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An investigation revealed that companies use enough energy to power Houston, and contribute to growing carbon emissions The largest US cryptomining companies have the capacity to use as much electricity as nearly every home in Houston, Texas; energy use that is contributing to rising utility bills, according to an investigation by Democratic lawmakers. Cryptomining is …

Energy use from US cryptomining firms is contributing to rising utility bills Read More »

Customers to the online retailer’s first in-person location were disappointed by the limited selection and algorithmic picks Outside Amazon’s first in-person clothing store in California, Diemmi Le, 22, summed up her experience: “You don’t have to talk to anybody.” For years, Amazon tried – and ultimately failed – to translate its online book business into …

‘Hi-tech’, underwhelming: Amazon’s IRL clothing store misses the point of shopping Read More »

Lawyers for the billionaire oppose company’s request that the trial begin in September Elon Musk has filed a motion opposing Twitter’s request to fast-track a trial over his plan to terminate his $44bn deal for the social media company. Musk’s lawyers, in papers filed with the Delaware Chancery court on Friday, said Twitter’s “unjustifiable request” …

Elon Musk files motion against Twitter’s bid to fast-track trial Read More »

Company says it was faced with a ‘run on the bank’ as investors raced to withdraw their assets The cryptocurrency platform Celsius Network was left with a $1.2bn (£1bn) deficit after suffering from a digital version of an old-fashioned “run on the bank”, according to its bankruptcy filing in the US. Blaming a combination of …

Celsius Network: crypto firm reveals $1.2bn deficit in bankruptcy filing Read More »

US company says recruitment drive will take permanent workforce in Britain to 75,000 Amazon is creating more than 4,000 permanent jobs across the UK this year, the online company has announced. The US firm said the recruitment drive would bring its permanent workforce in the UK to 75,000, having created 40,000 new jobs in the …

Amazon to create more than 4,000 jobs in UK Read More »

In viral videos, content creators film themselves surprising strangers with toys, food and wads of cash – whether they like it or not Get our free news app, morning email briefing and daily news podcast Picture the scene. You’re sitting alone, enjoying a coffee. Maybe you’ve got a podcast on. Maybe you’re on the phone …

Gifts for strangers: the ‘ethically ambiguous’ TikTok trend using unknowing people as fodder for content Read More »

If private companies are going to benefit from taxpayer subsidies, the financial gains made by these companies must be shared with the American people For two months, a 107-member conference committee has been working to finalize an agreement on the US Innovation and Competition Act (USICA) which would provide more than $50bn in corporate welfare …

Let’s rebuild the US microchip industry – not give it a $50bn-plus check | Bernie Sanders Read More »

Social network was completely unavailable to users around world on web and mobile for 45 minutes Twitter experienced one of the site’s longest outages for years, with the social network completely unavailable to users around the globe on web and mobile for almost an hour. According to Downdetector.co.uk, which tracks site outages, the service became …

Twitter experiences longest global outage in years Read More »

Culture secretary Nadine Dorries asks Tory leadership hopeful if suicide comes under ‘hurt feelings’ Tory leadership latest – live updates Ministers have hit back at Kemi Badenoch’s criticism of the online safety bill after the Conservative leadership contender said the delayed proposals were in “no fit state” to become law. The flagship bill, which has …

Kemi Badenoch ‘completely wrong’ about online safety bill, say ministers Read More »

Platform belatedly follows rivals in appealing to cash-strapped consumers as it loses subscribers Netflix has partnered with Microsoft to launch a cheaper subscription plan showing adverts in an attempt to appeal to cash-strapped consumers seeking to cut back on costs. The streaming platform first announced plans to launch a cheaper service – giving subscribers the …

Netflix teams up with Microsoft on cheaper streaming with adverts Read More »