By Clare Duffy, CNN Global politics will be dominated by the availability, trade and investment in microchips for the next several decades, Intel CEO Pat Gelsinger told CNN Tuesday. The location of “oil reserves [has] defined geopolitics for the last five decades,” Gelsinger said in an interview with CNN’s Julia Chatterley at the World Economic
Continue ReadingBy Brian Fung and Christopher Hickey, CNN More than half of all US states have partially or fully banned TikTok from government devices, according to a CNN analysis, reflecting a wave of recent clampdowns by governors and state agencies targeting the short-form video app. The accelerating backlash by states against TikTok, which has at least
Continue ReadingBy Elliott Gotkine, CNN The red-headed man wearing what looks like the ultimate Christmas sweater walks up to the camera. A yellow quadrant surrounds him. Facial recognition software immediately identifies the man as … a giraffe? This case of mistaken identity is no accident — it’s literally by design. The sweater is part of the
Continue ReadingBy Laura He, CNN Ride-hailing giant Didi received approval to resume new user registration in China, it said Monday, providing more evidence that Beijing’s regulatory crackdown on tech giants might be coming to an end. The move is the latest sign that regulators are loosening the reins on the country’s beleaguered tech companies in a
Continue ReadingBy Anna Cooban, CNN Apple CEO Tim Cook recommended the company cut his pay this year after shareholders rebelled. The world’s largest tech company said it would reduce Cook’s target pay package to $49 million, 40% lower than his target pay for 2022 and about half Cook’s $99.4 million total compensation that he was granted
Continue ReadingCNN, CNN BUSINESS By Anna Cooban, CNN Apple CEO Tim Cook recommended the company cut his pay this year after shareholders rebelled. The world’s largest tech company said it would reduce Cook’s target pay package to $49 million, 40% lower than his target pay for 2022 and about half Cook’s $99.4 million total compensation that
Continue ReadingBy Laura He, CNN Swedish mining company LKAB says it has found Europe’s largest deposit of rare earth oxides in the country’s north, a discovery that could reduce the continent’s reliance on China for the critical resource. Rare earth minerals play a key role in generating clean energy and producing electric vehicles and consumer electronics.
Continue ReadingBy Diksha Madhok, CNN Semiconductor giant Taiwan Semiconductor Manufacturing Company (TSMC) may expand its global manufacturing footprint even further. The company is considering opening its first plant in Europe and a second one in Japan, its CEO CC Wei said in an earnings call on Thursday. TSMC, which produces an estimated 90% of the world’s
Continue ReadingBy Brian Fung, CNN An unfavorable ruling against Google in a closely watched Supreme Court case this term about YouTube’s recommendation engine could have sweeping unintended consequences for much of the wider internet, the search giant argued in a legal filing Thursday. Google, which owns YouTube, is fighting a high-stakes court battle over whether algorithmically
Continue ReadingBy Pete Muntean, CNN The Federal Aviation Administration software that failed Wednesday causing thousands of flight delays and cancellations is 30 years old and at least six years away from being updated, a government source familiar with the situation tells CNN. The FAA also now says “personnel who failed to follow procedures” caused the computer
Continue ReadingCNN By Pete Muntean, CNN The Federal Aviation Administration software that failed Wednesday causing thousands of flight delays and cancellations is 30 years old and at least six years away from being updated, a government source familiar with the situation tells CNN. The FAA also now says “personnel who failed to follow procedures” caused the
Continue ReadingBy Samantha Murphy Kelly, CNN Business Over the years, Apple has added touchscreens to almost every computing device imaginable, from phones and tablets to smartwatches, but it has refrained from bringing the feature to its Mac product line — even as a long list of rivals did so with their laptops and desktops. In 2010,
Continue ReadingStory by Donie O’Sullivan, Clare Duffy, Kristen Holmes, Gabby Orr and Brian Fung Video by Zach Wasser and John General Facebook-parent Meta is preparing to announce one of the most consequential decisions in the company’s history, a landmark move that will set a precedent for online speech and could affect the course of the 2024
Continue ReadingCNN, CNN BUSINESS By Kristen Holmes, CNN Former President Trump’s campaign sent a letter to Facebook’s parent company, Meta, Tuesday petitioning them to unblock his Facebook account, a source familiar with the letter tells CNN. NBC first reported the news. Trump’s Facebook and Twitter accounts were blocked following the January 6, 2021, attack on the
Continue ReadingBy Clare Duffy, CNN A law firm representing dozens of former UK Twitter employees is accusing the company of “unlawful, unfair and completely unacceptable treatment” of workers following recent mass layoffs, which the firm referred to as a “sham redundancy process.” In a letter sent to the company on Monday, law firm Winckworth Sherwood alleged
Continue ReadingBy Brian Fung, CNN President Joe Biden called on members of Congress Wednesday to set aside partisan differences and pass groundbreaking legislation to rein in Big Tech, focusing on digital privacy, antitrust and the industry’s liability shield, Section 230 of the Communications Decency Act. In a Wall Street Journal op-ed, Biden said that despite making
Continue ReadingBy Catherine Thorbecke, CNN Workers at Apple’s first unionized retail store began collectively bargaining with management on Wednesday, in a milestone moment not only for the iPhone company but for all of Big Tech. Apple store workers in Towson, Maryland, who made history in June by voting to form the first union at one of
Continue ReadingBy Vanessa Yurkevich, CNN Jerome Yankey said he used to pull all-nighters when he was in college — not studying or partying, but scrolling on TikTok until the sun came up. “I saw me not putting the effort into my own life, rather just trying to live vicariously through what I’m seeing,” said 23-year old
Continue ReadingCNN By Brian Fung and Christopher Hickey, CNN More than half of all US states have partially or fully banned TikTok from government devices, according to a CNN analysis, reflecting a wave of recent clampdowns by governors and state agencies targeting the short-form video app. The accelerating backlash by states against TikTok, which has at
Continue ReadingCNN, WXIA, KSNV By Chris Isidore, CNN Business A critical Federal Aviation Administration computer system that experienced an outage Wednesday and briefly halted all US flights provides airlines with a digital bulletin board of crucial safety updates. The system is known as the Notice to Air Missions or NOTAM. It send alerts to pilots to
Continue Reading