ThredUp Sheds European Operations, Transfers Remix to Local Leadership
Fashion resale marketplace ThredUp has sold its European business, Remix, to focus solely on its domestic U.S. operations. This move, part of a strategic realignment, sees Remix’s management team, led…
Amazon Partners with Orbital Materials to Trial Carbon Capture at Data Centers
Amazon has partnered with Orbital Materials, an AI startup, to deploy a novel carbon capture technology at one of its AWS data centers. This collaboration addresses the surging energy demands…
Walmart Finalizes $2.3 Billion Acquisition of Vizio
Walmart has officially completed its $2.3 billion acquisition of Vizio, marking a major step in the retail giant’s push to grow its connected TV advertising business. The all-cash deal, initially…
Amazon Music’s “2024 Delivered” Is Here to Compete with Spotify Wrapped
Amazon Music has officially entered the year-end recap game with its new feature, 2024 Delivered. Launched on Tuesday, the tool offers a detailed look at user listening habits, including top…
Apple Music Replay 2024 Now Available in the App
Apple Music’s Replay 2024 is here, giving users a detailed breakdown of their streaming habits. This year, Replay is available directly in the Apple Music app for users on iOS…
Microsoft Faces UK Lawsuit Over Cloud Pricing Practices
Microsoft is facing a lawsuit in the U.K. over allegations that it has been unfairly overcharging customers who use its Windows Server software on rival cloud platforms, including Amazon Web…
Meta Reports AI Content Makes Up Less Than 1% of Election Misinformation
Warnings about generative AI fueling election misinformation in 2024 ultimately did not materialize as feared, according to Meta. The tech giant stated that AI-generated content accounted for less than 1%…
FTC Orders Goat to Pay $2M Over Deceptive Shipping and Refund Practices
The Federal Trade Commission (FTC) has fined Goat, an online marketplace specializing in sneakers and apparel, over $2 million for misleading customers with false shipping promises and inadequate refund policies.…
GoBlue App Launches, Brings Analytics Tracking to Bluesky Users
GoBlue, a new iOS app, is stepping in to fill a void in the Bluesky ecosystem, offering users the ability to track analytics on the rapidly growing social network. With…
OpenAI Explores Potential for Ads Amid Financial Pressures
OpenAI, the creator of ChatGPT, is considering the introduction of advertising as a revenue stream, according to comments from its CFO Sarah Friar in an interview with the Financial Times.…
Threads Rolls Out Advanced Search Filters to Challenge Bluesky and X
Threads, Meta’s alternative to X (formerly Twitter), is introducing an advanced search feature to enhance user experience. This update, set to roll out globally over the next few weeks, allows…
Apple Accused of Spying on Employees in New Lawsuit
Apple’s reputation as a privacy-first company is under scrutiny following a new lawsuit accusing the tech giant of spying on its employees. Filed on Sunday in California state court, the…
Judge Rejects Elon Musk’s $56 Billion Pay Deal Despite Shareholder Approval
Delaware Chancery Court Judge Kathaleen McCormick has upheld her decision to nullify Tesla CEO Elon Musk’s $56 billion pay package. Despite a shareholder vote earlier this year to re-ratify the…
Tesla Updates Introduce Apple Watch App and More Features—Including Fart Pranks
Tesla’s latest update includes practical advancements and a sprinkle of humor, reinforcing the company’s knack for blending utility and playfulness. Among the new features is an Apple Watch app, expected…
Meta Implements Stricter Ad Rules in Australia to Combat Financial Scams
Meta Platforms, the parent company of Instagram and Facebook, has introduced enhanced regulations for advertisers of financial products and services in Australia. The new measures aim to curb the spread…
Woman Wins $1,380 for Staying Smartphone-Free for Eight Hours
A woman in Chongqing, China, recently won 10,000 yuan (approximately $1,380) after successfully completing a “public welfare challenge” that tested participants’ ability to stay away from their smartphones for eight…
Fidelity Ups Valuation of Elon Musk’s X and xAI Stakes
Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to an Axios report. Despite the boost, the social media…
Elon Musk Challenges OpenAI’s For-Profit Move in Court
Elon Musk is asking a federal court to stop OpenAI from fully transitioning into a for-profit business. On Friday, Musk’s legal team, which includes representatives for his AI company xAI…
European Commission Closes Amazon Tax Case Without Back Payment
Amazon will not be required to pay €250 million ($263 million) in back taxes after the European Commission announced the closure of a long-standing state aid investigation. This decision brings…
Canada Competition Bureau Files Lawsuit Against Google Over Ad Business
Canada’s Competition Bureau is taking legal action against Google, aiming to dismantle parts of the tech giant’s advertising business. The agency announced on Thursday that its investigation revealed Google allegedly…