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Stocks making the biggest moves premarket: CarMax, FedEx, Seagen and more
Business

Stocks making the biggest moves premarket: CarMax, FedEx, Seagen and more

Check out the companies making headlines before the bell: CarMax (KMX) – The automobile retailer beat estimates by 7 cents with quarterly earnings of $1.56 per share, and revenue that also beat analyst forecasts amid what the company called a “challenging” used vehicle market. CarMax added 1.1% in the premarket. FedEx (FDX) – FedEx rallied […]

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Amazon to invest  million to increase Seattle’s affordable housing
Technology

Amazon to invest $23 million to increase Seattle’s affordable housing

Grand Street Commons, a project in Seattle supported by the Amazon Housing Equity Fund Amazon Amazon said Thursday that it’s giving minority-led organizations $23 million to build and preserve more than 568 affordable homes in Seattle, a step to ease the local housing crisis. Amazon Housing Equity Fund, which emphasizes aiding households that earn 30% […]

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SpaceX ramps up FCC battle over broadband usage the company says poses an existential threat to Starlink
Business

SpaceX ramps up FCC battle over broadband usage the company says poses an existential threat to Starlink

SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images WASHINGTON – Elon Musk’s SpaceX on Tuesday ramped up a battle over broadband regulations with Dish Network and an affiliate of […]

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Activision Blizzard shareholders approve proposal for report on abuse and harassment
World

Activision Blizzard shareholders approve proposal for report on abuse and harassment

Robert “Bobby” Kotick, chief executive officer of Activision Blizzard Inc., speaks during an interview in New York, U.S., on Wednesday, Nov. 10, 2010. Activision Blizzard Inc., controlled by Paris-based Vivendi SA, released “Call of Duty: Black Ops” worldwide yesterday and plans a new release of their “World of Warcraft” game in December. Jin Lee | […]

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Four-day week? These firms say they’ve nailed the new working model and profits are good
World

Four-day week? These firms say they’ve nailed the new working model and profits are good

When Alice Will and her team at Edinburgh-based food and drink marketing agency Lux decided to trial a four-day working week back in January 2020, they chose not to tell clients as a way of testing its effectiveness. “If our clients don’t notice, then that’s a huge measure of whether it’s working … none of […]

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Microsoft finds Gen Z is redefining the idea of work hustle in and outside the office
Technology

Microsoft finds Gen Z is redefining the idea of work hustle in and outside the office

Inga Kjer | Photothek | Getty Images For decades Microsoft has been associated with a traditional definition of office work, long hours in front of a computer, but now the corporate enterprise giant finds Gen Z entrepreneurs disrupting ideas about workplace hustle and the traditional 9-5 day. Many recent Gen Z college graduates are flipping the […]

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A.I. software called DALL-E turns your words into pictures
Technology

A.I. software called DALL-E turns your words into pictures

The DALL-E Mini software from a group of open-source developers isn’t perfect, but sometimes it does effectively come up with pictures that match people’s text descriptions. Screenshot In scrolling through your social media feeds of late, there’s a good chance you’ve noticed illustrations accompanied by captions. They’re popular now. The pictures you’re seeing are likely […]

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FBI says fraud on LinkedIn a ‘significant threat’ to platform and consumers
World

FBI says fraud on LinkedIn a ‘significant threat’ to platform and consumers

SAN FRANCISCO — Fraudsters who exploit LinkedIn to lure users into cryptocurrency investment schemes pose a “significant threat” to the platform and consumers, according to Sean Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento, California, field offices. “It’s a significant threat,” Ragan said in an exclusive interview. “This type of […]

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Adobe shares move lower after full-year projections fall short
Technology

Adobe shares move lower after full-year projections fall short

Shantanu Narayen, chairman and chief executive officer of Adobe Systems Inc., during a telecast of the SoftBank World event in Tokyo arranged in Kawasaki, Kanagawa Prefecture, Japan, on Thursday, Oct. 29, 2020. SoftBank World, the company’s annual two-day event for customers and suppliers, ends Friday. Akio Kon | Bloomberg | Getty Images Adobe shares fell […]

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Meta, Google, Twitter vow to fight fake news better as EU gets tougher
Technology

Meta, Google, Twitter vow to fight fake news better as EU gets tougher

Facebook and Twitter applications are seen on an Apple iPhone. Jaap Arriens | NurPhoto | Getty Images Meta, Alphabet unit Google, Twitter and Microsoft agreed on Thursday to take a tougher line against disinformation under an updated EU code of practice that could hit them with hefty fines if they fail to do so. More than 30 signatories […]

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