Ilya Sutskever’s tech startup Safe Superintelligence raises $1B
Sarah Ponczek and Luke Lloyd discuss the technology and AI landscape, the impact on air freight and ocean shipping rates with Shein and Temu, and the Fed's interest rate response. A new tech startup co-founded by OpenAI's former chief scientist Ilya Sutskever announced last week that it had raised $1 billion in cash to fund […]
Google faces another DOJ antitrust lawsuit over alleged ad-tech monopoly
Dan Niles of Niles Investment Management discusses the technology outlook on “The Claman Countdown.” Google is set to face its second antitrust trial before the Justice Department since September 2023 on Monday, this time over its alleged monopoly power in the ad tech industry. The Department of Justice is suing Google, alleging that the company's […]
SpaceX founder Elon Musk predicts life on Mars in near future
Fox News contributor Charles Hart talks about why Democrats “love” debt and Musk's “interesting” interview with Trump on X. SpaceX founder Elon Musk made some bold predictions about human life on Mars in a series of social media posts on Saturday. Musk wrote the prediction on X in response to a post by Bill Ackman […]
1.5 million Ram pickup trucks recalled by manufacturer
FOX Business' Jeff Flock reports on the latest news from the auto industry, where data reveals that insurance rates are skyrocketing year-over-year. Automaker Stellantis is recalling about 1.5 million Ram pickup trucks due to a software issue that could disable the vehicle's electronic stability control (ESC). In a statement seen by Reuters on Saturday, Stellantis […]
Man charged for using bots to stream AI-generated songs for $10M in royalties
See what's clicking on FoxBusiness.com. Federal authorities have charged a North Carolina man with fraudulently earning streaming royalties through a scheme involving bots and AI-generated music. The man, identified by the U.S. Attorney's Office for the Southern District of New York as Michael Smith, is charged with wire fraud conspiracy, wire fraud and money laundering […]
Hewlett Packard to pursue $4B claim against estate of Mike Lynch
See what's clicking on FoxBusiness.com. Hewlett Packard Enterprise will continue its legal efforts to recover up to $4 billion in damages from the heirs of Mike Lynch, the late British technology entrepreneur who died when his yacht sank off the coast of Italy last month. The damages HPE seeks to recover stem from a civil […]
Teachers during Georgia school shooting identified police with panic button technology
Citizenship, the immigration crisis, and EVs A gunman opened fire at Apalachee High School. Barrow County, GeorgiaThe explosion occurred on Wednesday morning, killing four people, including two students and two teachers. Authorities first learned of the incident when Apalachee High School faculty and staff deployed Centegix CrisisAlert ID technology, which features an unobtrusive panic button […]
Online graphic design platform Canva hit with backlash over ‘insane’ price hikes
See what's clicking on FoxBusiness.com. Canva is facing backlash from customers over plans to raise subscription prices by more than 300% in some cases. The graphic design platform, which positions itself as a more affordable alternative to Adobe, notified users of its Canva Teams package of a price increase last week, sparking an outrage online. […]
Judge allows lawsuit by Elon Musk’s X against left-wing Media Matters to proceed
See what's clicking on FoxBusiness.com. A federal court in Texas on Thursday Elon Musk's X They called on the liberal group Media Matters to reject the group's request for dismissal and allow the trial to proceed. X on Mask Lawsuit filed Media Matters faced backlash after it published a report in November alleging that pro-Nazi […]
Big Tech companies with the fastest (and slowest) hiring processes
Nancy Priall, senior portfolio manager at Essex Investment Management, appeared on “The Craman Countdown” to reveal her top picks. Getting a job at a big tech company can be a lengthy process, with many facing stiff competition and rigorous screening. For those up for the challenge, new data shows how long it can take for […]