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Apple spent more than it ever has on lobbying as antitrust threats loom
Tim Cook, CEO of Apple, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 10, 2019. Brendan McDermid | REUTERS Apple spent a record $2.5 million lobbying Congress in the first quarter of 2022, more than a 34% increase from the previous quarter, according to its disclosure made […]
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Op-ed: U.S. Democrats press Congress to pass China tech competition bill to create jobs and shore up supply chain
Sen. Sherrod Brown, D-Ohio, and Rep. Ro Khanna, D-Calif., both sponsored legislation that promises to invest billions of dollars in technology, strengthen the U.S. supply chain and make America’s tech sector competitive with China. They both sit on the conference committee charged with combining different versions of the bill, which separately passed the U.S. House […]
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What is ‘Web3’? Here’s the vision for the future of the internet from the man who coined the phrase
Computer scientist Gavin Wood coined the term “Web 3.0” in 2014, laying out his vision for the future of the internet. The phrase, also shortened to “Web3,” has become an internet buzzword recently with high-profile technologists, including Twitter founder Jack Dorsey and Tesla CEO Elon Musk, debating the meaning of the term. Wood, who is […]
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Apple workers at New York’s Grand Central store take steps to unionize
People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Workers at Apple’s flagship Grand Central Terminal retail store in New York City are taking steps to unionize, teeing up a potential labor battle with the iPhone maker. Organizers, who have dubbed […]
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Fund manager names 3 ‘must own’ tech stocks — and explains why he is keeping an eye on Meta
Growing macro risks led to a sell-off in tech stocks in the first quarter, but fund manager Sid Choraria believes investors “must own” these three stocks. Source
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Biden pollster GSG is ‘deeply sorry’ for Amazon anti-union work as labor groups abandon it
Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Top labor groups and political action committees are distancing themselves from a major Democratic pollster after it was revealed that the firm worked on Amazon’s anti-labor efforts at a warehouse on New York’s […]
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Tesla shares dip after CEO Elon Musk makes bid to buy Twitter
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images Tesla shares were down about 3.5% Thursday after company CEO Elon Musk offered to buy social media company Twitter. Musk offered to buy Twitter for $54.20 a share, or about […]
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Peloton activist Blackwells Capital takes aim at new CEO, again pushes for sale
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Activist Blackwells Capital is reiterating its push for Peloton to consider a sale, arguing that the connected fitness company has made little to no progress under new Chief Executive Barry McCarthy, according to a new […]
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Here are Google’s most important US real estate investments in 2022
Google has dozens of real estate projects around the U.S., and it says at least 20 key projects will receive investments this year to the tune of nearly $10 billion. In a blog post Wednesday, Alphabet and Google CEO Sundar Pichai highlighted country-wide offices and data centers either under construction or opening in 2022. In […]
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Justin Bieber, Gwyneth Paltrow and Ashton Kutcher are among dozens of celebrity investors piling into crypto startup MoonPay
MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images What do Justin Bieber, Gwyneth Paltrow, Snoop Dogg and Ashton Kutcher all have in common? Aside from being A-list celebrities, they’re among more than 60 new investors in fintech startup MoonPay. Additional […]
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