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Friday, July 1, 2022
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Intel says it will buy Tower Semiconductor for $5.4 billion

Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

Spotify CEO says canceling Joe Rogan isn’t ‘the answer’

Joe Rogan has put Spotify in a tough spot, but the streaming giant is not ready to part ways with the popular podcast host despite intense criticism over his anti-coronavirus vaccine comments and use of racial slurs.

US probing Autopilot problems on 765,000 Tesla vehicles

The U.S. government has opened a formal investigation into Tesla's Autopilot partially automated driving system after a series of collisions with parked emergency vehicles.

EXPLAINER: How cryptocurrency fits into infrastructure bill

What does Bitcoin have to do with roads and bridges? A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.

Apple’s iPhone privacy clampdown arrives after 7-month delay

Apple is following through on its pledge to crack down on Facebook and other snoopy apps that secretly shadow people on their iPhones in order to target more advertising at users.

SAN JACINTO CITY COUNCIL THREE ITEM MEETING

Compared to Hemet, San Jacinto City Council meetings are brief and to the point. Scheduled from 6:30 to 9:30 PM they were and finished an hour earlier. After the usual preliminaries, invocation and pledge of allegiance Tuesday night’s session was a whiz-bang affair once everybody reported in. Each council member gave reports on their various committee assignments which is routine at every council meeting. No action is required since they are not on the agenda for action.

Meme fav GameStop eyes digital shift and stock flies again

GameStop took a step toward a more digital future Monday, naming an activist investor to lead company efforts to push more of its business online.

States pass their own virus aid, not waiting on Washington

Not waiting for more federal help, states have been approving their own coronavirus aid packages, spending hundreds of millions of dollars to help residents and business owners devastated by the the pandemic's economic fallout.

More California reopenings on way as virus numbers improve

A substantial number of California counties could see fewer restrictions on business operations starting next week as coronavirus infections, hospitalizations and deaths continue to fall, Gov. Gavin Newsom said Tuesday.

Cost of a single Bitcoin exceeds $50,000 for first time

The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time.