Mary Daly, president of the San Francisco Federal Reserve, said the U.S. central bank still needs to ensure inflation remains sustainably lower. She noted that while advances in artificial intelligence can help alleviate price pressures by increasing productivity, maintaining a modestly restrictive policy stance remains important, according to Reuters.Speaking at an event at San Jose […]
Live Nation executives reportedly bypassed the Justice Department’s antitrust division by negotiating directly with more sympathetic senior officials in hopes of avoiding a monopoly lawsuit. Citing “people familiar with the matter,” Traffic lights reports that some talks have ruled out antitrust chief Gail Slater, who has pushed for a trial in March after inheriting the […]
Tuesday two Lawmakers in Massachusetts introduced two bills to the state House And Senate which, if passed, would create a state law requiring companies to tell customers when service on their connected products ends. It’s an effort intended to reduce cybersecurity risks and also increase consumer protection. With knowledge of future support, consumers can confidently […]
President Donald Trump has made it clear: his vision for Venezuela’s future involves the US profiting from its oil. “We will have our very large American oil companies – the largest in the world – step in, spend billions of dollars and fix the badly broken infrastructure, the oil infrastructure,” the president told reporters at […]
The battle for net neutrality never really seems to have been won or lost. Federal net neutrality rules have been on and off for the past fifteen years. The Federal Communications Commission (FCC) adopted the Open Internet Order in 2010 under President Barack Obama, which prohibits ISPs from blocking or restricting legitimate Internet traffic, the […]
The Federal Communications Commission has banned new drones those made abroad may not be imported into the U.S. unless the Department of Defense or Department of Homeland Security recommends it. Drones were added to Monday’s action on the FCC’s Covered Listclassifying foreign-made drones and drone parts, such as those made by DJI, as communications equipment […]
Today was the deadline for Google to reveal how it is complying with Judge James Donato’s order to open Android to third-party app stores, stop illegally linking its Google Play Billing system to its app store, and let developers link to ways to download their apps outside the Play Store in the US. But Google […]
Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz were indicted in Brooklyn on charges that she illegally conspired rig betting on pitches thrown during games. The two were charged with wire fraud conspiracy, conspiracy to influence sports competitions by bribery and money laundering conspiracy, among other charges. According to the indictment: The defendants agreed in […]
U.S. District Court Judge James Donato just agreed to delay the execution of his permanent injunction until October 29. Here is the text of the order. It’s short! ORDER. At the joint request of the parties, MDL Dkt. No. 1110, the upcoming deadline of October 22, 2025 at which certain provisions of the order, MDL […]
The majority of his career is Larry Ellison satisfied to make Oracle quietly the company, behind the company, behind the technology that the headlines get. The largest products are cloud computing and database products that it sells to company customers such as DHL, Northwell Health and Fanatics. But now in his 1980s, Ellison has started […]