Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
Michael Lee, founder of Michael Lee Strategy, discusses the decline in Microsoft and Meta stocks and explains why you should invest in these two companies. The Supreme Court on Friday rejected an appeal by Facebook owner Meta Platforms in a securities fraud case accusing the tech giant of misleading investors in a data collection scandal […]
Amazon invests $4B in OpenAI’s biggest rival
Horizon Investments CIO Scott Ladner analyzes biotech stocks and drug development in The Claman Countdown. Anthropic announced Friday that it has received a $4 billion investment from Amazon to accelerate its artificial intelligence (AI) systems development efforts. The new funding brings Amazon's total investment in Anthropic to $8 billion and maintains the tech giant's status […]
Google must sell Chrome in move to end monopoly on internet searches: DOJ
Mark Mahaney, senior managing director at Evercore ISI, discusses whether the Justice Department's lawsuit against Google will impact Varney & Co.'s stock price. The Justice Department argued Wednesday that Google must sell its Chrome Internet browser after a federal court ruled earlier this year that the company maintains an illegal monopoly on Internet search. According […]
California taxpayers paying nearly $20M for wireless electric charging project at UCLA
See what's being clicked on FoxBusiness.com. Wireless charging for electric vehicles (EVs) is coming to the streets of Southern California universities, and comes at a hefty price, with much of the cost being borne by taxpayers. The University of California, Los Angeles (UCLA) is partnering with CALSTART and Electreon Wireless, Inc. to develop charging infrastructure […]
Kim Kardashian experiences Tesla’s robot, cybercab first-hand
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Kim Kardashian was recently able to experience some of Tesla's upcoming technology firsthand. The businesswoman and reality TV star posted a video of herself talking to one of Tesla's humanoid robots, Optimus, on […]
DOJ will ask judge to force Google to sell Chrome browser: reports
Mark Mahaney, senior managing director at Evercore ISI, discusses whether the Justice Department's lawsuit against Google will impact Varney & Co.'s stock price. The Department of Justice (DOJ) is reportedly suing Alphabet Inc.'s Google to sell its Chrome internet browser, which the Justice Department says has been used to maintain an illegal monopoly on online […]
Gaming platform Roblox tightens messaging rules for users under 13
Gamer World News Entertainment host Tian Wang explains how China's decision to limit children's video game play to three hours a week will impact the gaming market. Roblox is introducing new safety measures to prevent users under 13 from directly messaging others without parental consent. The platform allows parents to remotely manage their child's accounts, […]
Tesla recalls 2,400 Cybertrucks for concerns related to drive inverter
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla is recalling 2,431 Cybertrucks due to a possible problem with the drive inverter. The National Highway Traffic Safety Administration (NHTSA) said the driving inverters in the recalled Cybertrucks may contain a “defect” […]
Former Bankman-Fried executive seeks leniency for building fraud detection tool
Trump Cabinet, John Thune, Inflation A former FTX executive charged with writing computer code to help his imprisoned ex-boss Sam Bankman Fried steal billions of dollars from crypto customers has been arrested by the U.S. government for the stock market. contributed to the elucidation of fraudulent activities. A Wednesday court filing seeking leniency in the […]
AI developers discover ‘Donald Trump neuron’, expert says
Scott Ladner, CIO of Horizon Investments, analyzes biotech stocks and drug development in “The Claman Countdown.” Expert Chris Oler said artificial intelligence (AI) is so highly aware of President-elect Donald Trump's image and name that the phenomenon has been dubbed the “Donald Trump neuron.” Oler, who is one of the co-founders of an AI lab […]