U.S. lawmakers unveil bill to help news media negotiate with Google, Facebook

U.S. lawmakers unveil bill to help news media negotiate with Google, Facebook

The updated bill would cover news publishers with fewer than 1,500 full-time employees and non-network news broadcasters The updated bill would cover news publishers with fewer than 1,500 full-time employees and non-network news broadcasters A bipartisan group of U.S. lawmakers on Monday released a revised version of a bill aimed at making it easier for […]

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Taiwan says it has not been informed of ‘Chip 4’ meeting involving U.S., Japan, and South Korea

Taiwan says it has not been informed of ‘Chip 4’ meeting involving U.S., Japan, and South Korea

Taiwan is a major semiconductor producer and home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Co Ltd Taiwan is a major semiconductor producer and home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Co Ltd Taiwan said on Friday it has not been informed about a so-called ‘Chip 4’ meeting […]

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Apple’s  million settlement over employee bag checks gets California court approval

Apple’s $30 million settlement over employee bag checks gets California court approval

The plaintiffs in Apple’s case claimed retail workers often waited several minutes after clocking out to have their bags checked before they could leave the stores where they worked The plaintiffs in Apple’s case claimed retail workers often waited several minutes after clocking out to have their bags checked before they could leave the stores […]

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Chip and carmaker CEOs meet ahead of Biden signing

Chip and carmaker CEOs meet ahead of Biden signing

The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S. government officials on Monday to discuss administration plans to invest in semiconductors. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, […]

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California regulator claims Tesla falsely advertised Autopilot, Full Self-Driving features

California regulator claims Tesla falsely advertised Autopilot, Full Self-Driving features

The DMV claimed that Tesla’s statements were untrue, misleading, and not based on facts The DMV claimed that Tesla’s statements were untrue, misleading, and not based on facts Tesla Inc, the electric car company run by billionaire Elon Musk, has been accused by a California state transportation regulator of falsely advertising its Autopilot and Full […]

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Walmart to cut hundreds of corporate jobs, reports WSJ

Walmart to cut hundreds of corporate jobs, reports WSJ

Companies including Tesla Inc, Netflix Inc, and Coinbase Global Inc have also been cutting jobs due to slow economic growth Companies including Tesla Inc, Netflix Inc, and Coinbase Global Inc have also been cutting jobs due to slow economic growth Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street […]

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New crypto oversight legislation arrives in the U.S. as industry shakes

New crypto oversight legislation arrives in the U.S. as industry shakes

The proposal comes after 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated The proposal comes after 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated After 13 years, at least […]

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China’s Alibaba strives to keep New York Stock Exchange listing amid audit dispute

China’s Alibaba strives to keep New York Stock Exchange listing amid audit dispute

The e-commerce platform might be delisted for not meeting American auditing requirements The e-commerce platform might be delisted for not meeting American auditing requirements Alibaba Group Holding Ltd on Monday said it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the Chinese e-commerce giant was placed on […]

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Twitter sets September 13 as day for shareholder vote on Elon Musk buyout

Twitter sets September 13 as day for shareholder vote on Elon Musk buyout

The company said it is recommending that shareholders vote for the $44 billion deal to be concluded The company said it is recommending that shareholders vote for the $44 billion deal to be concluded Twitter has set September 13 as the date for its shareholders to vote on the company’s pending buyout by Tesla CEO […]

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U.S. Senate votes 64-32 to advance sweeping semiconductor industry bill

U.S. Senate votes 64-32 to advance sweeping semiconductor industry bill

The 64-32 vote means advancing legislation which will help the U.S. semiconductor industry compete with China The 64-32 vote means advancing legislation which will help the U.S. semiconductor industry compete with China The U.S. Senate voted 64-32 on Tuesday to advance legislation to dramatically boost U.S. semiconductor manufacturing in a bid to make the domestic […]

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