Uber Accused by Feds of Charging Customers for Unapproved Subscriptions
The Federal Trade Commission (FTC) has accused Uber Technologies Inc. of unlawfully charging customers for subscription services without their explicit consent. Industry observers are not impressed with this unusual enforcement…
Elon Musk Chooses Rural Texas for His Expanding Business Empire
Elon Musk’s controversial recent relocation from California to Texas has attracted much controversy, and some excitement, from Texans. The billionaire entrepreneur has set up his corporate campus in rural, neighboring…
Musk Aims to Establish ‘Proper Value’ for xAI in Upcoming Investor Call
Elon Musk is focusing on establishing a “proper value” for his artificial intelligence startup, xAI, during an upcoming investor call. Founded in July 2023, xAI aims to “understand the true…
Tesla Accused of Odometer Fraud to Avoid Repair Payouts Under Warranty
Tesla is defending itself against a different California class-action lawsuit right now. The charges allege that the corporation has been systematically rolling back odometers to steer clear of paying costly…
Johnson & Johnson Faces $400 Million in Tariff Costs, Mainly Due to China
Health care giant Johnson & Johnson is anticipating approximately $400 million in tariff-related costs this year. The primary impact is expected to hit the company’s medical technology unit, which manufactures…
Temu Cuts U.S. Ad Spending and Drops in App Store Rankings After Trump’s China Tariffs
Temu, the Chinese online retailer that gained significant attention for its “Shop like a billionaire” marketing campaign during last year’s Super Bowl, has seen a sharp decline in its U.S.…
Figma Issues Cease-and-Desist Letter to Lovable Over ‘Dev Mode’ Term
Figma, one of the top design collaboration platforms, is going hard after folks pilfering their creativity. To this end, they recently sent a cease-and-desist letter to Lovable, a no-code AI…
Meta CEO Mark Zuckerberg Contemplated Spinning Off Instagram in 2018, FTC Trial Reveals
The Federal Trade Commission (FTC) is in the process of investigating Meta Platforms Inc. They are even considering splitting Instagram from its controlling owner, Meta. This is happening against the…
Ottawa Offers Tariff Exemption to Automakers Continuing Production in Canada
In a decisive response to U.S. tariffs imposed on automobile imports, the Canadian government has announced plans to support local businesses affected by these financial measures. On April 3, President…
Medium Reaffirms Commitment to Diversity and Inclusion Amid Industry Changes
Medium, the online publishing platform founded by Evan Williams, is deeply invested in DEI. This commitment holds true even as many of their counterparts at U.S. tech companies work to…
Mark Zuckerberg Stands by Meta in Social Media Monopoly Trial
In a highly anticipated antitrust trial, Meta CEO Mark Zuckerberg took the stand to defend his company against accusations that it unlawfully established a social media monopoly through its acquisitions…
Trump Claims He Assisted Tim Cook With Tariff Exclusions
President Donald Trump recently asserted that he has provided assistance to Apple CEO Tim Cook regarding tariff exclusions, amidst ongoing discussions about the impacts of tariffs on U.S. companies and…