Court rules against Uber in major win for California workers

Reuters | July 18, 2023

By Daniel Wiessner (Reuters) – Uber Technologies Inc must face a California lawsuit claiming it should have covered UberEats drivers’ work-related expenses, the state’s top court said on Monday, in what could be a major blow to companies in the largest U.S. state and a win for labor advocates. The California Supreme Court in a […]

China’s chipmaking export curbs ‘just a start’, Beijing adviser warns before Yellen visit

Reuters | July 6, 2023

BEIJING/SHANGHAI (Reuters) -China’s export controls on metals used in semiconductors are “just a start”, an influential Chinese trade policy adviser said on Wednesday, as Beijing ramps up a tech fight with Washington days before a visit from U.S. Treasury Secretary Janet Yellen. Shares in some Chinese metals companies rallied for a second session as investors […]

DirecTV removes Nexstar’s programming after failing to reach distribution agreement

Reuters | July 3, 2023

(Reuters) – DirecTV removed TV station owner Nexstar Media Group’s network and local community programming from its satellite, cable and streaming systems as they failed to reach a new distribution agreement, the companies said on Sunday. Nexstar, the largest local TV station owner in the U.S., said in a statement that satellite provider DirecTV rejected […]

Exclusive-Tesla wins as Texas requires state-backed charging stations to include its plug

Reuters | June 21, 2023

By Jarrett Renshaw and Hyunjoo Jin (Reuters) -Tesla scored a series of victories for its charging technology on Tuesday, capped by Texas saying it would require electric vehicle charging companies to include both Tesla’s standard as well as the nationally recognized CCS if they want to be part of a state program to electrify highways […]

New Google lawsuit aims to curb fake business reviews

Reuters | June 20, 2023

By Blake Brittain (Reuters) – Alphabet’s Google on Friday sued a Los Angeles man and his companies in San Jose, California federal court, claiming he created hundreds of fake business listings on its platforms and sold them to real businesses to lure in unsuspecting customers. Fake reviews have been a recurring problem on internet commerce […]

EU’s Breton demands Meta act against online content targeting children

Reuters | June 8, 2023

By Foo Yun Chee BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta’s voluntary child protection code seemed not to be working. Social media platforms such as Meta’s Instagram, ByteDance’s TikTok, Snap’s Snapchat […]

U.S. warns China could hack infrastructure, including pipelines, rail systems

Reuters | May 26, 2023

By Raphael Satter, Zeba Siddiqui and James Pearson (Reuters) -The U.S. State Department warned on Thursday that China was capable of launching cyber attacks against critical infrastructure, including oil and gas pipelines and rail systems, after researchers discovered a Chinese hacking group had been spying on such networks. A multi-nation alert issued Wednesday revealed the […]

Virgin Orbit auctions $36 million in remaining assets as company folds

Reuters | May 23, 2023

By Joey Roulette WASHINGTON (Reuters) -Richard Branson’s bankrupt satellite launch firm, Virgin Orbit, on Tuesday revealed that it was closing for good after a $36.4 million asset sale, including an agreement to sell the bulk of its Long Beach, California, headquarters to small-launch firm Rocket Lab USA Inc. Rocket Lab, the seasoned small-rocket company whose […]

Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout

Reuters | May 23, 2023

By Jonathan Stempel (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, U.S. District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked […]

Elon Musk says Tesla not immune to tough economy that he foresees

Reuters | May 17, 2023

By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla Inc CEO Elon Musk warned on Tuesday that the electric-vehicle maker was not immune to the global economy, which he said will be difficult for the next 12 months. At the company’s annual shareholder meeting in Austin, Texas, Musk played down market rumors that he may step […]

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