Beleaguered tech stocks rocket higher after consumer price index shows inflation easing
The market rally followed the news that consumer prices rose less than expected, just 0.4%, in October.
KFC apologizes after Kristallnacht promotion in Germany
KFC apologized on Thursday for sending a mobile app alert telling German customers to “treat yourself” on Kristallnacht.
Amazon introduces ‘Sparrow’ robotic arm that can do repetitive warehouse tasks
Amazon on Thursday unveiled a new robotic arm for use in warehouses that can lift and sort items of varying shapes and sizes.
Meta’s new headset is a very expensive VR experiment that doesn’t have a target audience
After two weeks of testing the Meta Quest Pro, I’m not sure who the device is meant for. It’s a headset for professionals that’s not professional grade, yet.
Consumer prices rose 0.4% in October, less than expected, as inflation eases
The consumer price index was expected to rise 0.6% from September to October and 7.9% from a year ago, according to Dow Jones estimates.
Apple will spend $450 million with Globalstar and others to enable emergency satellite texting
Apple isn’t taking an equity stake in the company but it is committing to spend money for equipment and the service’s operations.
President Biden says Elon Musk’s relationships with other countries are worth looking into
Musk has important international business ties through Twitter, SpaceX, and Tesla.
Mindfulness meditation reduces anxiety as much as a common antidepressant drug, study finds
The study is the first randomized clinical trial to compare the effectiveness of mindfulness meditation with that of the antidepressant escitalopram.
Beyond Meat reports wider-than-expected loss, falling revenue
Beyond Meat reported a wider-than-expected loss as demand for its meat substitutes tumbled.
Elon Musk brainstorms plans for how payments could work on Twitter
During an audio broadcast with advertisers on Wednesday, Musk outlined some plans for a payment system on Twitter.
