Instacart reveals revenue surge in IPO filing
Grocery delivery app Instacart on Friday revealed a 31% jump in revenue for the first half of the year as it made public its filing for a stock market flotation in New...
Europe Union is cracking down on Big Tech
Starting Friday, Europeans will see their online lives change. People in the 27-nation European Union can alter some of what shows up when they search, scroll, and share on the biggest social...
Scientists found 1,140 AI bots on X creating fake profiles
Scientists revealed in a study last month that X, formerly known as Twitter, has a real bot problem, with about 1,140 artificial intelligence-powered accounts that “post machine-generated content and steal...
Roblox ‘illegally facilitated child gambling’: lawsuit
Roblox, the online video game maker of popular hits such as “Murder Mystery 2,” “Adopt Me,” and “Slap Battles” is being sued by the parents of two minors who allege...
Why Sam Bankman-Fried likely won’t get Adderall while locked up in Brooklyn jail
Jailed FTX founder Sam Bankman-Fried will likely have to survive without access to Adderall while behind bars at the infamous Metropolitan Detention Center in Brooklyn, according to federal prison guidelines....
Elon Musk’s SpaceX sued by DOJ over asylees, refugees hiring
The Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum seekers and refugees in hiring. “The lawsuit alleges that, from at least September 2018...
T-Mobile US to slash 5,000 jobs as cheaper plans weigh on costs
T-Mobile US said Thursday it would reduce its workforce by about 7% by cutting 5,000 jobs in the US as the wireless carrier grapples with rising costs related to adding more subscribers...
AI chip giant Nvidia’s profit surge makes CEO $4.2B richer overnight
Nvidia’s chief executive Jensen Huang became $4.2 billion richer overnight after his software company crushed Wall Street’s second-quarter earnings expectations by billions, sending its stock surging by as much as...
Nvidia rides AI, ChatGPT boom as Q2 sales skyrocket: ‘Drop the mic moment’
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fueled demand for its chips and said it would buy back $25 billion in stock, sending...
