Tech
Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages.

Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S. regulator hasn’t yet certified. It hasn’t generated any revenue. Still, the co-founders of this three-year-old company got a huge payday last month, a $99 million special stock award that stands to quadruple if Archer hits […]

Updated: Oct 16, 2021
How the Search for Extraterrestrial Life Helped Make Your Smartphone’s Screen Possible

In December, the National Aeronautics and Space Administration and its partners plan to launch the James Webb Space Telescope. A technological marvel 100 times as powerful as the Hubble telescope, it has enough visual acuity to examine the atmospheres of planets far outside our solar system for evidence of extraterrestrial life. The Webb, a NASA […]

Updated: Oct 16, 2021
Suspected Ransomware Payments Nearly Doubled This Year, Treasury Says

WASHINGTON—The volume of suspected ransomware payments flagged by U.S. banks has surged this year, on pace to nearly double last year’s, the Treasury Department said Friday, highlighting the scale of a problem that governments across the world have described as a critical national security threat. Nearly $600 million in transactions were linked to possible ransomware […]

Updated: Oct 15, 2021
Chinese Telecom Giant ZTE in Dispute With U.S. Court-Appointed Monitor

WASHINGTON—China’s ZTE Corp. ZTCOY 1.54% in 2017 agreed to the oversight of an independent monitor when it pleaded guilty to Justice Department charges of illegally exporting sensitive U.S. technologies to Iran and repeatedly lying to investigators. Now, to the alarm of Justice Department officials, that monitor, a Dallas lawyer, is seeking to extend his own […]

Updated: Oct 15, 2021
Why Ford Picked Tennessee for Its New Electric-Vehicle Plant

Tennessee is emerging as a leader in a national scramble to develop electric-vehicle and battery production, as states compete to woo multibillion-dollar investments from auto companies pivoting away from the combustion engine. Ford Motor Co. F 1.62% and South Korean battery maker SK Innovation recently said they plan to develop a large complex to make […]

Updated: Oct 15, 2021
Facebook Should Clarify Terms of Service, Irish Privacy Regulator Says

A draft ruling from Ireland’s privacy regulator would require Facebook Inc. to change how it informs users about its data processing but disregards complaints that the social-media giant needs to obtain direct consent for its activities. If the decision is finalized, Facebook would also face a fine of between €28 million and €36 million (equivalent […]

Updated: Oct 15, 2021
U.S., European Nations Claim Progress on Path to Removing Digital Taxes

The U.S. and five European countries have reached an agreement on how those countries’ digital-service taxes would be withdrawn as a broader international agreement moves forward, French Finance Minister Bruno Le Maire said on Thursday. The deal isn’t likely to yield an immediate withdrawal of those taxes because it is still linked to the broader […]

Updated: Oct 14, 2021
Motional Previews the Self-Driving Taxi Experience, With Lyft as Its First Partner

Driverless technology company Motional AD Inc.’s vision for how passengers will ride in its planned self-driving taxis includes a start button to spur the cars into motion, another button to indicate when to pull over and other features aimed at making riders feel at ease in the new experience. The company and its partner in […]

Updated: Oct 14, 2021
White House Ransomware Summit Eyes Tighter Global Scrutiny for Crypto

Officials from 32 governments who met virtually this week to coordinate their response to the ransomware boom said uneven cryptocurrency standards are helping hackers cash in. The representatives pledged to share information about cyberattacks and investigations, push firms to shore up security, and disrupt the financial infrastructure of a criminal hacking economy that has flourished […]

Updated: Oct 14, 2021
Apple Studying Potential of AirPods as Health Device

Apple Inc. AAPL 2.02% is studying ways to make AirPods into a health device, including for enhancing hearing, reading body temperature and monitoring posture, according to documents reviewed by The Wall Street Journal and people familiar with the plans. The plans further demonstrate Apple’s ambition to add health and wellness features to devices beyond the […]

Updated: Oct 13, 2021