Emily Chang’s Tech Briefing

Time now for our daily Tech and Business Report. Today, KCBS Radio's Matt Bigler spoke with Bloomberg's Chester Dawson.

Toyota is planning to spend $1.4-bllion dollars to ramp up its electric vehicle production in the U-S. Chester, the company will be building a new SUV.

Time now for our daily Tech and Business Report. Today, KCBS Radio's Nikki Medoro was joined by Bloomberg tech reporter Mark Gurman.

Apple has set the date for its next big event. 'Let Loose' will take place at 7am Pacific two weeks from today. So what is the company expected to introduce?

Invitations for a hot new app are making the rounds in Silicon Valley. It's called Airchat and it's being described as a mash-up of voice notes and Twitter.

To tell us about Airchat, and why is it so popular, KCBS Radio's Pat Thurston spoke with Bloomberg's Priya Anand.

Apple is giving its Mac computers an AI boost. The company plans to start using a new chip designed to highlight artificial intelligence.

For more KCBS Radio's Holly Quan spoke with Bloomberg tech reporter Mark Gurman.

We're learning more about what led to Hertz' decision to reverse course on its adoption of electric vehicles. The car rental company had initially signed a deal with Tesla to provide 100-thousand ev's.

For more, KCBS Radio's Holly Quan spoke with Bloomberg's David Welch.

Tesla said it has a plan to produce cars faster and for much cheaper, but it would require the automaker to ditch a 100-year old manufacturing process.

The company is moving toward what it calls an "unboxed" approach to manufacture a $25,000 car. If the EV maker is successful, Tesla said it can cut production costs in half.

For more, KCBS Radio's Holly Quan spoke with Bloomberg's Chester Dawson.

For something that is only used once a week, a new study finds that the popular weight-loss drug, Ozempic, could be manufactured for much less that what is being put out there.

Researchers say the weight-loss drug could be profitably produced for less than $5 dollars a month rather than the nearly $1,000 dollars Novo Nordisk charges the US.

For more, KCBS Radio's Nikki Medoro spoke with Bloomberg's Robert Langreth.

In what's being dubbed as the most significant antitrust settlements ever, Visa and Mastercard agreed to cap credit card swipe fees. The deal, which is subject to court approval, would save U.S. merchants at least $30 billion dollars over five years.

For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg's Paige Smith in today's Tech and Business Report.

The Justice Department announced today an antitrust lawsuit against Apple, accusing the iPhone maker of violating laws by boxing out competitors from accessing certain features on its devices.

This comes as the latest suit in a string of antitrust cases against the California-based tech giant.

For more on this, KCBS Radio's Holly Quan spoke with Bloomberg's Anna Edgerton.

It's officially been four years since COVID-19 upended our lives and changed some key guidelines, one of them being the option to skip out on standardized testing.

But earlier this year, three Ivy League schools reversed that option and started requiring incoming students to provide their SAT and ACT scores, causing parents to book tutors for their teenagers at up to $500 an hour.

For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg's Nacha Cattan in today's Tech and Business Report.