Business

Most drivers say safety tech has saved them from crashes

Most drivers with advanced auto safety technologies in their cars say the features have helped keep them out of crashes, according to a new survey from Consumer Reports.About 57% of respondents said features like automatic emergency braking, blind spot warning…

How Microsoft is dodging the move to regulate Big Tech

Microsoft's market dominance is extraordinary at a time when so much focus is on the immense power of Big Tech.Facebook, Amazon, Google and Apple face legitimate concerns about big fines, more regulation or possibly even breakups.Both Republicans like President Donald…

FedEx lawsuit; Powell speech; Markets fall

1. FedEx lawsuit: FedEx is suing the US government, claiming it shouldn't be required to enforce federal export bans like the one targeting Huawei.Policing the contents of packages "is a virtually impossible task, logistically, economically, and in many cases, legally,"…

Amazon Prime Day will actually be two days this year

Amazon's Prime Day will return for the fifth time next month, and this year the discount holiday will run for two entire days.Amazon announced that Prime Day this year will start at midnight on Monday, July 15, and run for…

Alphabet tries to salvage its smart city plans in Toronto

Google's parent company continues its attempts to sell Toronto on its controversial vision for a utopian city neighborhood.Sidewalk Labs, the urban innovation company of Alphabet, released a 1,524-page report Monday detailing plans to develop part of the Canadian city as…

Bill Gates reveals the biggest mistake of his career

Bill Gates has a resume of career highs, but he calls Microsoft's failure to become Apple's chief iOS rival his "greatest mistake."The Microsoft founder made the admission twice in recent interviews when discussing how Microsoft lost out to Google in…

Big Tech must be regulated now, Bill Gates says

Bill Gates says the US government must step up its regulation of big tech companies, whose influence in culture, business and all areas of life is becoming more pervasive."Technology has become so central that governments have to think: What does…

Verizon is putting shopping at the heart of its media business

Six months ago, Verizon declared that its media brands were virtually worthless. Now it's trying to reinvent the business under a new name, with a plan to turn readers into online shoppers.Guru Gowrappan, a former Alibaba executive who took the…

The world's favorite super-cheap computer just got a big upgrade

Raspberry Pi is a credit card-sized desktop computer that has won over millions of hobbyists. It just got a big upgrade: The first major new edition of Raspberry Pi since February 2016 launches Monday, promising faster speeds and support for…

A 'Museum of Weed' is coming to Hollywood

A 30,000-square-foot cannabis museum is coming to Hollywood.Weedmaps, a Los Angeles-based cannabis technology and media company, is behind the new museum, which is aimed at destigmatizing cannabis and will open later this summer."We're at this point now where there is…

Xiaomi asked art majors to help design its latest smartphones

One of China's biggest tech companies is launching a new smartphone line that is designed by art majors and aimed at young shoppers.Xiaomi announced the Mi CC smartphone series — which CEO Lei Jun referred to as a "trendy mobile…

Abigail Disney and George Soros say: Tax the wealthy more

More than a dozen of the richest Americans have a message for 2020 presidential candidates: Tax us more.In a letter sent to candidates Monday, 18 members of some of the nation's wealthiest families advocated for a wealth tax on people…