Technology
Joby Aviation is expanding beyond the commercial air-taxi market with a $500 million acquisition of defense technology company Resonant Sciences, as the electric aircraft manufacturer seeks to build a larger presence in the rapidly growing military aviation sector. The deal, announced Tuesday, will......
A U.S. appeals court has cleared the way for thousands of lawsuits against major social media companies, including Meta, Google, TikTok and Snap, over allegations that their platforms were deliberately designed to encourage addictive patterns of use. The Ninth Circuit Court of Appeals in San Francisco......
Meta has introduced a new open-weight artificial intelligence model as the company seeks to strengthen its position in the increasingly competitive global AI market. The launch of Muse Glimmer coincides with a call from Meta CEO Mark Zuckerberg for the United States to reconsider policies that he says......
Meta has been sanctioned by a federal judge in California after the company was found to have destroyed evidence relevant to a legal dispute involving fraudulent advertisements that allegedly used the image of Australian billionaire Andrew Forrest. The ruling adds another complication to Forrest's......
Meta Platforms has intensified its push into artificial intelligence with the launch of a new open-source model designed to support AI agents capable of carrying out tasks on personal computers. The model, named Muse Glimmer, reflects the technology industry’s growing focus on AI agents that can......
MySpace could be preparing for a new chapter as its current owners explore plans to revive the once-popular social media platform, tapping into growing nostalgia for the early days of online networking. Brothers Tim and Chris Vanderhook, who currently own MySpace, revealed their plans during a documentary......
Public pressure is growing in the United States for stronger oversight of social media platforms, particularly over concerns about their impact on children and teenagers. A recent Reuters/Ipsos poll suggests that Democrats and Republicans increasingly share concerns about the need for tougher rules. According......
Meta is preparing to face one of the most consequential legal challenges yet brought against its social-media platforms in the United States, as four states seek to prove that the company deliberately designed Instagram and Facebook to encourage addictive use among minors. The federal case is scheduled......
J.P. Morgan has raised its year-end target for the S&P 500 to 8,000, up from its previous forecast of 7,800, citing stronger corporate earnings and growing confidence that artificial intelligence investment will translate into faster revenue growth. The new target represents an estimated 3.1% upside......
A majority of Americans support stronger government oversight of social media platforms, with broad bipartisan backing for measures aimed at protecting younger users, according to a new Reuters/Ipsos poll. The survey found that 61% of Americans believe social media companies require stronger regulation......
American filmmaker James Gray has made clear that he has no intention of incorporating artificial intelligence into his filmmaking, describing the technology as both unnecessary and deeply troubling. The director, known for films including Little Odessa, The Yards, We Own the Night and Two Lovers, expressed......
Amazon is facing growing environmental scrutiny over plans for a large data center in West Texas, where the company is investing in an on-site natural-gas power plant that could become one of the largest individual sources of carbon emissions from a US power facility. The project in Pecos County reflects......
Meta has been ordered to pay nearly $1 billion in penalties and compensation over allegations that its social media platforms contributed to harm among young users in New Mexico. The ruling also introduces a series of restrictions on how minors can use certain features of Facebook and Instagram, marking......
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