Meta Settles $459 Million Over Cambridge Analytica Data Scandal Claims
Meta agreed to pay $459 million to settle state-level claims tied to the Cambridge Analytica scandal, embedded within a larger $17 billion child protection…
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Meta Faces Landmark Trial Over Child Social Media Addiction Claims
Meta’s federal trial begins in California as multiple states seek up to $1.4 trillion in damages for alleged harms from addictive social media features…
Tech Giants Respond to Growing Public Backlash Against AI Content
Major technology companies including Meta, Google, Snapchat, LinkedIn, and Substack are rolling back or tightening AI features amid rising user concerns over consent and…
SpaceX Reports Strong Revenue Growth in First Public Earnings
SpaceX delivers $7.8 billion revenue and narrows losses in its first quarterly report since IPO, driven by Starlink subscriber surge and rising AI and…
Apple Sues OpenAI Over Alleged Theft of Hardware Secrets
Apple has filed a lawsuit accusing OpenAI of stealing confidential hardware information and unreleased iPhone designs, escalating tensions amid OpenAI’s expanding AI hardware ambitions
Apple Files Lawsuit Against OpenAI Over Alleged Trade Secret Theft
Apple has sued OpenAI and two former Apple employees, accusing them of stealing proprietary trade secrets to aid OpenAI's hardware development efforts
Microsoft to Cut 3,200 Jobs in Xbox Division Amid Business Struggles
Microsoft plans to eliminate 3,200 positions from its Xbox division after reporting severe profit margin declines and slowed growth in key gaming services
Google DeepMind Union Talks Falter Amid Leadership Absence
Google DeepMind’s union recognition discussions in London stalled after employees criticized senior management’s absence and alleged intimidation tactics during early negotiations
AI Chip Demand Drives Rising Prices for Consumer Electronics
Apple, Microsoft, and others raise gadget prices as soaring demand for AI data center chips triggers a global memory and storage chip shortage
Tech Giants Face Consumer Adoption Challenges Amid AI Investment Surge
Big tech companies are investing trillions in AI infrastructure, but consumer reluctance and uncertain returns raise questions about the sustainability of their massive spending