Thomas Barrabi
The Archive
Chuck Schumer faces heat as landmark bill to protect kids online stalls in Congress
The Kids Online Safety Act, or KOSA would impose a legal “duty of care” on social media firms to protect minors from harassment, bullying, anxiety and sex abuse – or...
Amazon probing AI startup for 'scraping' websites without permission: report
Scrutiny of Perplexity’s practices has intensified after Forbes accused the company of “directly ripping off” articles written by its reporters.
SpaceX prepping tender offer at record $210B valuation: report
SpaceX will sell to employees and other insiders at $112 per share, Bloomberg reported, citing people familiar with the matter.
AI a 'fire accelerator' for Big Tech antitrust abuses, international regulator warns
Powerful AI systems “will make all the problems only worse,” said Andreas Mundt, who cited fears that users won’t be able to avoid Big Tech platforms in favor of alternative...
Rivian soars as Volkswagen plows $5B into struggling EV maker
VW said it would initially invest $1 billion into a joint venture to create what was described as a “next generation software-defined vehicle platform” that will be used in both...
Tesla recalls 11K Cybertrucks over faulty windshield wipers, loose trim
Both recall notices impact more than 11,000 Cybertrucks. In both cases, Tesla will make the repairs free of charge and owners will be notified by Aug. 18.
Software giant says US ban of TikTok would hurt its profits
The law “will make it unlawful to provide internet hosting services to TikTok,” an annual report published Monday read.
Apple becomes first US tech giant charged under Europe's new antitrust law -- and faces billions in fines
Apple could be fined up to 10% of their total worldwide turnover – a sum of billions of euros – if it is confirmed to have breached the competition law.
Instagram recommends sexual videos to teen users as young as 13, alarming report reveals
The Wall Street Journal and a Northeastern University researcher probed Instagram's filters by creating accounts posing as fictional 13-year-olds and scrolling Reels video feed.
AI chipmaker Nvidia surpasses Apple, Microsoft to become world's most valuable company
The latest uptick pushed Nvidia’s market cap to a whopping $3.33 trillion. Microsoft fell to second place with a valuation of $3.32 trillion, followed by Apple at $3.28 trillion.
Apple has 'very serious' non-compliance issues with key EU digital law: commissioner
“We have a number of Apple issues. I find them very serious. I was very surprised that we would have such suspicions of Apple being non-compliant,” the EU's Competition Commissioner...
Tesla renews legal fight to reinstate Elon Musk's $56B pay package after shareholders back deal
Tesla launched a fresh bid to secure legal reinstatement of Elon Musk’s controversial $56 billion pay package on Monday – days after the company’s shareholders voted to ratify the record-setting...
Big Tech antitrust bill nears reintroduction on Capitol Hill -- but could be thwarted by key Democrats
The bill would block Big Tech firms from "self-preferencing" their own services -- for example Google promoting its shopping tool in search results while demoting rival services.
Apple to face EU charges for stifling competition with App Store policy: report
The reported charges are what would mark the first time EU officials have gone after a Big Tech giant for violating a sweeping digital law.
Billionaire Ken Langone, CEO Robert Grossman to retire from NYU Langone roles in 2025
Langone, 88, will step down alongside Robert Grossman, who will retire as CEO of NYU Langone Health and dean of NYU Grossman School of Medicine at the same time.
Tesla shareholders approve Elon Musk's $56B pay package
Shareholders also approved a proposal to move the company's legal home to Texas from Delaware, Tesla said at its annual shareholder meeting in Austin, Texas.
Tyson Foods heir John Tyson busted on DWI rap in latest scrape with cops after passing out in stranger's bed
Tyson, 34, was arrested at 1:32 a.m. ET local time and released about nine hours later, according to an arrest record in Washington County, Arkansas.
Founder of DEI-focused hiring firm bilked investors out of $27M while lying about AI, customers: feds
As The Post reported, the now-bankrupt Joonko falsely claimed that several major firms, including American Express, PayPal, Accenture and Atlassian, were customers of its platform.
Apple shares hit all-time high after unveiling AI features for iPhone, other devices
Apple stands to add $180 billion to its market value if the current stock price of $205 holds.
Apple reveals brand new AI features for iPhones in 'game-changer' for the company
Apple unveiled AI features called “Apple Intelligence" and a partnership with ChatGPT maker OpenAI across its devices on Monday as the Big Tech giant seeks to convince Wall Street it...