An $8 billion class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — began Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm. Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users’ personal information … Read more
Nextdoor CEO shares how the app is changing – CBS News Watch CBS News Neighborhood social network app Nextdoor is getting a redesign with some new features. Nextdoor CEO Nirav Tolia joins CBS News to discuss. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn … Read more
President Trump will be in Pittsburgh Tuesday to attend a major energy and AI summit at Carnegie Mellon University. The Inaugural Pennsylvania Energy and Innovation Summit, organized and hosted by Republican U.S. Sen. Dave McCormick, will also be attended by leaders of many of the country’s largest energy and technology companies. McCormick is set to announce … Read more
Tesla heads to federal court in Miami on Monday to defend its Autopilot system in a wrongful death case involving the death of a 22-year-old college student. The fatal crash took place in April 2019, when a Model S Tesla equipped with the Autopilot technology struck a parked vehicle in Key Largo, Florida, killing one … Read more
Nvidia becomes first company to hit $4 trillion value – CBS News Watch CBS News Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O’Grady has the details. Be the first to know Get browser notifications for breaking news, live events, and … Read more
Nvidia smashes earnings expectations How Nvidia’s earnings news may impact your retirement fund 03:35 Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year investor frenzy. Nvidia shares rose 2.5%, or $3.97, in early trading Wednesday, topping $164 each. At the beginning of 2023, Nvidia shares were around … Read more
Tesla CEO Elon Musk is lashing out at Wedbush Securities analyst Dan Ives, telling the technology analyst to “Shut up.” On his social media platform X on Tuesday, the billionaire posted “Shut up, Dan,” just hours after the analyst and Tesla fan recommended that the electric car maker’s board of directors curb the CEO’s political activity. Ives’ comments came … Read more
NASA has discovered a new interstellar comet that’s currently located about 420 million miles away from Earth. The space agency spotted the quick-moving object with the Atlas telescope in Chile on Tuesday and confirmed it was a comet from another star system. The new interstellar comet’s official name is 3I/ATLAS. It’s officially the third known … Read more
Tesla’s U.S. sales slumped in the second quarter as mounting competition and signs of backlash against founder CEO Elon Musk chipped away at the electric vehicle maker’s lead in the segment. Vehcle sales fell to 384,122 in April through June, a more than 13% drop from 443,956 in the same period last year. Sales of … Read more
Microsoft, a leading U.S. software company, is laying off 4% of its workforce, or about 9,000 workers, in a new round of job cuts, the company said Wednesday\. The latest round of layoffs comes after the company slashed over 6,000 jobs in May and June, in an effort to streamline operations. The previous job cuts … Read more