The California Department of Motor Vehicles (DMV) has taken a firm stance on safety concerns surrounding Cruise, the autonomous vehicle division of General Motors (GM). On Tuesday, the DMV announced the immediate suspension of Cruise’s deployment and testing permits for its self-driving vehicles in San Francisco. This decision comes after numerous safety incidents and ongoing
Enterprise
The Federal Trade Commission (FTC) is taking a groundbreaking step in its mission to regulate the internet. In an interview with The Record, Democratic Commissioner Alvaro Bedoya revealed that the FTC plans to hire at least one child psychologist to understand the mental health impacts of children’s online activities. This move comes as part of
In September, Apple introduced a groundbreaking feature called NameDrop as part of its iOS 17 update. With this new functionality, iPhone users can effortlessly exchange contact information with their colleagues or friends by simply holding their phones next to each other. This innovation eliminates the need for reciting numbers or manually entering details, preventing any
During the criminal trial against Sam Bankman-Fried, the founder of FTX, prosecutors made a comparison between one of the defense’s arguments and a scene from the iconic 1994 film “Dumb and Dumber.” The scene in question involves actor Jim Carrey’s character claiming that IOUs are “as good as money.” In response, assistant U.S. attorneys for
Shares of Tesla took a significant hit, plummeting more than 9% following the release of the company’s third-quarter results. Both revenue and earnings fell short of Wall Street’s expectations, marking the first time since 2019 that Tesla has missed on both fronts. In light of this, investors are growing increasingly concerned about the future prospects
X, formerly known as Twitter, is taking a new approach in its battle against spam and bot activity. The social media platform announced that it will be testing an annual subscription fee of $1 for new users, granting them the ability to “post & interact with other posts.” This move is part of the company’s
When Phil Spencer took the helm of Microsoft’s gaming division in 2014, he faced an uncertain future. The Xbox was losing ground to Sony, and there was a real question of whether Microsoft should continue investing in the gaming industry. However, less than a decade later, Spencer and the Xbox are at the center of
Snap shares experienced a significant boost of nearly 12% on Monday, driven by reports of an internal memo from CEO Evan Spiegel. According to the memo, the social messaging company is anticipating better-than-expected results for 2024. Spiegel informed employees in a September memo that Snap could potentially achieve over 475 million daily active users in
The eSafety commissioner in Australia has recently fined Twitter/X, the social media platform, a staggering amount of $380,000 for failing to disclose crucial information about how it handles child abuse content. This penalty comes as a result of the company’s inability to effectively address the serious issue of child sexual exploitation. Despite Twitter/X’s public claims
In a significant turn of events, Elon Musk’s company known as X has come under fire for allegedly violating labor laws. The National Labor Relations Board (NLRB) has formally filed a complaint against X, accusing them of unlawfully terminating an employee who criticized the management’s return-to-work policy. This marks the first time that the NLRB