Asian stocks sink after Trump threatens more China tariffs

Business 11/12/19, 22:53

Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all ...

Japan’s SoftBank tumbles into losses over costly investments

Business 11/06/19, 05:10

Japanese technology company SoftBank Group Corp. tumbled into losses in the last quarter as its earnings were hammered by money-losing investments, including a bailout for office-space sharing startup WeWork. SoftBank's founder, Masayoshi Son, said he was regretting "mistaken investment moves." He ...

Pentagon hands Microsoft $10B ‘war cloud’ deal, snubs Amazon

U.S. 10/25/19, 20:05

The Pentagon awarded Microsoft a $10 billion cloud computing contract , snubbing early front-runner Amazon, whose competitive bid drew criticism from President Donald Trump and its business rivals. Bidding for the huge project, known as Joint Enterprise Defense Infrastructure, or JEDI, ...

Researchers find second warship from WWII Battle of Midway

U.S. 10/20/19, 14:52

A crew of deep-sea explorers and historians looking for lost World War II warships have found a second Japanese aircraft carrier that went down in the historic Battle of Midway. Vulcan Inc. director of undersea operations Rob Kraft said a review ...

Companies welcome US-China trade truce, warn disputes remain

Business 10/12/19, 02:21

Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth. President Donald Trump said ...

Google commits to White House job training initiative

Politics 10/03/19, 14:33

Google pledged Thursday to help train a quarter of a million people for technology jobs, adding its name to a White House initiative designed to get private companies to expand training opportunities for Americans. CEO Sundar Pichai announced the commitment during ...

Justice Department launches antitrust scrutiny of big tech

U.S. 07/23/19, 20:42

The U.S. Department of Justice on Tuesday, July 23, opened a review into whether the U.S.'s biggest and most powerful technology companies have stifled competition or hurt consumers. It said the probe will take into account "widespread concerns" about social media, ...

Thousands left in the dark during NYC power outage

New York 07/14/19, 06:23

On the anniversary of a 1977 blackout that hit most of New York City, a massive power outage brought the curtain down on Broadway shows and stalled traffic on Manhattan streets. Underground, the power outage affecting 73,000 customers for hours ...

SpaceX launches hefty rocket with 24 satellites

U.S. 06/25/19, 02:52

SpaceX launched its heftiest rocket with 24 research satellites Tuesday, a middle-of-the-night rideshare featuring a deep space atomic clock, solar sail, a clean and green rocket fuel testbed, and even human ashes. It was the third flight of a Falcon Heavy ...

Controversial telescope to be built on sacred Hawaiian peak

U.S. 06/20/19, 20:23

After years of protests and legal battles, officials have announced that a massive telescope which will allow scientists to peer into the most distant reaches of our early universe will be built on a Hawaiian volcano that some consider sacred. The ...

Google puts up $1B to ease housing headaches it helped cause

U.S. 06/18/19, 17:29

Google is pouring $1 billion into easing the high-priced housing headaches that it and its Silicon Valley peers helped give the San Francisco Bay Area.The pledge announced Tuesday by Google CEO Sundar Pichai consists of a $250 million investment fund ...

Chipmakers, trade fears drag down stocks; Facebook gains

U.S. 06/14/19, 13:26

U.S. stocks fell in afternoon trading Friday on Wall Street after a major chipmaker issued a sharp warning about how the U.S.-China trade war is disrupting a key industry.Technology led the broader market lower at the end of an uneven ...

Twitter deletes 4,800 accounts linked to foreign governments

U.S. 06/13/19, 09:33

Twitter says it has deleted nearly 4,800 suspect accounts linked to Iran that the company says secretly pushed that government's agenda. Twitter is adding those accounts and their tweets to a public database it launched last year to track its battle ...

Earthquake tests new wireless network in far-flung Alaska

U.S. 06/12/19, 23:33

The police chief of Alaska's largest city hurried out of the department's glass building after the ground began to shake. Phone lines jammed and even police radios were spotty after a major earthquake, but his cellphone was recently equipped with ...

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