London CNN — When US President Joe Biden signed the Inflation Reduction Act into law, he enacted the biggest climate investment in American history — a landmark moment for a nation that pumps more carbon into the atmosphere than any country bar China. “Our Department of Energy estimates that the new law will reduce emissions […]
CNN — Nigerian tech entrepreneur Dozy Mmobuosi has “made a deposit” to buy Sheffield United, in a takeover that would make him the only Black majority owner in England’s top two professional leagues. Sheffield United currently lie second in the Championship competition and are on course to being promoted to the Premier League, which is […]
CNN — The president of SpaceX revealed the company has taken active steps to prevent Ukrainian forces from using the critical Starlink satellite technology with Ukrainian drones that are a key component of their fight against Russia. “There are things that we can do to limit their ability to do that,” Gwynne Shotwell told reporters […]
CNN — Yahoo said Thursday that it will cut 20% of its total workforce by the end of this year as it restructures its advertising unit, just the latest example of the layoffs spreading throughout the tech and media industries. A Yahoo spokesperson told CNN that the company’s legacy ad tech division, Yahoo for Business, […]
Hong Kong CNN — Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump on the chatbot bandwagon. The Chinese behemoth said it was testing an artificial intelligence-powered chatbot internally. It did not share details of when it would launch or what the application would be called. “Frontier innovations […]
Washington CNN — A new global ransomware campaign has hit at least 3,800 victims, including hundreds in the US, according to crowdsourced data reviewed by CNN, prompting warnings from European and US cybersecurity officials. Only four of those victims, however, have paid ransoms so far, according to “Ransomwhere,” a platform built by cybersecurity researchers to […]
Hong Kong CNN — Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back from Covid-19 disruptions in China. In a sales update on Sunday, the Taiwanese manufacturing giant reported revenue of 660.4 billion Taiwan dollars ($22 billion) in January, 48% more than the same period a year ago […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN — Meme stock mania was supposed to be over, right? Guess what: It’s not. Sure, the entire market did well in January. But many of the Reddit/WallStreetBets darlings of two […]
New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated value of $50,000. Originally on sale for $599, the first iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It […]
CNN — With space in our cities at a premium, and a majority of the world’s population expected to live in urban areas within the next few decades, there’s less room for trial-and-error when it comes to urban planning – with decisions made today having critical impacts on the future. But what if there was […]