Gordon E. Moore, Intel Co-Founder Behind Moore’s Law, Dies at 94

His prediction in the 1960s about exponential advances in computer chip technology charted a course for the age of high tech.

#computer-chips, #computers-and-the-internet, #corporations, #deaths-obituaries, #entrepreneurship, #fairchild-semiconductor-international-inc, #intel-corporation, #moore-gordon-e, #philanthropy

Gordon E. Moore, the Intel Co-Founder Behind Moore’s Law, Dies at 94

His prediction in the 1960s about exponential advances in computer chip technology charted a course for the age of high tech.

#computer-chips, #computers-and-the-internet, #corporations, #deaths-obituaries, #entrepreneurship, #fairchild-semiconductor-international-inc, #intel-corporation, #moore-gordon-e, #philanthropy

South Korea Offers a Resolution to Wartime Labor Dispute With Japan

Seoul said it would create a fund to compensate Koreans who were forced into labor by Japanese companies during World War II, an issue Tokyo says was settled long ago.

#colonization, #corporations, #forced-labor, #international-relations, #japan, #politics-and-government, #seoul-south-korea, #south-korea, #tokyo-japan, #yoon-suk-yeol

What Layoffs? Many Employers Are Eager to Hang On to Workers.

Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many.

#corporations, #federal-reserve-system, #hiring-and-promotion, #interest-rates, #labor-and-jobs, #layoffs-and-job-reductions, #recession-and-depression, #united-states-economy

Supreme Court to Hear Case That Targets a Legal Shield of Tech Giants

The justices are set to hear a case challenging Section 230, a law that protects Google, Facebook and others from lawsuits over what their users post online.

#computers-and-the-internet, #corporate-social-responsibility, #corporations, #decisions-and-verdicts, #freedom-of-speech-and-expression, #fringe-groups-and-movements, #gonzalez-nohemi-1992-2015, #google-inc, #hate-speech, #mobile-applications, #paris-attacks-november-2015, #rumors-and-misinformation, #social-media, #supreme-court-us, #terrorism, #video-recordings-downloads-and-streaming

Young Tech Workers Are Turning to TikTok to Cope With Layoffs

Some workers are using the platform to share stories about job cuts, give advice and search for new roles.

#careers-and-professions, #corporations, #labor-and-jobs, #layoffs-and-job-reductions, #tiktok-bytedance, #unemployment, #video-recordings-downloads-and-streaming

FTX Negotiates for Return of $400 Million From Obscure Hedge Fund

The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.

#bankman-fried-sam, #bankruptcies, #compensation-for-damages-law, #computers-and-the-internet, #corporations, #hedge-funds, #hk-ftx-trading-ltd-futures-exchange, #jpmorgan-chasecompany, #modulo-capital, #shutdowns-institutional, #virtual-currency

Advisory Firm Sues Elon Musk’s Twitter, Saying It Hasn’t Been Paid

Innisfree M&A says Twitter, which Elon Musk bought last year, has not paid it $1.9 million for services it rendered for the deal.

#banking-and-financial-institutions, #computers-and-the-internet, #corporations, #innisfree-ma, #mergers-acquisitions-and-divestitures, #musk-elon, #social-media, #suits-and-litigation-civil, #twitter

Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets

The case centered on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.

#corporations, #decisions-and-verdicts, #electric-and-hybrid-vehicles, #mergers-acquisitions-and-divestitures, #musk-elon, #san-francisco-calif, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

U.S. Accuses Google of Abusing Monopoly in Ad Technology

The Justice Department’s antitrust lawsuit, which a group of states joined, was the fifth against the company since 2020.

#advertising-and-marketing, #antitrust-laws-and-competition-issues, #computers-and-the-internet, #corporations, #google-inc, #justice-department, #online-advertising, #regulation-and-deregulation-of-industry, #states-us

Elon Musk Says Saudi Fund Wanted to Take Tesla Private

Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.

#corporations, #electric-and-hybrid-vehicles, #musk-elon, #san-francisco-calif, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

How the Corporate Cafeteria Is Changing

Even as the sprawling dining halls of old struggle with emptier workplaces, food is still important to employees, particularly the young. Many companies are reinventing the company meal.

#conde-nast-publications-inc, #corporations, #durst-organization, #employee-fringe-benefits, #goldman-sachs-group-inc, #restaurants, #united-states, #workplace-environment

Supreme Court Poised to Reconsider Key Tenets of Online Speech

The cases could significantly affect the power and responsibilities of social media platforms.

#computers-and-the-internet, #corporate-social-responsibility, #corporations, #facebook-inc, #first-amendment-us-constitution, #freedom-of-speech-and-expression, #google-inc, #law-and-legislation, #regulation-and-deregulation-of-industry, #section-230-of-the-communications-decency-act, #social-media, #twitter

Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private

Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.

#automobiles, #chen-edward-m, #compensation-for-damages-law, #corporations, #courts-and-the-judiciary, #electric-and-hybrid-vehicles, #mergers-acquisitions-and-divestitures, #musk-elon, #public-investment-fund-saudi-arabia, #securities-and-exchange-commission, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Just How Common Is Corporate Fraud?

A new study estimates that on average 10 percent of public companies commit securities fraud each year.

#corporations, #saturdaynewsletter, #securities-and-commodities-violations

A Faked Kidnapping and Cocaine: A Montana Mine’s Descent Into Chaos

The Signal Peak Mine was embroiled in a web of criminal activity. Now, environmental groups want to shut it down.

#billings-mont, #bribery-and-kickbacks, #cattle, #coal, #corporations, #drug-abuse-and-traffic, #embezzlement, #firstenergy-corporation, #frauds-and-swindling, #global-warming, #greenhouse-gas-emissions, #gunvor-group, #internal-sub-only, #mines-and-mining, #montana, #putin-vladimir-v, #regulation-and-deregulation-of-industry, #timchenko-gennady-n, #united-states, #water, #workplace-hazards-and-violations

Exxon Scientists Predicted Global Warming, Even as Company Cast Doubts, Study Finds

Starting in the 1970s, scientists working for the oil giant made remarkably accurate projections of just how much burning fossil fuels would warm the planet.

#academic-and-scientific-journals, #carbon-dioxide, #corporate-social-responsibility, #corporations, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #oreskes-naomi, #public-relations-and-publicity, #raymond-lee-r-1938, #research, #science-and-technology, #suits-and-litigation-civil, #supran-geoffrey, #woods-darren-w-1965

Investors Look to Corporate Reports With Low Expectations

As companies prepare to publish their latest financial results, Wall Street forecasters expect profits to fall for the first time since the early days of the pandemic.

#company-reports, #corporations, #inflation-economics, #layoffs-and-job-reductions, #standardpoors-500-stock-index, #united-states-economy

A Charity Tied to the Supreme Court Offers Donors Access to the Justices

The Supreme Court Historical Society has raised more than $23 million in the last two decades, much of it from lawyers, corporations and special interests.

#alito-samuel-a-jr, #corporations, #nonprofit-organizations, #philanthropy, #phillips-carter-g, #roberts-john-g-jr, #supreme-court-us, #supreme-court-historical-society

BlackRock’s Pitch for Socially Conscious Investing Antagonizes All Sides

Right-wing officials are attacking BlackRock for overstepping. Those on the left say the world’s biggest asset manager is not doing enough.

#corporate-social-responsibility, #corporations, #demonstrations-protests-and-riots, #pensions-and-retirement-plans

Madison Square Garden Uses Facial Recognition to Ban Its Owner’s Enemies

MSG Entertainment, the owner of the arena and Radio City Music Hall, has put lawyers who represent people suing it on an “exclusion list” to keep them out of concerts and sporting events.

#civil-rights-and-liberties, #corporations, #facial-recognition-software, #legal-profession, #madison-square-garden, #manhattan-nyc, #new-york-city, #suits-and-litigation-civil, #surveillance-of-citizens-by-government

Indigenous Australians in Murujuga Fight to Preserve Heritage Sites

In Western Australia, new projects would supercharge gas drilling and processing. Traditional owners of the land say their heritage sites are threatened.

#australia, #corporations, #indigenous-people, #land-use-policies, #mines-and-mining, #oil-petroleum-and-gasoline, #rio-tinto-plc

Lina Khan, Aiming to Block Microsoft’s Activision Deal, Faces a Challenge

Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.

#activision-blizzard-inc, #antitrust-laws-and-competition-issues, #computer-and-video-games, #computers-and-the-internet, #corporations, #federal-trade-commission, #mergers-acquisitions-and-divestitures, #microsoft-corp, #regulation-and-deregulation-of-industry, #suits-and-litigation-civil, #xbox-video-game-system

Elon Musk Heads to Court to Defend His Billions in Tesla Pay

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.

#automobiles, #boards-of-directors, #corporations, #delaware, #denholm-robyn, #electric-and-hybrid-vehicles, #executive-compensation, #high-net-worth-individuals, #mccormick-kathaleen-st-j, #musk-elon, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Walmart Agrees to Pay $3.1 Billion to Settle Opioid Lawsuits Nationwide

The money would help pay for addiction treatment and drug education programs in communities across the United States.

#attorneys-general, #corporations, #cvs-caremark-corporation, #drug-abuse-and-traffic, #drugs-pharmaceuticals, #drugstores, #local-government, #native-americans, #opioids-and-opiates, #pain-relieving-drugs, #states-us, #suits-and-litigation-civil, #united-states, #walgreen-co, #walmart-stores-inc, #your-feed-healthcare, #your-feed-science

Frustrations Grow Over Company’s Response to Breathing Device Recalls

Lawsuits claim the company, Philips Respironics, knew of problems with its CPAP and other machines long before notifying customers of potential health risks.

#apnea-sleep-disorder, #chemicals, #corporations, #hazardous-and-toxic-substances, #koninklijke-philips-electronics-nv, #lungs, #medical-devices, #recalls-and-bans-of-products, #respiratory-diseases, #respironics-inc-philips-consumer-electronics-co, #sleep, #united-states

Why Does Twitter Verify Some Accounts?

Elon Musk, who recently closed a deal to acquire the social media company, could soon charge a monthly fee for the blue verification badge that indicates a Twitter account is authentic.

#baseball, #centers-for-disease-control-and-prevention, #computers-and-the-internet, #corporations, #la-russa-tony, #musk-elon, #oneal-shaquille, #social-media, #st-louis-cardinals, #suits-and-litigation-civil, #twitter

Can Elon Musk Make the Math Work on Owning Twitter? It’s Dicey.

Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.

#advertising-and-marketing, #computers-and-the-internet, #corporations, #labor-and-jobs, #layoffs-and-job-reductions, #mergers-acquisitions-and-divestitures, #musk-elon, #social-media, #space-exploration-technologies-corp, #tesla-motors-inc, #twitter

The Self-Destruction of Kanye West

Corporations have finally, rightfully, said “enough” to Kanye West. But what took them so long?

#anti-semitism, #black-people, #corporations, #west-kanye

Elon Musk Completes $44 Billion Deal to Own Twitter

The world’s richest man closed his blockbuster purchase of the social media service, thrusting Twitter into a new era.

#computers-and-the-internet, #corporations, #mergers-acquisitions-and-divestitures, #musk-elon, #social-media, #twitter

Trump Is Battling a N.Y. Law Used to Take on Corporate Giants

The lawsuit filed this week by the state’s attorney general, Letitia James, is based on the same statute that was used against Exxon Mobil, Juul and UBS.

#attorneys-general, #corporations, #frauds-and-swindling, #james-letitia, #manhattan-nyc, #suits-and-litigation-civil, #trump-donald-j

As Ex-Uber Executive Heads to Trial, the Security Community Reels

Joe Sullivan, Uber’s former chief of security, faces criminal charges for his handling of a 2016 security breach. His trial this week has divided the security industry.

#computer-security, #computers-and-the-internet, #corporations, #cyberattacks-and-hackers, #decisions-and-verdicts, #sullivan-joe-1968, #uber-technologies-inc, #united-states

Biden Signs Expansive Health, Climate and Tax Law

The president returned briefly from vacation to sign a bill that passed the House and Senate on party lines after more than a year of fraught negotiations.

#biden-joseph-r-jr, #corporations, #global-warming, #health-insurance-and-managed-care, #inflation-economics, #inflation-reduction-act-of-2022, #law-and-legislation, #medicare, #prices-fares-fees-and-rates, #tax-credits-deductions-and-exemptions, #tax-evasion, #united-states-economy, #united-states-politics-and-government

If the Economy Is Shaky, Why Are Company Profits Still Strong?

Corporate optimism may seem at odds with the Fed’s grim determination to hold back the economy to get inflation down, but earnings tell a story that other data doesn’t.

#banking-and-financial-institutions, #company-reports, #corporations, #credit-and-debt, #mortgages, #personal-finances, #pultegroup, #real-estate-and-housing-residential, #united-states-economy

F.T.C. Chair Lina Khan Upends Antitrust Standards by Suing Meta

Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature. She faces an uphill climb.

#antitrust-laws-and-competition-issues, #computer-and-video-games, #computers-and-the-internet, #corporations, #entrepreneurship, #facebook-inc, #federal-trade-commission, #khan-lina, #mergers-acquisitions-and-divestitures, #meta-platforms-inc, #metaverse-internet, #mobile-applications, #regulation-and-deregulation-of-industry, #start-ups, #supernatural-mobile-app, #virtual-reality-computers

How Joe Manchin Left a Global Tax Deal in Limbo

Treasury Secretary Janet L. Yellen’s signature achievement is in jeopardy if the United States cannot ratify the tax agreement that she brokered.

#corporate-taxes, #corporations, #european-union, #federal-budget-us, #federal-taxes-us, #manchin-joe-iii, #politics-and-government, #tax-shelters, #treasury-department, #united-states-economy, #united-states-international-relations, #united-states-politics-and-government, #yellen-janet-l

New Climate Promises, Same Old Global Warming

“Net zero emissions” sounds like an ambitious goal, but for most corporations it’s just kicking the can down the road.

#amazon-com-inc, #bezos-jeffrey-p, #corporations, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #jbs-sa, #world-economic-forum

Companies’ Climate Promises Face a Wild Card: Farmers

Some of the largest companies in the U.S. have pledged to adopt climate-friendly agricultural techniques. But some farmers say they haven’t provided enough incentive.

#agriculture-and-farming, #carbon-capture-and-sequestration, #cargill-inc, #corporations, #food, #global-warming, #greenhouse-gas-emissions, #iowa, #pepsico-inc, #soil, #sustainable-living, #united-states

Payment Data Could Become Evidence of Abortion, Now Illegal in Some States

Financial companies collect a lot of payment data from customers. Prosecutors could subpoena those records for evidence of abortion, legal experts say.

#abortion, #banking-and-financial-institutions, #bernard-tara-siegel, #computers-and-the-internet, #corporations, #credit-cards, #debit-cards, #fourth-amendment-us-constitution, #law-and-legislation, #lieber-ron, #mobile-applications, #national-advocates-for-pregnant-women, #personal-finances, #pregnancy-and-childbirth, #privacy, #subpoenas, #women-and-girls

We Know How America Got Such a Corporate-Friendly Court

Can the right really be realigned with the working class?

#antitrust-laws-and-competition-issues, #arbitration-conciliation-and-mediation, #bork-robert-h, #conservatism-us-politics, #corporations, #federalist-society, #republican-party, #scalia-antonin, #supreme-court-us, #united-states

New F.T.C. Majority Gives Lina Khan a Chance to Push an Aggressive Agenda

The confirmation of a third Democrat creates an opportunity for Lina Khan, the Federal Trade Commission’s chair, to advance efforts to rein in corporate power.

#antitrust-laws-and-competition-issues, #appointments-and-executive-changes, #bedoya-alvaro, #computers-and-the-internet, #consumer-protection, #corporations, #democratic-party, #federal-trade-commission, #khan-lina, #privacy, #regulation-and-deregulation-of-industry, #united-states-politics-and-government

What DeSantis and His Republican Allies Are Doing Will Have Grave Costs

Discarding core commitments is not a small concession to changing times but an abject desecration of everything the G.O.P. long claimed to believe.

#carlson-tucker, #citizens-united, #citizens-united-v-federal-election-commission-supreme-court-decision, #conservatism-us-politics, #corporations, #cruz-ted, #desantis-ron, #first-amendment-us-constitution, #florida, #freedom-of-speech-and-expression, #hawley-josh-d-1979, #mcconnell-mitch, #republican-party, #shapiro-benjamin-a-1984, #supreme-court-us, #united-states, #united-states-economy, #united-states-politics-and-government, #vance-j-d

What Does the Right Do When Big Business Turns Against Conservatism?

How conservatives put their hope in Elon Musk and Ron DeSantis.

#antitrust-laws-and-competition-issues, #conservatism-us-politics, #corporations, #democratic-party, #desantis-ron, #domenech-ben-1981, #florida, #freedom-of-speech-and-expression, #liberalism-us-politics, #musk-elon, #republican-party, #trump-donald-j, #warren-elizabeth

Wonking Out: Russian Gas, Acid Rain and Industrial Scaremongers

Why you can’t trust economic advice from big business.

#acid-rain, #clean-air-act, #corporations, #economics-theory-and-philosophy, #embargoes-and-sanctions, #germany, #internal-sub-only-nl, #oil-petroleum-and-gasoline, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #united-states

Ukraine Made Big Tech Pick a Side — But Who Are the Losers?

The Russia-Ukraine war has made clear, yet again, the dominance that platforms like Apple, Facebook and Google have. Is it time we finally take away that power?

#audio-neutral-informative, #corporations, #propaganda, #regulation-and-deregulation-of-industry, #russia, #russian-invasion-of-ukraine-2022, #science-and-technology, #social-media, #ukraine

When Nokia Pulled Out of Russia, a Vast Surveillance System Remained

The Finnish company played a key role in enabling Russia’s cyberspying, documents show, raising questions of corporate responsibility.

#censorship, #computers-and-the-internet, #corporations, #cyberwarfare-and-defense, #data-mining-and-database-marketing, #espionage-and-intelligence-services, #government-contracts-and-procurement, #nokia-oyj, #politics-and-government, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022, #surveillance-of-citizens-by-government, #telephones-and-telecommunications, #text-messaging

Twitter Bot Highlights Gender Pay Gap One Company at a Time

Britain requires companies with 250 or more employees to report gender pay gap data. On International Women’s Day, one couple used it to raise awareness about lingering discrepancies.

#corporations, #discrimination, #england, #gender, #great-britain, #income-inequality, #social-media, #twitter, #wages-and-salaries, #women-and-girls

Larry Summers Shares the Blame for Inflation

The Democratic economist is deeply implicated in building the system at the heart of our current predicament, and setting up our economy for failure.

#corporations, #democratic-party, #inflation-economics, #international-trade-and-world-market, #regulation-and-deregulation-of-industry, #ships-and-shipping, #summers-lawrence-h, #supply-chain, #united-states-economy, #united-states-politics-and-government

Companies Donated Millions to Those Who Voted to Overturn Biden’s Win

One year after the Capitol riot, many businesses resumed corporate donations to lawmakers who voted against certifying the 2020 election.

#campaign-finance, #citizens-for-responsibility-and-ethics-in-washington, #corporations, #midterm-elections-2022, #republican-party, #storming-of-the-us-capitol-jan-2021, #united-states-politics-and-government

Democrats Blast Corporate Profits as Inflation Surges

Politicians are placing more blame on greedy companies as prices stay high. But booming consumer demand is enabling firms to charge more.

#american-rescue-plan-2021, #coronavirus-aid-relief-and-economic-security-act-2020, #corporations, #inflation-economics, #interest-rates, #price-gouging, #prices-fares-fees-and-rates, #stimulus-economic, #united-states-economy