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FILE - In this April 23, 2020 file photo, members of the Vermont House of Representatives convene in a Zoom video conference for its first full parliamentary online session in Montpelier, Vt. Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the pandemic. The release Tuesday, June 2, 2020 of the once-obscure company's financial results for the February-April period provided a window into the astronomical growth that has turned it into a Wall Street star.  (Wilson Ring/Zoom via AP, File)

Zoom booms as pandemic drives millions to its video service

Jun. 2, 2020 7:22 PM EDT

SAN RAMON, Calif. (AP) — Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the pandemic. Tuesday's release of the once-obscure company's financial...

This Oct. 25, 2019 file photo shows Facebook CEO Mark Zuckerberg speaking at the Paley Center in New York. If you want a gauge for what the future of office work will look like, watch how the biggest tech companies are preparing for a post-pandemic world. During an employee town hall Thursday Facebook CEO Mark Zuckerberg said “We want to make sure we move forward in a measured way”. Facebook, which has nearly 45,000 employees, is looking five to 10 years down the line as it plans for more remote work, even when COVID-19 is no longer a threat that keeps its employees working from home. (AP Photo/Mark Lennihan)

Tech giants are embracing remote work. Others may follow

May. 21, 2020 4:57 PM EDT

OAKLAND, Calif. (AP) — For a preview of the future of office work, watch how the biggest tech companies are preparing for a post-pandemic world. Silicon Valley and Seattle giants — Facebook, Microsoft, Apple, Twitter — were the first to send their employees home as the virus spread to the...

FILE In this April 21, 2020 file photo, a pumpjack is pictured as the sun sets in Oklahoma City.  Google says it won’t build custom artificial intelligence tools for speeding up oil and gas extraction, taking an environmental stance that distinguishes it from cloud computing rivals Microsoft and Amazon.  The announcement followed a Greenpeace report on Tuesday, May 19,  that documents how the three tech giants are using AI and computing power to help oil companies find and access oil and gas deposits in the U.S. and around the world. (AP Photo/Sue Ogrocki File)

Google says it won't build AI tools for oil and gas drillers

May. 19, 2020 2:07 PM EDT

Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals Microsoft and Amazon. A statement from the company Tuesday followed a Greenpeace report that documents how the three tech giants are using AI and...

Norway's wealth fund drops big energy, mining firms

May. 14, 2020 11:40 AM EDT

COPENHAGEN, Denmark (AP) — Norway’s wealth fund, which wants to become one of the most ethical investors in the world, is dropping its investment in several major mining and fossil fuel companies after they failed to meet its environmental standards. The list also included Germany utility giant and...

A man stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, May 7, 2020. Asian shares were mixed Thursday after a decline on Wall Street after more depressing data rolled in on the devastation sweeping the global economy. (AP Photo/Eugene Hoshiko)

Asian shares mixed after Wall St dips on pandemic worries

May. 7, 2020 12:06 AM EDT

TOKYO (AP) — Asian shares were mixed Thursday after a decline on Wall Street after more depressing data rolled in on the devastation sweeping the global economy. Comments by President Donald Trump on trade with China and casting blame on Beijing for the coronavirus pandemic have further dampened sentiment....

How major US stock indexes fared Wednesday

May. 6, 2020 4:44 PM EDT

A late-day dip left stocks mostly lower on Wall Street Wednesday, giving the S&P 500 its first loss this week. Losses in financial, health care and other sectors outweighed solid gains by technology stocks, including Apple and Microsoft. The market's overall weak showing followed a report showing private...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. (AP Photo/Ahn Young-joon)

Asian stocks mixed after Wall Street gains on recovery hopes

May. 5, 2020 11:46 PM EDT

Asian stock markets were mixed Wednesday as hopes for a global economic recovery rose after more governments eased anti-virus controls. Benchmarks in Shanghai and Sydney declined while Hong Kong, Seoul and Southeast Asia followed Wall Street higher. Japanese markets were closed for a holiday. Investors are...

People wearing face masks walk past a bank electronic board showing the Hong Kong share index Tuesday, May 5, 2020. Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies. (AP Photo/Vincent Yu)

Asian shares advance following rebound on Wall Street

May. 5, 2020 12:14 AM EDT

BANGKOK (AP) — Shares advanced in Asia early Tuesday after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies. Shares rose in Hong Kong, Sydney and Singapore. Markets in Shanghai and Tokyo were closed for a holiday. Wall Street...

Delta, Tyson fall; Co-Diagnostics, Sempra Energy rise

May. 4, 2020 4:28 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday: Delta Air Lines Inc., down $1.55 to $22.57. Warren Buffett sold all of Berkshire Hathaway's stakes in the four largest airlines. Comcast Corp., down 76 cents to $36.22. The cable and entertainment company is considering layoffs...

FILE- In this June 19, 2019 file photo, Amazon founder Jeff Bezos during the JFK Space Summit at the John F. Kennedy Presidential Library in Boston. House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices. In a letter to Bezos, leaders of the House Judiciary Committee are holding out the threat of a subpoena if he doesn't agree voluntarily to appear. (AP Photo/Charles Krupa)

House panel wants Bezos to testify in antitrust probe

May. 1, 2020 5:54 PM EDT

WASHINGTON (AP) — House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices. In a letter to Bezos on Friday, leaders of the House Judiciary Committee from both parties are...