The Biz Journals

Category: Technology

  • Eight states file enforcement action against crypto lending platform Nexo

    Eight states file enforcement action against crypto lending platform Nexo

    New York State Attorney General Letitia James speaks at a news conference after former U.S. President Donald Trump’s White House chief strategist Steve Bannon arrived to surrender, in New York, U.S., September 8, 2022. Caitlin Ochs | Reuters Eight states announced on Monday they’re bringing actions against the crypto lending platform Nexo Group in connection…

  • Feds commit $50 million to for-profit nuclear fusion companies, chasing the ‘holy grail’ of clean energy

    Feds commit $50 million to for-profit nuclear fusion companies, chasing the ‘holy grail’ of clean energy

    A picture shows the winding facility for the construction of poloidal field coils which will be part of the magnetic system that will contribute to confine and model plasma during the launch of the assembly stage of nuclear fusion machine “Tokamak” of the International Thermonuclear Experimental Reactor (ITER) in Saint-Paul-les-Durance, southeastern France, on July 28,…

  • Facebook takes down political influence operations from China and Russia

    Facebook takes down political influence operations from China and Russia

    Facebook parent company Meta said it took down two unconnected networks of accounts based in China and Russia seeking to influence political narratives in the U.S. and Europe. The platform regularly searches for and removes accounts it believes to have violated its policy against coordinated inauthentic behavior. Such activity became a flashpoint in the U.S. after the 2016 presidential…

  • South Korea’s president pardons Samsung leader Jay Y. Lee

    South Korea’s president pardons Samsung leader Jay Y. Lee

    Samsung Electronics Vice Chairman Lee Jae-yong speaks during U.S. President Joe Biden’s visit on May 20, 2022 in Pyeongtaek, South Korea. Kim Min-Hee | Pool | Getty Images News | Getty Images South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with South Korea’s Justice Ministry saying the business…

  • How to pick the best MacBook so you’re not overspending for what you don’t need

    How to pick the best MacBook so you’re not overspending for what you don’t need

    A new MacBook Air running M2 chip is seen displayed during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple has five MacBook computers to choose from, which might be a little daunting if you’re in the market for a new laptop as we hit back-to-school season. There’s…

  • Popular meditation app maker Calm reportedly lays off 20% of employees

    Popular meditation app maker Calm reportedly lays off 20% of employees

    The popular meditation startup Calm, known for its wellness app of the same name, has laid off 20% of its staff, according to The Wall Street Journal, which viewed a memo sent by CEO David Ko to employees on Thursday. Roughly 90 out of 400 Calm employees were laid off, according to the Wall Street Journal.…

  • Samsung exec explains why the company’s folding phones are so important to its business

    Samsung exec explains why the company’s folding phones are so important to its business

    Samsung The head of Samsung’s mobile business, Roh Tae-moon, recently explained to The Wall Street Journal why folding phones are so important to the company’s business. Roh said in the report that Samsung’s foldable phones are attracting three times more brand switchers than Samsung’s regular Galaxy S phones. That means people are moving away from other phone makers,…