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IRS DELAYS REPORTING RULES FOR USERS OF VENMO, CASH APP AND OTHER PAYMENT APPS
Users of Venmo, Cash App and other payment apps will get a tax reprieve this year. The IRS announced Tuesday it will delay implementing new reporting requirements that were to take effect for the coming tax filing season.
CORPORATE, GLOBAL LEADERS PEER INTO A FUTURE EXPECTED TO BE RESHAPED BY AI, FOR BETTER OR WORSE
Last week, President Joe Biden and other global leaders have spent days melding minds with Silicon Valley titans in San Francisco, their discussions frequently focusing on artificial intelligence, a technology expected to reshape the world, for better or worse.
LARGEST CRYPTO EXCHANGE BINANCE FINED $4 BILLION CEO PLEADS GUILTY TO NOT STOPPING MONEY LAUNDERING
The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering on the platform.
CEO OF FORTNITE GAME MAKER CASTS GOOGLE AS A 'CROOKED' BULLY IN TESTIMONY DURING ANDROID APP TRIAL
Epic Games CEO Tim Sweeney on Monday portrayed Google as a ruthless bully that resorts to shady tactics to protect a predatory payment system.
MUSK'S X SUES LIBERAL ADVOCACY GROUP MEDIA MATTERS OVER ITS REPORT ON ADS NEXT TO HATE GROUPS' POSTS
Elon Musk’s social media company X filed a lawsuit against liberal advocacy group Media Matters for America this week, saying it manufactured a report to show advertisers’ posts alongside neo-Nazi and white nationalist posts in order to “drive advertisers from the platform and destroy X Corp.”
NOT JUST KID PLAY: ΤΟΥ COMPANIES AIM MORE PRODUCTS AT OLDER ADULTS
Toymakers are tweaking original classic games or coming out with new ones that embrace an audience that's been around for a while: people over 65 years old.
AMAZON LAYS OFF HUNDREDS IN ITS ALEXA DIVISION AS IT PLOWS RESOURCES INTO AI
Amazon is cutting hundreds of jobs in the unit that handles its popular voice assistant Alexa as it plows more resources into artificial intelligence.
Counterfeits - THE SHOCKING PROBLEM OF THE ROGUE INDUSTRY OF FAKE DEVICES
Apple has long been a symbol of innovation and excellence, but its success has created a widespread issue: the proliferation of counterfeit Apple devices.
BROADCOM PLANNING TO COMPLETE DEAL FOR $69 BILLION ACQUISITION OF VMWARE AFTER REGULATORS GIVE OK
Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday.
SAM ALTMAN IS BACK AS OPENAI CEO JUST DAYS AFTER BEING REMOVED ALONG WITH A NEW BOARD
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry and brought attention to the conflicts around how to safely build artificial intelligence.
'A Noisy Rock 'n' Roll': How Growing Interest in Formula One is Felt Across the Music World
Beyond the engineering, the athleticism, the speed, the luxury-fans love the sound of Formula One.
UN CHIEF CALLS FOR AN "AMBITION SUPERNOVA" AS NATIONS MAKE MINOR PROGRESS ON CLIMATE ACTION
Countries' climate action plans are still far behind what's needed to curb human-caused warming and limit the devastating effects of extreme heat, storms and droughts, but some nations have taken marginal steps toward slashing emissions, a United Nations analysis of national plans found this week.
MANY PARENTS DON'T KNOW WHEN KIDS ARE BEHIND IN SCHOOL. ARE REPORT CARDS TELLING ENOUGH?
Nearly nine out of 10 parents believe their child is performing at grade level despite standardized tests showing far fewer students are on track, according to a poll released this week by Gallup and the nonprofit Learning Heroes.
HOW TO TALK TO OLDER PEOPLE IN YOUR LIFE ABOUT SCAMS
This summer, Daniel Goldstein's 86-year-old mom got an email that looked like it was from her bank. She was alarmed because she hadn't spent the money it mentioned, so she called a help number on the email. The person on the other end of the line asked for her bank account information and made her believe she would get her money back. Instead, she lost $600 to a scammer.
GOOGLE CEO SUNDAR PICHAI RETURNS TO COURT TO DEFEND INTERNET COMPANY FOR SECOND TIME IN TWO WEEKS
Google CEO Sundar Pichai on Tuesday was summoned to federal court for the second time in two weeks to testify in an antitrust trial threatening to topple a pillar of an internet empire that he helped build.
AFTER FIRE KILLS 3, NYC OFFICIALS SAY RETAILERS, DELIVERY APPS MUST DO MORE TO ENSURE E-BIKE SAFETY
New York City officials say retailers and food delivery companies must do more to halt the proliferation of unsafe e-bike and e-scooter batteries, after a fire blamed on an electric scooter's lithium ion battery killed three people over the weekend.
BUFFETT'S FIRM SELLS OFF SEVERAL SMALLER INVESTMENTS, INCLUDING GM AND UPS
Warren Buffett's company unloaded a number of the smaller investments from its portfolio in the third quarter including General Motors, Mondelez and Johnson & Johnson.
YOUTUBE CREATORS WILL SOON HAVE TO DISCLOSE USE OF GEN AI IN VIDEOS OR RISK SUSPENSION
YouTube is rolling out new rules for Al content, including a requirement that creators reveal whether they've used generative artificial intelligence to make realistic looking videos.
ENERGY DEPARTMENT TRIES TO BOOST US BATTERY INDUSTRY WITH ANOTHER $3.5 BILLION IN FUNDING
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
JEZEBEL, AN INCISIVE FEMINIST VOICE SINCE THE HEIGHT OF THE BLOGOSPHERE ERA, IS SHUTTING DOWN
Jezebel, the sharp-edged feminist website that found an impassioned and devoted following at the height of the blogosphere era but ended up struggling with its business model, is shutting down after 16 years, its parent company announced.
APPLE TO PAY $25 MILLION TO SETTLE ALLEGATIONS OF DISCRIMINATORY HIRING PRACTICES IN 2018, 2019
Apple has agreed to pay $25 million to settle allegations that it engaged in a pattern of discriminatory hiring practices when filling some of its jobs during 2018 and 2019.
ESPN BET, A REBRANDED SPORTS GAMBLING APP FROM PENN ENTERTAINMENT, IS HERE
ESPN Bet, a sports-gambling service rebranded with the name of the Disney-owned sports channel, launched Tuesday in 17 U.S. states.
Next Vision
PROJECT ALASKA TO BRING SPATIAL COMPUTING TO THE OPEN WORLD
HOLLYWOOD ACTORS UNION BOARD APPROVES STRIKE-ENDING DEAL AS LEADERS TOUT MONEY GAINS AND AI RIGHTS
Board members from Hollywood's actors union voted to approve the deal with studios that ended their strike after nearly four months, with the union's leadership touting the gains made in weeks of methodical negotiations.
THE HUNGER GAMES RETURN IN 'THE BALLAD OF SONGBIRDS AND SNAKES,' WITH THE ODDS IN ITS FAVOR
Two hours and 37 minutes is pretty long for a \"ballad,\" but you can't call it \"The Hunger Games: The Three-Cycle Opera of Songbirds and Snakes\" now, can you?
TIKTOK AND META CHALLENGE EUROPE'S NEW RULES THAT CRACK DOWN ON DIGITAL GIANTS
TikTok and Facebook owner Meta are filing legal challenges against new European Union rules designed to counter the dominance of digital giants and make online competition fairer by giving consumers more choice.
FTC WARNS FOOD INDUSTRY TRADE GROUPS AND INFLUENCERS ABOUT DISCLOSURES ON PAID SOCIAL MEDIA POSTS
The Federal Trade Commission on Wednesday said it issued warnings to two food and beverage industry groups, as well as a dozen online influencers, for failing to adequately disclose paid social media posts that promoted a sweetener and sugary products.
AFTER MANY CLOSE CALLS BETWEEN PLANES, EXPERTS SAY THE FAA NEEDS BETTER STAFFING AND TECHNOLOGY
Aviation experts who examined the Federal Aviation Administration's safety record say the agency needs better staffing, equipment and technology to cope with a surge in the most serious close calls between planes.
FCC ADOPTS RULES TO ELIMINATE 'DIGITAL DISCRIMINATION' FOR COMMUNITIES WITH POOR INTERNET ACCESS
The Federal Communications Commission has enacted new rules intended to eliminate discrimination in access to internet services, a move which regulators are calling the first major U.S. digital civil rights policy.
Apple Hits Setback in Dispute With European Union Over Tax Case
Apple might end up on the hook after all for billions of euros in back taxes to Ireland in the latest twist in a long-running European Union dispute, following a legal opinion Thursday from to an adviser to the bloc's top court.