James Farrell
Latest from James Farrell
Twitter Inc. shareholders filed a lawsuit late Wednesday in a federal district court in San Francisco, accusing Elon Musk of manipulating Twitter’s stock price and benefiting from that during his takeover bid. The lawsuit claims that prior to making the bid, Musk …
Twitter agrees to pay a $150M fine for deceptive ad targeting
Twitter Inc. settled a lawsuit today with the Department of Justice and Federal Trade Commission, paying a fine that set the social media giant back $150 million. The lawsuit claims that Twitter acted deceptively between 2013 and 2019 when it used users’ …
Walmart is expanding its drone deliveries to reach 4M people in the US
Walmart Inc. announced today that it’s ratcheting up drone deliveries in the U.S., opening a slew of new sites from where packages can be taken by air to customers. The retail giant has been promising drone deliveries for several years, but getting the …
Clearview AI hit with fine in the UK for illegally storing images
The embattled facial recognition firm Clearview AI Inc. has been fined £7.5 million ($9.4 million) by the U.K.’s privacy watchdog for illegally storing images of people. The company, which has its headquarters in New York City, has faced mounting criticism since its …
New bipartisan bill could make a big dent in big tech’s ad revenue
A group of Republican and Democratic senators introduced a bill today that targets the ads business of companies such as Google LLC, Meta Platforms Inc and Amazon.com Inc. “The Competition and Transparency in Digital Advertising Act” introduced by senators Ken Buck (R-Colorado), …
Senators are asking the FTC to investigate a facial recognition firm for deceiving Americans
Yet another company that creates facial recognition software is now under the spotlight, as four Democratic senators asked the Federal Trade Commission today to investigate the Virginia-based American online identity network company ID.me. Just last week, Clearview AI Inc. reached a settlement …
Apple now says its plan to have a three-day week at the office is indefinitely postponed
Apple Inc. sent a memo today to its corporate headquarters in San Francisco saying most of the staff will now not be asked to attend the office for three days a week, citing a rise in COVID-19 cases as the reason. The …
Elon Musk puts Twitter bid into further doubt on question over fake accounts
Tesla Inc. Chief Executive Elon Musk cast further doubt today about his $44 billion offer to buy Twitter Inc., saying fake accounts may change how much he’s willing to bid. Since Musk made that offer in April this year, there has been …
Top execs leave Twitter as CEO announces a hiring freeze
Twitter Inc. Chief Executive Parag Agrawal announced some big changes today in an email to staff, a shake-up that will see two main employees leave the company. Consumer product leader Kayvon Beykpour has been fired, or in his own words asked to …
Elon Musk says Trump’s Twitter ban was ‘stupid’ and he’d like to reverse it
Elon Musk said In a lengthy interview today at a Financial Times conference that one of the things he’d like to do with Twitter Inc. is to remove the ban on former President Donald Trump. After the chaos that happened on Capitol Hill …