Social media company Parler filed a new lawsuit against Amazon Web Services on Tuesday and accused the Seattle-based tech giant of attempting to destroy its business after the Capitol riots on Jan. 6. Parler accused Amazon of a breach of contract, defamation, and anticompetitive behavior. Amazon Web Services (AWS) terminated Parler’s hosting contract and alleged…
Parler Files New Lawsuit Against Amazon, Says Tech Giant Tried to ‘Destroy’ App
US Jobless Claims Tick up to 745,000 as Layoffs Remain High
WASHINGTON—The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving. Thursday’s report from the Labor Department showed that jobless claims rose by 9,000 from the previous week….
Microsoft Says Chinese Hackers Targeted Groups via Server Software
March 4, 2021
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WASHINGTON—A China-linked cyber-espionage group has been remotely plundering email inboxes using freshly discovered flaws in Microsoft mail server software, the company and outside researchers said on Tuesday—an example of how commonly used programs can be exploited to cast a wide net online. In a blog post, Microsoft said the hacking campaign made use of four…
Intel Loses US Patent Trial, Ordered to Pay $2.18 Billion to VLSI Tech
Chipmaker Intel Corp must pay a technology rival $2.18 billion after a federal jury decided that Intel infringed on its patent, a federal court ruled on Tuesday. Intel infringed two patents related to chip-making owned by VLSI Technology LLC the jury ruled. In a statement, Michael Stolarski, chief executive of VLSI Technology, said the firm…
Trump Says ‘Buy Goya Foods’ After New Calls for Boycott
President Donald Trump encouraged Americans to buy Goya Foods products after the company faced new calls for a boycott over remarks made by its CEO at the Conservative Political Action Conference (CPAC) in Florida over the weekend. Goya Foods CEO Robert Unanue said that Trump was “the actual president of the United States,” sparking a…
Las Vegas Sands Shuts Door on US Gambling Hub With $6.25 Billion Asset Sale
Las Vegas Sands Corp, founded by late casino mogul Sheldon Adelson, will sell its Vegas properties for $6.25 billion, exiting the U.S. gambling hot spot after three decades to focus on Asia, home to the world’s largest gambling hub, Macau. The sale comes nearly two months after the death of Adelson—widely credited with helping transform…
Most Small Businesses Not Requiring COVID-19 Tests or Vaccines for Employees
The vast majority of the nation’s small businesses have not required their employees to get COVID-19 vaccines or tests to return to work, although there were significant differences across sectors, a government survey shows. The U.S. Census Bureau’s Small Business Pulse Survey, released last week and based on data collected from some 25,000 respondents from…
Most Small Businesses Not Requiring COVID-19 Tests, Vaccines for Employees
A vast majority of the nation’s small businesses haven’t required their employees to get COVID-19 vaccines or be tested to return to work, although there were significant differences across sectors, a government survey shows. The U.S. Census Bureau’s Small Business Pulse Survey, released last week and based on data collected from some 25,000 respondents from…
UK Raises Corporation Tax After Public Spending Soars During Pandemic
Britain’s Conservative government said on Wednesday it will raise taxes for businesses in a bid to improve public finances, which have been hit hard during the CCP virus pandemic. Delivering the annual budget in the House of Commons, Chancellor of the Exchequer Rishi Sunak announced that corporation tax will be raised from 19 percent to…
Hertz Eyes Bankruptcy Exit Through $4.2 Billion Stake Sale
In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to two investment firms for $4.2 billion. Knighthead Capital Management and Certares Opportunities will have the chance to buy the entire reorganized car rental company, but no less than a majority of…
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