House Speaker Nancy Pelosi lashed out at Facebook, saying it cared only about profits and that its senior executives “schmooze” the Trump administration to win lower taxes and avoid antitrust actions, CNBC reported. Pelosi’s attack highlights the tension between Facebook and Democrats, which is rooted in the social media giant’s failure to block Russia from influencing the 2016 election. That...
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The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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