Apple agreed on Tuesday to pay $250 million to settle legal claims that it misled consumers about the abilities of its artificial intelligence system, Apple Intelligence, according to court filings. The settlement resolves a handful of class action lawsuits filed against Apple last year, which claimed the company oversold what its product could do during…
Threads is rolling out messaging on the web, bringing one-on-one and group chats to desktop, the Meta-owned social network announced on Tuesday. By bringing messaging to the web, Threads is aligning its desktop experience more closely with competitors like X and Bluesky. Connor Hayes, Meta’s head of Threads, said in a post that web messaging…
Last year Ford Motor suspended production of an electric pickup truck, shut down a battery factory in Kentucky and booked a $20 billion loss to account for its diminished plans. Then, last month, the senior executive who oversaw development of this new technology left the company. But Ford executives insist that those setbacks do not…
Consumer technology has traditionally been associated with individual use, convenience and lifestyle preferences. Smartphones, social media platforms and connected devices are designed to meet personal needs, from communication to entertainment and productivity. In recent years, however, the context surrounding these technologies has expanded beyond the individual sphere. Regulation is one of the areas where this…
When it comes to the specter of AI’s labor-displacing potential, Jensen Huang thinks that the American worker has nothing to fear. During a conversation Monday night with MSNBC’s Becky Quick hosted by the Milken Institute — an economic policy think tank, the jovial Nvidia CEO said that AI was an industrial-scale generator of jobs, not…
Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering. The company would be valued at up to $6.5 billion if shares sell at the top of its $21 to $24 price target. That’s more than twice what Fervo had reportedly been seeking earlier this year…
The Securities and Exchange Commission reached a $1.5 million settlement with Elon Musk on Monday in a lawsuit that accused the world’s richest person of breaking securities law during his purchase of Twitter, now called X. The S.E.C. had said Mr. Musk hid purchases of the social media company’s stock in 2022 and did not…
President Trump, who promoted a hands-off approach to artificial intelligence and gave Silicon Valley free rein to roll out the technology, is considering the introduction of government oversight over new A.I. models, according to U.S. officials and people briefed on the deliberations. The administration is discussing an executive order to create an A.I. working group…
Nearly a week after the makers of the popular web server management software cPanel and WebHost Manager (WHM) alerted users of a critical flaw in its software, hackers are still targeting thousands of websites that use the vulnerable software. As of Monday there are more than 550,000 potentially vulnerable servers running cPanel, a number that…
The tech industry has spent the last decade asking whether self-driving cars need lidar sensors, cameras, or all of the above. Lidar company Ouster says it has a new answer: put them both in the same sensor. On Monday, the San Francisco-based company announced a new lineup of lidar sensors it calls “Rev8,” all of…
