Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday. […]
IBM pledges to spend $150B in the US over the next few years Read More »
Meta may have managed to kill a bipartisan bill to protect children online, but parents of children who have suffered from online harm are still putting pressure on social media companies to step up. On Thursday, 45 families who lost children to online harms – from sextortion to cyberbullying – held a vigil outside of
Parents who lost children to online harms protest outside of Meta’s NYC office Read More »
The U.S. Department of Justice is probing Disney’s deal to take a controlling stake in FuboTV, Bloomberg reports. Fubo is a live TV streaming service known for its extensive sports coverage. Officials are examining whether the deal would create a concentration of power in the sports streaming market. In January, Disney announced that it was going
DOJ reportedly probes Disney-FuboTV deal over competition concerns Read More »
The European Union has fined Apple €500 million (about $568 million) and Meta €200 million (about $227 million) for allegedly breaching the bloc’s Digital Markets Act, according to The Wall Street Journal. The EU has accused Apple of failing to comply with an obligation to allow app developers to inform customers of alternative ways to
EU fines Apple, Meta millions for breaching tech competition rules Read More »
The Federal Trade Commission filed a lawsuit Monday against Uber, alleging the ride-hail and delivery giant charged customers for its Uber One subscription service without their consent. The lawsuit also claims Uber failed to deliver the savings promised in its subscription service and made it unreasonably difficult for users to cancel despite its “cancel anytime”
Feds accuse Uber of charging customers for subscriptions without consent Read More »
The government-run website covid.gov used to host information about COVID-19 vaccines, testing, and treatment. Now, under President Trump’s purview, the page redirects to a White House website espousing the unproven theory that COVID-19 originated in a Chinese laboratory. The theory, which has been opposed by many virologists, was espoused in a report by House Republicans
White House replaces covid.gov website with ‘lab leak’ theory Read More »
Humans have found it hard to quit fossil fuels, which is why some argue that we’ll soon need to start geoengineering — that is, modifying the atmosphere to prevent catastrophic warming of the planet. The practice is controversial. Some argue it’s the only solution given that we’ve waited too long to reduce carbon emissions. Others say
Trump EPA targets two-man geoengineering startup for ‘polluting the air’ Read More »
President Donald Trump’s tariffs have underscored the increasing geopolitical risk that almost all businesses now face. As the situation continues to shift with Trump’s unpredictable deal-making, it’s also becoming clear how challenging it is for companies, nonprofits, consultants, and lawyers to keep up with the rapid day-to-day changes. “We are drowning in trade updates every
As the trade war escalates, Hence launches an AI ‘advisor’ to help companies manage risk Read More »
Companies around America have started cutting DEI programs and eliminating DEI commitments from public documents in response to legal and political threats from the Trump administration. Just a few weeks ago, Attorney General Pam Bondi instructed the Department of Justice to “investigate, eliminate, and penalize,” DEI programs deemed illegal in private sector companies that receive
Here are all the tech companies rolling back DEI or still committed to it — so far Read More »
A federal judge has found that Google violated antitrust laws by “willfully acquiring and maintaining monopoly power” in the advertising technology market, rounding out a two-year saga after the U.S. and eight states filed its initial complaints against the Alphabet-owned company. The court will set a briefing schedule and hearing date to determine appropriate remedies
Judge rules Google illegally monopolized adtech, opening door to potential breakup Read More »
