Faith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early evidence shows that the vaccination drive in many countries is stumbling out of the gate, posing a risk to market expectations that the economy — and therefore corporate earnings —
Continue Reading Twitter’s decision to ban President Donald Trump from its platform on Friday sent shock waves through the political and tech worlds. But a different tech crackdown that began later that night and continued through the weekend arguably has the potential to shift how people think about the internet and the companies that power it. Citing
Continue Reading In the run-up to the Consumer Electronics Show last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las Vegas. Muoio worked as an event coordinator for a third-party electrical vendor and carefully choreographed the power needs for exhibitors, presenters and attendees at trade shows held in the massive hall.
Continue Reading An Australian food company has officially renamed a famous snack brand after years of complaints that it shared its name with a racial slur. “Coon Cheese,” which has been sold in Australia for more than 80 years, will now be known as “Cheer Cheese,” its manufacturer said Wednesday. The new brand will roll out to
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TVs seem to get bigger, slimmer and more connected each year. But now, in 2021, you can also see right through them. In a video shown during the all-digital CES 2021 consumer tech conference on Monday, LG unveiled a transparent TV with a screen you can see through when on or off. The clip shows
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Users have flocked to encrypted messaging app Signal by the millions in recent days — bringing it to the No. 1 spot on both Google Play Store and Apple App Store’s top free apps lists this week. Signal had about 7.5 million installations globally from the App Store and Google Play between Thursday and Sunday,
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Amazon Web Services filed its response to Parler’s lawsuit on Tuesday, blaming the social media platform favored by the far-right for filing a “meritless claim” against the cloud computing giant and citing a liability shield often maligned by President Donald Trump: Section 230 of the Communications Act of 1934. AWS’s legal brief argues that it
Continue Reading The world’s largest carmakers are facing a critical shortage of semiconductors that threatens to hamstring production just as the industry tries to stage a comeback from a sales slump caused by the pandemic. Volkswagen, Ford, Fiat Chrysler and Nissan are among major automakers suffering from the global shortage of chips, which are used in a
Continue Reading The British government will fine companies which hide connections to China’s Xinjiang region where Uyghurs and other minorities are allegedly subject to forced labor, under a raft of new measures. UK Foreign Secretary Dominic Raab on Tuesday announced the new measures, which the Foreign Office says are designed to ensure that all British organizations “are
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Some of America’s biggest companies are suspending donations to Republican Congress members who objected to the Electoral College’s votes. The growing list of those corporations, including American Express, BlueCross BlueShield, Commerce Bank, Dow and Marriott, comes after a pro-Trump mob breached the US Capitol last Wednesday to fight against the ceremonial counting of electoral votes
Continue Reading We’re two days into this year’s virtual Consumer Electronics Show, and we’ve already seen big tech announcements from companies like LG, Razer, and even Yves Saint-Laurent and L’Oreal. From a “rollable” smartphone and transparent TVs to a $299 lipstick mixer, here are the highlights from the tech trade show so far. If you missed it,
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COLUMBIA, Mo. (KMIZ) A former assistant coach for the University of Missouri football team claims the school still owes him money following his departure. Derek Dooley filed a lawsuit in Boone County claiming the university must still pay him a year’s worth of his salary under the terms of his contract. The university hired Dooley
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Visa and fintech startup Plaid have terminated their $5.3 billion merger agreement after facing a legal challenge from the Department of Justice. The proposed deal was announced a year ago, but in November the DOJ sued to block the acquisition on antitrust grounds. In a statement announcing merger’s end Tuesday, Visa CEO Al Kelly cited
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The fight over the future of gig economy work in California isn’t over. A labor union and a group of gig workers filed a lawsuit on Tuesday challenging Proposition 22, or Prop 22, the controversial California ballot measure passed by voters in November that exempts firms like Uber and Lyft from having to classify their
Continue Reading Just now, silence may not be that comforting. For years there has been a din on social media — from President Trump on Twitter, from right wing extremists amplifying his varying brands of crazy, from smaller sites hatching their own parallel universe. But now Trump is off Twitter, and Parler seems shut down for the
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Etsy removed a “Camp Auschwitz” t-shirt from its website after a rioter was spotted wearing a shirt with the same message during the US Capitol siege. The e-commerce company removed the item immediately upon learning that the shirt was for sale and banned the shop that listed it, a spokesperson for Etsy told CNN Business.
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Sheldon Adelson, the chairman and CEO of Las Vegas Sands and a major donor to Republican politicians, died late Monday following complications related to his cancer treatment, his company said. He was 87. Adelson took a leave of absence from Sands last week to resume treatment for non-Hodgkin’s lymphoma, which his aides first disclosed in
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PayPal is cutting ties with Christian crowdfunding site GiveSendGo following the January 6 US Capitol siege. The site, which the far-right extremist Proud Boys group has used for fundraising, calls itself the “#1 free Christian fundraising site,” and it was used to raise funds for pro-Trump rioters who attended last week’s violent siege. “The account
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The New York Times is facing fresh blowback for how it handled the fallout over falsehoods unearthed in “Caliphate,” the paper’s award-winning, 12-part podcast about the Islamic State. A group of 24 public radio stations sent a letter on Monday to The Times audio department with concerns about “lapses in judgment” in its response last
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General Motors is starting a new vehicle brand to sell electric delivery vans in the United States and Canada beginning in 2021. Called BrightDrop, the new brand has been working with FedEx to test the new delivery system, and FedEx Express will be its first customer. In addition to the vans, BrightDrop will also offer
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