Keep up with the most recent developments in technology. Learn about the innovations, patterns, and perceptions that will influence future digital developments and innovation.
JPMorgan Chase CEO Jamie Dimon revealed that his bank is considering offering prediction market services to its customers. “It’s possible one day we’ll do something like that,” Dimon said in an interview with “CBS Evening News” anchor Tony Dokoupil, speaking about services such as Kalshi and Polymarket, which allow people to make bets on everything…
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
Back-to-back verdicts this week against Meta and YouTube could usher in a new chapter in accountability for tech companies, while opening the door to fresh legal challenges, experts tell CBS News. Two cases, decided in New Mexico and California, are the first to hold social media companies liable for harming young people. On Tuesday, a…
AI is gaining usage. But there are some things Americans would be comfortable having AI do for them β and plenty of others they aren’t, recent CBS News polling found. Given a list, the sorts of things Americans are comfortable with AI doing tend to be impersonal or even boring tasks, as well as those…
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they’ll appeal.
OpenAI said Tuesday that it is discontinuing its Sora AI video app. The move comes as the video platform wanes in popularity among users, according to the Wall Street Journal, which first reported OpenAI’s decision to pull the plug.Β “We’ve decided to discontinue Sora in the consumer app and API. As we focus and compute…
A jury on Wednesday found that Meta and YouTube are liable for creating products that led to harmful and addictive behavior by young users, a landmark decision that could set a legal precedent for similar allegations brought against social media companies.Β The jury awarded $3 million in compensatory damages and $3 million in punitive damages…
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
A New Mexico jury found Tuesday that social media conglomerate Meta is harmful to children’s mental health and in violation of state consumer protection law. The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta β which owns Instagram, Facebook and WhatsApp β prioritized profits over safety….
Elon Musk, famously a man with big ideas, is building a semiconductor plant vast enough to power those ambitions. Musk on Saturday announced what he calls the “Terafab,” a semiconductor manufacturing plant to be located in Austin, Texas, that will produce chips for Tesla vehicles, SpaceX spaceships and Optimus humanoid robots. Currently, Musk’s companies rely…