The stock price of Hims & Hers Health, Inc. plummeted 8% after the company’s CEO said he and other executives were “eager” to hire anti-Israel student protesters who’ve faced disciplinary actions from their universities. The online sexual health and pharmaceutical company
A federal judge blasted Friday Google over a “negligent” policy that resulted in the deletion of employee chat records as closing arguments wrapped up in a landmark antitrust case that could result in unprecedented changes to its core business.
Starbucks is having a tough time reaching consumers all over the world. In the U.S., its supply isn’t meeting demand, and in China, it’s ambitious expansion plans are lagging . Read more...
Waymo plans to soon start testing fully autonomous rides across California’s San Francisco Peninsula, despite criticism and concerns from residents and city officials. Read more...
The Dow Jones Industrial Average and other major stock indexes ended the week on a high note thanks to renewed hope for interest rate cuts later this year. That’s because data from the Bureau of Labor Statistics showed that the U.S. added 175,000 jobs in Apri l, falling short
The Transportation and Security Administration plans to vastly expand its use of facial recognition technology in the U.S., going from 25 airports with the tech to over 430 by this July. And a group of 14 senators from both parties are not happy, arguing in a new letter that,
Rabbit CEO Jesse Lyu defended the Rabbit R1 for the last week, telling Gizmodo and other outlets that it’s “ not an Android app. ” Now, he may have to defend the next fatal claim for an AI device: that it’s not just a ChatGPT wrapper. The push-to-talk feature on Rabbit R1s
Good news, everyone. Apple made money, or more specifically it made most of its cash this quarter with services like its Apple Savings Account . Its hardware, on the other hand, has been a fair bit more diluted, leading to an overall 4% decline year-over-year. Worst of the
The 737 Max isn’t the only Boeing plane facing delays these days. The manufacturer’s 787 Dreamliner, a larger plane, is also running into production problems. But instead of scrutiny over a piece falling off mid-flight , The Wall Street Journal reports that the holdup is tied
Boeing is raising billions of dollars to make up for all the cash it’s been having to spend dealing with the fallout from its 737 Max problems. Outgoing CEO Dave Calhoun’s stewardship of the company in the run-up to that plane’s latest issue, a January door plug blowout on an
Meta CEO Mark Zuckerberg and Apple chief Tim Cook are still hyped up on virtual reality, even if consumers aren’t all excited about their headsets . Read more...
Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported Friday, citing people familiar with the matter. Shares of the media giant rose 3% in extended trading. A special committee of Paramount’s board, which
Palantir CEO Alex Karp eviscerated anti-Israel protesters who have caused chaos on college campuses, saying they should be shipped off to North Korea as part of an “exchange program” to give them perspective. The software boss took aim at Columbia students who had shut down the
Microsoft is banning the use of its artificial intelligence service for facial recognition “by or for” police departments in the United States. Read more...
Baltimore’s Francis Scott Key bridge collapsed in March after it was struck by an enormous container ship that lost power while exiting the city’s port. The collision left the stricken Dali container ship stuck under the remnants of the bridge and made entry and exit of the
Spotify quietly decided to make users pay for its formerly-free lyrics feature. Reddit users flagged the change this week, and Spotify implicitly confirmed the change to TechCrunch without giving a direct statement. Read more...
From Miami’s “Billionaire Bunker” to San Francisco’s Bay Area, and just about everywhere in between, billionaires can be found across the country — except in a few select states. Read more...
Trump Media & Technology Group ’s audit firm, BF Borgers , was permanently barred Friday from serving as accountants by the Securities and Exchange Commission over charges of “massive fraud.” Read more...