Latest Technology News
Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
WILMINGTON, Del. (AP) — Attorneys for Fox Corp. asked a Delaware judge Friday to dismiss a shareholder lawsuit seeking to hold current and former company officials personally liable for the financial fallout stemming from Fox News reports regarding alleged vote rigging in the 2020 election. ...
Supreme Court steps into fight over FCC's $8 billion subsidies for internet and phone services
WASHINGTON (AP) — The Supreme Court on Friday stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power. The justices will...
Bitcoin ticks closer to $100,000 in extended surge following US elections
NEW YORK (AP) — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000, just two years after dropping below $17,000 following the...
AI could help scale humanitarian responses. But it could also have big downsides
NEW YORK (AP) — As the International Rescue Committee copes with dramatic increases in displaced people in recent years, the refugee aid organization has looked for efficiencies wherever it can — including using artificial intelligence. Since 2015, the IRC has invested in...
Supreme Court allows multibillion-dollar class action to proceed against Meta
WASHINGTON (AP) — The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices heard arguments in November...
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI. This will bring Amazon’s total investment in Anthropic – which began last year - to $8 billion. Anthropic said the...
Apple and Google face UK investigation into mobile browser dominance
LONDON (AP) — Apple and Google aren't giving consumers a genuine choice of mobile web browsers, a British watchdog said Friday in a report that recommends they face an investigation under new U.K. digital rules taking effect next year. The Competition and Markets Authority took...
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company. The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6...
Australia rejects Elon Musk's claim that it plans to control access to the internet
MELBOURNE, Australia (AP) — An Australian Cabinet minister on Friday rejected X Corp. owner Elon Musk’s allegation that the government intended to control all Australians' access to the internet through legislation that would ban young children from social media. Treasurer Jim...
Thai court dismisses activist's suit against Israeli spyware producer over lack of evidence
BANGKOK (AP) — A Thai court on Thursday threw out a lawsuit brought by a pro-democracy activist which alleged spyware produced by an Israeli tech firm had been used to hack his phone. The Civil Court in Bangkok said Jatupat Boonpattararaksa had failed to provide sufficient proof...
