Internet

Italy hands VAT bill to Meta, X and LinkedIn in landmark tax case
World

Italy hands VAT bill to Meta, X and LinkedIn in landmark tax case

Visitors take pictures by a sign posted in front of Meta headquarters in Menlo Park, California, on Jan. 29, 2025. Justin Sullivan | Getty Images Italy has handed tax demands to Meta, X and LinkedIn in the formal and final step in an unprecedented official VAT claim against the three U.S. web giants that could […]

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Amazon is testing shopping, health assistants as it pushes deeper into generative AI
World

Amazon is testing shopping, health assistants as it pushes deeper into generative AI

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon, in an effort to infuse generative artificial intelligence across a wider swath of its e-commerce universe, recently began testing a shopping assistant and a health-focused chatbot with a subset of users. […]

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With 23andMe entering bankruptcy, here’s how to delete your genetic data
Technology

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe has officially filed for Chapter 11 bankruptcy protection, which means its assets — including its vast genetic database — will soon be up for sale. The company continues to sell its at-home DNA […]

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23andMe files for bankruptcy, Anne Wojcicki steps down as CEO
Health

23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday […]

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The Magnificent 7’s lousy year, by the numbers
Technology

The Magnificent 7’s lousy year, by the numbers

Elon Musk attends the first cabinet meeting hosted by U.S. President Donald Trump, in Washington, D.C., U.S., Feb. 26, 2025. Brian Snyder | Reuters It’s been a painful year so far for megacap technology giants and 2025 is only getting started. Six members of the group are already tracking for significant year-to-date losses, led by […]

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Micron shares jump on earnings beat, rosy guidance as data center revenue triples
Technology

Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024. David Paul Morris | Bloomberg | Getty Images Micron shares popped 6% in extended trading on Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance. Here’s how the company did: Earnings per share: $1.56, adjusted vs. […]

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Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech
World

Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech

The Wiz logo on a smartphone arranged in New York, US, on Tuesday, July 16, 2024. Gabby Jones | Bloomberg | Getty Images Seven months ago, Alphabet lost a marquee case against the Biden administration’s Justice Department, which accused the company of maintaining an illegal monopoly in search. Weeks earlier, Google’s pursuit of cybersecurity vendor […]

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AI scammers on Amazon duped investors out of millions with ‘passive income’ scheme, FTC alleges
Technology

AI scammers on Amazon duped investors out of millions with ‘passive income’ scheme, FTC alleges

Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida.  Miguel J. Rodriguez Carrillo | Getty Images The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of […]

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Google announces new health-care AI updates for Search
Technology

Google announces new health-care AI updates for Search

A Google corporate logo hangs above the entrance to their office at St. John’s Terminal on March 11, 2025, in New York City. Gary Hershorn | Corbis News | Getty Images Google on Tuesday announced health-care updates to Search, including a way for people with specific health conditions to compare their experiences with others. The […]

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AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
World

AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says

Google DeepMind co-founder and Chief Executive Officer Demis Hassabis speaks during the Mobile World Congress, the telecom industry’s biggest annual gathering, in Barcelona, Spain, Feb. 26, 2024. Pau Barrena | Afp | Getty Images LONDON — Artificial intelligence that can match humans at any task is still some way off — but it’s only a […]

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