Business
FCC’s Brendan Carr Advances Investigation into NPR, PBS Running ‘Prohibited’ Ads
Federal Communications Commission (FCC) Chairman Brendan Carr advanced his investigation into NPR and PBS running “prohibited” commercials. Carr ordered an investigation in early January into the taxpayer-funded NPR and PBS, believing the nonprofits are running commercials that they are barred from airing. “I am concerned that NPR and PBS broadcasts could be violating federal law by…
Report: China’s TikTok Profits from Child Pornography
China’s TikTok is reportedly profiting from sexual livestreams involving children, while the platform’s moderation policies are too weak to pick up on the explicit content, according to an investigation by the BBC. Three women in Kenya told BBC News that they have used the Chinese platform to openly advertise and negotiate payment in exchange for explicit content, noting…
North Korea’s Biggest Hacker Heist Grabs $1.5 Billion in Crypto
Hackers linked to the North Korean dictatorship pulled off the biggest heist in history last week, looting an estimated $1.5 billion in cryptocurrency from Bybit, an exchange based in Dubai. If estimates of the stolen crypto’s value hold up, the Bybit data breach will go down as the biggest bank robbery in history, eclipsing the…
Elon Musk’s Only Public Response to Ashley St. Clair’s Paternity Suit Is an X Reply
Billionaire Elon Musk has largely chosen to stay quiet regarding explosive allegations from the mother of his youngest child, Ashley St. Clair. In fact, his only public response has been a one-word post to his X social media platform. The controversy surrounding Elon Musk and conservative influencer Ashley St. Clair took a new turn yesterday…
Continental Slashes 3,000 R&D Jobs as Auto Sector Struggles As EV-Driven Auto Sector Slump Deepens
German auto parts giant Continental AG is cutting around 3,000 research and development jobs in its automotive division, a move that comes as the company prepares to spin off the struggling business amid broader turmoil for the auto industry stemming from overly aggressive investment in electric vehicles. The job reductions—equivalent to about 10 percent of…
South Korea Blocks China’s DeepSeek After Finding It Leaked Data to Tiktok Parent Company
The Chinese Communist government threw a fit Tuesday after South Korea banned China’s new DeepSeek artificial intelligence (AI) on security and data privacy grounds. Beijing accused Seoul of “politicizing” technology, even though the Koreans caught DeepSeek red-handed sending the personal data of its users back to China. South Korea’s Personal Information Protection Commission (PIPC) said Monday that…
Jeff Bezos’ Blue Origin to Cut 10% of Workforce to Compete with Elon Musk’s SpaceX
Blue Origin, the rocket company founded by Amazon’s Jeff Bezos, has announced plans to lay off 10 percent of its employees to streamline operations and improve its competitive position against Elon Musk’s SpaceX. The Seattle Times reports that Blue Origin CEO Dave Limp informed employees of the impending layoffs via email, citing the need to reduce bureaucracy and sharpen…
Elon Musk’s X Attracts Fresh Advertisers but Revenue Recovery Remains Uncertain
Elon Musk’s X has successfully drawn in new advertisers in recent months, with some big-name brands like Apple making a comeback, but the platform’s overall advertising revenue recovery remains uncertain, according to third-party data. Business Insider reports that since Elon Musk’s takeover of Twitter in 2022, the platform he renamed X has experienced a tumultuous period marked…
BMW’s Focus on Gas Engines Pays Off as EV Industry Becomes ‘Rollercoaster’
BMW’s conservative approach to EV adoption, investing in platforms that can accommodate internal-combustion, hybrid, and electric powertrains, is now paying off as the company navigates the uncertain transition to electric vehicles. Inside EVs reports that as the automotive industry grapples with the challenges of transitioning to electric vehicles, BMW’s strategic decision to invest in flexible platforms is…
Sam Altman Dismisses Elon Musk’s Bid to Buy OpenAI as ‘Trying to Slow Us Down’
OpenAI CEO Sam Altman has firmly rejected a $97.4 billion takeover attempt by Elon Musk, characterizing the bid as a competitive maneuver rather than a genuine acquisition offer. Speaking at the Paris AI summit, Altman suggested the move was designed to impede OpenAI’s progress rather than represent a serious purchase attempt. “I think he is…
