Senate Majority Leader Chuck Schumer will host tech leaders including Tesla CEO Elon Musk, Meta Platforms CEO Mark Zuckerberg and Alphabet CEO Sundar Pichai at an artificial intelligence forum on Sept. 13, Schumer’s office said Monday. The closed-door forum will also feature OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella, according to Schumer’s office, which added the forum will be bipartisan. Several governments are considering …
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Elon Musk’s futuristic Cybertruck nears debut as Tesla aims to win over skeptics
Tesla’s long-delayed Cybertruck is expected to finally hit the market this fall, but Elon Musk faces a tough road convincing Wall Street that the futuristic pickup is more than just a gimmick. Musk posted a series of Cybertruck glamor shots on his X account over the past week, revealing that he took a production model for a test drive at …
Read More »Europe Union is cracking down on Big Tech
Starting Friday, Europeans will see their online lives change. People in the 27-nation European Union can alter some of what shows up when they search, scroll, and share on the biggest social media platforms like TikTok, Instagram, and Facebook and other tech giants like Google and Amazon. That’s because Big Tech companies, most headquartered in the U.S., are now subject to a pioneering …
Read More »Instacart reveals revenue surge in IPO filing
Grocery delivery app Instacart on Friday revealed a 31% jump in revenue for the first half of the year as it made public its filing for a stock market flotation in New York, setting the stage for one of the most anticipated listings in recent years. The development comes 15 months after Instacart submitted its IPO paperwork confidentially, a move that is …
Read More »Roblox ‘illegally facilitated child gambling’: lawsuit
Roblox, the online video game maker of popular hits such as “Murder Mystery 2,” “Adopt Me,” and “Slap Battles” is being sued by the parents of two minors who allege that the company is illegally facilitating child gambling. Rachelle Colvin, a California resident, and Danielle Sass, who lives in New York state, filed suit against the San Mateo, Calif.-based company …
Read More »AI chip giant Nvidia’s profit surge makes CEO $4.2B richer overnight
Nvidia’s chief executive Jensen Huang became $4.2 billion richer overnight after his software company crushed Wall Street’s second-quarter earnings expectations by billions, sending its stock surging by as much as 10% in aftermarket trading on Wednesday. Nvidia posted a record revenue of $13.51 billion for the latest quarter ended July 30, up 88% from the first quarter and a whopping …
Read More »Google sued for information over rights to NFL’s ‘Sunday Ticket’ package
Alphabet’s Google has been hit with a lawsuit in US federal court seeking information about its multibillion-dollar deal with the National Football League to exclusively hold the broadcast rights for the “Sunday Ticket” package of televised professional games. Lawyers representing classes of residential and commercial business subscribers of Sunday Ticket filed the lawsuit on Monday in San Jose, California, federal court. They’ve asked a …
Read More »Justin Trudeau blasts Facebook for blocking news in fire-ravaged Canada
Canadian Prime Minister Justin Trudeau excoriated Mark Zuckerberg-run Meta as “bad for democracy” on Monday after it began blocking access to news stories on Facebook while wildfires destroy wide swaths of his country. “It is so inconceivable that a company like Facebook is choosing to put corporate profits ahead of ensuring that local news organizations can get up-to-date information to …
Read More »MMA champs offer to train Elon Musk for cage match with Zuckerberg
A who’s-who of MMA fighters have a beef with Mark Zuckerberg — so they’re throwing their weight behind Elon Musk ahead of a possible cage match between the tech titans. At least eight UFC fighters, Brazilian Jiu-Jitsu champions, and more, led by former MMA champ Chad Robichaux are offering to train Musk for the proposed cage fight with Meta CEO …
Read More »Inflammation can lead to an increase in social media use: study
People who suffer from inflammation often spend more time scrolling through social media in hopes of interacting with friends and family, a new study revealed this week. When the body slows down to heal inflammation and other illnesses, people tend to spend more time looking at their phone, according to Dr. David S. Lee, an assistant professor of communication at …
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