Money

AstraZeneca is pushing back strongly against criticism from EU officials over delayed deliveries of its Covid-19 vaccine. In an interview with Italian newspaper la Repubblica on Tuesday, AstraZeneca CEO Pascal Soriot said the company had agreed to make its “best effort” to deliver the doses EU countries had ordered but was not contractually committed to

The internet is buzzing over a new technology created by Microsoft developers that could make it possible to have a virtual conversation with a deceased loved one (well, kind of). A patent granted to Microsoft last month details a method for creating a conversational chatbot modeled after a specific person — a “past or present

Walmart plans to build automated mini-warehouses in dozens of its stores to speed up customers’ online delivery and curbside pickup orders in a race against Amazon. Walmart announced Wednesday that it will add dozens of 20,000 square-foot to 30,000 square-foot automated fulfillment centers in the coming years, either in the backrooms of its stores or

Apple is urging iPhone and iPad users to promptly update their operating systems to fix security bugs that may have already been exploited by hackers. On its support webpage, the company said three security flaws “may have been actively exploited.” It did not reveal too many specifics about the bugs, noting “Apple does not disclose,

Goldman Sachs cut chief executive David Solomon’s annual compensation by $10 million, or 36%, following a penalty deduction that resulted from the bank’s role in a corruption scandal involving a Malaysian investment fund, known as 1MDB. Solomon’s compensation package was reduced to $17.5 million for 2020, down from the $27.5 million he received in 2019,

Microsoft exceeded Wall Street analysts’ expectations for quarterly revenue by nearly $3 billion and hit a three-month sales record, it reported Tuesday. The results signal that the pandemic is continuing to buoy the tech giant’s business — from computers and gaming systems to the cloud computing systems helping companies navigate continued remote working. Microsoft posted

SpaceX and Amazon — companies run by the two richest men in the world — are sparring over their competing satellite-based internet businesses, with SpaceX accusing Amazon of “stifling competition” and Amazon accusing SpaceX of looking to “smother competition in the cradle.” Elon Musk, the CEO of SpaceX, has an estimated net worth of $209

Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains even more traction. With Pepsi, Beyond Meat — which already makes plant-based alternatives to beef and pork — will have access to a global distribution and marketing powerhouse. That means Beyond Meat

Microsoft exceeded Wall Street analysts’ expectations for quarterly revenue by nearly $3 billion, it reported Tuesday. The results signal that the pandemic is continuing to buoy the tech giant’s business — from computers and gaming systems to the cloud computing systems helping companies navigate continued remote working. Microsoft posted $43.1 billion in revenue for its

Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains even more traction. With Pepsi, Beyond Meat — which already makes plant-based alternatives to beef and pork — will have access to a global distribution and marketing powerhouse. That means Beyond Meat

Brian Chesky had some air mattresses, but not much more, in 2008 when the presidential election triggered an idea for his then-fledgling startup, Airbnb. To draw attention to their site, Chesky and his co-founders started selling politically themed cereals. There were Obama-os, “the breakfast of change,” and Captain McCains, “a maverick in every bite,” as

Goya’s board of directors had enough of CEO Robert Unanue’s public comments in support of former President Donald Trump and his unfounded claims of voter fraud. On Friday, it voted to muzzle him. The board of the privately held Latino food company voted to censure Unanue, following his most recent controversial remarks that questioned the

Many people living on America’s East Coast were without Internet for part of Tuesday because of Verizon Fios service issues. Tens of thousands of people reported outages from Boston to New York to Washington and locations in between, according to Downdetector.com, a website that tracks complaints about service disruptions. People also reported outages on several

Many people living on America’s East Coast were without Internet for part of Tuesday because of Verizon Fios service issues. Tens of thousands of people reported outages from Boston to New York to Washington and locations in between, according to Downdetector.com, a website that tracks complaints about service disruptions. People also reported outages on several

Tesla CEO Elon Musk is the richest person on the planet, but he’s apparently still happy to shop on handmade craft site Etsy. And in a sign of just how much influence Musk has on social media, shares of Etsy soared nearly 10% in premarket trading Tuesday just because he said he’s a fan. “I

Mike Lindell, the CEO of MyPillow, was banned from Twitter Monday night, according to a Twitter spokesperson. Twitter made its decision based on a new policy it enacted after the Capitol insurrection whereby people who repeatedly share election misinformation can be permanently banned. “The account you referenced has been permanently suspended due to repeated violations

Two of TikTok’s rivals in the United States are joining forces at a time when TikTok itself now appears to be here to stay. On Tuesday, Clash announced it was acquiring Byte, a short-form video app launched by a cofounder of Vine, the beloved six-second video app owned and shut down by Twitter. Terms of