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Trump administration is reportedly weighing limits to China’s access to chip technology

February 17, 2020 by cbn Leave a Comment

Trump administration is reportedly weighing limits to China’s access to chip technology

A worker at the photolithography section of a semiconductor plant of the Mikron Group in Zelenograd, Moscow. Anton Novoderezhkin | TASS | Getty Images The Trump administration is weighing trade restrictions on China that would limit the use of American chip-making equipment, The Wall Street Journal reported Monday. People familiar with the matter told the […]

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Pelosi says working with China’s Huawei is like ‘choosing autocracy over democracy’

February 16, 2020 by cbn Leave a Comment

Pelosi says working with China’s Huawei is like ‘choosing autocracy over democracy’

The US’ House of Representatives Speaker Nancy Pelosi attends the 56th Munich Security Conference in Munich on February 16, 2020. Christof Stache | AFP | via Getty Images MUNICH — As the globe races to develop 5G networks, U.S. House Speaker Nancy Pelosi warned Sunday that accepting Chinese domination of the technology would be akin […]

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Microsoft cut off this game developer’s revenue stream, so he built his own replacement

February 15, 2020 by cbn Leave a Comment

Microsoft cut off this game developer’s revenue stream, so he built his own replacement

Sam Kaufmann, CEO of Random Salad Games Random Salad Games Sam Kaufmann is on somewhat of a digital island. His company, Random Salad Games, is the largest ad-supported app developer on Microsoft Windows, which has become an afterthought in the mobile market now dominated by Apple and Google. It’s still a nice business for Kaufmann. […]

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Facebook’s copycat Pinterest app sent the stock falling, but history shows there’s nothing to worry about

February 14, 2020 by cbn Leave a Comment

Facebook’s copycat Pinterest app sent the stock falling, but history shows there’s nothing to worry about

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook’s latest “copycat” app sent shares of Pinterest falling 4% after hours on Thursday, but history shows investors may not have too much to worry about. While Facebook’s Stories feature infamously drew […]

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Watch the Federal Reserve confirmation hearings for Shelton and Waller live

February 13, 2020 by cbn Leave a Comment

Watch the Federal Reserve confirmation hearings for Shelton and Waller live

[The stream is slated to start at 9 am ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump’s two choices to fill Federal Reserve board spots will get their confirmation hearings Thursday before the Senate Banking Committee. Judy Shelton of California and Christopher Waller of […]

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IRS proposes rules to update income tax withholding, revises Form W-4

February 12, 2020 by cbn Leave a Comment

IRS proposes rules to update income tax withholding, revises Form W-4

The IRS proposed new regulations (REG-132741-17) for withholding on individuals’ wages to reflect the statutory changes in the law known as the Tax Cuts and Jobs Act, P.L. 115-97, including the elimination of the personal exemption. The proposed rules and the new Form W-4, Employee’s Withholding Certificate (formerly titled Employee’s Withholding Allowance Certificate) no longer […]

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Facebook’s WhatsApp hits 2 billion user milestone

February 12, 2020 by cbn Leave a Comment

Facebook’s WhatsApp hits 2 billion user milestone

Facebook-owned WhatsApp is being censored in China as the Communist Party congress gets underway. Jaap Arriens | NurPhoto | Getty Images Facebook’s WhatsApp now has more than 2 billion users, CEO Will Cathcart told The Wall Street Journal in an interview published Wednesday, revealing its user numbers for the first time in two years. The […]

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Watch Fed Chair Jerome Powell speak to Congress live

February 11, 2020 by cbn Leave a Comment

Watch Fed Chair Jerome Powell speak to Congress live

[The stream is slated to start at 10 am ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell appears Tuesday before the House Committee on Financial Services as part of his semiannual testimony to Congress. Powell said in prepared remarks that the Fed […]

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‘Imagine being trapped in your bathroom’ — what it’s like on coronavirus-quarantined cruise ship

February 10, 2020 by cbn Leave a Comment

‘Imagine being trapped in your bathroom’ — what it’s like on coronavirus-quarantined cruise ship

A California passenger aboard the Diamond Princess told CNBC on Monday it “can be a little bit depressing” when thinking about how much longer he and his wife must remain on the quarantined cruise ship: likely nine more days. Matthew Smith, 57, told CNBC’s “Squawk Box” he is “maintaining his confidence” that he and his […]

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Amazon Flex drivers are using bots to cheat their way to getting more work

February 9, 2020 by cbn Leave a Comment

Amazon Flex drivers are using bots to cheat their way to getting more work

Contractors working for the Amazon Inc. Flex program load packages into vehicles to deliver to customers in San Francisco. David Paul Morris | Bloomberg | Getty Images Like many gig economy workers, Amazon Flex drivers start off their day by opening an app. The Flex app is where drivers find package delivery jobs in their […]

Filed Under: Bookkeeping

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