Latest Updates Around The World
This week has been a roller coaster ride in the technology and AI industry. From record revenues to major deals and legal victories, the week was packed with remarkable events. Here’s a quick summary of the top stories that made headlines. NVIDIA’s fourth-quarter earnings: a record quarter NVIDIA company announced fourth-quarter financial results last Wednesday, […]
Tesla Inc. (NASDAQ: TSLA) sues California Department of Motor Vehicles (DMV) after the automaker dropped the term “Autopilot” from its marketing efforts amid the false advertising row. Tesla is unfoundedly labeled as a false advertiser, the court said Lawyers representing Elon Musk’s EV giant argue the agency has not proven there was confusion among customers […]
The USA Ministry of Justice (DOJ) has filed a lawsuit against Harvard University Friday, accusing the Ivy League institution of unlawfully withholding crucial admissions data. According to the DOJ, this information is needed to determine whether the university continues to engage in discriminatory practices in its admissions process following the Supreme Court’s 2023 ruling in […]
On Friday, an Ohio man was arrested after allegedly making explicit threats to kill the vice president J.D. Vance during a planned visit to the state. DOJ Details Alleged Threat Against Vice President A federal grand jury has returned an indictment Shannon Mather33, of Toledo, Ohio, and accused him of threatening to kill Vance, the […]
Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM are reportedly in talks to provide a financial lifeline to save the bankrupt auto parts supplier First brand group. The potential deal involves the automakers making upfront payments for the products they will receive. This would provide First Brands with much-needed cash to continue operations. The […]
The European Commission has reportedly announced a formal investigation Elon Musk’s X, a subsidiary of X Corp, about the image editing feature of its AI chatbot, which has been used to create non-consensual explicit content. EU investigates AI by X for misuse of images The European Commission is about to launch an investigation into the […]
President Donald Trump signed an executive order Friday blocking a semiconductor deal between the two countries HieFo Corp. And Emcore Corp.citing national security concerns related to China. Trump said there is “credible evidence” that “HieFo Corporation, a corporation organized under the laws of Delaware (HieFo) and controlled by a citizen of the People’s Republic of […]
President Donald Trump attacked Brown University on Wednesday, claiming the campus did not have enough security cameras after the FBI was criticized for arresting someone in the fatal shooting case and then releasing the person due to insufficient evidence. Trump doubts about lack of cameras About Truth Social, Trump wrote“Why did Brown University have so […]
Reddit (NASDAQ:RDDT) has taken legal action against Australia’s social media ban on under-16s, arguing it goes against free political discourse. High-stakes conflict over app ban On Friday, Reddit challenged Australia’s ban on social media for young teens in the country’s highest court under the new Social Media Minimum Age (SMMA) law. The ban, which was […]
Billionaire entrepreneur Mark Cubanon Thursday questioned the lack of action by the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) against health insurers. Risks of zero-premium registrations Cuban turned to He also suggested that the total $35 billion in premium tax credits could and should be returned to taxpayers. Cuban wondered […]
