The Federal Trade Commission said this week that some people who bought certain home security cameras made by Ring, which is owned by Amazon, would be eligible for refunds for their purchase. The payments, totaling more than $5.6 million, are part of settlement between Ring and the F.T.C. over charges that the company failed to … Read more
Microsoft gave more signs on Thursday that its hefty investments in artificial intelligence were beginning to bear fruit, as it reported a 17 percent jump in revenue and a 20 percent increase in profit for the first three months of the year. Revenue was $61.9 billion, up from $52.9 billion a year earlier. Profit hit … Read more
On Thursday, Alphabet, Google’s parent company, reported strong revenue growth in its latest quarter from its search engine and video platform, YouTube, as its market-leading position in online advertising continued to reap rewards despite recent fluctuations in the industry. Alphabet reported $80.5 billion in quarterly sales, up 15 percent from a year earlier, and above … Read more
Honda Motor said on Thursday that it and several suppliers would invest $11 billion to build batteries and electric cars in Ontario, a significant commitment from a company that has been slow to embrace the technology. Like Toyota and other Japanese carmakers, Honda has emphasized hybrid vehicles, in which gasoline engines are augmented by electric … Read more
A factory in Moses Lake, Wash., that shut down in 2019 will soon resume shipping a critical ingredient used in most solar panels that for years has been made almost exclusively in China. The revival of the factory, which is owned by REC Silicon, could help achieve a longstanding goal of many American lawmakers and … Read more
The Federal Communications Commission on Thursday voted to restore regulations that expand government oversight of broadband providers and aim to protect consumer access to the internet, a move that will reignite a long-running battle over the open internet. Known as net neutrality, the regulations were first put in place nearly a decade ago under the … Read more
In China, there is no TikTok. There is only Douyin. After President Biden signed a bill on Wednesday forcing Chinese company ByteDance to sell its ownership of TikTok, the United States moved one step closer to an internet without the short video app. The legislation opened the door to a possible ban of the social … Read more
The swift passage this week of legislation to force the sale or ban of TikTok was the first time a federal tech law has been approved in years. And after a logjam of dozens of bills to rein in the business practices and power of tech giants, it appeared some momentum was building for further … Read more
One afternoon last month, Chad Nedohin, a part-time pastor and die-hard supporter of Donald J. Trump, put on a pirate costume, set up his microphone and recited a prayer. Mr. Nedohin was opening his latest livestream on the right-wing video site Rumble, where he has about 1,400 followers who share a devotion to Trump Media … Read more
On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh. The lure: billions of dollars in Saudi money as the kingdom seeks … Read more