Apple is trading up after White House economic adviser Kevin Hassett said Apple is likely to make an investment announcement today.
“They’re moving here in droves. This is trillions and trillions of dollars of commitments for people to build new factories here. In fact, you’re likely to see one today from Apple,” Hassett said in an interview with Fox Business Network, cited by Reuters.
A Los Angeles jury found Meta and Google liable of designing Instagram and YouTube to be addictive for young users, awarding the plaintiff $3 million in damages, with Meta responsible for 70% of the total. The trial centered on whether features like autoplay and infinite scroll contributed to a plaintiff’s mental health issues — and could set a precedent for holding tech companies responsible for product design, not just content.
The jury also found that Meta and Google could face punitive damages, with a separate phase of the trial to determine how much they should pay.
The decision comes just one day after a New Mexico judge ordered Meta to pay $375 million in civil penalties, saying it violated state consumer protection laws by enabling child sexual exploitation.
The jury also found that Meta and Google could face punitive damages, with a separate phase of the trial to determine how much they should pay.
The decision comes just one day after a New Mexico judge ordered Meta to pay $375 million in civil penalties, saying it violated state consumer protection laws by enabling child sexual exploitation.
Watch Giga Texas grow from space.
OpenAI’s app joins the hallowed halls of video ideas that burned bright and fast.
SpaceX, which could file confidential paperwork for its IPO as soon as this week, is now aiming to raise an astounding $75 billion through its public listing, The Information reports. That’s 50% higher than previous reports.
For comparison’s sake, the current record holder for money raised in an IPO is Saudi Aramco, which raised $29.4 billion. Or, as The Information noted, SpaceX’s IPO would “surpass all money raised by US IPOs last year.”
