Apple to start checking iPhone and iCloud photos for child abuse imagery
Intel revealed 3DAT — a breakthrough 3D athlete tracking software — at the Tokyo 2020 Olympic Games. Selina Wang reports.
Continue ReadingMoney
Apple to start checking iPhone and iCloud photos for child abuse imagery
By Samantha Murphy Kelly, CNN Business Apple on Thursday said it will begin testing a new system to automatically match photos on iPhones and uploaded iCloud accounts to a database of child sexual abuse images and alert authorities as needed. The new service will turn photos on devices into an unreadable set of hashes —
Continue ReadingVirgin Galactic reopens ticket sales — for $450,000 per seat
By Jackie Wattles, CNN Business Virgin Galactic says it’s re-opening ticket sales for the first time in years, giving anyone who can afford it the chance to reserve a seat on the company’s rocket-powered suborbital space plane for $450,000, a significant markup over what tickets were previously sold for. The news comes after Virgin Galactic
Continue ReadingBiden’s electric vehicle sales goal won’t be too hard to reach by 2030
By Peter Valdes-Dapena, CNN Business President Joe Biden announced an agreement Thursday that aims to push the US auto industry to sell more electric vehicles. The goals include a “shared aspiration” that 40% to 50% of vehicles sold in the US will be electric, plug-in hybrids or hydrogen-powered. This will be a challenge, some experts
Continue ReadingPeople are flocking to Applebee’s. This popular song is one reason why
By Danielle Wiener-Bronner, CNN Business The pandemic was difficult for casual dining brands like Applebee’s, which saw sales plummet when it closed its dining rooms last year. But now, Applebee’s is doing better than it has in years. One reason? Attention from the song “Fancy Like” by Walker Hayes. “This song lyrically is all about
Continue ReadingAmazon is delaying its return to office until 2022
By Rishi Iyengar, CNN Business Amazon on Thursday pushed back its office return date until early next year amid a surge in Covid-19 cases from the Delta variant, making it one of the most significant delays yet in the tech industry. The online retail giant’s corporate workers in multiple countries, including the United States, were
Continue ReadingAmazon is delaying its return to office until 2022
As the Delta variant surges around the country, Corporate America is taking a stand on vaccinations. Johnny Taylor, president and CEO of the Society for Human Resource Management, explains the conditions employees will face if they aren’t vaccinated against Covid-19.
Continue ReadingMore companies are requiring vaccines for workers, but some unions could slow the effort down
By Nathaniel Meyersohn, CNN Business More employers are mandating Covid-19 vaccines for their workers as the Delta variant surges across the United States. But one step in the process could slow down the rollout of such requirements: negotiations with labor unions representing employees. Talks between employers and labor leaders are taking place in a variety
Continue ReadingThe Delta variant is slowing office reopenings. It could slow the recovery, too
By Matt Egan, CNN Business The planned grand reopening of offices across America is in serious doubt because of the Delta variant. In the past 24 hours, a slew of major companies have told employees they will no longer be expected back at their desks in September. Notably, that list includes BlackRock, Wells Fargo and
Continue ReadingTesla just got snubbed by Biden’s electric vehicle summit
By Chris Isidore, CNN Business President Joe Biden celebrated ambitious electric vehicles goals by automakers at the White House on Thursday. But he did so without the world’s largest maker of EVs: Tesla. Joining Biden were executives from General Motors and Ford, as well as Stellantis, the company formed by the merger earlier this year
Continue ReadingHow Jeopardy’s producer ended up as the front-runner to replace Alex Trebek
By Brian Stelter, CNN Business “Jeopardy!” executive producer Mike Richards is in line to host the beloved game show starting in September. Sources with knowledge of the process say it is effectively a done deal, though it may not be announced until later in August. Variety reported Wednesday that “Richards is clearly the front-runner” and
Continue ReadingBig banks are starting to push back their return to offices in response to Delta variant
By Matt Egan, CNN Business Major players on Wall Street are beginning to push back their return-to-office dates because of surging Covid-19 cases. Wells Fargo on Thursday said it would push back the reopening of its offices by about a month to early October, making it the biggest bank yet to shift gears because of
Continue Reading‘South Park’ creators score reported $900 million deal with ViacomCBS
By Frank Pallotta, CNN Business Trey Parker and Matt Stone, the co-creators behind the long-running animated series “South Park,” have signed a new deal with ViacomCBS that will keep the cursing children of Colorado on Comedy Central through 2027. The deal extends the adventures of Stan, Kyle, Kenny, and Cartman through a 30th season. However,
Continue ReadingRobinhood’s stock slides after massive two-day rise
By Jordan Valinsky, CNN Business Robinhood shares fell more than 27% Thursday following the previous day’s stratospheric rise. The selloff was sparked by a regulatory filing from the company saying that shareholders, including venture capital firm Andreessen Horowitz, will sell up to nearly 98 million shares over time. It’s been a roller coaster week for
Continue ReadingWhy you could see subtle changes to your smartphone’s design
By Samantha Murphy Kelly, CNN Business Smartphone season is underway, and the headlines will almost certainly be the same as always: thinner, sleeker, faster models are coming to consumer pockets. But if a new push from the US government succeeds, future smartphones may also have to be designed for something extra — the ability to
Continue ReadingJulián Castro: It’s time to make a long-term investment in housing vouchers
Opinion by Julián Castro for CNN Business Perspectives Earlier this week, the US Centers for Disease Control and Prevention reinstated its eviction moratorium until October in places with a substantial number of Covid infections. While this was a necessary response to the nation’s dire housing affordability crisis — one that the pandemic has exacerbated —
Continue ReadingRobinhood brings the meme stock phenomenon full circle
By Julia Horowitz, CNN Business Earlier this year, when GameStop shares exploded out of the blue, all eyes were on Robinhood, the commission-free trading app that was helping millions of amateur investors gain access to financial markets. Coordinating on social media, the app’s users showed an uncanny ability to supercharge a wide array of stocks.
Continue ReadingThe Delta variant is slowing office reopenings. It could slow the recovery, too
CNN’s Vanessa Yurkevich speaks with a Louisiana woman struggling to find a job that pays enough to support her family.
Continue ReadingJob growth is picking up again, but the Delta spike could change that
By Anneken Tappe, CNN Business America’s job market recovery is chugging along, but worries about the Delta variant derailing progress are rampant. Even as economists anticipate the best gains since last summer in Friday’s jobs report, persistently high unemployment claims and a big miss in the private sector payroll report put a damper on the
Continue ReadingGM’s Chevy Bolt recall comes with a huge price tag
By Chris Isidore, CNN Business General Motors’ very expensive Chevy Bolt recall highlights one big risk of building electric vehicles. GM is preparing to spend $800 million to fix — or possibly replace — the batteries in nearly 70,000 Bolts due to a fire risk. That comes out to about $11,650 per vehicle, making it
Continue Reading