Bankrupt cryptocurrency exchange FTX has scuttled plans to relaunch, but has also declared its intention to fully repay its customers and creditors, marking a significant shift in its insolvency resolution approach.
Elon Musk, CEO of Tesla, has revealed plans for a shareholder vote to relocate the electric carmaker’s state of incorporation from Delaware to Texas following a Delaware judge shooting down his gigantic pay package.
Mark Zuckerberg experienced a staggering increase in his wealth in 2023. The Facebook founder amassed an additional $84 billion to his name, elevating his net worth to $139.1 billion and positioning him as the fifth-richest person globally. Zuck’s wealth ballooned even as lawsuits revealed the horrific depths of child sexual abuse and grooming occurring on Facebook and Instagram.
Speaking at a recent Senate Judiciary Committee hearing, Meta CEO Mark Zuckerberg apologized to families negatively affected by his companies products after a grilling by Sen. Josh Hawley (R-MO).
In a major legal setback for Tesla CEO Elon Musk, a Delaware judge has voided his massive $56 billion compensation package granted by the electric vehicle maker in 2018. Ironically, the judge described the negotiations over his pay package as a “self-driving process,” even as Musk struggles to fulfill his promise of self-driving cars.
Meta CEO Mark Zuckerberg is set to testify before the US Senate Judiciary Committee on Wednesday to defend Facebook and Instagram’s impact on young users amid ongoing scrutiny of the tech giant’s social media platforms. Executives of Snapchat, TikTok, X/Twitter, and Discord will also testify.
Spotify CEO Daniel Ek says Apple’s recently proposed changes to its App Store policies represent a “new low” for the tech giant. The Spotify boss, a constant critic of Apple’s stranglehold on the marketplace for apps and the “tax” it places on in-app purchases, calls Apple’s proposed changes “extortion, plain and simple.”
Elon Musk’s social media platform X, formerly known as Twitter, is taking steps to strengthen its notorious “trust and safety” team, which was responsible for widespread censorship of conservatives under prior management, following the circulation of explicit AI-generated images of pop star Taylor Swift on the platform.
Tech billionaire Elon Musk announced yesterday that his creepy company Neuralink has successfully implanted its first brain chip into a human patient.
Elon Musk’s Tesla has taken a big hit in the stock market across the last several sessions after the company released weak earnings and poor prospects for 2024 growth. Musk forecasted “notably lower” growth in sales this year, a sign that Americans are quickly losing interest in the electric vehicle (EV) market that Tesla currently dominates.
Microsoft acquired gaming giant Activision Blizzard for almost $69 billion in October, and isn’t wasting any time in finding ways to cut costs. The company has announced the layoff of 1,900 workers from Activision Blizzard and its own Xbox division, accounting for eight percent of its employees in gaming.
Mark Zuckerberg’s Meta made a decisive shift away from the news distribution business on Facebook and Instagram in 2023, which CNBC reports has had a massive impact on the media industry.
eBay joins other tech giants in massive layoffs, announcing the dismissal of 1,000 employees, which constitutes nine percent of its full-time workforce.
Apple has announced a 2028 release date for its much-anticipated electric vehicle, codenamed Project Titan, which has been developing since 2015.
In a recent blog post, Linda Yaccarino, the woke CEO of Elon Musk’s X/Twitter, highlighted the company’s intensifying efforts in fighting hate speech and ensuring the safety of communities, calling it a “lifetime dedication.”
Top executives from major AI organizations including OpenAI, Google DeepMind, and Cohere gathered at the World Economic Forum in Davos, Switzerland, to discuss the imminent approach of Artificial General Intelligence (AGI) and its potential impacts. One CEO explained that AGI will be “better than humans at pretty much whatever humans can do.”
Elon Musk, the owner of the social media platform X (formerly Twitter), has publicly attributed the incorrect labeling of perfectly normal images as “graphic content” to a malfunction involving a “spam/scam bot.”
LoanDepot, a leading provider in the loan and mortgage industry, has reported a significant cybersecurity breach impacting approximately 16.6 million customers.
In a recent interview, KPMG CEO Paul Knopp forecasted significant long-term job disruptions as a consequence of the growing influence of AI in the workplace. The CEO revealed survey data showing 65 percent of executives believe AI will have a large impact on their organization in the next five years.
OpenAI has recently launched the GPT Store, a platform for developers to sell AI apps and tools, but has notably taken a stance against AI relationships — particularly AI girlfriends. Despite the company’s stated position, the app store is still filled with AI girlfriend apps and “relationship simulators.”
A recent study by Consumer Reports, in collaboration with The Markup, has unveiled the extensive scale of data tracking aimed at Facebook users. Some users in the study were tracked by as many as 7,000 companies.
Mustafa Suleyman, the co-founder of Google’s AI powerhouse DeepMind, has voiced concerns about the long-term impact of artificial intelligence on labor markets, highlighting its potential to replace human labor.
Lexi Love, an AI model designed to serve as a digital girlfriend for lonely men, is attracting thousands of subscribers and earning an impressive $30,000 a month. The AI girlfriend has reportedly received up to 20 marriage proposals a month.
Elon Musk, the CEO of Tesla and owner of X/Twitter, is set to attend a conference organized by the European Jewish Association at Auschwitz to discuss the issue of online antisemitism.
Google CEO Sundar Pichai has announced further job cuts as part of the company’s strategy to meet “ambitious goals” in the coming year. Another chunk of the company’s notoriously leftist employee population will soon be looking for new jobs.
In a major shakeup at Mark Zuckerberg’s Meta, Sheryl Sandberg, a key figure in Facebook’s growth, has announced her departure from the company’s board of directors. Sandberg previously stepped down from her COO position in 2022.
Tesla owners in Chicago recently faced a significant issue when their vehicles were left dead, completely unable to charge in the frigid subzero temperatures, highlighting the fact that cold weather is a major Achilles’ heel for electric vehicles (EVs).
Elon Musk, the CEO of Tesla and SpaceX, recently expressed his desire to increase his voting control in Tesla to approximately 25 percent in an effort to have greater control over the company. Musk threatened to “build products outside of Tesla” if his demands are not met.
Elon Musk’s Tesla has faced a steep $94 billion reduction in market valuation in the initial weeks of 2024, based on bad news in China, Hertz fleeing the EV market, and reports of Tesla charging stations turning into “car graveyards” due to cold weather disabling electric cars.
Salesforce co-founder and CEO Marc Benioff stated that he believes AI should be considered a “human right” at the ongoing World Economic Forum in Davos, Switzerland.
A new study claims that Google’s advanced AI chatbot has demonstrated superior diagnostic abilities and empathy compared to board-certified primary-care physicians in simulated medical scenarios.
Popular meal-kit company HelloFresh has been hit with a paltry £140,000 ($178,000) fine after an investigation by Britain’s data privacy watchdog revealed the company sent more than 80 million unsolicited emails and text messages.
Disney’s once legendary animation studio that has turned woke in recent years, Pixar, is set to experience significant layoffs in 2024 as part of a larger strategy by Disney to enhance streaming profitability.
A surge of stranded electric vehicles, predominantly Tesla cars, has overtaken the Oak Brook Supercharger station in Chicago, as a severe cold snap renders many EVs powerless and immobile.
Google’s recent round of layoffs, including the sudden cut of over 1,000 employees last week, marks a continuing trend of unease and restructuring within the tech giant.
OpenAI’s newly launched GPT store is reportedly already flooded with AI girlfriend bots, raising questions about the enforcement of usage policies and the societal implications of so many men turning to AI bots for companionship.
AI is set to significantly transform the job landscape in advanced economies like the United States, affecting an estimated 60 percent of jobs, according to Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF).
Discord, the popular messaging and video calling platform, has announced a significant reduction in its workforce, laying off 17 percent of its staff in a strategic move to streamline operations.
Microsoft has reportedly overtaken Apple to become the world’s most valuable public company with a market value of $2.87 trillion.
Former U.S. Vice President Al Gore is retiring from Apple’s board of directors after hitting the age cap.
