Business

Semiconductor Bill Passes the House
The $280 billion semiconductor bill, aimed at helping revitalize the US chip industry, has overcome its final hurdle, passing in the US House....
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Google Stadia’s Days May Be Numbered
A new report suggests Google Stadia may be shut down, potentially ending an ignominious attempt by Google to enter the gaming market....
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Amazon Drive Is Shutting Down
Amazon is informing customers that it plans to shut down its cloud storage service, Amazon Drive. Amaz...
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Intel’s Rebound Hits Snags With $500 Million Loss and CPU Price Hikes
Intel just posted an unexpected $500 million loss for the quarter and will raise CPU prices, raising questions about its turnaround....
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Jack Ma Will Give Up Control of Ant Group
Tech mogul Jack Ma will give up control of Ant Group after a coordinated crackdown by Chinese regulators....
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Amazon’s Ring and Google Nest Give Footage to Police Without Warrants
Amazon's Ring and Google Nest devices are popular home...
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Etsy Closing Offices As Employees Keep Working Remotely
Etsy has announced it is closing its Hudson, NY and San Francisco, CA offices in response to employees continuing to work...
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FTC Sues to Block Meta From Purchasing VR Company Within
The Federal Trade Commission is moving to block Meta from purchasing VR company Within, calling it an "illegal acquisition."...
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Google Moves Back Its Execution Date for Third-Party Cookies to 2024
Google has announced it will not stop supporting third-party cookies in Chrome until at least 2024 amid pushback over its proposals....
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T-Mobile Posts Major Subscriber Growth on Cheaper Plans
T-Mobile released its Q2 2022 results, turning in huge subscriber growth as a result of cheaper plans....
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T-Mobile Agrees to $350 Million Settlement Data Breach
T-Mobile has agreed to a $350 million settlement over a data breach in 2021 that impacted some 76 million US individuals....
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Russia Plans to Leave the International Space Station After 2024
Russia appears to be planning to withdraw from the International Space Station (ISS) after 2024, possibly with a view to building its own....
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AWS Exec Takes Microsoft to Task for Cloud Licensing Terms
AWS' SVP of Sales and Marketing is calling out Microsoft for its cloud licensing terms, despite the latter company's recent changes....
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New Bill Would Give Crypto Users a Break on Small Transactions
A new bipartisan bill has been introduced in the US Senate that would exempt crypto transactions under $50 from being taxed....
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