US Business

The tech company said it received a universal decryptor that would help restore all the computer systems affected by the July 2 hack of one of its products.

The company has introduced new features to appeal to businesses beyond traditional social-media advertising, including a push into augmented reality.

It could take one or two years to get back to a reasonable supply-and-demand balance in the semiconductor industry, Pat Gelsinger said in an interview after Intel posted largely flat second-quarter sales and profit.

Faced with higher costs for materials, transportation and workers, U.S. companies are charging more for products from groceries to industrial goods. A test will come later this year when consumers will have to choose whether or not to absorb additional price increases.

The ad holding company reported a 17.1% increase in organic revenue in the second quarter, joining competitors in reporting significant growth over the dire second quarter last year.

States unveiled a historic settlement with drug companies to resolve thousands of suits, a milestone that could clear the way for the states to receive money early next year.

The Tesla CEO generally supports the cryptocurrency despite harboring concerns about its environmental impacts.

The California utility said the effort, which it earlier deemed too expensive, involves 10,000 miles of distribution lines and an estimated cost of $20 billion.

A vote by the Federal Trade Commission is a win for the “Right to Repair” movement, whose supporters say many manufacturers make it too hard for consumers to get the parts and information needed to fix devices.

The streaming giant’s U.S. member base shrank in the second quarter even as it beat its global growth forecast.