Month: April 2024

Apr 05 2024

Technology

Terraform founder Do Kwon found liable in SEC’s crypto fraud trial

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A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the Securities and Exchange Commission that they misled investors before their...

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Apr 05 2024

Technology

Ex-Yahoo CEO Marissa Mayer’s new app has just 1,000 downloads: report

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A new photo sharing app from former Silicon Valley darling Marissa Mayer has been slow to take off — and panned for its bare-bones design — since it was unveiled...

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Apr 05 2024

Technology

Meta adding ‘Made with AI’ labels ahead of election

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Facebook owner Meta announced major changes to its policies on digitally created and altered media on Friday, ahead of elections poised to test its ability to police deceptive content generated by new...

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Apr 05 2024

Technology

Chuck Schumer signals Senate will take up bill on TikTok ban

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Senate Democratic Leader Chuck Schumer on Friday outlined a busy agenda for lawmakers returning to Washington, saying they can make progress “on a path forward on TikTok legislation.” The Senate is returning...

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Apr 05 2024

Technology

Tesla California workers allege they were cheated out of pay, seek $5M: lawsuit

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Tesla is facing a new proposed class action lawsuit accusing the electric carmaker of a slew of wage law violations against factory and warehouse workers in California, as the company is...

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Apr 05 2024

Technology

Tesla scraps Elon Musk’s goal of low-cost car amid fierce Chinese EV competition

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Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company...

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Apr 05 2024

Technology

Samsung plans $44B in Texas spending for vital computer chip

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Samsung will reportedly double its investment in Texas to a whopping $44 billion to create advanced computer chips needed for smartphones, artificial intelligence and national defense — as the company...

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Apr 05 2024

Technology

Meta’s AI generator won’t create image of Asian dating white person

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Meta’s artificial intelligence-powered text-to-image generator refuses to render photos of an Asian person dating a white man or woman — even though the company’s billionaire founder Mark Zuckerberg is married...

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Apr 05 2024

Technology

Apple lays off 614 workers after ditching self-driving car project

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Apple is reportedly laying off 614 workers after cancelling its decade-long effort to build a self-driving electric car in its first round of job cuts since the pandemic. The Cupertino,...

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