In this issue

Democrats muscled legislation through the House that they say positions the United States to better compete with China economically and on the global stage by strengthening the domestic semiconductor industry and shoring up strained supply chains. The bill passed by a vote of 222-210. It marks an important step for a top Biden administration priority, but the legislation is likely to be extensively revised as negotiators reconcile differences with what the Senate passed about eight months ago.

STATES GET GO-AHEAD TO BUILD ELECTRIC CAR CHARGING STATIONS

States are being given the go-ahead to build a nationwide network of electric vehicle charging stations that would place new or upgraded stations every 50 miles (80 kilometers) along interstate highways, part of the Biden administration’s plan to spur widespread adoption of the zero-emission cars.

1 min

TESLA POSTS RECORD PROFIT, WON'T PRODUCE NEW MODELS IN 2022

Tesla Inc. posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry.

3 mins

MUSK HELPING RESTORE TONGAN INTERNET; VIRUS OUTBREAK GROWING

Entrepreneur Elon Musk is helping reconnect Tonga to the internet after a volcanic eruption and tsunami cut off the South Pacific nation more than three weeks ago, according to officials, while repairs on an undersea cable are proving more difficult than first thought.

4 mins

TWITTER POSTS LOSS FOR 2021, BUT STOCK UP ON SHARE BUYBACK

Twitter’s shares jumped in early trading Thursday after it posted strong revenue growth last year and announced a $4 billion share buyback program. That’s despite losing money in 2021 and falling short of Wall Street expectations for user growth in the last three months of the year.

2 mins

2 of 6 Boeing Max Test Fraud Counts Against Pilot Dropped

A judge has tossed two of six fraud counts against a former Boeing pilot involved in evaluating the troubled Boeing 737 Max jetliner.

2 mins

HOUSE PASSES BILL TO BOOST US COMPUTER CHIP PRODUCTION

Democrats muscled legislation through the House that they say positions the United States to better compete with China economically and on the global stage by strengthening the domestic semiconductor industry and shoring up strained supply chains.

4 mins

MONEY FOR NOTHING: CITIES' CRYPTO PUSH DRAWS FANS, CRITICS

A small group of cryptocurrency enthusiasts has an offer that they’re hoping U.S. cities can’t refuse.

5 mins

A SIGN OF RANSOMWARE GROWTH: GANGS NOW ARBITRATE DISPUTES

Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United States, Australia and the United Kingdom that paints a bleak picture of ransomware trends.

2 mins

SAMSUNG UNVEILS NEW PHONES AS PREMIUM MARKET SHARE SHRINKS

Samsung is trying to reclaim lost ground in the coveted high end of the smartphone market with a new lineup of Galaxy S models designed to appeal to consumers who are increasingly sharing videos of their antics on TikTok, Facebook, YouTube and other popular apps.

3 mins

LOVE & LOGINS: WHO GETS CUSTODY OF PASSWORDS IN A BREAKUP?

Emily Taffel didn’t pull the password plug when she divorced her first husband, and she didn’t cut off the boyfriend who followed. Now remarried with four stepchildren, she continues as a model of civility when it comes to exes and logins.

5 mins

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