Topline Amazon founder Jeff Bezos and Oracle co-founder Larry Ellison have traded off the No. 2 spot on Forbes’ billionaire list Thursday, marking the latest exchange of the title between the two tech billionaires since September. Bezos net worth is down more than $2 billion Thursday. (Photo by Cooper Neill/Getty Images) Getty Images Key Facts…
Policymakers have long said they were doing what they could to ease the pocketbook pain of average Americans. Now, a new administration has the chance to take real action that will help prevent higher cell phone bills while also connecting more Americans and keeping our communications infrastructure competitive with China. The good news? Policymakers and…
Washington lawmakers are going after firms that make equipment for semiconductor manufacturing as the Joe Biden administration mulls more export controls to restrict China’s hi-tech advances. On Thursday, the Democratic and Republican leaders of the House select committee on China sent letters to five American, Dutch and Japanese companies, requesting detailed information about the companies’…
The federal government is ordering TikTok to end its business interests in Canada following a national security review, but will still allow Canadians to use the popular social media app. The decision announced by Innovation and Science Minister Francois-Philippe Champagne on Wednesday comes after a lengthy review into security concerns over the app and its…
Berkshire Hathaway’s cash reserves are at an all-time high of $325.2 billion as Warren Buffett quickly exits what has been one of his most profitable trades of the past decade. The Oracle of Omaha and his conglomerate holding company Berkshire started to offload shares of Apple late last year, paring down a major bet on…
A Chinese woman has emerged as one of the youngest and richest individuals in the country, having been listed on the “Hurun China Rich List 2024” with a net worth of 8.5 billion yuan (US$1.2 billion). Following the release of the mainland rich list on October 29, 35-year-old Wang Shuo quickly became the focus of…
RAPID CITY, S.D. (KOTA) -The Federal Communications Commission announced new regulations mandating that all mobile phones be compatible with hearing aids, enhancing access to mobile technology for Americans with hearing loss. The agency approved the new regulations on October 17th. According to the agency, all mobile phones have to meet volume control benchmarks. People with…
Topline Former President Donald Trump’s net worth has doubled this month, increasing from under $4 billion at the start of October to $8 billion Tuesday and coinciding with a multi-week rally from his media company, Trump Media & Technology Group, as he has surged to become the betting favorite in the presidential election. Trump’s net…
PALO ALTO, California — The U.S. has finalized rules to restrict certain American investments in mainland China, Hong Kong and Macao in high-tech sectors including artificial intelligence, semiconductors and quantum technology. The final rules, published by the Department of the Treasury on Monday, prohibit U.S. individuals from making certain transactions related to semiconductors and microelectronics,…
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