A former executive who worked in the private sector for Postmaster General Louis DeJoy is now on the payroll of President Donald Trump’s reelection effort
The former chairman of a Chinese state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic has been sentenced to 18 years in prison on corruption charges
Microsoft Buys Bethesda for $7.5 Billion. On Monday, Phil Spencer and Xbox announced that Microsoft is acquiring Bethesda parent company ZeniMax. Bethesda Game Studios, id Software, ZeniMax Online Studios, Arkane, MachineGames, Tang Gameworks, Alpha Dog and Roundhouse Studios will now all be at Microsoft's disposal. Microsoft has also acquired reputable game franchises such as 'Fallout,' 'DOOM,' Wolfenstein,' The Elder Scrolls' and more. Additionally, Bethesda titles will be included in Xbox's Game Pass. With the addition of Bethesda, Microsoft will grow from 15 to 23 creative studio teams and will be adding Bethesda’s iconic franchises to Xbox Game Pass. , Microsoft. This includes Microsoft’s intent to bring Bethesda’s future games into Xbox Game Pass the same day they launch on Xbox or PC, like Starfield, the highly anticipated, new space epic currently in development by Bethesda Game Studios, Microsoft. The deal is approximately three times what Microsoft paid for 'Minecraft' developer Mojang Studios in 2014
Peloton is adding two new products to its lineup. One at the top of the price range, the other near the bottom. The company is banking on people continuing to want to stay home during the COVID-19 pandemic.
Mark Zuckerberg Is Not a Fan of AR Glasses So Far. Zuckerberg doesn't think any currently-released Augmented Reality glasses have been particularly "compelling" since they are either thick frames or resemble an "Apple Watch on your face.". But he's hopeful that another company will be able to succeed in projecting holograms into the world with a standard pair of glasses in the future. Speaking to The Verge at the Facebook Connect event, Zuckerberg gave his honest opinion of AR glasses. I really don't think that AR is going to be good until you get normal-looking glasses that can project holograms into the world. , Mark Zuckerberg, to The Verge. And now, glasses range from thin to pretty thick frames. , Mark Zuckerberg, to The Verge. I don't think we're anywhere near getting all the electronics that you would need to get into a thin frame. , Mark Zuckerberg, to The Verge. But the hope would be that you can get it into more normal-looking glasses in the first part of this decade or the first half of this decade, Mark Zuckerberg, to The Verge
Federal Reserve Chair Jerome Powell says that many mid-sized U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program designed to serve struggling mid-size businesses has waned
Facebook says it's ready for Election Day and all the pitfalls that will come with an unprecedented election. The social media giant says it is ready to deal with the real possibility there won't be a declared winner on Election Day.
Trump to Block TikTok, WeChat App Downloads , Starting Sunday. The Trump administration's Commerce Department announced it would ban the apps on Friday. Business transactions on the apps, including payments and transfers, will be banned. Today’s actions prove once again that President Trump will do everything in his power to guarantee our national security .., Wilbur Ross, Commerce Secretary, via 'The New York Times'. ... and protect Americans from the threats of the Chinese Communist Party, Wilbur Ross, Commerce Secretary, via 'The New York Times'. More than 100 million people in the U.S. use the popular apps. For all practical purposes [WeChat] will be shut down in the U.S., but only in the U.S., as of midnight Monday, Wilbur Ross, Commerce Secretary, via 'The New York Times'. TikTok is currently in acquisition talks with American company Oracle. As to TikTok, the only real change as of Sunday night will be users won’t have access to improved updated apps, upgraded apps or maintenance, Wilbur Ross, Commerce Secretary, via 'The New York Times'
When Kamala Harris was picked as Joe Biden's running mate, the move was welcomed by many in Silicon Valley. But 'Big Tech' is out of favor with many in Congress- as illustrated by this Summer's anti-trust hearings. Will this impact the Biden campaign? Expert analysis from Jennifer Stojkovic, Executive Director of SF.CITI, the tech trad Association of San Francisco, and Matt Klink, GOP Strategist.
YouTube Begins Rollout of TikTok Rival YouTube Shorts . YouTube Shorts has arrived in India. It is in the beta phase and comes as the Trump Administration decides whether it will ban TikTok in the U.S. . Like TikTok, users can create a 15-second clip set to music, , which is available via an "in-product music picker feature.". A YouTube spokesperson told The Verge that the feature "currently has 100,000s of tracks, and we're working with music artists, labels and publishers to make more of their content available to continue expanding our catalog.". YouTube will display the Shorts on its homepage
TikTok Reaches Deal With Oracle Instead of Microsoft . According to NBC News, Oracle confirmed the new deal on Monday. It is not yet known which parts of the Chinese-owned company will be taken over by Oracle. Treasury Secretary Steven Mnuchin also confirmed with CNBC Monday morning that the White House had received TikTok's Oracle partnership proposal. . In order to move forward, TikTok parent company ByteDance and Oracle will first need to get approval from the U.S. Committee on Foreign Investment in the Unites States (CFIUS). The deal must satisfy the committee's national security concerns. Trump has repeatedly said that the social media app poses risks amounting to a "national emergency.". TikTok was given a deadline, which is up on Tuesday, to sell to an American company or be banned in the U.S. Last month, TikTok sued the U.S. government, saying it lacked evidence to prove that the app was a threat to national security and that the company was denied due process to adequately secure a U.S. deal
A high-level delegation from the United States has visited Kosovo to discuss on how to move ahead with projects signed earlier at a White House meeting between Kosovo and Serbia to normalize their economic ties
Mark Zuckerberg Says the App Store Has Unilateral Control Over Apps. Zuckerberg says "questions" need to be asked when it comes to the "unilateral control" Apple's App Store has over apps. The Facebook CEO was asked for his opinion on the antitrust backlash Apple is facing. Well I certainly think that they have the unilateral control of what gets on the phones in terms of apps. , Mark Zuckerberg, on HBO's 'Axios'. I think it's probably about 50% of Americans who have smart phones, and a lot more people around the world. I think there are more than a billion Apple devices. , Mark Zuckerberg, on HBO's 'Axios'. So I do think that there are questions that people should be looking into about that control of the App Store and whether that is enabling as robust of a competitive dynamic, Mark Zuckerberg, on HBO's 'Axios'. By contrast, Zuckerberg praised the App Store's rival, Google Play Store
The Justice Department identified New York City, Portland, Oregon, and Seattle as three cities that could have federal funding slashed under a memorandum by President Donald Trump that sought to identify localities that permit “anarchy, violence and destruction in American cities.”
Researchers concluded that there is no added cancer risk for women who dye their hair. But while doing the study, researchers stumbled up a new finding. The natural color of a woman's hair could make them more at risk for certain cancers.