Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about it. Shares of the company formerly known as Facebook saw a historic plunge Thursday after the social media giant reported a rare profit decline due to a ...
WASHINGTON — The FBI has confirmed purchasing NSO Group’s powerful spyware tool Pegasus, whose chronic abuse to surveil journalists, dissidents and human rights activists has long been established. It suggested its motivation was to “stay abreast of emerging technologies and ...
NEW YORK — Food delivery workers in New York City, fresh off winning rights to transparency in tipping and the use of restaurant bathrooms, joined with ride-share drivers Tuesday in pressing for more protections, including better wages, health care and the right to unionize. Groups ...
BELLEVUE, Wash. — PlayStation-maker Sony is escalating its competition with Xbox-maker Microsoft by buying the video game studio behind one of Xbox’s hit games. Sony Interactive Entertainment said Monday it would spend $3.6 billion to buy Bungie Inc., an independent game publisher based ...
SACRAMENTO, Calif. — California’s more than half-million fast food workers would get increased power and protections under a first-in-the-nation measure approved by the state Assembly on Monday. Workers would be included alongside employers and state agencies on a new Fast-Food Sector Council to set statewide minimum standards on wages, working hours, training and working conditions including procedures designed to protect employees from the coronavirus pandemic. It would be limited to fast food restaurants with at least 30 establishments nationally. “California has a chance ...
WASHINGTON — The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating coronavirus recession. The nation’s gross domestic product — its total output of goods and services — expanded 5.7 percent in 2021. It was the strongest calendar-year growth since a 7.2 percent surge in 1984 after a previous recession. The economy ended the year by growing at an unexpectedly brisk 6.9 percent annual pace from October through December as businesses replenished their inventories, the Commerce ...
