In this issue

Maverick’s next wingman could be a drone. In the movies, fighter pilots are depicted as highly trained military aviators with the skills and experience to defeat adversaries in thrilling aerial dogfights. New technologies, though, are set to redefine what it means to be a “Top Gun,” as algorithms, data and machines take on a bigger role in the cockpit. Changes hinted at in “Top Gun: Maverick.”

SENATE PASSES BILL TO BOOST COMPUTER CHIP PRODUCTION IN US

A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration.

4 mins

FTC ACTS TO BLOCK META FROM BUYING VR COMPANY, FITNESS APP

Federal regulators took legal action to block Facebook parent Meta and CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural, asserting the deal would hurt competition and violate antitrust laws.

2 mins

FACEBOOK PARENT META POSTS FIRST REVENUE DECLINE IN HISTORY

Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters — and as competition from rival TikTok intensifies.

2 mins

MICROSOFT BLAMES ECONOMIC WOES FOR MISSING PROFIT TARGETS

Microsoft on Tuesday reported fiscal fourth quarter profit of $16.7 billion, or $2.23 per share, falling short of analyst expectations for $2.29 per share — a rare disappointment from the tech giant that has consistently beat Wall Street expectations in recent years.

2 mins

FACEBOOK GIVES USERS NEW WAY TO SEE ALL THEIR FRIENDS’ POSTS

Facebook is rolling out an update that enables its 2 billion daily users to more easily view their friends’ posts in chronological order.

1 min

AMAZON TO RAISE PRIME FEES IN EUROPE, CITES RISING COSTS

Amazon is raising its Prime fees in Europe, the company told customers this week, days ahead of its second-quarter earnings report.

1 min

HAS REMOTE WORK CHANGED THE TRAVEL LANDSCAPE?

While some workers return to the office this year, many others continue to work remotely indefinitely. This seismic shift has changed where people live and work and, increasingly, how they travel.

3 mins

CLIMATE DISINFORMATION LEAVES LASTING MARK AS WORLD HEATS

In 1998, as nations around the world agreed to cut carbon emissions through the Kyoto Protocol, America’s fossil fuel companies plotted their response, including an aggressive strategy to inject doubt into the public debate.

4 mins

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Techlife News is a weekly magazine published by Mindfield Digital. It was first published in 2021 and is one of the most popular magazines for technology enthusiasts.

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