The false announcement was temporarily featured on a major press release wire and in outlets including Reuters, CNBC and Yahoo Finance, before being deleted and corrected. It wasn’t immediately clear who created it.
Here’s a closer look at the facts.
CLAIM: Walmart announced a major partnership with the digital currency Litecoin.
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AMAZON TO ALLOW EMPLOYEES TO WORK REMOTELY INDEFINITELY
Amazon said it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary.
DELTA POSTS $1.2 BILLION Q3 PROFIT, TOUTS HOLIDAY BOOKINGS
Delta Air Lines posted a $1.2 billion profit for the third quarter, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in the fourth quarter.
The iPhone 13’s leaps forward for photo & video
OFFSHORE WIND SUPPLY CHAIN WORTH $109B OVER 10 YEARS
A group studying the economics of offshore wind energy in the U.S. says building and operating the nascent industry will be worth $109 billion to businesses in its supply chain over the next 10 years.
BIG PICTURE, BIG DATA: SWISS UNVEIL VR SOFTWARE OF UNIVERSE
The final frontier has rarely seemed closer than this — at least virtually.
CALIFORNIA EXTENDS TAX ON PHONES TO FUND HIGH-SPEED INTERNET
Californians could have higher cellphone bills after Gov. Gavin Newsom signed two laws aimed at giving the state more money to build high-speed internet connections in unserved areas.
FACEBOOK UNVEILS NEW CONTROLS FOR KIDS USING ITS PLATFORMS
Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features including prompting teens to take a break using its photo-sharing app Instagram, and “nudging” teens if they are repeatedly looking at the same content that’s not conducive to their well-being.
WHITE HOUSE PROPOSES TECH ‘BILL OF RIGHTS' TO LIMIT AI HARMS
Top science advisers to President Joe Biden are calling for a new “bill of rights” to guard against powerful new artificial intelligence technology.
GM REACHES DEAL WITH LG TO PAY FOR BOLT BATTERY RECALL COSTS
LG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.
YOUR MONEY: SAVE FOR HOLIDAYS NOW, SKIP REGRET LATER
Factoring holiday expenses into your budget all year long is effective for avoiding debt, but it’s not always feasible with a limited budget or unforeseen expenses.
WALMART INVESTS IN GM'S CRUISE AUTONOMOUS VEHICLE SUBSIDIARY
Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx into the General Motors autonomous vehicle subsidiary from over $2 billion to $2.75 billion.
THE WORLD OF CRYPTOCURRENCIES
Digital cash, mining, and a grim look at the future of graphics cards.
GOOGLE EARTH ADDS TIME LAPSE VIDEO TO DEPICT CLIMATE CHANGE
The Google Earth app is adding a new video feature that draws upon nearly four decades of satellite imagery to vividly illustrate how climate change has affected glaciers, beaches, forests and other places around the world.
I was happily married, happily employed, just plain happy. Until the accident
WALMART SALES STILL SURGING, BUT A CHILL MAY BE ON THE WAY
Walmart is raising wages for 425,000 of its 1.5 million U.S. workers and is investing $14 billion this year to speed up its distribution network as the nation’s largest retailer navigates vast industry changes that were accelerated by the pandemic.
BIDEN BACKS OFF ON TIKTOK BAN IN REVIEW OF TRUMP CHINA MOVES
The Biden administration is backing off former President Donald Trump’s attempts to ban the popular video app TikTok, asking a court to postpone a legal dispute over the proposed ban as the government begins a broader review of the national security threats posed by Chinese technology companies.
A housewarming gift
My husband seemed to be in every room— even though I knew he was in heaven
Walmart and Zipline have launched a first-of-its-kind drone delivery operation in the U.S.
WALMART TEAMS WITH GM TO TEST AUTONOMOUS DELIVERIES
Walmart is teaming up with the General Motors’ autonomous vehicle unit to test driverless delivery in Arizona.
WALMART TO SPREAD OUT DEALS TO AVOID BLACK FRIDAY CROWDS
Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.