LA school district worker and tech company owner charged in $22M bribery scheme
Charges in Major LAUSD Money Laundering Case A former employee of the Los Angeles Unified School District (LAUSD) and the head of a tech company are now facing felony charges in what prosecutors describe as one of the largest money laundering operations in the district’s history. Hong “Grace” Peng, who previously worked as a technology […]
Cramer’s strategy: The oil crisis is causing this decline, and tech won’t recover until it resolves.
Jim Cramer from CNBC shared his outlook for the upcoming week, expressing concern that ongoing high oil prices resulting from the conflict in Iran could further drag down stock performance. “It’s yet another rough week. It’s been four weeks since the conflict began, and things aren’t looking good,” Cramer remarked during his show “Mad Money” […]
Ingersoll: Major Tech Announcements Are Hardly Noticed. I Wonder Why?
Hello, readers. Welcome to a new era. Picture Frank Herbert’s Dune before the Butlerian Jihad. Imagine if Orwell’s Big Brother was a product for sale, marketed to eager consumers, or Huxley’s Soma rolled out amid non-stop pharmaceutical commercials. What if William Gibson’s Neuromancer shaped the youth of a generation in a way similar to Ready […]
Tech Companies, Including Meta, Hit with Thousands of Lawsuits Following Key Social Media Addiction Case
Recent jury decisions against major social media firms have triggered a wave of lawsuits claiming these platforms are harming children’s mental health. In two pivotal cases, jurors found against social media giants, hinting at a possible shift in how courts regard the responsibilities of tech companies toward younger users. This could represent a significant moment […]
The Nasdaq Has Fallen 8% From Its Peak. Here Are the Tech Stocks I Would Prioritize Buying.
Investing in Tech Amid Economic Concerns With geopolitical tensions on the rise and recession fears looming, many investors seem to be pulling out of tech stocks, opting instead for what they perceive as safer investments. This shift is one of the reasons behind the struggles of the Nasdaq Composite, which has fallen roughly 8% since […]
Parents of social media victims to Big Tech after addiction trial verdict: ‘Our fight isn’t finished’
Families of social media victims gathered on Wednesday to celebrate a significant court ruling that concluded that the platforms operated by Meta and Google were intentionally designed to foster addiction. However, they emphasized that their fight is far from over. With visible emotion, the parents stood outside the courthouse, holding heartwarming photos of their children. […]
Missouri achieves a significant victory against federal pressure on Big Tech, impacting Biden’s COVID censorship efforts.
Missouri Reaches Settlement with U.S. Government Over Censorship A significant settlement has been reached, challenging the censorship landscape that affected many Americans during the pandemic. Senator Eric Schmidt (R-Missouri) announced on Tuesday that Missouri has come to an agreement with the federal government. The case, known as Missouri vs. Biden, claims that the Biden administration […]
One Tech Stock I’m Including in My Portfolio Amid Widespread Panic
Market volatility has been fueled by tensions with Iran and chatter about an artificial intelligence (AI) bubble. While many investors seemed to be in a state of panic, I decided to make a purchase: Advanced Micro Devices (NASDAQ: AMD). I see a solid opportunity here that appears undervalued. AMD tends to play a supportive role […]
Mother-daughter farmers turn down lucrative offers from Big Tech: ‘I’ll remain … and nourish a nation’
Mother and Daughter Say No to AI Companies in Kentucky In Kentucky, a mother and daughter are expressing a straightforward message to artificial intelligence companies: they want them to leave their farmland alone. Ida Huddleston and her daughter, Delucia Baer, believe their land has provided sustenance to the country for many generations, and they intend […]
Melania Trump Unites Global Leaders and Tech Firms to Support Children Using AI Technology
Melania Trump Initiates Global Coalition for Children’s Education and Technology First Lady Melania Trump has formed a coalition with world leaders and technology executives aimed at enhancing the education and empowerment of children through new technologies such as AI. The initiative, called Growing Our Future Together, unites 45 countries along with 28 tech companies to […]