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March 5, 2021

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In battle with U.S., China to focus on 7 ‘frontier’ technologies from chips to brain-computer fusion

CNBC
CNBC – For more and to sign up click here GUANGZHOU, China — China is looking to boost research into what it calls “frontier technology” including quantum computing and semiconductors, as it competes with the U.S. for supremacy in the latest innovations. In its five-year development plan, the 14th of......

China spending on research and development to rise 7% per year in push for major tech breakthroughs

CNBC
CNBC – For more and to sign up click here Integrated circuits on a circuit board. filonmar | E+ | Getty Images Li said China’s research and development spending will increase by more than 7% per year between 2021 and 2025. R&D will account for a higher percentage of gross......

Why Amazon joined the fight over NFL broadcasting rights

CNBC
CNBC – For more and to sign up click here Tampa Bay Buccaneers Tight End Rob Gronkowski (87) celebrates after scoring a touchdown in the first quarter during Super Bowl LV between the Kansas City Chiefs and the Tampa Bay Buccaneers on February 07, 2021, at Raymond James Stadium in......

Amazon accused of copying camera gearmaker’s top-selling item

CNBC
CNBC – For more and to sign up click here Peter Dering, CEO of San Francisco-based Peak Design, said his company’s “Everyday Sling” bag became a target for Amazon to copy after it was the top-selling premium camera bag on the site “by a longshot.” Camera gear maker Peak Design......

Amazon-backed food delivery firm Deliveroo picks London for its blockbuster debut

CNBC
CNBC – For more and to sign up click here A Deliveroo courier rides along Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions. Pietro Recchia | SOPA Images | LightRocket via Getty Images LONDON — British food delivery start-up Deliveroo announced Thursday that it plans......

Australian treasurer says talks with Facebook on new media law were ‘protracted and difficult’

CNBC
CNBC – For more and to sign up click here In this photo illustration, the logos Facebook and Google are seen on a smartphone in front of an Australian flag. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Australian Treasurer Josh Frydenberg told CNBC negotiations with Facebook about......

People are paying millions for clips that can be viewed for free. Welcome to the world of ‘NFTs’

CNBC
CNBC – For more and to sign up click here A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s From art to sports trading cards, people are spending millions of......

A major Chinese bitcoin mining hub is shutting down its cryptocurrency operations

CNBC
CNBC – For more and to sign up click here A visual representation of the cryptocurrency bitcoin. S3studio | Getty Images GUANGZHOU, China — China’s Inner Mongolia region plans to ban new cryptocurrency mining projects and shut down existing activity in a bid to cut down on energy-consumption. Bitcoin is......

Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade, Citi says

CNBC
CNBC – For more and to sign up click here A customer uses a bitcoin automated teller machine (ATM) in a kiosk Barcelona, Spain, on Tuesday, Feb. 23, 2021. Angel Garcia | Bloomberg | Getty Images Citi thinks bitcoin is at a “tipping point” and could one day “become the......

Biden expresses support for Amazon union vote in Alabama: ‘Make your voice heard’

CNBC
CNBC – For more and to sign up click here U.S. President Joe Biden delivers remarks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, February 24, 2021. Jonathan Ernst | Reuters Without naming......

‘Nomadland’ spotlights Amazon’s RV workforce — here’s what it’s really like

CNBC
CNBC – For more and to sign up click here Amazon CamperForce, launched in 2008, recruits RVers and vandwellers from all corners of the country to work for months at a time during the peak holiday shopping season. Shay Martinez-Machen In 2017, Shay Martinez-Machen was having an identity crisis. She......

Seniors Seeking Vaccines Have a Problem: They Can’t Use the Internet

New York Times
Plenty of seniors do feel comfortable texting, tweeting and surfing the internet. But for those who do not, taking the time to learn a new skill often feels daunting, Mr. Kamber said. Older Adults Technology Services has taught 48,000 people how to get started online since the pandemic began, he......

FCC internet subsidy: Millions of households could get $50 monthly payment

CBS News
CBS News – For more and to sign up click here Millions of low-income households and people who suffered job losses in the past year could soon receive a $50 monthly subsidy to help pay for their internet bills. The Federal Communications Commission on Thursday approved a $3.2 billion plan......

Crypto collectibles are selling for thousands — and celebrities like Mark Cuban are cashing in

CNBC
CNBC – For more and to sign up click here The cryptocurrency world is abuzz with talk of digital collectibles, unique virtual tokens that can represent anything from art to sports memorabilia. People have been paying hundreds of thousands of dollars for these NFTs, or non-fungible tokens. One investor, Sheldon......

F.C.C. Approves a $50 Monthly High-Speed Internet Subsidy

New York Times
WASHINGTON — The Federal Communications Commission on Thursday approved an emergency subsidy for low-income households to get high-speed internet, an effort to bridge the digital divide that has cut off many Americans from online communication during the pandemic. The four-member commission unanimously agreed to offer up to $50 a month......

Etsy stock surges on earnings beat and strong guidance

CNBC
CNBC – For more and to sign up click here An employee walks past a quilt displaying Etsy signage at the company’s headquarters in Brooklyn, New York. Victor J. Blue | Bloomberg | Getty Images Etsy reported better-than-expected fourth-quarter results after the bell on Thursday, including soaring profits and 129%......

Australia passes new media law that will require Google, Facebook to pay for news

CNBC
CNBC – For more and to sign up click here A search for ‘Australia News’ on the Google homepage, arranged on a desktop computer in Sydney, Australia, on Friday, Jan. 22, 2021. David Gray | Bloomberg via Getty Images Australia has passed a new law that will require digital platforms......

Gen Z and millennials seeking flexibility are changing corporate America, Upwork CEO says

CNBC
CNBC – For more and to sign up click here Freelance contractor Upwork had its best growth year as a public company last year and CEO Hayden Brown sees no sign of momentum that started before the coronavirus pandemic slowing down when the economy reopens. Younger workers, scarred by a......

Louisiana task force recommends auctioning parts of spectrum previously reserved for public safety

WashingtonExaminer
USA TODAY – For more and to sign up click here In hopes of bringing high-speed wireless internet to unserved areas, a Louisiana legislative task force agreed Tuesday to recommend auctioning off much of a spectrum previously reserved for public safety. The task force included in its report measures it......

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