Technology
AI stock selloffs fuel fears Big Tech’s best quarters are over
Many of the top technology stocks, which seemed almost unstoppable for months, got hammered this week as fears grew that massive spending on artificial intelligence won’t pay off anytime...
California’s billionaire tax battle is playing out on Instagram—with paid influencers
As California decides whether to slap billionaires with a special tax, the Golden State’s swarm of social media stars is chiming in — and increasingly getting paid to influence...
Microsoft offers buyouts to 60,000 workers as it looks to trim costs
Microsoft is offering buyouts to 60,000 employees — roughly a quarter of its global workforce — as the company looks to slash costs while investing heavily in artificial intelligence....
How Meta struck a deal to keep Mark Zuckerberg in California despite looming billionaire tax
Meta’s Chief Executive Mark Zuckerberg has wielded enormous power over the social media empire he built more than two decades ago, leading the California juggernaut through major scandals, scrutiny...
Meta hit with $25-billion penalty for misleading Facebook users about data privacy
Meta, the parent company of Facebook, was ordered by a New Mexico judge on Wednesday to pay $25 billion for misleading users about how it collects and safeguards user...
‘You Can See Everything’: Theranos whistleblower says Elizabeth Holmes is ‘still lying’
A former research engineer who worked closely with Elizabeth Holmes at Theranos says “You Can See Everything” doesn’t show, well, everything. You may remember Tyler Shultz from HBO’s “The...
Here’s what we know about the man who allegedly bugged an OpenAI conference room in San Francisco
Build a continuous audio recorder. Develop speech-triggered recording. Add Wi-Fi connectivity. Encrypt memory card.These are some of the prompts an engineer arrested by federal authorities last week is accused...
Proposed billionaire tax could impact California sports teams