An impromptu agreement between the United States and Saudi Arabia to add more supply to increasingly tight oil markets is perceived as a test of the kingdom’s ability to pump more crude — and could further antagonize Iran and Venezuela, as both countries grapple with deteriorating conditions in their respective economies. Barely a week after […]
Read moreThe next big thing in health care? For more than a decade, it was supposed to be telemedicine. Billions of investment dollars have been poured into apps and websites that offer this virtual consultations with physicians, ranging from Doctor on Demand to American Well. The theory behind them is that millennials would opt for a […]
Read moreJust outside the north wing of Tesla’s sprawling electric-car plant here, an unusual structure has taken shape in the last few weeks: a tent, about 50 feet high and several hundred feet long, its taut gray canvas membrane supported by aluminum columns. Its purpose is as notable as its hasty construction. The semi-permanent structure houses […]
Read moreGeneral Motors warned Friday that another wave of tariffs being considered by the Trump administration could force the company to scale back its business and cost American jobs. In comments submitted to the Commerce Department, the automaker said that the tariffs, if approved, could drive individual vehicle prices up thousands of dollars, stifling demand. Such […]
Read moreSeveral reports over the last several years have suggested Microsoft is working on “Project Andromeda,” a new type of Surface-branded computer that can fit in your pocket. According to an e-mail that was recently obtained by The Verge, Microsoft thinks this will be a “new and disruptive category,” and that the “pocketable Surface” will “create […]
Read moreRobots are seeping their way into everyday life, but Americans are split on what the U.S. Federal Government should do about it. Forecasts of major job losses in the decades to come, as well as dire warnings from leading scientific thinkers — like Elon Musk and the late Stephen Hawking about superintelligence that may surpass […]
Read moreGoogle just updated its harassment policy and released new internal community guidelines to regulate discussion on its many internal forums and email lists. But some employees feel like the guidelines give more ammunition to people trying to stir up division in the company. The new policy came about after a fierce internal debate over a […]
Read moreWould you want a robot managing your money? Are you comfortable with a computer that could think and learn? While this might sound like a futuristic science fiction novel, it’s already happening in financial services. Robots and smart computers are helping to manage your money, and they will enable banks to increase revenue and employment […]
Read moreThe National Security Agency (NSA) on Friday announced it has been deleting hundreds of millions of records of phone calls and text messages dating back to 2015. Due to “technical irregularities” in its data, the agency said, it possessed certain records it had no authority to receive. As of May 23, the NSA began deleting […]
Read moreAmazon is acquiring PillPack, the online pharmacy, in a deal worth around $1 billion. PillPack and Walmart were in talks for months about an acquisition for less than $1 billion, but Walmart dragged its feet on a final offer, allowing Amazon to swoop in. Walmart’s stock lost about $3 billion in value on Thursday after […]
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