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Thursday, March 21
by
ABC News
Apple sued by Biden administration in landmark case over iPhone monopoly
(NEW YORK) -- The Biden administration sued Apple on Thursday, alleging the tech giant created a monopoly in the smartphone market by blocking competitors from accessing hardware and software features of the iPhone.The lawsuit, filed by the Department of Justice in federal court in ...
Thursday, March 21
by
ABC News
Meet your new virtual assistant: The AI in your car
(NEW YORK) -- The artificially intelligent computer KITT from Knight Rider could do it all -- drive solo, speak to humans, land quips and fight crime. It was sentient, funny and self-aware. KITT was a futuristic -- but fictional -- TV character that had ...
Thursday, March 21
by
ABC News
Why you will likely see higher egg prices ahead of Easter
(NEW YORK) -- After months of egg prices slowly falling, the staple Easter item is on the rise again in part due to a resurgence of Highly Pathogenic Avian Influenza (HPAI) in egg-laying flocks, commonly referred to as bird flu.Since the start of November, ...
Thursday, March 21
by
ABC News
Senate mulls TikTok ban amid US national security concerns
(WASHINGTON) -- Senators from both sides of the aisle warned Wednesday that TikTok endangers millions of users in the United States -- as Congress continues to weigh how to protect U.S. national security amid growing concern that the Chinese social media platform is a ...
Wednesday, March 20
by
ABC News
Fed holds interest rates steady, postponing rate cuts amid stubborn inflation
(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The move pushes back rate cuts that the central bank expects to make some time this year.The Fed Funds rate ...
Wednesday, March 20
by
ABC News
Elon Musk releases code for his AI chatbot Grok. Heres why it matters
(NEW YORK) -- Some of the world’s largest companies and richest people are fighting over a question that will help shape the future of AI: Should firms reveal exactly how their products work?Elon Musk, the CEO of Tesla and SpaceX, upended the debate in ...
Wednesday, March 20
by
ABC News
What to know about new minimum wage in California, why some industries are now exempt
(NEW YORK) -- Earlier this week, the California General Assembly passed a bill that alters the Golden State's new law raising the minimum wage for fast food workers to $20 an hour, which goes into effect on April 1.Assembly Bill 610, written by Assemblymember ...
Wednesday, March 20
by
ABC News
UnitedHealth Group recovering from significant cyberattack: CEO
(NEW YORK) -- The UnitedHealth Group -- one of the nation’s largest health care providers -- said it is making progress in its recovery from one of the worst cyberattacks on a health care system in United States history, its CEO said earlier this ...
Wednesday, March 20
by
ABC News
Fed to announce interest rate decision as inflation hits rough patch
(WASHINGTON) -- The Federal Reserve is set to announce an interest rate decision on Wednesday, revealing its latest move in a yearslong battle to dial back price increases.The decision arrives roughly a week after fresh inflation data showed inflation ticked up in February, the ...
Tuesday, March 19
by
ABC News
Is TikTok different in China? Heres what to know
(NEW YORK) -- The push in Washington, D.C., for a potential TikTok ban has drawn mounting scrutiny toward the app over data privacy risks tied to Chinese-owned parent company ByteDance.In making their case, some critics point to an allegedly tamer version of the app ...
Tuesday, March 19
by
ABC News
Closed for paid leave: More than 70 businesses nationwide shut doors on day of action
(NEW YORK) -- More than 70 businesses across the country shut their doors Monday in a show of solidarity to call for federal paid family and medical leave.The day of action coincided with Women's History Month, highlighting the value of investing in women in ...
Tuesday, March 19
by
ABC News
Companies behind Hershey and Cadbury chocolate signal possible price hikes amid cocoa cost surge
(NEW YORK) -- Easter is on the horizon, but the price of chocolate may leave a bitter aftertaste for some people leading up to the sweet holiday.Two popular chocolate brands recently indicated they may raise prices on products again due to the rising cost ...
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