Business
Techlife News
THE END: FACEBOOK-BACKED DIGITAL CURRENCY DIEM SOLD TO BANK
A once-ambitious but now faltering Facebookbacked digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital.
1 min |
February 05, 2022
Techlife News
SAMSUNG REPORTS ROBUST PROFIT BASED ON CHIP STRENGTH
Samsung Electronics Co. said this week its operating profit for the last quarter rose by more than 53% from the same period last year as it continued to thrive during the pandemic while relying on its dual strength in parts and finished products.
1 min |
February 05, 2022
Techlife News
FAITH IN THE METAVERSE: A VR QUEST FOR COMMUNITY, FELLOWSHIP
Under quarantine for COVID-19 exposure, Garret Bernal and his family missed a recent Sunday church service.
5 min |
February 05, 2022
Techlife News
SLOW DOWN: STATES GET INFRASTRUCTURE CASH FOR SPEED CAMERAS
Drivers, beware: Speed cameras could be on their way to a location near you thanks to President Joe Biden’s infrastructure law.
3 min |
February 05, 2022
Techlife News
FBI CONFIRMS IT BOUGHT SPYWARE FROM ISRAEL'S NSO GROUP
The FBI has confirmed purchasing NSO Group’s powerful spyware tool Pegasus, whose chronic abuse to surveil journalists, dissidents and human rights activists has long been established.
2 min |
February 05, 2022
Techlife News
DIGITAL WARFARE TECH AT SEA HELPING US FOES EVADE SANCTIONS
Technology to hide a ship’s location previously available only to the world’s militaries is spreading fast through the global maritime industry as governments from Iran to Venezuela — and the rogue shipping companies they depend on to move their petroleum products — look for stealthier ways to circumvent U.S. sanctions.
5 min |
February 05, 2022
Techlife News
FAA CLEARS VERIZON AND AT&T TO TURN ON MORE 5G CELL TOWERS
Federal safety regulators say they have cleared the way for Verizon and AT&T to power up more towers for new 5G service without causing radio interference with airplanes.
2 min |
February 05, 2022
Techlife News
A LIKELY POOR JOBS FIGURE FOR JANUARY COULD PROVE TEMPORARY
Last month, U.S. employers might have shed jobs for the first time in about a year, potentially raising alarms about the economy’s trajectory.
4 min |
February 05, 2022
Techlife News
Samsung Reports Robust Profit Based on Chip Strength
Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 53% from the same period last year as it continued to thrive during the pandemic while relying on its dual strength in parts and finished products.
2 min |
Techlife News #535
Techlife News
JAPAN'S MITSUBISHI, ENERGY BODY JOIN GATES' NUCLEAR PROJECT
Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates.
1 min |
Techlife News #535
Techlife News
PICASSO HEIRS LAUNCH DIGITAL ART PIECE TO RIDE ‘CRYPTO' WAVE
Pablo, meet Crypto. Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly — riding a fad for “crypto” assets that have taken the art and financial worlds by storm.
3 min |
Techlife News #535
Techlife News
NORTH CAROLINA CHOSEN FOR SUPERSONIC PASSENGER JET PLANT
A Colorado-based aviation company announced this week that it has chosen a North Carolina airport as the manufacturing site for next-generation supersonic passenger jets.
3 min |
Techlife News #535
Techlife News
HOT STUFF: LAB HITS MILESTONE ON LONG ROAD TO FUSION POWER
With 192 lasers and temperatures more than three times hotter than the center of the sun, scientists hit — at least for a fraction of a second — a key milestone on the long road toward nearly pollution-free fusion energy.
3 min |
Techlife News #535
Techlife News
DC, 3 STATES SUE GOOGLE SAYING IT INVADES USERS' PRIVACY
The District of Columbia and three states are suing Google for allegedly deceiving consumers and invading their privacy by making it nearly impossible for them to stop their location from being tracked.
3 min |
Techlife News #535
Techlife News
TESLA POSTS RECORD PROFIT, WON'T PRODUCE NEW MODELS IN 2022
Tesla Inc. on Wednesday 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 min |
Techlife News #535
Techlife News
‘SOLD BY AMAZON' PROGRAM ENDS FOLLOWING STATE INVESTIGATION
Amazon will end its “Sold by Amazon” program after an investigation by Washington state’s attorney general found it was anticompetitive and violated antitrust laws, according to court documents filed this week.
1 min |
Techlife News #535
Techlife News
Q&A: INTERNET GUARDIAN RON DEIBERT OF CITIZEN LAB
The internet watchdog Citizen Lab has been remarkably effective in calling to account governments and private sector firms that use information technology to put people in peril.
3 min |
Techlife News #535
Techlife News
UK'S BENTLEY POURING BILLIONS INTO ELECTRIC CAR OVERHAUL
Luxury automaker Bentley said this week it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines.
1 min |
Techlife News #535
Techlife News
David Bowie's Extensive Music Catalog Is Sold to Warner
The extensive music catalog of David Bowie, stretching from the late 1960s to just before his death in 2016, has been sold to Warner Chappell Music.
1 min |
08, January 2022
Techlife News
After Wave of Cancellations, Delta Sees Recovery in 2022
Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer.
3 min |
15, January 2022
Techlife News
19-year-old Woman Sets Record For Solo Global Flight
Home! And no longer alone.
3 min |
January 22, 2022
Techlife News
RED CROSS: HACK EXPOSES DATA ON 515,000 VULNERABLE PEOPLE
The International Committee of the Red Cross, which is best known for helping war victims, says hackers broke into servers hosting its data and gained access to personal, confidential information on more than a half-million vulnerable people.
1 min |
January 22, 2022
Techlife News
LAWSUIT: GOOGLE, FACEBOOK CEOS COLLUDED IN ONLINE AD SALES
Newly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online advertising sales. The CEOs of both companies were aware of the deal and signed off on it, the lawsuit alleges.
2 min |
January 22, 2022
Techlife News
NETFLIX UPPING US, CANADA PRICES WITH COMPETITION GROWING
Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.
1 min |
January 22, 2022
Techlife News
WHY AIRLINES FEAR 5G WILL UPEND TRAVEL THIS WEEK
AT&T will postpone new wireless service near some airports planned for this week after the nation’s largest airlines said the service would interfere with aircraft technology and cause massive flight disruptions.
3 min |
January 22, 2022
Techlife News
MICROSOFT BUYS GAME MAKER ACTIVISION BLIZZARD FOR ABOUT $70B
Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, to boost its competitiveness in mobile gaming and virtual-reality technology.
4 min |
January 22, 2022
Techlife News
AMERICAN AIRLINES REPORTS $931 MILLION FOURTH-QUARTER LOSS
American Airlines lost $931 million in the fourth quarter and the omicron variant of COVID-19 is delaying its recovery from nearly two years of pandemic.
2 min |
Techlife News #534
Techlife News
HOW TO CRUSH YOUR HOLIDAY DEBT
The holidays have left without a trace. Well, almost. Long after the decorations have come down, you still have debt hanging around.
3 min |
Techlife News #534
Techlife News
FBI, US AGENCIES LOOK BEYOND INDICTMENTS IN CYBERCRIME FIGHT
The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the head of the bureau’s cyber division said in an interview.
3 min |
January 22, 2022
Techlife News
AMAZON PLANS A CLOTHING STORE FOR A SOUTHERN CALIFORNIA MALL
Amazon says it plans to open a clothing store in a Southern California mall later this year, a first for the online behemoth and a fresh challenge for already struggling traditional retailers.
2 min |