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JUDGE PUTS $30 BILLION VISA MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION
Techlife News

JUDGE PUTS $30 BILLION VISA MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION

A federal judge said she’s not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they’ve overpaid on swipe fees.

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1 min  |
June 29, 2024
THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES
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THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES

The Supreme Court this week sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and election security.

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2 mins  |
June 29, 2024
PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'
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PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'

Sequels have been a touchy subject when it comes to Pixar, but it’s hard to deny the natural premise of “Inside Out 2.”

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4 mins  |
June 29, 2024
STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG
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STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG

California’s Public Utilities Commission rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

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2 mins  |
June 29, 2024
GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO
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GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO

General Motors this week named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license.

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2 mins  |
June 29, 2024
SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20
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SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20

Southwest Airlines, already under pressure from a hedge fund for disappointing financial results, said Wednesday that a key revenue ratio will be weaker than expected because of changes in how consumers book travel.

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1 min  |
June 29, 2024
WHERE TECH, POLITICS & GIVING MEET: CEO NICOLE TAYLOR CONSIDERS SILICON VALLEY'S BUSY INTERSECTION
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WHERE TECH, POLITICS & GIVING MEET: CEO NICOLE TAYLOR CONSIDERS SILICON VALLEY'S BUSY INTERSECTION

Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation.

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4 mins  |
June 29, 2024
UN LAUNCHES GLOBAL PRINCIPLES TO COMBAT ONLINE HATE AND DEMANDS BIG TECH TAKE ACTION NOW
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UN LAUNCHES GLOBAL PRINCIPLES TO COMBAT ONLINE HATE AND DEMANDS BIG TECH TAKE ACTION NOW

The United Nations chief this week launched global principles to combat online hate and lies and demanded that big tech companies use their power to reduce the harm they are doing to people and societies around the world.

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2 mins  |
June 29, 2024
FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT
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FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT

Facial recognition startup Clearview AI reached a settlement in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million.

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2 mins  |
June 29, 2024
HOW NVIDIA BECAME AN AI GIANT
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HOW NVIDIA BECAME AN AI GIANT

It all started at a Denny’s in San Jose in 1993.

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3 mins  |
June 29, 2024
APPLE BECOMES FIRST TARGET OF EU'S NEW DIGITAL COMPETITION RULES AIMED AT BIG TECH
Techlife News

APPLE BECOMES FIRST TARGET OF EU'S NEW DIGITAL COMPETITION RULES AIMED AT BIG TECH

European Union regulators this week leveled their first charges under the bloc’s new digital competition rulebook, accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store.

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3 mins  |
June 29, 2024
ROBINHOOD CEO DISCUSSES THE BROKERAGE'S EVOLUTION LEADING UP TO ANOTHER RIDE ON THE MEME STOCK WAVE
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ROBINHOOD CEO DISCUSSES THE BROKERAGE'S EVOLUTION LEADING UP TO ANOTHER RIDE ON THE MEME STOCK WAVE

Meme stocks like GameStop are hot again, reviving memories of early 2021 when they turned into a craze that ended up burning many investors along with Robinhood Markets.

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3 mins  |
June 29, 2024
macOS Sequoia PRODUCTIVITY & INTELLIGENCE COMBINED AT THE FORE
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macOS Sequoia PRODUCTIVITY & INTELLIGENCE COMBINED AT THE FORE

With macOS Sequoia, Apple is redefining the landscape of desktop computing, introducing many features designed to enhance user productivity and new levels of artificial intelligence integration.

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4 mins  |
June 29, 2024
RIVIAN SHARES SOAR ON MASSIVE CASH INJECTION FROM VOLKSWAGEN, STARTING IMMEDIATELY WITH $1 BILLION
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RIVIAN SHARES SOAR ON MASSIVE CASH INJECTION FROM VOLKSWAGEN, STARTING IMMEDIATELY WITH $1 BILLION

Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software development agreement.

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2 mins  |
June 29, 2024
CAR DEALERSHIPS ARE BEING DISRUPTED BY A MULTI-WEEK OUTAGE AFTER CYBERATTACKS ON SOFTWARE SUPPLIER
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CAR DEALERSHIPS ARE BEING DISRUPTED BY A MULTI-WEEK OUTAGE AFTER CYBERATTACKS ON SOFTWARE SUPPLIER

Car dealerships across North America have faced major disruptions.

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2 mins  |
June 29, 2024
PROSPECT OF LOW-PRICED CHINESE EVS REACHING US FROM MEXICO POSES THREAT TO AUTOMAKERS
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PROSPECT OF LOW-PRICED CHINESE EVS REACHING US FROM MEXICO POSES THREAT TO AUTOMAKERS

It’s a scenario that terrifies America’s auto industry.

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6 mins  |
June 29, 2024
FREE SPEECH AND DIGITAL RIGHTS GROUPS ARGUE TIKTOK LAW WOULD INFRINGE ON THE FIRST AMENDMENT
Techlife News

FREE SPEECH AND DIGITAL RIGHTS GROUPS ARGUE TIKTOK LAW WOULD INFRINGE ON THE FIRST AMENDMENT

A group of nonprofits argued in a legal filing that the federal law requiring TikTok’s parent company to sell the platform, or face a ban, is an unconstitutional measure that restricts speech and makes it impossible for users to associate on the app.

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2 mins  |
June 29, 2024
ONE TECH TIP: WHAT TO DO WHEN YOU HAVE TOO MANY PASSWORDS TO REMEMBER
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ONE TECH TIP: WHAT TO DO WHEN YOU HAVE TOO MANY PASSWORDS TO REMEMBER

Everyone has too many passwords.

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4 mins  |
June 29, 2024
AMAZON JOINS EXCLUSIVE CLUB, CROSSING $2 TRILLION IN STOCK MARKET VALUE FOR THE FIRST TIME
Techlife News

AMAZON JOINS EXCLUSIVE CLUB, CROSSING $2 TRILLION IN STOCK MARKET VALUE FOR THE FIRST TIME

Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold.

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1 min  |
June 29, 2024
CHINA PROTESTS OVER EU MOVE TO HIKE TARIFFS ON CHINESE ELECTRIC VEHICLES
Techlife News

CHINA PROTESTS OVER EU MOVE TO HIKE TARIFFS ON CHINESE ELECTRIC VEHICLES

China’s Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38%.

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1 min  |
Techlife News #660
SO LONG PLASTIC AIR PILLOWS: AMAZON SHIFTING TO RECYCLED PAPER FILLING FOR PACKAGES IN NORTH AMERICA
Techlife News

SO LONG PLASTIC AIR PILLOWS: AMAZON SHIFTING TO RECYCLED PAPER FILLING FOR PACKAGES IN NORTH AMERICA

Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it’s more environmentally sound, and it says paper just works better.

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2 mins  |
Techlife News #660
SNAPCHAT INC. TO PAY $15 MILLION TO SETTLE DISCRIMINATION AND HARASSMENT LAWSUIT IN CALIFORNIA
Techlife News

SNAPCHAT INC. TO PAY $15 MILLION TO SETTLE DISCRIMINATION AND HARASSMENT LAWSUIT IN CALIFORNIA

Snapchat Inc. will pay $15 million to settle a lawsuit brought by California’s civil rights agency that claimed the company discriminated against female employees, failed to prevent workplace sexual harassment and retaliated against women who complained.

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2 mins  |
Techlife News #660
OPENAI FOUNDER SUTSKEVER SETS UP NEW AI COMPANY DEVOTED TO "SAFE SUPERINTELLIGENCE"
Techlife News

OPENAI FOUNDER SUTSKEVER SETS UP NEW AI COMPANY DEVOTED TO "SAFE SUPERINTELLIGENCE"

Ilya Sutskever, one of the founders of OpenAI who was involved in a failed effort to push out CEO Sam Altman, said he’s starting a safety-focused artificial intelligence company.

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1 min  |
Techlife News #660
CALIFORNIA GOVERNOR WANTS TO RESTRICT SMARTPHONE USAGE IN SCHOOLS
Techlife News

CALIFORNIA GOVERNOR WANTS TO RESTRICT SMARTPHONE USAGE IN SCHOOLS

California Gov. Gavin Newsom announced this week that he wants to restrict students’ usage of smartphones during the school day, citing the mental health risks of social media.

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2 mins  |
Techlife News #660
KEEPING CHILDREN SAFE ON SOCIAL MEDIA: WHAT PARENTS SHOULD KNOW TO PROTECT THEIR KIDS
Techlife News

KEEPING CHILDREN SAFE ON SOCIAL MEDIA: WHAT PARENTS SHOULD KNOW TO PROTECT THEIR KIDS

At what age should kids be on social media? Should they be on it at all? If they aren’t, will they be social pariahs? Should parents monitor their conversations? Do parental controls work? Navigating social media as a parent — not to mention a child — is not easy.

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5 mins  |
Techlife News #660
JUDGE OVERSEEING NFL 'SUNDAY TICKET' TRIAL VOICES FRUSTRATIONS OVER THE CASE
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JUDGE OVERSEEING NFL 'SUNDAY TICKET' TRIAL VOICES FRUSTRATIONS OVER THE CASE

The federal judge presiding over the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL voiced frustrations Tuesday with the way the plaintiffs’ attorneys have handled their side of the case.

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2 mins  |
Techlife News #660
FEDERAL TRADE COMMISSION REFERS COMPLAINT ABOUT TIKTOK'S ADHERENCE TO CHILD PRIVACY LAW TO THE DOJ
Techlife News

FEDERAL TRADE COMMISSION REFERS COMPLAINT ABOUT TIKTOK'S ADHERENCE TO CHILD PRIVACY LAW TO THE DOJ

The Federal Trade Commission has referred a complaint against TikTok and its parent company, ByteDance, to the Department of Justice.

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1 min  |
Techlife News #660
FISKER FILES FOR BANKRUPTCY PROTECTION, THE ELECTRIC SECOND VEHICLE MAKER TO DO SO IN THE PAST YEAR
Techlife News

FISKER FILES FOR BANKRUPTCY PROTECTION, THE ELECTRIC SECOND VEHICLE MAKER TO DO SO IN THE PAST YEAR

Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.

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2 mins  |
Techlife News #660
CALIFORNIA FINES AMAZON NEARLY $6M, ALLEGING ILLEGAL WORK QUOTAS AT 2 WAREHOUSES
Techlife News

CALIFORNIA FINES AMAZON NEARLY $6M, ALLEGING ILLEGAL WORK QUOTAS AT 2 WAREHOUSES

California has fined Amazon a total of $5.9 million, alleging the e-commerce giant worked warehouse employees so hard that it put their safety at risk, officials said this week.

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1 min  |
Techlife News #660
AI STARTUP PERPLEXITY WANTS TO UPEND SEARCH BUSINESS.NEWS OUTLET FORBES SAYS IT'S RIPPING THEM OFF
Techlife News

AI STARTUP PERPLEXITY WANTS TO UPEND SEARCH BUSINESS.NEWS OUTLET FORBES SAYS IT'S RIPPING THEM OFF

The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information.

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5 mins  |
Techlife News #660

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