Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, creating logistical headaches for global supply chains.
The maneuvers, announced by Beijing in the wake of US House Speaker Nancy Pelosi’s visit to Taiwan, are taking place in six different areas around the island from noon local time Thursday until Sunday. China has advised ships…
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For years, the adage “Don’t fight the Fed” meant only one thing: buy stocks. Now, legions of newbie investors who’ve never had to face inflation before are learning it can mean something else, too.
Battered for months by hawkish pronouncements by Jerome Powell, a man investors once considered their staunchest ally, the S&P 500 finished Monday more than 20% belo…
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After years of resisting advertisements on its streaming platform, Netflix is introducing commercials to its service.
Netflix co-CEO Ted Sarandos confirmed on Thursday that the company would begin testing an ad-supported, lower-priced subscription tier. The streaming company is speaking to multiple potential partners to help ease its entrance into the ad world, Sarandos said while speakin…
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In today’s youth-centric tech industry, Michael Dell, at 56, is somewhat of an elder statesman. The Dell Technologies chief executive occasionally hosts dinners for young entrepreneurs at his Austin, Tex., home, where guests seek out his advice on matters of …
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Henry Kissinger, the 98-year-old, Nobel-Peace-Prize-winning, Monty Python-inspiring, former U.S. Secretary of State, believes that, perhaps more than any time since the Age of Enlightenment, the world is entering a period of disruption that needs though…
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Elon Musk offloaded $6.9 billion of stock in Tesla, the billionaire’s biggest sale on record, saying he wanted to avoid a last-minute selloff of the electric-car maker’s shares in the event he is forced to go ahead with his aborted deal to buy Twitter.
Tesla’s chief executive officer sold about 7.92 million shares on Aug. 5, according to a series of regulatory filings th…
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Podcasters are always hunting for new, flashy places to promote their shows, ranging from billboards to floats in parades to airplane banners. Some networks, though, have uncovered a less-glamorous, yet highly effective way to gain millions of bankable listeners: loading up mobile games with a particular kind of ad.
Each time a player taps on one of these fleeting in-game ads—and wi…
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There is so much lithium on Rhyolite Ridge, a plot of land in southwestern Nevada, that Ford, Toyota, and Panasonic have all inked deals to buy it, even though none of the metal has been yet excavated. So much lithium, says Ioneer, the Australian company seeking government approval to mine it that it could supply 370,000 electric vehicles a year, about half the number of total EVs sold in the U…
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It’s been a difficult year for shoppers looking for cars, electronics and anything that requires a computer chip. A global semiconductor shortage has left many companies unable to fill orders or even finish products they’ve started assembling, clogging up warehouses and leaving a lack of inventory across the nation.
Buying a new PlayStation 5 console remains nearly impossible.…
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Elon Musk can bring a Twitter Inc. whistle-blower’s complaint about spam and bots on the social media platform into his defense against the company’s lawsuit to make him complete his $44 billion buyout, a judge ruled.
Musk’s legal team is permitted “incremental discovery relevant to the new allegations” raised by the whistle-blower, Delaware Chancery Judge Ka…
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