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Facial recognition company Clearview AI cofounder and former CEO Hoan Ton-That has resigned.The company’s new co-CEOs are early investor Hal Lambert and cofounder Richard Schwartz.The leadership shake-up comes as the Clearview eyes new contracts under the Trump administration.The former CEO of Clearview AI, Hoan Ton-That, has resigned. Clearview is a…
Costco’s commitment to diversity and inclusion is facing fresh scrutiny from Republicans.In a letter to CEO Ron Vachris, 19 attorneys general urged the company to end its DEI programs.Costco shareholders last week overwhelmingly rejected a proposal to report on potential DEI risks.Costco appears to have a target on its back.The…
By Aditya Kalra, Arpan Chaturvedi and Praveen Paramasivam NEW DELHI (Reuters) -Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets like the Indian Express and the Hindustan Times, have mounted a legal challenge against OpenAI alleging it improperly used copyright content, legal papers show. The…
By Jonathan Stempel (Reuters) – Google failed to persuade a federal judge to dismiss a privacy class action claiming it collected personal data from people’s cellphones after they switched off a button to stop the tracking, paving the way for a possible August trial. Chief Judge Richard Seeborg of the…
KYIV (Reuters) – Power cuts will continue on Saturday in the breakaway Moldovan region of Transdniestria, which has been left without Russian gas supplies following Ukraine’s decision not to extend a contract for Russian gas transit, local authorities said. Flows of Russian gas via Ukraine to central and eastern Europe…
Warren Buffett has long recommended a low-fee S&P 500 tracker fund to amateur investors.Chamath Palihapitiya says it’s become riskier as a handful of stocks now dominate the index.Buffett mostly steers clear of tech names but Apple has been his no.1 stock for years.Warren Buffett preaches that picking stocks and timing…
By Jonathan Stempel NEW YORK (Reuters) -A U.S. appeals court on Friday revived a whistleblower lawsuit accusing Swiss drugmaker Novartis (SIX:) of paying illegal kickbacks to doctors to induce them to promote its blockbuster multiple sclerosis drug Gilenya. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in…
(Reuters) -U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world’s largest economy. The EU is already buying the lion’s share of U.S.…
By Luc Cohen NEW YORK (Reuters) – Luigi Mangione, the suspect in the Dec. 4 killing of UnitedHealth Group (NYSE:) executive Brian Thompson, faces two separate sets of murder charges in state and federal court in New York. Below is an explanation of the charges, and where the case will…
By Joey Roulette WASHINGTON (Reuters) – U.S. President-elect Donald Trump’s pick to helm NASA, a private astronaut and close ally of Elon Musk’s SpaceX, is a central figure of a speedy, commercial-focused side of the space industry who would face unfamiliar political challenges as an administrator. Jared Isaacman, the CEO…
