TECH
Hackers From China, Iran and Russia Use ChatGPT to Boost Cyberattacks, Microsoft and OpenAI Warn
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Jeff Bezos Sells $4 Billion in Amazon Stock Ahead of Florida Relocation
"Amazon founder Jeff Bezos is continuing his divestment from the e-commerce giant, recent regulatory filings indicating the sale of more than $4 billion in stock over the past week. This follows earlier reporting of Bezos' 50-million share sell-off plan to be completed by 2025, through Morgan Stanley as his brokerage firm. -
Elon Musk Maps Out Strategy for Million-Person Mars Settlement
"Elon Musk, the visionary behind SpaceX, has once again captured public imagination with his audacious blueprint for interplanetary colonization. Musk's latest pronouncements outline a staggering ambition: to transport one million humans to Mars, a goal he shared in a succinct response on the social media platform X, formerly known as Twitter.
The Latest
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TikTok's Legal Battle Against US Ban Faces Uphill Struggle Despite Preemptive Congressional Defense
As TikTok prepares to challenge the recently passed law that could potentially ban the app in the United States, Congress has already laid the groundwork for its defense against the anticipated court battle. In a rare 17-minute scripted conversation on the Senate floor, Sens. Maria Cantwell (D-Wash.) and Mark Warner (D-Va.) outlined the national security risks associated with the app, a move designed to preemptively counter TikTok's expected First Amendment challenge. -
NHTSA Probes Adequacy of Tesla's Massive Autopilot Recall Amid Ongoing Crashes
The U.S. National Highway Traffic Safety Administration (NHTSA) has initiated a new investigation into Tesla Inc.'s recent Autopilot recall to determine if measures taken last December adequately address the system's safety concerns. -
ByteDance Prefers TikTok Shutdown Over Sale if Legal Battles Fail: Report
ByteDance, the Chinese parent company of the popular short-form video app TikTok, would rather shut down the platform in the United States than sell it if the company exhausts all legal options to fight legislation banning the app from U.S. app stores, according to four sources close to the company. -
Meta Shares Plummet Despite Strong Q1 Earnings as AI Spending Plans Spook Investors
Meta, the parent company of Facebook, WhatsApp, and Instagram, reported strong first-quarter earnings on Wednesday, but a disappointing second-quarter forecast and increased spending plans for artificial intelligence (AI) sent shares tumbling by more than 15% in after-hours trading. -
Potential Buyers Line Up as TikTok Faces Forced Sale, but Challenges Loom
As the clock ticks for TikTok to find a new owner following President Joe Biden's signing of legislation that would ban the app in the United States unless its Chinese parent, ByteDance, sells it, a handful of American finance and tech tycoons are gearing up for multi-billion dollar bids. However, potential buyers face formidable obstacles in prying TikTok from ByteDance's hands and into American ownership.
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TikTok CEO Vows to Fight U.S. Ban, Assures Users 'We Aren't Going Anywhere'
TikTok CEO Shou Zi Chew has declared that the popular short video app "isn't going anywhere" despite President Joe Biden signing legislation that could potentially ban the app in the United States. The new law, signed on Wednesday, gives China-based ByteDance, TikTok's parent company, 270 days to divest the app's U.S. assets or face a nationwide ban. -
British Regulators Scrutinize Microsoft and Amazon's AI Partnerships Amid Competition Concerns
The U.K.'s Competition and Markets Authority (CMA) has intensified its scrutiny of big tech's involvement in the artificial intelligence market, focusing on partnerships between Microsoft and Amazon with smaller generative AI model makers. -
Tesla Shares Surge as Elon Musk Announces Plans for New Affordable EV Models by 2025
Tesla shares experienced a significant 15% surge on Wednesday morning following CEO Elon Musk's announcement that the electric-vehicle company plans to begin production of new affordable EV models by early 2025. The news came during Tesla's earnings call on Tuesday, where the company reported disappointing first-quarter numbers, with revenue falling 9% year over year - its steepest annual decline since 2012. -
TikTok Faces Potential US Ban as Bill Heads to Biden's Desk for Approval
The United States is on the verge of banning the hugely popular Chinese app TikTok, as a measure to outlaw the video-sharing platform has won congressional approval and is now awaiting President Joe Biden's signature. -
Apple Set to Unveil New iPad Models and Apple Pencil at May 7th Event
Apple is gearing up for its highly anticipated product launch event on May 7, with significant updates expected for its iPad lineup and the Apple Pencil. The event, titled "Let loose," will showcase Apple's latest technological advancements and is set to stream online at 7 a.m. Pacific Time.