Furry Friends: Tigress is a sweet, outgoing friend
This week, meet Tigress, who can be a bit feisty but given time warms up to people, loves dogs and is waiting for a new friend at Redmond’s BrightSide Animal Center.
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House lawmakers voice ‘serious concerns’ about facial recognition used by contractor ID.me
By Rachel Metz, CNN Business Two top House lawmakers on Thursday began probing ID.me, a company that uses facial recognition technology to verify identities for many state and federal agencies, into the “efficacy, privacy and security” of its services and products. The move, which comes months after the IRS halted a plan to require taxpayers
Continue ReadingElon Musk to buy Twitter in $44 billion deal
CNN, CNNBUSINESS By Clare Duffy, CNN Business Twitter said Monday it has agreed to sell itself to Elon Musk, who will take the company private in a deal valued at around $44 billion. The deal caps off a whirlwind news cycle in which the Tesla and SpaceX CEO became one of Twitter’s largest shareholders, was
Continue ReadingElon Musk says his offer to buy Twitter is about ‘the future of civilization,’ not making money
By Brian Fung, CNN Elon Musk defended his offer to purchase Twitter on Thursday, saying during an on-stage interview at the TED conference that he sees the acquisition as nothing less than a turning point for civilization. Musk said the proposed deal is not about the economics of Twitter’s business, but about ensuring Twitter remains
Continue ReadingCan Elon Musk be stopped from taking over Twitter?
By Clare Duffy, CNN Business Ten days after Elon Musk disclosed he’d become Twitter’s largest shareholder, the world’s richest man has made an offer to buy the company outright. Musk on Thursday offered to acquire all the shares in Twitter he does not own at a valuation of $41.4 billion, according to a filing with
Continue ReadingElon Musk says his offer to buy Twitter is about ‘the future of civilization,’ not making money
CNN, CNNBUSINESS By Brian Fung, CNN Elon Musk defended his offer to purchase Twitter on Thursday, saying during an on-stage interview at the TED conference that he sees the acquisition as nothing less than a turning point for civilization. Musk said the proposed deal is not about the economics of Twitter’s business, but about ensuring
Continue ReadingElon Musk offers to buy Twitter
By Chris Isidore and Mark Thompson, CNN Business Elon Musk has made an offer to buy Twitter and take it private, saying he believes the company needs to be “transformed.” According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the
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Proposed Central Oregon Center for the Arts, on pause for 2 years, returns to spotlight
After two years on hold during the pandemic, a group hoping to make a Central Oregon Center for the Arts happen is having a feasibility study done, conducting a survey and holding three town halls in coming weeks. Here’s their recent news release: Town Hall Meeting Will Explore Center for the Arts; Public Input Sought
Continue ReadingMicrosoft and other tech firms take aim at prolific cybercrime gang
By Sean Lyngaas, CNN Business Technology firms including Microsoft have tried to disrupt a cybercriminal group whose malicious software has been used in ransomware attacks and other hacks around the world, the companies said Wednesday. The effort included a court order from the US District Court for the Northern District of Georgia that allowed Microsoft
Continue ReadingGoogle to invest $9.5 billion in US offices and data centers this year
By Jennifer Korn, CNN Business Google on Wednesday said it plans to invest $9.5 billion in US offices and data centers around the country this year, up from more than $7 billion in 2021. The big bet on office space comes as Google is embracing a hybrid work model. The Alphabet-owned company has called for
Continue ReadingiPhone supplier Pegatron suspends production at two factories in China
By Michelle Toh, CNN Business One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25 million people remains under a strict Covid lockdown. Pegatron announced Tuesday that it had suspended production at its facility in China’s largest city, as well as the nearby city of
Continue ReadingiPhone supplier Pegatron suspends production at two factories in China
CNN By Michelle Toh, CNN Business One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25 million people remains under a strict Covid lockdown. Pegatron announced Tuesday that it had suspended production at its facility in China’s largest city, as well as the nearby city
Continue ReadingA second Amazon union election begins in New York
CNN By Sara Ashley O’Brien, CNN Business After a historic union victory at an Amazon warehouse in New York City earlier this month, a grassroots labor organization is hoping it can notch a second win at a facility just across the street. Hundreds of Amazon employees at a Staten Island sorting facility known as LDJ5
Continue ReadingAmazon warehouse injury rate last year was more than twice the rate of other warehouses, study finds
By Sara Ashley O’Brien, CNN Business The rate of serious injuries at Amazon warehouses in the United States is more than twice as high as those at other, non-Amazon warehouses, according to a new study that examines injury data supplied to the federal agency that oversees workplace safety. Amazon employed 33% of all US warehouse
Continue ReadingApple’s Tim Cook warns of ‘unintended consequences’ in app store antitrust legislation
By Brian Fung, CNN Business Apple CEO Tim Cook blasted regulatory proposals by Congress and in the European Union on Tuesday, arguing that legislation aimed at cracking open the company’s app store will hurt user security and privacy. The remarks show how Apple is bringing out its heaviest hitters in opposing government policies that could
Continue ReadingNokia and Ericsson halt new business in Russia. Is Huawei next?
CNN, CNNBUSINESS By Anna Cooban, CNN Business Nokia has announced its exit from Russia, while rival Ericsson is putting its business there on hold indefinitely, throwing into doubt the country’s ability to build super-fast 5G networks. The Finnish telecom company announced on Tuesday that staying in Russia would “not be possible” given President Vladimir Putin’s
Continue ReadingNokia and Ericsson halt new business in Russia. Is Huawei next?
By Anna Cooban, CNN Business Nokia has announced its exit from Russia, while rival Ericsson is putting its business there on hold indefinitely, throwing into doubt the country’s ability to build super-fast 5G networks. The Finnish telecom company announced on Tuesday that staying in Russia would “not be possible” given President Vladimir Putin’s ongoing assault
Continue ReadingSome Etsy sellers to strike as online marketplace hikes transaction fees
By Catherine Thorbecke, CNN Business A coalition of thousands of Etsy sellers signaled support for a one-week strike starting on Monday — the same day the online marketplace known for its unique handicrafts will start hiking the fees it charges those who use its platform to earn a living. An online petition started by Etsy
Continue ReadingElon Musk offers to buy Twitter
CNN, CNNBUSINESS By Chris Isidore and Mark Thompson, CNN Business Elon Musk has made an offer to buy Twitter and take it private, saying he believes the company needs to be “transformed.” According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share,
Continue ReadingWhat jobs crisis? Top Chinese regulator says tech is booming
By Laura He, CNN Business One of the regulators behind China’s dramatic crackdown on private enterprise has tried to quell growing concerns about the impact on employment, saying the country’s biggest tech companies have added nearly 80,000 jobs since July and are “full of confidence.” In a rare, direct response by a top government agency
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