Tag: Tech

San Francisco Investigating Bedrooms Inside Twitter Offices, Musk Fires Back at City

San Francisco’s Department of Building Inspection said Tuesday it was investigating a complaint against Twitter for building bedrooms inside office premises, as Elon Musk promises to bring about an “extremely hardcore” culture within the tech giant. “Wonder how much office can be converted to ‘bedrooms’ before it runs afoul of San Francisco code or at…


Tim Cook Confirms Apple Will Use US-Made Chips for First Time in a Decade

Apple CEO Tim Cook has confirmed that the tech giant will soon start using semiconductor chips manufactured in the United States, the first time in almost 10 years. Cook made the announcement while speaking at the site of the Taiwan Semiconductor Manufacturing Company (TSMC) plant under construction in Phoenix, Arizona. TSMC is the largest dedicated…


The Fall of Sam Bankman-Fried and His Crypto Empire: A Timeline

Sam Bankman-Fried, a 25-year-old MIT graduate, left the quantitative trading firm Jane Street in 2017 to start his own hedge fund, Alameda Research. At first, the crypto-centric fund focused on low-risk algorithmic trades. After two years of running the business, Bankman-Fried embarked on the ambitious goal of starting a crypto trading exchange that would become…


TSMC to Open Second Chip Plant in Arizona, Boosting Investment to $40 Billion

The world’s largest contract chipmaker is opening a second fabrication plant in Arizona to produce advanced semiconductor technology, as the U.S. government seeks to shore up America’s chipmaking supply chain. Taiwan Semiconductor Manufacturing Co. (TSMC), a major supplier to Apple, announced today that the second fabrication plant (or “fab”) will bring the company’s total investment…


The City of Chicago Reaches $10 Million Settlement With Uber Eats

As part of its $10 million settlement with the City of Chicago, Uber must pay millions and provide free services to Chicago restaurants that claimed they were taken advantage of by the ride-share company. The settlement resolves claims that Uber Eats and its Postmates platforms listed restaurants on their applications without the restaurant’s permission and even…


Most Americans Support Elon Musk’s Efforts to Make Twitter ‘More Free and Transparent’: Poll

A significant portion of American citizens are supportive of industrialist Elon Musk’s efforts to ensure freedom of speech on Twitter, according to a poll by Trafalgar Group. The poll asked respondents whether they support Musk seeking to make Twitter a “more free and transparent platform.” According to the survey, 52.3 percent responded positively, while 31.3…


Meta Threatens to Pull All News From Platform If Congress Passes Media–Big Tech Bargaining Bill

Facebook parent company Meta has warned that it will pull news articles from its social media platform if Congress passes the Journalism Competition and Preservation Act (JCPA). The legislation was introduced by Sen. Amy Klobuchar (D-Minn.) in March 2021 and would effectively remove some existing antitrust laws; making it easier for small news publishers to collectively negotiate with tech giants…


Consumer Watchdog Taking Telstra to Court

The consumer watchdog is taking Telstra to court over claims the telco giant was misleading customers on its broadband speeds. The Australian Competition and Consumer Commission has started proceedings against Telstra in the Federal Court about the company’s representation of its cheaper internet brand Belong. The commission alleges almost 9000 Belong customers were moved from…


‘Like We Just Split the Atom’: ChatGPT AI Shakes Up Tech

The artificial intelligence (AI) hub OpenAI may have made a significant advance in the drive to supplement or replace human wit and wisdom with the machine. Its conversational chatbot “ChatGPT,” launched on Nov. 30, has taken the tech world by storm. By Dec. 5, it had reached 1 million users, as claimed by OpenAI CEO…


Musk Admits ‘Quite Significant’ Risk of Assassination

Elon Musk said on Dec. 3, a day after the release of a selection of Twitter’s internal files that suggests the tech giant has suppressed free speech under its previous management, that he believes he faces a “quite significant” risk to his life. “Frankly the risk of something bad happening or literally even being shot…