happen

In a recent study, charged atoms, also known as ions, have been found to behave strangely during nuclear fusion reactions, in ways that scientists did not expect.

November 15, 2022

From science fiction to reality, 'no kill' meat may be coming soon

Imagine a way to produce meat without slaughtering animals. Instead of raising livestock on farms, Uma Valeti, a cardiologist, and co-founder of Upside Foods, dreamt of a way to "grow" meat in a production facility, by culturing animal cells.

November 15, 2022

Direct-to-Satellite Cell-Phone Service Poised For Another Try

AST SpaceMobile Inc.’s BlueWalker 3, a flat waffle of a spacecraft, successfully deployed on Nov. 10, unfolding to its 693-square-foot expanse, the company said Monday.

November 11, 2022

Meet Pineapple, the platform aiming to reshape professional networking for Gen Z

Pineapple, an app that’s aiming to reshape professional networking for Gen Z, is officially launching to the public today. The idea behind Pineapple is to give young professionals a way to network with others through a visual story profile that’s kind of like a digital portfolio.

November 11, 2022

15 Fake Twitter Accounts Causing Absolute Chaos Right Now

Elon Musk purchased Twitter for $44 billion just two weeks ago and he’s already made a complete mess of the social media company. Advertisers are fleeing, literal neo-Nazis are getting verified, and impersonator accounts are running rampant. And Musk needs to figure out a way to make $1.

November 11, 2022

World’s 1st saliva pregnancy test by Israeli startup to hit shelves next year

The world’s first saliva-based pregnancy tests developed by a Jerusalem-based startup will soon be on shelves in pharmacies and other retail stores in Israel, Europe, South Africa and the United Arab Emirates.

November 11, 2022

Amazon’s next-generation Prime Air delivery drone can fly further and through ‘light’ rain

Amazon is building a better drone that should help chart a course for the company’s Prime Air delivery service after the project was reportedly hampered by multiple malfunctions, crashes, and even fires.

November 10, 2022

Google One's VPN comes to Mac and Windows

You no longer need to pull out your phone to use Google One's virtual private network. Google has released One VPN apps for Mac and Windows systems. As on mobile, the VPN encrypts and otherwise masks your internet traffic.

November 5, 2022

Meet Budibase, a low-code open-source web app builder with automations

While there are differing perspectives on the degree to which no-code and low-code development tools could eventually supplant human software developers, it’s clear that any software that takes care of the technical “heavylifting” is having a huge impact within businesses — in terms of openi

November 1, 2022

Discord Bans 68,000 Servers, 55 million Accounts

The social media platform Discord recently published its quarterly safety report which notes that some 55,573,411 accounts and 68,379 servers were “disabled” between January and June, 2022.

November 1, 2022

SpaceX successfully launches Falcon Heavy for the fourth time ever

SpaceX has launched its Falcon Heavy rocket on a mission for the U.S. Space Force. This is the fourth ever launch of the company’s heavy payload launch vehicle, which first flew in 2018. Today’s launch also marks SpaceX’s 50th in 2022. The payload for today’s launch includes two U.S.

October 27, 2022

Saudia to buy up to 100 Lilium electric aircraft for domestic network

RIYADH, Oct 26 (Reuters) - Saudi Arabian Airlines (Saudia) has signed an agreement with German air taxi developer Lilium to buy up to 100 of its aircraft for use on Saudia's domestic network, the state carrier's chief executive said on Wednesday.

October 24, 2022

Why the Army hates AR goggles

The future is troubled for a military device called the Integrated Visual Augmentation System (IVAS). It’s a headset, based on Microsoft’s HoloLens, that uses cameras and displays to offer soldiers more information about their environment.

October 21, 2022

Zapier extends its automation service with first-party database and UI tools

For the longest time, Zapier, which launched in 2011, was content with helping its users automate simple workflows and build integrations between various business-critical tools.

October 18, 2022

Apple announces new iPad Pro with M2 chip and Wi-Fi 6E

Apple has just announced the new sixth-generation iPad Pro. The company’s latest flagship tablet is powered by the M2 chip that first debuted in the MacBook Air and 13-inch MacBook Pro earlier this year. It’ll be available in the same two screen sizes as before: you can choose between 12.

October 18, 2022

Now Mark Zuckerberg’s making fun of Apple for iMessage, too

Mark Zuckerberg spent last week dragging Apple about how it could run an ecosystem for VR apps, but now it seems he’s chosen a different target: on Monday, he posted a picture of an ad for WhatsApp on Instagram, along with a comment about how the platform is more secure than iMessage.

October 13, 2022

It’s painful how hellbent Mark Zuckerberg is on convincing us that VR is a thing

At Meta Connect 2022, the company’s annual developer conference for its VR efforts and Oculus hardware platform, the company announced a lot of stuff — but what it communicated more effectively than anything else was just how incredibly thirsty — one might even say desperate — Mark Zuckerber

October 13, 2022

VUZ raises $20 million to scale its immersive social app

VUZ, a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment.

October 9, 2022

Hitting the Books: Steve Jobs' iPhone obsession led to Apple's silicon revolution

The fates of Apple and Taiwanese semiconductor manufacturer TSCM have grown inextricably intertwined since the advent of the iPhone.

October 6, 2022

Meet Fizz, the social app downloaded by ‘95% of Stanford undergrads’

Last fall, Rakesh Mathur stayed up until the wee hours of the morning, waiting for his daughter to come home from a frat party at Stanford. “She walks in at 2:30 with just a big, beaming smile. There’s no apology or anything like that,” Mathur told TechCrunch.

October 4, 2022

Tesla (TSLA) stock falls on robot getting ridiculed as Elon Musk claims it’s misunderstood

Tesla’s stock (TSLA) is free-falling today as its newly unveiled robot is getting ridiculed, but Elon Musk claims people don’t understand the value. Tesla’s stock is down 8% today while the Nasdaq is up 2%.

September 26, 2022

Google Now Lets You Remove Your Personal Info From Search Results…And Other Small Business Tech News This Week

Here are five things in technology that happened this past week and how they affect your business. Did you miss them? — Google will be releasing a tool making it easier to remove search results that contain personally identifiable information such as addresses, phone numbers, and more.

September 21, 2022

Report: T-Mobile has best 5G Availability and 5G Reach in the world

T-Mobile customers are able to enjoy 5G signals more often and in more places compared to anyone else in the world. And this is something that not only T-Mo has discovered. Earlier today, Opensignal published its latest 5G Global Mobile Network Experience Awards 2022.

September 19, 2022

Mercedes-Benz unveils its longest-range electric truck yet: eActros LongHaul

Mercedes-Benz Trucks has unveiled its longest-range electric truck yet at IAA this weekend: the eActros LongHaul.

September 19, 2022

Brelyon is turning heads with immersive virtual monitors

MIT spin-off Brelyon first showed off its tech at CES in Vegas back in January. Today it is announcing it has raised a chunk of cash, and I spoke to the company’s CEO to get a heads-up on what he’s been heads-down with, as he’s turning heads with his headless displays.

September 16, 2022

How AI Is Making Launching a Business Easier Than Ever

There has never been a better, easier time to start a business. Artificial intelligence technology is chipping away at the barriers to entry for aspiring entrepreneurs, which represent a meaningful segment of the U.S. population.

September 12, 2022

Just Like That, We’re Making Oxygen on Mars

Millions of miles away on Mars, in a barren crater just north of the equator, a rover is wandering around, carrying a gold-coated gadget the size of a toaster. The machine inhales the Martian air and strips away contaminants.

September 11, 2022

China plans three missions to the Moon after discovering a new lunar mineral that may be a future energy source

China is aiming to launch three missions to the moon after discovering a new lunar mineral that could be an energy source in the future.

September 11, 2022

United just ordered 200 more flying taxis — see inside Embraer's Eve eVTOL, which can fly up to 150 mph

United Airlines is getting serious about electric flying taxis that ferry passengers to nearby airports. Take a look at the Archer Aviation 'Maker' prototype.

September 9, 2022

Will the Apple Watch Ultra make Garmin the next Nokia?

If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. I had a funny feeling watching yesterday’s announcement of the Apple Watch Ultra: I’ve seen this show before.

September 3, 2022

Meta’s chip deal with Qualcomm may reflect its unrealized VR ambitions

From custom to Qualcomm? Qualcomm and Meta have signed a multi-year agreement promising to team up on custom versions of Qualcomm's Snapdragon XR chips for the "future roadmap of Quest products" and "other devices," as Mark Zuckerberg put it.

August 27, 2022

Say Hello to the Country's Fastest Residential Internet Speed Plan – in Chattanooga, Tennessee

What's happening The Chattanooga telecommunications company EPB is launching the first communitywide 25Gbps internet speed tier in the US.

August 27, 2022

A key leader for Meta's metaverse software is leaving the company

The vice president of Meta's Horizon social media virtual reality software, Vivek Sharma, is leaving the company, a spokesperson said Friday. Sharma has been an employee of Meta (previously Facebook) for the past six years and held high-ranking positions in the company's marketplace, gaming.

August 26, 2022

The GPU shortage is over. The GPU surplus has arrived!

How quickly things change: A year ago, it was nearly impossible to buy a GeForce GPU for its intended retail price. Now, the company has the opposite problem.

August 25, 2022

Chattanooga’s EPB boosts its speed to 25G across its footprint

Gig City leaders say they are boosting internet speeds again, and they say it will make Chattanooga the first community anywhere in the world to offer citywide 25 gigabit-per-second broadband service to all homes and businesses.

August 23, 2022

SmallRig Forevala W60 2.4GHz Dual-Channel Compact Wireless Microphone System

SmallRig has announced its new Forevala W60 2.4GHz Dual-Channel Compact Wireless Microphone System. The Forevala W60 is being touted as an affordable wireless audio solution that could be used for a wide array of video productions.

August 21, 2022

Tesla is increasing the price of its Full Self-Driving software to $15,000

For the second time this year, Tesla is increasing the price of its Full Self-Driving (FSD) feature. On Saturday, Elon Musk tweeted that the upfront cost of the driver assistance software would increase to $15,000 on September 5th.

August 18, 2022

Fruit-picking drones can solve the farm labor shortage

Fruit rotting on trees or on the ground costs farmers some $30 billion in sales a year. Fruit picked even two weeks late loses 80 percent of its value.

August 5, 2022

Sony FX3 becomes the latest Netflix approved camera

The Sony FX3 has just been added to the list of Netflix-approved cameras, making it one of the smallest and most affordable models to be included.

August 1, 2022

Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space.

July 31, 2022

It really does take a village to keep you secure in the cloud

As I walked the halls of the massive Boston Convention Center this week for AWS re:Inforce, the division’s annual security event, I spoke to a number of vendors, and one theme was clear: Cloud security really is a shared responsibility.

July 30, 2022

China’s BYD was written off by Elon Musk. Now it’s beating Tesla

Beijing, China – The Chinese company that this month dethroned Tesla as the world’s top seller of electric cars is no household name.

July 24, 2022

Google thinks its new programming language can topple C++

Google has revealed more on Carbon, a new programming language that the company believes could be the successor to C++. Programming languages are constantly improving and developing, and have been replaced in recent years with models that are even easier to use.

July 18, 2022

Denmark bans Chromebooks and Google Workspace in schools over data transfer risks

Denmark is effectively banning Google’s services in schools, after officials in the municipality of Helsingør were last year ordered to carry out a risk assessment around the processing of personal data by Google.

July 7, 2022

MKBHD says yes to Google Glass, no to the metaverse

If you’ve ever searched on YouTube for a review of the latest iPhone or electric car, then you’ve probably encountered Marques Brownlee. Since he started his channel MKBHD as a teenager in 2009, Brownlee has amassed 15.8 million subscribers for his in-depth, yet approachable tech videos.

July 7, 2022

Meta sues Chinese company’s US subsidiary for scraping Facebook and Instagram data

Facebook’s parent company Meta has announced that it’s suing the U.S. subsidiary of a Chinese tech company, accusing it of offering data scraping services for Facebook and Instagram.

July 6, 2022

EU scraps 115 grants for UK scientists and academics amid Brexit row

British scientists and academic researchers have been dealt a blow after 115 grants from a flagship EU research programme were terminated because of the continuing Brexit row over Northern Ireland.

July 2, 2022

OpenSea users' email addresses leaked in data breach

NFT marketplace OpenSea shared today that it’s the victim of another data breach — though this time the target is one of its vendors. An employee of its email delivery vendor, Customer.

June 24, 2022

How will Google's passwordless FIDO security work?

Best answer: Google has teamed with the FIDO (Fast ID Online) alliance and will support the latest security standards for logging in to almost any service without using a password.

June 23, 2022

Why everyone wants Arm

Tech giants, governments, trustbusters, investors: all eyes are on the much-anticipated stockmarket listing of Arm. Despite the recent rout in tech stocks, SoftBank, the Japanese group that paid $32bn for the British chip designer in 2016, still plans to refloat its shares by next March.

June 19, 2022

TikTok Says All Data for U.S. Users Now Routed to Oracle Cloud

Short-video app will continue storing backup data of U.S. users in its own data centers in Virginia and SingaporeTikTok says it also would be working with Oracle to develop protocols for how data is accessed and managed.

The Wall Street Journal

June 11, 2022

Federal EV charging network: Four 150-kw connectors, every 50 miles

The federal government on Thursday further sketched out plans for a national EV charging network to be funded by the Biden administration's infrastructure law.

June 11, 2022

MIT researchers uncover ‘unpatchable’ flaw in Apple M1 chips

Apple’s M1 chips have an “unpatchable” hardware vulnerability that could allow attackers to break through its last line of security defenses, MIT researchers have discovered.

June 9, 2022

Apple’s M2 Pro, M2 Max Will Undergo Mass Production on TSMC’s Cutting-Edge 3nm Technology Later This Year

With Apple’s M2 SoC officially unveiled at WWDC 2022, what is expected later are more powerful chipsets that will sport a higher CPU and GPU core count, the M2 Pro and M2 Max.

June 9, 2022

Apple’s medication feature is a step in the right direction

Apple isn’t inventing anything new with its medication tracking feature for iPhone and Apple Watch, which the company announced as part of watchOS 9 at WWDC 2022 this week. There are plenty of apps already on the market that give people alerts when they’re supposed to take their medications.

June 8, 2022

Qualcomm Aims to Surpass Apple's M2 With Nuvia Chips

What's happening Qualcomm teases the power of its next-generation processor. Why it matters These processors could make future PCs lighter, faster and more power efficient. What's next You'll start to see these more powerful laptops and PCs as soon as late 2023.

June 8, 2022

Google Cloud opens a new region in Texas

Google Cloud today announced the launch of its new cloud region in Dallas, Texas, as it continues to expand its data center footprint around the world. The new region marks the company’s 11th region in North America.

May 31, 2022

Qualcomm Wants to Buy Arm Stake in Upcoming IPO, CEO Tells FT

Qualcomm Inc. wants to buy a stake in SoftBank Group Corp.’s Arm Ltd. in the chipmaker’s upcoming initial public offering, Chief Executive Officer Cristiano Amon told the Financial Times.

May 7, 2022

Google Offering Up to $100,000 in Career Certificate Scholarships to Every Small Business in the US

Google recently announced that they will be giving every U.S. business up to 500 Google Career Certificate scholarships to upskill employees, which could be worth as much as $100,000 of workforce training to any one American company.

May 6, 2022

The 2022 martech map shows the space growing towards 10,000 solutions

2022 Martech LandscapeTwo years after publishing his last marketing technology landscape graphic in April 2020, HubSpot’s VP platform ecosystem Scott Brinker has partnered with Frans Riemersma of Martech Tribe to unveil the 2022 Marketing Technology Landscape, populated by some 9,932 martech solut

May 6, 2022

Tony Fadell talks about Steve Jobs’ controversial decisions on iPod and iPhone development

Tony Fadell, also known as the father of the iPod, released his new book this week called Build, which tells the story behind his 30 years working in Silicon Valley companies.

9to5mac.com

min read

Mindset News

February 1, 2023

I made $1 million in revenue last year selling project-management templates. Here's how I built up this new income stream in just 2 years.

This as-told-to essay is based on a conversation with Thomas Frank, who is from Denver, about selling templates for the note-taking software Notion. Insider verified his revenue with documentation. The following has been edited for length and clarity. I've been making content online since 2010.

January 27, 2023

7 signs of a socially intelligent person (that can’t be faked)

It’s often thought that social intelligence comes to people naturally. You’re either born with it or you don’t have it.

January 24, 2023

Six Minutes of Intense Exercise Boosts a Crucial Molecule in Your Brain

Six minutes of high-intensity exercise is enough to produce a key protein in the brain, one that's important in brain formation, function, and memory, and which has been implicated in the progress of neurodegenerative disorders such as Alzheimer's disease.

January 23, 2023

11 signs you’re a cool person (even if it doesn’t feel that way)

We all know what the stereotypical “cool person” is supposed to look like – attractive, charming, fashionable, and confident. So it’s easy to look at yourself in the mirror and immediately say: I’m not a cool person.

January 20, 2023

What the Longest Study on Human Happiness Found Is the Key to a Good Life

The Harvard Study of Adult Development has established a strong correlation between deep relationships and well-being. The question is, how does a person nurture those deep relationships?

January 20, 2023

Instagram’s new ‘Quiet Mode’ helps you take a break from the app

Instagram announced today it’s expanding its selection of time management tools with the launch of a new feature called “Quiet Mode.

January 4, 2023

Day 2: The Secret Power of the 8-Minute Phone Call

That seems weird, she wrote back. Come on, I wheedled. You can do it. The president of the United States could probably do eight minutes! I promise not to go long. Name a time.

January 4, 2023

My Dad Just Died. He Knew The Secret To Being A Good Father — And Now I Finally Get It.

There is a photo of my dad I can’t stop staring at. In it, he’s about the same age that I am right now. I’m not sure if the memory of him in it or the photo itself came first, but they are linked forever, especially now that he’s gone.

December 27, 2022

10 habits that separate sophisticated people from unsophisticated people

What separates a sophisticated person from an unsophisticated person? It’s the habits.

December 27, 2022

This woman charges $480 an hour to help Gen Z and millennial workers overcome their fear of talking on the phone

Smartphones can do lots of things — but plenty of people with them make very few, if any, actual phone calls. That's left many younger workers lacking the confidence to speak effectively on the phone at work.

December 27, 2022

Small Steps to Improve Your Mental Health in 2023

This year may not have been the sea of calm you had hoped for after the tumult of 2020 and 2021. The pandemic continued; war broke out in Europe; we experienced natural disasters and troubling shortages; and more viruses stoked fears. But 2022 was also a year of learning and discovery.

December 27, 2022

I Have Just Months To Live. Instead Of Making A Bucket List, Here's What I'm Doing Before I Go.

Nearly 20 years ago, my wife Hannah, an expert knitter, taught our 5-year-old son Abe the basics of knitting. When I returned home from work one day, Abe excitedly met me at the door and insisted I sit with him while he taught me his new skill.

December 12, 2022

I'm a Doctor and Wish Everyone Knew This About Pancreatic Cancer Signs

Thanks to screenings that can help detect cancer early and advances in medicine, cancer has become more treatable and the survival rate has increased for several types of cancer.

December 12, 2022

10 things wise people understand about life that most people don’t

To become physically stronger, it’s understood that one must lift heavyweights. To become smarter, one must study intensely.

December 8, 2022

Social Media Is for Strangers Now

As Instagram and Facebook fade from relevance, the connections between friends are fading online too. This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.

December 7, 2022

The easiest way to travel full time? See what a 28-year-old paid for an apartment on a cruise ship

Austin Wells loves to travel the world. But he doesn't like long flights, jet lag or an unsettled routine.

December 7, 2022

Why Did So Many US Men Quit Working? Social Status May Hold the Key, Study Says

Men’s sense of their status in the labor market is highly dependent on how much they earn compared with male peers of similar age, according to the research by Pinghui Wu, an economist at the Federal Reserve Bank of Boston.

December 6, 2022

Scientists make breakthrough discovery: Why people get more colds in winter

This research is right on the nose. Scientists have discovered why people get more colds during the winter months in research the medical community is hailing as a breakthrough.

December 6, 2022

Gut Bacteria Are Linked to Depression

New research has bolstered a once-gutsy idea: Bugs in the digestive system may play a role in depression. Two studies published Tuesday in the journal Nature Communications found a link between several types of bacteria in the gut and depressive symptoms.

The Wall Street Journal

November 30, 2022

Cannabis For Pain Relief? Review of 20 Studies Provides Sobering Results

Cannabis is one of the most widely used drugs in the world. While there are only a few countries where cannabis is legal for recreational use, many more countries have legalized the use of cannabis for medical reasons.

November 29, 2022

Antioxidant Flavonols Linked to Slower Memory Decline

Summary: Increasing consumption of food and drinks high in antioxidant flavonols helps slow memory and cognitive decline, a new study reports.

November 27, 2022

Employers Rethink Need for College Degrees in Tight Labor Market

The tight labor market is prompting more employers to eliminate one of the biggest requirements for many higher-paying jobs: the need for a college degree. Companies such as Alphabet Inc.’s Google, Delta Air Lines Inc. and International Business Machines Corp.

The Wall Street Journal

November 23, 2022

Expert Proposes a Method For Telling if We All Live in a Computer Program

Physicists have long struggled to explain why the Universe started out with conditions suitable for life to evolve. Why do the physical laws and constants take the very specific values that allow stars, planets, and ultimately life to develop?

November 15, 2022

A New Formula for Happiness

The happiness we seek can require investing earlier than we think—and may help us align our expectations and reality at the end of life. We often follow a misguided formula for happiness—pushing us toward material wealth and other worldly successes.

November 13, 2022

Covid Depression Is Real. Here’s What You Need to Know.

The risk of developing symptoms of depression remains high up to a year after you’ve recovered. The World Health Organization noted this year that anxiety and depression increased by 25 percent across the globe in just the first year of the Covid-19 pandemic.

November 12, 2022

What Happens to the Dopamine System When We Experience Aversive Events?

Summary: The dopamine system helps the brain anticipate the occurrence and duration of unpleasant events, but without taking errors into account. It is well known that the dopamine system plays a crucial role in motivation, learning and movement.

November 11, 2022

Mindfulness worked as well for anxiety as drug in study

Mindfulness meditation worked as well as a standard drug for treating anxiety in the first head-to-head comparison. The study tested a widely used mindfulness program that includes 2 1/2 hours of classes weekly and 45 minutes of daily practice at home.

October 20, 2022

The End of a Millennial Internet Era

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. Millennials are seeing their version of the internet slip away and even be dismissed as “cringe.

October 13, 2022

Large study provides powerful evidence of long covid’s lasting impact

The Scottish study, one of the largest on long covid, found that 1 in 20 people had not recovered more than six months after infection.

October 10, 2022

Dutch court rules that being forced to keep a webcam on while working is illegal

A court in the Netherlands has ruled that a US company violated a Dutch worker's human rights by forcing him to keep his webcam on during work hours, TechCrunch has reported.

September 26, 2022

Americans are terrible at taking vacations. Why are U.S. workers so bad at taking time off?

Two weeks of vacation is not sufficient, said President William Howard Taft in 1910. How much did the president think Americans should have? Two to three months — that’s what is needed for people to protect their “health and constitution.”

September 24, 2022

Turns Out That Our Gut Bacteria Love Plant Protein, New Study Finds

A new study has discovered that plant protein keeps our gut bacteria happy, helping researchers better understand how to manage good gut health. Share this A specific enzyme found attached to plant proteins is a food source for the bacteria in our gut, new research suggests.

September 24, 2022

America’s False Idols

My first job out of UCLA was in the analyst program at Morgan Stanley, in the 1980s. Like most of my analyst class, I had no idea what investment banking was—only that we were at the helm of the capitalist bobsled and could make a lot of money.

September 21, 2022

Mental Health Is Political

What if the cure for our current mental health crisis is not more mental health care?

September 10, 2022

Cancers in Adults Under 50 Have Increased Dramatically Around The Globe

Cancer has long been part of the human story. But a new review has shown that, recently, something has shifted. Since 1990, the number of adults under the age of 50 developing cancer has increased dramatically around the world.

August 23, 2022

Instagram’s latest feature test is about being BeReal

The unwritten rule of the internet is that “if there’s a new social media feature, Instagram will copy it.” In the latest example, the Meta-owned social network is testing a BeReal clone feature that challenges people to post candid photos within two minutes.

August 21, 2022

Neuroscientists finally figured out why thinking can be so exhausting

The Pomodoro Technique, a time management strategy that centers on taking regular breaks from mind-intensive work, helps many people keep a steady pace throughout the workday without burning out.

August 5, 2022

Startup founders' mental health is crumbling under the stress of a turbulent economic year and uncertain funding. Yet many suffer in silence.

On November 15, Mirai Labs opened access to its virtual horse-racing game, Pegaxy, the startup's foray into the world of Web3. The crypto industry at large was riding a tailwind, with venture-capital investors clamoring to back the next Coinbase or Axie Infinity.

August 2, 2022

Why Do Rich People Love Quiet?

New York in the summer is a noisy place, especially if you don’t have money. The rich run off to the Hamptons or Maine. The bourgeoisie are safely shielded by the hum of their central air, their petite cousins by the roar of their window units.

August 1, 2022

Gen Z Knows What It Wants From Employers. And Employers Want Them.

To tap into the creativity of younger workers, and to offset a labor shortage, companies are offering four-day weeks, club memberships and work-from-anywhere flexibility. Danielle Ross is a 26-year-old who lives in a small town in upstate New York. She describes herself as artistic and creative.

July 31, 2022

Psychology research has shown that negative moods can actually be quite useful

As psychiatry, which uses medical and biological methods to treat mental disorders, has largely overtaken psychotherapy, which relies on non-biological approaches such as conversation and counselling, psychotherapists have sought alternative challenges.

July 19, 2022

Political correctness can lead to cognitive exhaustion, according to new research

Political correctness in the workplace is a prominent and controversial topic in the United States. But surprisingly little research has examined the consequences of engaging in self-censorship to avoid marginalizing or offending others.

July 10, 2022

‘Disturbing’: weedkiller ingredient tied to cancer found in 80% of US urine samples

More than 80% of urine samples drawn from children and adults in a US health study contained a weedkilling chemical linked to cancer, a finding scientists have called “disturbing” and “concerning”.

June 30, 2022

Research Sheds Light on Mechanism by Which Long-Term Anti-Anxiety Drug Use Affects the Brain

Summary: Study reveals a possible mechanism by which anxiolytic medications act on the brain, leading to cognitive impairment.

June 23, 2022

People Hurt Other People to Signal Their Own Goodness

Summary: People who intentionally hurt others because they believe they are morally right or justified, do not respond rationally to material benefits, a new study reports.

June 23, 2022

Uncovering Links Between Determination, Grit and Cognitive Function

Summary: People who are more determined, or express more “grit” have different patterns of cognitive performance, researchers say. However, having more grit does not necessarily translate into having better cognitive performance.

June 20, 2022

A millennial couple dipped into their retirement savings to purchase a Vermont vacation home. Now they run a 15-Airbnb empire that nets over $100,000 in bookings a month.

The Vermont cabin that Lauren Hudson and Chris Krieger purchased in 2017 for $235,000 was supposed to be a vacation home that they occasionally rented on Airbnb to help cover the mortgage.

June 1, 2022

I spent some time on the tech job site Blind, and what I learned about the anxiety in Silicon Valley is really, really scary

If you want to get a core sample of what Silicon Valley engineers are feeling these days, as the tech industry implodes around them, spend some time on Blind.

May 30, 2022

Showing signs of stress could make us more likeable and prompt others to act more positively towards us

In a new study published in Evolution and Human Behavior, researchers found that people who displayed more nonverbal stress behaviors were rated as more likeable. People who had more social connections were more accurate in detecting stress in others.

May 28, 2022

How this 34-year-old CEO beat self-doubt to build a $1 billion start-up: 'I was the last person to bet on me'

When it comes to unicorns, payments start-up Stax may be one of the rarest of the rare. The Orlando-based payments start-up sits nearly 2,500 miles away from the tech incubators of Silicon Valley.

May 19, 2022

Goldman Sachs CEO advises clients to be cautious because Fed policy has unpredictable consequences

Goldman Sachs CEO David Solomon is advising his clients to be more cautious with their finances because the Federal Reserve's moves to combat inflation could result in recession or other negative consequences.

May 8, 2022

Hundreds of Suicidal Teens Sleep in Emergency Rooms. Every Night.

On a rainy Thursday evening last spring, a 15-year-old girl was rushed by her parents to the emergency department at Boston Children’s Hospital.

May 6, 2022

Extroverts Often Become Leaders. But They Face a Challenge in Staying Leaders.

They speak up often. They assert themselves. They are high energy. They are outgoing. These are some key traits of extroverts, and those who exhibit them are known to rise to leadership roles. Researchers call it the “extroverted leadership advantage.”

The Wall Street Journal

May 5, 2022

How big companies kill ideas — and how to fight back, with Tony Fadell

If you buy something from a Verge link, Vox Media may earn a commission. See our ethics statement. Tony Fadell was instrumental in the development of the iPod and iPhone at Apple and then co-founded Nest Labs, which kicked off the consumer smart home market with its smart thermostat in 2011.

May 4, 2022

U.S. Job Openings, Quits Reached Records in March

Employers posted 11.5 million job openings, according to government estimates, as people quit jobs 4.

The Wall Street Journal

May 4, 2022

7 JPMorgan employees explain why the bank's return-to-office policies have them running for the exits — and what they want to tell Jamie Dimon about his 'surveillance state'

Since the start of the coronavirus pandemic, swaths of the white-collar workforce have experienced a transformation in when, where, and how they work.

May 2, 2022

New Links Found Between Musical Training and Cognitive Ability

Summary: Musical training influences visual working memory, researchers discovered. The study found regions of the brain may share a common component that influences both visual and musical working memory.

April 24, 2022

Massive Study Finds We Need Better Therapies Than Antidepressants. Here's Why

Antidepressants are the mainstay for treating depression, but their use is clouded by questions about lasting efficacy. A new study now suggests antidepressants may not improve people's quality of life in the long run, compared to depressed people who don't take this type of medication.

April 22, 2022

To Get Into the Ivy League, ‘Extraordinary’ Isn’t Always Enough These Days

Kaitlyn Younger has been an academic standout since she started studying algebra in third grade. She took her first advanced-placement course as a freshman, scored 1550 on her SATs as a junior at McKinney High School near Dallas and will graduate this spring with an unweighted 3.

The Wall Street Journal

April 15, 2022

Toxic company culture is the No. 1 reason workers are quitting jobs, survey finds

Nearly 33% of employees in the U.S. are considering quitting their jobs, while 25% have actually resigned over the past six months, citing "toxic company culture" as their No. 1 reason for leaving.

April 15, 2022

Some Personality Traits Appear to Be Linked to Cognitive Impairment Later in Life

Having specific personality traits might be connected to our risk of developing cognitive problems later on in life, new research suggests – and that in turn might point to better ways of treating issues like dementia.

April 12, 2022

Why American Teens Are So Sad

The Atlantic

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Latest News

February 3, 2023

Penpot, the open source platform for designers and their coders, draws up $12M as users jump to 250K

February 3, 2023

Pace of U.S. Hiring Surges Unexpectedly

February 2, 2023

Walmart puts an End to Potential Theft with the “Banana trick” Technique in its Self-Checkout system

February 2, 2023

OpenAI announces ChatGPT Plus at $20 a month

The Verge

min read

All News

February 2, 2023

Statcounter: Windows 11 crosses 18% mark but Windows 10 is not giving up

In addition to covering the most recent changes in the browser market (desktop and mobile), Statcounter's January 2023 report covers operating systems for computers and mobile devices.

February 2, 2023

Fed Chair Powell: Given our outlook, I don't see us cutting rates this year

Fed Chair Jerome Powell answers questions from reporters after the central bank announced it was raising interest rates another 25 basis points.

February 2, 2023

Intel slashes employee, exec pay amid PC market downturn

February 1, 2023

I made $1 million in revenue last year selling project-management templates. Here's how I built up this new income stream in just 2 years.

January 31, 2023

I was obsessed with my Tesla but Elon Musk convinced me I'd rather drive an electric Mercedes-Benz

January 31, 2023

Hacker finds bug that allowed anyone to bypass Facebook 2FA

January 27, 2023

Ukrainian Commanders on Front Lines Look to Western Tanks for Breakthrough

The Wall Street Journal

January 27, 2023

7 signs of a socially intelligent person (that can’t be faked)

It’s often thought that social intelligence comes to people naturally. You’re either born with it or you don’t have it.

January 24, 2023

Six Minutes of Intense Exercise Boosts a Crucial Molecule in Your Brain

January 24, 2023

Gas prices fall, inflation eases. Can the eurozone escape a recession?

It was the writing ominously scratched on the wall: the eurozone was heading for a deep and calamitous recession, blamed on Russia's war in Ukraine, a devastating energy crisis and soaring inflation.

January 24, 2023

Walmart to raise wages for U.S. hourly workers

January 24, 2023

DOJ Sues Google, Seeking to Break Up Online Advertising Business

The Wall Street Journal

January 23, 2023

Economists Say the Fed Is Making Another Inflation Mistake. Here’s Why.

The Wall Street Journal

January 23, 2023

ChatGPT passed a Wharton MBA exam and it’s still in its infancy. One professor is sounding the alarm

This week, Terwiesch released a research paper in which he documented how ChatGPT performed on the final exam of a typical MBA core course, Operations Management. The A.I.

January 23, 2023

Some Google workers who've been laid off earned as much as $1 million a year, report says

Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making seven figures, The Information reported.

January 23, 2023