Celebrity Life
Yahoo and LinkedIn Are Ditching China. Here’s Why Most U.S. Businesses Are Staying Put
Yahoo and LinkedIn are the latest U.S. companies to throw in the towel amid China’s sweeping crackdown on private enterprise—with both announcing they are ending their services in the world’s most populous country. But even as many experts say Beijing is presenting an increasingly hostile business environment for U.S. firms, the vast majority say they…
Post-Pandemic, Peloton Expects to Lose at Least $425M in 2022—$100M More Than Expected
(SILVER SPRING, Md.) — Peloton suffered its worst day as a publicly traded company Friday after telling investors that it will likely lose more money than it had expected in fiscal 2022. Peloton thrived during the pandemic, recording its first and only profitable quarters with Americans unable to hit the gym, instead setting up places…
‘We’re Not Going to Be Placated.’ Young Activists at COP26 Are Refusing to Settle
You won’t fool the children of the revolution. British glam rock band T-Rex issued this warning in a single back in 1972 (just five years before oil company Exxon quietly received its first report about the warming impact of fossil fuels). But it has rarely felt as relevant as it does at COP26. Today’s young…
Henry Kissinger’s Last Crusade: Stopping Dangerous AI
(To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.) At the age of 98, former Secretary of State Henry Kissinger has a whole new area of interest: artificial intelligence. He became intrigued after being persuaded by Eric Schmidt, who was then the executive chairman of Google, to attend…
Facebook ‘Knew What It Was Doing,’ Former Google CEO Eric Schmidt Says
Leaked internal documents revealed that Facebook—rebranded as Meta—struggled to contain hate speech and misinformation, and contributed to teen body image issues.
Why Some People See More Disturbing Content on Facebook Than Others, According to Leaked Documents
Ranging from graphic violence to nudity to hate speech
U.S. Puts Export Limits on NSO Group and Other Israeli Spyware Company Over ‘Transnational Repression’
(RICHMOND, Va.) — The Biden administration announced Wednesday it is putting new export limits on two Israeli hacker-for-hire companies—including the well-known spyware company NSO Group—saying their tools have been used to “conduct transnational repression.” Based on leaked targeting data, findings by a global media consortium earlier this year provided evidence that the spyware from NSO…
Bed Bath & Beyond’s Stock Surge Revives Meme Stock Mania
Excitement that’s triggered a surge in Bed Bath & Beyond Inc. shares after a whirl of announcements has fueled a rally in other retail-trader favorites, causing chatrooms like StockTwits to light up with optimistic comments. The retailer soared 55% in trading before Wednesday’s U.S. stock-market open, the day after releasing plans to help its turnaround.…
30 in 2030: Planning for the Future
Climate change has been a constant and increasingly urgent issue throughout the lifetimes of those in Generation Z. In the past year alone, devastating wildfires raged in North America, Europe, and Russia, catastrophic flooding hit central Europe, and South American countries suffered severe droughts. According to the latest Intergovernmental Panel on Climate Change report, the…
Facebook to End Use of Facial Recognition Technology on Platform
The news comes one year after use of the technology led to a legal settlement that cost the company $650 million
How American Shoppers Broke the Supply Chain
Gina Martinez, 54, has watched the vociferous U.S. appetite for stuff drive by her door every day. She lives in the house where she grew up in Wilmington, a working-class neighborhood of Los Angeles. When she was young, neighbors would chase trucks out of the neighborhood, she says, yelling at them for rumbling through on…
Amazon Drone Delivery Was Supposed to Start By 2018. Here’s What Happened Instead
Amazon’s squadron of delivery drones was supposed to be in full flight by now. And the fall of 2021 would have been an opportune time to have little automated flying machines delivering packages to customers—what with all the trouble human workers are causing around the country with strikes and labor shortages. Amazon announced an experimental…