Today's Top Gadgets & Tech Story

Dogecoin in spotlight as cryptocurrency backer Musk makes 'SNL' appearance

NEW YORK (Reuters) - With the price of dogecoin surging, investors are looking ahead to Elon Musk's guest-host spot on this weekend's "Saturday Night Live" comedy sketch TV show after the billionaire's tweets this year turned the once-obscure digital currency into a speculator's dream. Read More

 

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Analysis: Cryptocurrency ethereum is flourishing but risks linger

NEW YORK (Reuters) - Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. More »

 

Amazon, union tussle over identifying witnesses as U.S. labor board starts hearing

WASHINGTON (Reuters) - Amazon.com lost a tussle on Friday over whether it could learn the names of witnesses before they testify at a hearing investigating claims that the company illegally interfered with a vote on unionizing an Alabama facility. More »

 

U.S. Senate China bill would create 'chief manufacturing' post in research boost

WASHINGTON (Reuters) -U.S. Senate committee leaders have drafted a compromise $110 billion measure for basic and advanced technology research and science over five years and the creation of a White House chief manufacturing officer in the face of rising competitive pressure from China, according to a copy of the 131-page draft legislation seen on Friday by Reuters. More »

 

Auto sector urges U.S. Congress to help fund its computer chip needs

WASHINGTON (Reuters) -The U.S. auto industry and United Auto Workers union on Friday urged Congress to tie billions of dollars in government funding to boost semiconductor production to help fill the needs of automakers forced to slash production because of chip shortages. More »

 

Top union sets sights on works council at Tesla's German gigafactory

FRANKFURT (Reuters) - Germany's largest and most powerful union IG Metall has set its sights firmly on setting up a works council at Tesla's gigafactory near Berlin, which is scheduled to open later this year, its head Joerg Hofmann said. More »

 

U.S. auto part makers brace for a bumpy ride as chip shortage to intensify

(Reuters) -U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. More »

 

U.S. Commerce chief cites auto chips shortage in jobs report

WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said on Friday the semiconductor shortage was a factor in April's jobs report that showed hiring unexpectedly slowed. More »

 

Nikola warns of supply constraints of batteries, chips and touch screens

SEOUL (Reuters) - Nikola Corp on Friday warned of supply constraints of batteries, chips, touch screens and other parts. More »

 

'SNL' host Elon Musk takes a Saturday off from Tesla's troubles

DETROIT (Reuters) - Elon Musk's turn as host of this week's "Saturday Night Live" television program will be a light-hearted, brand-building break from the pressures of running Tesla Inc and SpaceX - or land the billionaire in another bucket of hot water. More »

 

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