Latest Technology News

Wall Street's rally rolls on, led by torrid tech stocks

Feb. 02, 2023 14:13 PM EST

NEW YORK (AP) — Wall Street is rallying more on Thursday, led by excitement around tech stocks and a surge for Facebook’s parent company. The S&P 500 was 1.4% higher in afternoon trading a day after hitting its highest level since August. The Nasdaq composite was 3.3% higher,...

US filings for jobless aid lowest since April

Feb. 02, 2023 09:42 AM EST

U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation. Applications for jobless aid in the...

Sony CFO to lead entertainment-electronic giant as president

Feb. 02, 2023 03:24 AM EST

TOKYO (AP) — Sony appointed a veteran executive as its president Thursday to lead the Japanese electronics and entertainment conglomerate through changing times, and reported a decline in its profit in the last quarter. Hiroki Totoki, Sony's chief financial officer, will become...

Nevada says Tesla's possible tax breaks stay secret, for now

Feb. 01, 2023 21:59 PM EST

RENO, Nev. (AP) — The details of any potential tax breaks for Tesla's $3.6 billion expansion of its Nevada factory will remain secret until late February, under a nondisclosure agreement that state officials signed with the electric carmaker. The governor's economic development...

FTC fines GoodRx for unauthorized sharing of health data

Feb. 01, 2023 19:09 PM EST

In a first-of-its-kind enforcement, the Federal Trade Commission has imposed a $1.5 million penalty on telehealth and prescription drug discount provider GoodRx Holdings Inc. for sharing users' personal health data with Facebook, Google and other third parties without their consent. ...

Meta posts lower Q4 profit, announces huge stock buyback

Feb. 01, 2023 18:48 PM EST

SAN FRANCISCO (AP) — Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok. But the company's stock soared in extended trading, as its revenue beat...

A further look at Apple's deal with Major League Soccer

Feb. 01, 2023 18:23 PM EST

Apple made its biggest entry into the sports streaming marketplace Wednesday when Major League Soccer's “Season Pass” debuted on Apple TV+. Here’s what we know about the service: HOW DO I FIND THE MLS GAMES BEING STREAMED BY APPLE TV+? The app...

Ex-aide says Elon Musk had 'handshake deal' for Tesla buyout

Feb. 01, 2023 17:45 PM EST

SAN FRANCISCO (AP) — Elon Musk's former chief of staff on Wednesday testified that the billionaire believed he had a “handshake deal" to take Tesla private in 2018 shortly before he tweeted he had the financing for an aborted buyout that is still haunting him in a high-profile trial. ...

Updated permit required to legalize bedrooms at Twitter HQ

Feb. 01, 2023 16:50 PM EST

SAN FRANCISCO (AP) — San Francisco building inspectors have given Twitter's construction contractor two weeks to submit a corrected building use permit if the social media company wants to keep using two conference rooms as bedrooms at its headquarters. The correction notice issued...

Anti-Asian hate 'runs the gamut,' racist Yelp reviews show

Feb. 01, 2023 15:07 PM EST

WASHINGTON (AP) — As if running a restaurant during a pandemic wasn't tough enough, Christopher Wong also had to contend with a racist troll. “I will not have my dog eat in this place because they might cook him,” read the Yelp review of Wong's eatery, the Curry Up Cafe in...