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WHERE TECH, POLITICS & GIVING MEET: CEO NICOLE TAYLOR CONSIDERS SILICON VALLEY'S BUSY INTERSECTION
Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation. Located in Mountain View, California, the community foundation’s donors gave out nearly $4.6 billion in 2023, a significant increase from the $2.6 billion granted the previous year.
UN LAUNCHES GLOBAL PRINCIPLES TO COMBAT ONLINE HATE AND DEMANDS BIG TECH TAKE ACTION NOW
The United Nations chief this week launched global principles to combat online hate and lies and demanded that big tech companies use their power to reduce the harm they are doing to people and societies around the world.
HOW NVIDIA BECAME AN AI GIANT
It all started at a Denny’s in San Jose in 1993.
GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO
General Motors this week named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license.
STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG
California’s Public Utilities Commission rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.
RIVIAN SHARES SOAR ON MASSIVE CASH INJECTION FROM VOLKSWAGEN, STARTING IMMEDIATELY WITH $1 BILLION
Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software development agreement.
macOS Sequoia PRODUCTIVITY & INTELLIGENCE COMBINED AT THE FORE
With macOS Sequoia, Apple is redefining the landscape of desktop computing, introducing many features designed to enhance user productivity and new levels of artificial intelligence integration. From the gamechanging iPhone Mirroring to significant updates in Safari and a slew of highly anticipated gaming titles, Sequoia sets a new standard for the desktop.
CAR DEALERSHIPS ARE BEING DISRUPTED BY A MULTI-WEEK OUTAGE AFTER CYBERATTACKS ON SOFTWARE SUPPLIER
Car dealerships across North America have faced major disruptions.
ROBINHOOD CEO DISCUSSES THE BROKERAGE'S EVOLUTION LEADING UP TO ANOTHER RIDE ON THE MEME STOCK WAVE
Meme stocks like GameStop are hot again, reviving memories of early 2021 when they turned into a craze that ended up burning many investors along with Robinhood Markets.
JUDGE PUTS $30 BILLION VISA, MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION
A federal judge said she’s not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they’ve overpaid on swipe fees.
SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20
Southwest Airlines, already under pressure from a hedge fund for disappointing financial results, said Wednesday that a key revenue ratio will be weaker than expected because of changes in how consumers book travel.
FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT
Facial recognition startup Clearview AI reached a settlement in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million.
PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'
Sequels have been a touchy subject when it comes to Pixar, but it’s hard to deny the natural premise of “Inside Out 2.”
THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES
The Supreme Court this week sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and election security.
APPLE BECOMES FIRST TARGET OF EU'S NEW DIGITAL COMPETITION RULES AIMED AT BIG TECH
European Union regulators this week leveled their first charges under the bloc’s new digital competition rulebook, accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store.
BOEING CEO DEFENDS HIS SAFETY RECORD, SPARS WITH SENATORS AND APOLOGIZES TO CRASH VICTIMS RELATIVES
Boeing CEO David Calhoun defended the company’s safety record during a contentious Senate hearing this week, while lawmakers accused him of placing profits over safety, failing to protect whistleblowers, and even getting paid too much.
US CHIPMAKER ONSEMI WILL INVEST $2 BILLION IN A CHIP PRODUCTION FACILITY IN THE CZECH REPUBLIC
The U.S. chipmaker onsemi is planning a multiyear investment of up $2 billion in its production facility in the Czech Republic, the company and the Czech government said this week.
AI EXPERIMENTATION IS HIGH RISK, HIGH REWARD FOR LOW-PROFILE POLITICAL CAMPAIGNS
Adrian Perkins was running for reelection as the mayor of Shreveport, Louisiana, when he was surprised by a harsh campaign hit piece.
APPLE KILLS OFF ITS BUY NOW, PAY LATER SERVICE BARELY A YEAR AFTER LAUNCH
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna.
SNAPCHAT INC. TO PAY $15 MILLION TO SETTLE DISCRIMINATION AND HARASSMENT LAWSUIT IN CALIFORNIA
Snapchat Inc. will pay $15 million to settle a lawsuit brought by California’s civil rights agency that claimed the company discriminated against female employees, failed to prevent workplace sexual harassment and retaliated against women who complained.
CHINA PROTESTS OVER EU MOVE TO HIKE TARIFFS ON CHINESE ELECTRIC VEHICLES
China’s Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%.
FISKER FILES FOR BANKRUPTCY PROTECTION, THE ELECTRIC SECOND VEHICLE MAKER TO DO SO IN THE PAST YEAR
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.
FEDERAL TRADE COMMISSION REFERS COMPLAINT ABOUT TIKTOK'S ADHERENCE TO CHILD PRIVACY LAW TO THE DOJ
The Federal Trade Commission has referred a complaint against TikTok and its parent company, ByteDance, to the Department of Justice.
CALIFORNIA FINES AMAZON NEARLY $6M, ALLEGING ILLEGAL WORK QUOTAS AT 2 WAREHOUSES
California has fined Amazon a total of $5.9 million, alleging the e-commerce giant worked warehouse employees so hard that it put their safety at risk, officials said this week.
NVIDIA'S STOCK MARKET VALUE TOPPED $3.3 TRILLION. HOW IT BECAME NO. 1 IN THE S&P 500, BY THE NUMBERS
Nvidia’s startling ascent in the stock market reached another milestone this week as the chipmaker rose to become the most valuable company in the S&P 500.
KEEPING CHILDREN SAFE ON SOCIAL MEDIA: WHAT PARENTS SHOULD KNOW TO PROTECT THEIR KIDS
At what age should kids be on social media? Should they be on it at all? If they aren’t, will they be social pariahs? Should parents monitor their conversations? Do parental controls work? Navigating social media as a parent — not to mention a child — is not easy.
JUDGE OVERSEEING NFL 'SUNDAY TICKET' TRIAL VOICES FRUSTRATIONS OVER THE CASE
The federal judge presiding over the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL voiced frustrations Tuesday with the way the plaintiffs’ attorneys have handled their side of the case.
AI STARTUP PERPLEXITY WANTS TO UPEND SEARCH BUSINESS.NEWS OUTLET FORBES SAYS IT'S RIPPING THEM OFF
The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information.
OPENAI APPOINTS FORMER TOP US CYBERWARRIOR PAUL NAKASONE TO ITS BOARD OF DIRECTORS
OpenAI has appointed a former top U.S. cyberwarrior and intelligence official to its board of directors, saying he will help protect the ChatGPT maker from “increasingly sophisticated bad actors.”
NEW HOMEPOD COMING SOON? WHAT APPLE INTELLIGENCE MEANS FOR THE SMART SPEAKER'S FUTURE
The highlight of this year’s WWDC was undoubtedly Apple Intelligence.