Tech - Page 105

The High Cost of Going Green: Hertz Blames Profit Miss on Dismal Tesla Resale Value, Sky High Repair Costs

Rental car giant Hertz hit a huge speed bump with its profitability, and its blaming the ill-advised choice to go green with Elon Musk’s electric cars. The company is blaming its recent quarterly profits miss on Tesla’s price cuts and unexpectedly high EV repair costs, which both caused big problems due to Hertz’s decision to build a large fleet of Tesla vehicles.

Elon Musk

Google Antitrust Trial: CEO Sundar Pichai to Testify on Dodging Discovery with Private Messaging

Google CEO Sundar Pichai is set to testify Monday in Washington, DC, where he will reportedly be questioned about encouraging his employees to keep their messages private. The company has a long-documented history of frustrating legal discovery by using private messaging tools that don’t keep logs of conversations. A lawyer for the DOJ explained in court, “So what did Google do? They destroyed documents for years because they knew their conduct violated the antitrust laws. They turned history off, Your Honor, so that they could rewrite it here in this courtroom.”

Sundar Pichai, CEO of Google and Alphabet, attends a press event to announce Google as the

George Washington U. President Responds to Pro-Terror Messages Projected on Campus Building

George Washington University President Ellen Granberg responded to the students that projected pro-terror, anti-Israel messages onto a library on the school’s campus in the wake of the Palestinian terror group Hamas murdering more than 1,300 Jews in Israel, saying the messages were “antisemitic” and were in violation of university policy. Her weak comment on disciplining the students is that the school “will take appropriate steps in accordance with university policies.”

GWU library with pro-terror messages

Mark Zuckerberg’s Meta Sued by 42 States for Harming Young People with Addictive Facebook, Instagram Features

Mark Zuckerberg’s Meta, formerly Facebook, is being sued by 42 U.S. states in multiple lawsuits accusing the tech giant of harming young people’s mental health with addictive Facebook and Instagram features. The states, however, have not filed a similar complaint against the Chinese-owned app TikTok, which has shown itself to be a danger to young people.

Mark Zuckerberg frowning