How a WSJ reporting tool turned into a feature for readers
Wall Street Journal chief product and technology officer Louise Story writes about how a reporting tool from its Washington bureau has turned into the Talk2020 feature for its readers. Story writes, “In the world long before Covid-19, a handful of folks in the D.C. bureau gathered on Monday afternoons for Show & Tell. They were something of […]
Washington sues Google for monopoly position
The Department of Justice has filed a lawsuit against Google for anticompetitive practices. Anthony Ha reported the news for TechCrunch: The suit accuses Google of “unlawfully maintaining monopolies in the markets for general search services, search advertising, and general search text advertising in the United States.” It’s co-signed by 11 states, all with Republican attorneys […]
Congress says Big Tech wields monopoly power
An investigation by Congress has found Amazon, Facebook, Google, and Apple have “monopoly power” that they have abused. CNN’s Brian Fung reported: A 16-month congressional investigation into Amazon, Apple, Google and Facebook has found that the tech giants hold “monopoly power” in key business segments and have abused their dominance in the marketplace, in a […]
California to ban new gasoline car sales from 2035
California will ban sales of new cars with internal combustion engines in favor of electric vehicles under a new executive order by Governor Gavin Newsom. Adam Beam reported the news for the AP: California will ban the sale of new gasoline-powered passenger cars and trucks in 15 years, Gov. Gavin Newsom announced Wednesday, establishing a […]
Justice Department launches probe into Nikola
The Department of Justice has launched an investigation into electric car maker Nikola on allegations for misleading investors. The Wall Street Journal’s Ben Foldy reported: The Justice Department has joined U.S. securities regulators in examining allegations that electric-truck startup Nikola Corp. NKLA -8.27% misled investors by making exaggerated claims about its technology, according to people […]
German prosecutors drop FT investigation over Wirecard
German prosecutors have dropped their investigation into journalists of the Financial Times in connection with its reporting on the corporate fraud at payments firm Wirecard, reports Martin Arnold of the FT. Arnold reports, “The criminal prosecution office in Munich said on Thursday it had ‘suspended the investigative proceedings’ against the two FT journalists after they ‘did not […]
Another million file jobless claims
More than a million Americans filed for unemployment benefits last week in the latest sign that economic recovery remains elusive. CNN’s Anneken Tappe reported: Another 1 million American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis, the Labor Department reported Thursday. The report met economists’ expectations, and was a small […]
U.S. expands sanctions on Huawei
Washington has slapped further sanctions on Chinese electronics maker Huawei. Josh Horwitz and Hyunjoo Jin reported the news for Reuters: Ramped-up U.S. restrictions on Huawei are likely to cut off the Chinese smartphone maker’s access to even off-the-shelf chips and disrupt the global tech supply chain once again, executives and experts cautioned. The Trump administration […]
Biz journalist Dimond, editor of Pulitzer winner on SEC, dies at 81
Thomas F. Dimond, 81, a former business editor of the Washington Star who moved to The Washington Post and edited a Pulitzer Prize-winning investigation of the Securities and Exchange Commission, died July 31. A story in The Post states, “Mr. Dimond had worked at the Star for more than 20 years when it ceased publication […]
Trump slaps ban on TikTok, WeChat
President Trump has issued a ban on U.S. transactions with ByteDance, the Chinese owner of app TikTok, and Tencent, owner of WeChat. David Shepardson and Alexandra Alper reported the news for Reuters: U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent (0700.HK), […]
