A recall has been issued for more than 500,000 chargers for portable electronic devices that are only available at Costco due to reported concerns regarding how they can overheat and even catch fire.
Read More Over Half A Million Portable Chargers At Costco Recalled After 2 Homes Catch On Fire
On behalf of the Federal Trade Commission (FTC), the U.S. Department of Justice is getting ready to bring a consumer protection lawsuit against ByteDance’s TikTok app later this year, Bloomberg News reported on Thursday.
Read More DOJ Prepares To File Lawsuit Against TikTok, Citing ‘Children’s Privacy Violations’
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
Read More S&P 500 notches record high as Nvidia rally continues
The Biden administration on Thursday will announce plans to bar the sale of Kaspersky Lab’s antivirus software in the United States.
Read More Exclusive: Biden to ban US sales of Kaspersky software over ties to Russia, source says
GE Aerospace is developing a hybrid electric engine in hopes it will power next-generation narrow-body jets by the middle of the next decade.
Read More GE Aerospace developing hybrid engines for single-aisle jets