Meta to face Massachusetts lawsuit claiming its features purposefully addict children
FOX Business' Madison Alworth breaks down “Morning with Maria.” Despite Meta's attempts to dismiss the lawsuit, Massachusettswhich claims some of its features are intentionally designed to make children addicted to its platform, will proceed with the lawsuit, a judge ruled in a ruling released Friday. Meta who owns Facebook and instagramhad argued that the lawsuit […]
Meta fires staff who abused $25 meal vouchers: report
Mark Mahaney, Head of Internet Research at Evercore ISI, reveals key Big Tech stocks during an appearance on “Varney & Co.” tech giant meta The company has reportedly fired about 20 Los Angeles-based employees for misusing the company's $25 meal vouchers to purchase non-food household items. of The Financial Times reported Meta fired workers last […]
FTC finalizes ‘click to cancel’ rule making it easier to cancel subscriptions
Former FTC chief engineer Neil Chilson discusses Google facing its third antitrust lawsuit from the Department of Justice and why regulators are going after Big Tech. The Federal Trade Commission (FTC) announced Wednesday that it has finalized the following: “Click to cancel” rule To do so, companies will need to make it easy for consumers […]
Amazon signs nuclear power deals, following Google, Microsoft
Dharmesh Mehta, vice president of Amazon Worldwide Selling Partner Services, explains how Amazon is leveraging generative AI to empower sellers on its platform. Amazon announced Wednesday that it has signed three agreements to develop nuclear power projects, the e-commerce giant's latest nuclear pact announced in recent weeks as demand for energy to power artificial intelligence […]
Apple reveals new iPad Mini model with AI capabilities
Louis Nevallier, founder and CIO of Navellier & Associates, talks about Apple's new products and the rise in US consumer borrowing. Apple's latest version of the iPad Mini will be released on October 23rd with technology to perform artificial intelligence (AI) functions. The tech giant touted the new tablet on Tuesday, announcing the device as […]
Elon Musk’s SpaceX successfully catches returning booster with mechanical arms
SpaceX on Sunday successfully tested a device dubbed a “chopstick” or “mechazilla arm” by fans to capture reusable boosters. (Reuters) SpaceX made engineering history Sunday during a test flight of its giant Starship rocket, catching the return booster with a mechanical arm called a “chopstick” as it descends onto the launch pad. The nearly 400-foot […]
Tesla shares fall after Robotaxi event
Jeff Sica, founder of Circle Squared Alternative Investments, analyzes Tesla and explains how rising interest rates will affect the economy in Varney & Company. Tesla shares fell on Friday following the company's robotaxi event, which left investors less than impressed. CEO Elon Musk unveiled two versions of Tesla's Robotaxi, the CyberCab sedan and the futuristic-looking […]
DOJ proposes potential ways to address Google’s monopoly over internet search
Former FTC chief engineer Neil Chilson discusses Google facing its third antitrust lawsuit from the Department of Justice and why regulators are going after Big Tech. The Department of Justice (DOJ) said Tuesday it may ask questions. alphabet google Sell off parts of the business that have allegedly been used to maintain an illegal monopoly […]
NOAA’s ‘Hurricane Hunters’ utilize Lockheed, Gulfstream planes to get storm data
NOAA Hurricane Hunters have been leveraging aircraft and in-aircraft technology to obtain data about Hurricane Milton. Credit: OMAO/NOAA/TMX NOAA Hurricane Hunters are actively flying missions toward Hurricane Milton, a severe storm swirling toward Florida's west-central coast. The National Hurricane Center, which uses data from NOAA and Air Force Reserve Hurricane Hunter flights, announced in a […]
Oracle’s Larry Ellison is getting richer, rivaling Musk, Bezos, Zuckerberg
Oracle co-founder and chief technology officer (CTO) Larry Ellison's net worth is increasing, making him one of the highest among billionaires such as Elon Musk, Jeff Bezos, and Mark Zuckerberg. in a high position. (Credit: Getty Images) Oracle co-founder and chief technology officer (CTO) Larry Ellison's net worth is increasing, making him one of the […]