Business

Techlife News
E-WALLETS: WHAT HAPPENS TO YOUR CRYPTO IF YOU DIE?
If you’re merely dipping your toe in cryptocurrency, it can be hard to imagine your crypto as something worth talking to an estate attorney about.
4 min |
Techlife News #523

Techlife News
NINTENDO'S PROFIT DROPS FROM LAST YEAR'S PANDEMIC BOOM
Japanese video game maker Nintendo’s profit dropped 19% in the first half of its fiscal year from the previous year when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products.
1 min |
Techlife News #523

Techlife News
US TRADE DEFICIT HITS RECORD OF $80.9 BILLION IN SEPTEMBER
The U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb.
2 min |
Techlife News #523

Techlife News
YAHOO PULLS OUT OF CHINA, CITING ‘CHALLENGING' ENVIRONMENT
Yahoo Inc. said this week it has pulled out of China, citing an increasingly challenging operating environment.
2 min |
Techlife News #523

Techlife News
EARTH-MONITORING LANDSAT 9 LAUNCHES IN CALIFORNIA SATELLITE
The latest in a series of U.S. satellites that has recorded human and natural impacts on Earth’s surface for decades was launched into orbit from California on Monday to ensure continued observations in the era of climate change.
2 min |
Techlife News #518

Techlife News
TOY MAKERS RACE TO GET PRODUCTS ON SHELVES AMID SUPPLY CLOGS
With three months until Christmas, the Basic Fun toy company has made an unprecedented decision: leave one-third of its iconic Tonka Mighty Dump Trucks destined for U.S. store shelves in China.
5 min |
October 09, 2021

Techlife News
DENIS VILLENEUVE'S DREAMS OF ‘DUNE' REACH THE BIG SCREEN
It was the eyes that drew Denis Villeneuve to “Dune.”
5 min |
Techlife News #521

Techlife News
WHAT THE METAVERSE IS AND HOW IT WILL WORK
The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online.
5 min |
October 30, 2021

Techlife News
RESURGENT DEMAND DRIVES CATERPILLAR SALES IN THIRD QUARTER
Bustling construction sites, active drilling for energy and re-engagement in mines and other heavy industries doubled third-quarter profits at Caterpillar and drove sales up 25% as the global economy emerges from a pandemic.
2 min |
October 30, 2021

Techlife News
UN, US OFFICIALS URGE ACTION TO AVERT CLIMATE DISASTER
The U.N.’s top human rights official and U.S. President Joe Biden’s climate envoy called Thursday for countries to step up the fight against global warming, describing it as an issue of sheer survival for humankind.
3 min |
October 30, 2021

Techlife News
SKYPOD FIRM IN UAE TIED TO INVESTMENT COMPANY FLAGGED ABROAD
The small, four-seat pod glides above the sands of a test track in Sharjah in the United Arab Emirates, a futuristic transit solution promoted by a Belarusian firm that hopes to secure contracts here in the near future.
3 min |
October 30, 2021

Techlife News
US INTEL WARNS CHINA COULD DOMINATE ADVANCED TECHNOLOGIES
U.S. officials issued new warnings about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America.
2 min |
October 30, 2021

Techlife News
IN THE MIDDLE OF A CRISIS, FACEBOOK INC. RENAMES ITSELF META
An embattled Facebook Inc. is changing its name to Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg says is its commitment to developing the new surround-yourself technology known as the “metaverse.” But the social network itself will still be called Facebook.
2 min |
October 30, 2021

Techlife News
PEOPLE OR PROFIT? FACEBOOK PAPERS SHOW DEEP CONFLICT WITHIN
Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world.
6 min |
October 30, 2021

Techlife News
GOOGLE ADS GAIN FUELS PROFIT FOR PARENT COMPANY ALPHABET
A continued rebound in digital ad spending at Google drove its parent company’s profit up 68% in the third quarter.
1 min |
October 30, 2021

Techlife News
EU INVESTIGATES NVIDIA'S PURCHASE OF CHIP DESIGNER ARM
European Union regulators opened an investigation this week into graphics chipmaker Nvidia’s $40 billion purchase of chip designer Arm over concerns it would limit competition, adding to global scrutiny of the deal.
1 min |
October 30, 2021

Techlife News
ENERGY PRICES LIFT OIL AND GAS STOCKS, WEIGH ON THE ECONOMY
Energy prices are soaring in 2021 and oil and gas stocks are the clear winners, but the losers might just turn out to be businesses and consumers.
2 min |
October 30, 2021

Techlife News
‘As Seen on Tiktok' is the New ‘As Seen on TV'
Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok.
5 min |
October 16, 2021

Techlife News
FACEBOOK PLANS TO HIRE 10,000 IN EUROPE TO BUILD ‘METAVERSE'
Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives.
3 min |
Techlife News #521

Techlife News
COMPANY BEHIND TETHER ‘TOKEN' FINED $41M BY US REGULATORS
The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies
1 min |
Techlife News #521

Techlife News
SENATOR ASKS FACEBOOK CEO TO TESTIFY ON INSTAGRAM AND KIDS
The senator leading a probe of Facebook’s Instagram and its impact on young people is asking Facebook CEO Mark Zuckerberg to testify before the panel that has heard farreaching criticisms from a former employee of the company.
3 min |
Techlife News #521

Techlife News
RIGHT ON CUE: NBA FINDS HIGH TECH OPTION FOR VIRUS TESTING
If so inclined, an NBA player could now test himself for the coronavirus and get results on his phone in no more than 20 minutes.
2 min |
Techlife News #521

Techlife News
TESLA HITS RECORD PROFIT DESPITE PARTS SHORTAGE, SHIP DELAYS
Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
4 min |
Techlife News #521

Techlife News
NETFLIX POSTS HIGHER 3Q EARNINGS, SOLID SUBSCRIBER GROWTH
Netflix posted sharply higher third-quarter earnings thanks to a stronger slate of titles, including “Squid Game,” the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.
2 min |
Techlife News #521

Techlife News
VIRGINIA EXPECTS $2B IN PUBLIC-PRIVATE BROADBAND FUNDING
Virginia has received a record number of local and private sector applications to match state investments in broadband connectivity and the state expects more than $2 billion in total broadband funding, Gov. Ralph Northam announced this week.
1 min |
Techlife News #521

Techlife News
TRUMP ANNOUNCES LAUNCH OF HIS VERY OWN SOCIAL MEDIA SITE
Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said this week he’s launching a new media company with its own social media platform.
3 min |
Techlife News #521

Techlife News
WORKERS FED UP WITH NIGHTS, WEEKENDS SEEK FLEXIBLE SCHEDULES
After struggling to hire workers for its outlet store in Dallas, Balsam Hill finally opened on Sept. 1. But the very next day, the online purveyor of high-end artificial holiday trees was forced to close after four of its five workers quit.
2 min |
Techlife News #521

Techlife News
Apple Eases App Store Rules Again, to Allow Outside Signups
Apple is relaxing rules to allow some app developers such as Spotify, Netflix and digital publishers to include an outside link so users can sign up for paid subscription accounts.
1 min |
Techlife News #514

Techlife News
Australia Wants Facebook Held Liable for Anonymous Comments
Australia’s prime minister described social media as a “coward’s palace” and warned that digital platforms including Facebook should be held liable for defamatory comments posted anonymously.
2 min |
October 09, 2021

Techlife News
UNITED AIRLINES WILL ADD NEW INTERNATIONAL ROUTES NEXT YEAR
United Airlines said Thursday it will launch its biggest expansion of transatlantic service next year, a vote of confidence that international travel will rebound from the depths of the pandemic.
1 min |