Category: Companies

Oversight Board Urges Meta to Be More Transparent About COVID Censorship

Meta’s Oversight Board, an independent panel that the parent company of Facebook and Instagram selected to deliberate its content decisions, has asked the tech firm to “increase transparency around government requests” regarding suppressing COVID-19 content. The Oversight Board noted that concerns were raised about Meta reviewing COVID-19-related content at the behest of governments during the height of the pandemic,…


‘Park Outside’: GM Recalls 40,000 Pickups to Fix Fire Risk

NEW YORK—General Motors is recalling certain Chevrolet Silverado medium-duty trucks for model year 2019 or later, following the discovery of a potential leak in brake fluid that could result in a fire. Potentially 40,428 vehicles could be affected. They include 4500HD, 5500HD, and 6500HD models with model years between 2019 and 2023, according to documents…


Bud Light Ad Executive Behind Dylan Mulvaney Trans Beer Campaign Takes Leave

The senior Budweiser advertising executive behind the controversial Bud Light transgender campaign has reportedly taken a leave of absence and another executive has taken over her functions. Alissa Heinerscheid, who has been vice president of marketing for Bud Light for nearly a year, has taken a leave of absence, according to Beer Business Daily. Heinerscheid,…


Washington Lawmakers Pass Bill to Ban Harmful Chemicals in Cosmetics

Washington Gov. Jay Inslee is expected to sign into law the strongest regulations on toxic chemicals in beauty and personal care products in the country. The Toxic-Free Cosmetics Act was passed through state legislatures last week. The bill, sponsored by Democrat state Rep. Sharlett Mena, would protect consumers from skin irritations and damage as a result of chemicals mixed into cosmetic…


Tesla Wins Bellwether Trial Over Autopilot Car Crash

LOS ANGELES—A California state court jury on Friday handed Tesla Inc. a sweeping win, finding the electric vehicle maker’s Autopilot feature did not fail in what appeared to be the first trial related to a crash involving the partially automated driving software. Tesla has been testing and rolling out its Autopilot and more advanced “Full…


Lyft to ‘Significantly’ Cut Jobs in New CEO’s First Major Move

Lyft Inc. CEO David Risher said on Friday the ride-hailing company will “significantly” cut jobs in another round of layoffs to reduce costs, sending its shares up about 4 percent. The company declined to provide details on the number of affected staff, but the Wall Street Journal reported earlier in the day the move could…


Volkswagen Increases Q1 Sales Despite Weaker China Business

BERLIN—Volkswagen significantly increased deliveries in the first quarter despite weaker business in China, its most important single market, the German carmaker said on Friday. The group delivered 2.04 million vehicles to customers worldwide, up 7.5 percent compared with the same quarter last year, while in China, sales fell 14.5 percent to 644,500 vehicles. Sales in…


US Firms Positioned to Withstand Tougher Lending Conditions, Says Goldman Sachs

Goldman Sachs Group still believes that American companies are positioned to withstand tougher lending conditions caused by the latest bank crisis. The investment bank said that U.S.-based firms are less reliant on banks for capital, compared with their peers overseas, reported Bloomberg. A tightening of loan conditions could have a smaller impact for the banking…


White House Breaks Silence on Controversial Bud Light Partnership

White House press secretary Karine Jean-Pierre has responded to ongoing outrage directed at Bud Light amid the company’s controversial decision to partner with transgender influencer Dylan Mulvaney. Anheuser-Busch, the company brewing the American-style light lager beer, featured the 26-year-old from California in a Bud Light promotional video earlier this month. The move saw many loyal…


Alphabet Combining DeepMind and Google Brain Into Single AI Unit

Google’s parent company Alphabet is combining two of its artificial intelligence (AI) research units in a bid to “significantly accelerate” the company’s progress in the field. “This group, called Google DeepMind, will bring together two leading research groups in the AI field: the Brain team from Google Research, and DeepMind,” Alphabet CEO Sundar Pichai said…