Tag Archives: companies

Pratik Pandey BY BRADEN CARTWRIGHTDaily Post Staff Writer Relatives of a man who died at Microsoft’s office in Mountain View are calling on tech companies to stop pressuring their employees to overwork themselves. Pratik Pandey, 35, of Menlo Park, was found face down around 2 a.m. on Aug. 20 at 1045 La Avenida Ave. Pandey had told his roommate and …

More companies are recalling tens of thousands of packages of imported shrimp sold at Walmart, Kroger and other U.S. stores because they may contain radioactive contamination, according to federal notices. AquaStar USA Corp. of Seattle is recalling more than 26,000 packages of refrigerated cocktail shrimp sold at Walmart stores in 27 states between July 31 and Aug. 16. The company …

Washington — The Trump administration’s 10% stake in Intel, announced not long after President Trump had called on the chip maker’s CEO to resign, is being criticized by conservatives and some economic policy experts alike, who worry such extensive government intervention undermines free enterprise.  Kevin Hassett, director of the White House National Economic Council, may have fueled those misgivings, telling …

There are more than 12,000 active satellites circling Earth at the moment, a growing figure that has nearly doubled in less than three years. This recent boom in the satellite industry has been a major headache for astronomers, with bright satellites appearing as streaks in telescope images of the universe and tarnishing views of the night skies. A new paper …

Three private Chinese companies helped China carry out one of the boldest hacking operations to date, including snooping on text messages from Kamala Harris’ and Donald Trump’s campaigns, according to a coalition of U.S. agencies and 12 allied governments. The operation, known as Salt Typhoon, hacked into telecommunication companies around the world, including AT&T and Verizon last year, allowing it …

On Friday, President Donald Trump announced that the U.S. government would take a 10% stake in the hardware manufacturer Intel, involving the government in the private tech industry in a new, unprecedented way. Now Forbes has learned that Intel has little known partnerships with multiple Chinese surveillance firms, including Uniview — which landed on a U.S. sanctions list last year …

Lutnick says administration considering taking stakes in defense companies  Politico Trump Pentagon weighing equity stakes in defense contractors like Lockheed, says Lutnick  CNBC Lutnick Suggests US Looking at Defense Industry After Intel Deal  Bloomberg Lutnick: Defense Contracting Has ‘Been a Giveaway’  The Wall Street Journal US could seek piece of defense companies, Commerce chief says  Yahoo Finance Source link

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Two of Elon Musk‘s companies sued Apple and OpenAI on Monday, accusing the pair of an “anticompetitive scheme” to thwart artificial intelligence rivals. The lawsuit, filed by Musk’s AI startup xAI …

The U.S. government could take equity stakes in more companies going forward, potentially through an American sovereign wealth fund, according to one of President Donald Trump’s top economic advisers. National Economic Council Director Kevin Hassett’s comments Monday came days after the U.S. took a nearly 10% stake in Intel. The government secured a piece of the semiconductor maker with money …

Trump Eyes New Tariffs on Furniture Imports. These Companies Could Be Hit Hardest.  Barron’s Higher tariffs on furniture to be announced within next 50 days, Trump says  CNN Trump threatens heavy furniture tariffs in coming months  Axios Trump says US will impose tariffs on all foreign furniture  The Hill Trump says furniture tariffs are coming later this year  CNBC Source link