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Tech stocks tumble as bond yields jump despite stimulus plans - while oil hits $70 after attack on Saudi Arabia hrobertson@businessinsider.com (Harry Robertson) © LightRocket/Getty Images Tech stocks around the world have suffered as bond yields have risen LightRocket/Getty Images Bond yields continued to rise on Monday, knocking tech stocks around the world once again. Higher yields make stocks look less attractive and weigh on the valuations of technology companies. Oil prices jumped after an attack on Saudi Arabian oil facilities sparked concern among investors. Global t...

Pressure rises on Biden to shut tech out POLITICO 1/22/2021 By Nancy Scola © Kirill Kudryavtsev/AFP/Getty Images Tech industry critics are ramping up the pressure on President Joe Biden to think twice before hiring tech industry veterans for the many still-unfilled administration roles that touch on tech. A Silicon Valley résumé is looking increasingly toxic in Washington — and that’s complicating President Joe Biden’s efforts to fill out his team to take on tech. In the wake of the social media fueled riot on the Capitol, many on the progressive left have argued ...

Protecting fragile ecosystems from lithium mining © Lake Resources Drilling for lithium brine at the Kachi site, Argentina Between 2015 and 2018 the price of lithium carbonate, the source of one of the most important elements in electronics, more than tripled. It was a nasty shock for the electronics industry as lithium is the key ingredient in rechargeable batteries that power everything from smartphones, to toothbrushes, to electric cars. "This was the most extreme price spike in the history of lithium and underlined the fundamental challenges facing the market," says Andrew Miller, prod...

Apple and Amazon both cracked down on Parler late Saturday, pulling the app from their Apple store and Amazon Web Services (AWS) hosting until the conservative social media platform ramps up content moderation."We have always supported diverse points of view being represented on the App Store, but there is no place on our platform for threats of violence and illegal activity," Apple said in a statement to The Hill."Parler has not taken...