China Fines Didi $1.2 Billion as Tech Sector Pressures Persist
Regulators sought to make the company an example of the consequences of mishandling data — and of the grave political error of ignoring the...
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Amazon to Acquire One Medical Clinics in Latest Push Into Health Care
The $3.9 billion deal is Amazon’s latest acquisition in the health care industry. In 2018, it acquired PillPack, an online pharmacy.Read More
Amazon Wants 100,000 Electric Vans. Can Rivian Deliver?
Amazon has ordered 100,000 trucks to cut its carbon dioxide emissions, but Rivian will take years to deliver.Read More
Meta tweaks Facebook app to act more like TikTok.
An update will highlight a new Home tab that will serve content from people outside a user’s Facebook connections as well as from friends...
Apple Agrees to $50 Million Settlement Over Butterfly Keyboard Complaints
A class-action lawsuit represented customers who sought repairs for the troubled MacBook keyboard, released in certain laptops from 2015 to 2019. Many were frustrated...
Tesla Profit Falls in Second Quarter
1 min read
The world’s largest maker of electric cars struggled with production problems in China.Read More
The Senate advances a bill to bolster U.S. competitiveness with China.
A bipartisan group of senators supported a $52 billion package of subsidies for semiconductor makers, lending momentum to an effort to enact a major...
Streaming Is Sadder Now
1 min read
When Netflix and other companies face a loss of faith in the growth potential of streaming, we all will feel it.Read More
Twitter Worker Accused of Spying for Saudi Arabia Heads to Trial
The case showed the intensity of the kingdom’s interest in tracking dissidents, and the timing this week is fraught for U.S.-Saudi relations.Read More
As crypto swoons, Anthony Scaramucci struggles to keep investors.
The hedge fund manager, who did a brief stint in Trump’s White House, is facing a wave of redemption requests amid lackluster performance.Read More