GoKawiil
Tech News
A Taiwanese man remotely accessed his robot vacuum's camera to catch his wife with another man, then used the footage to win roughly $16,000 in a civil suit over infringement of spousal rights. His wife countersued for illegal filming without consent, and a court sentenced him to five months in prison and fined him about 30% of his award.
Gap Inc. announced that customer chief Michael Francis will replace Haio Barbeito as Old Navy's CEO starting in November, part of an ongoing effort to revive the struggling brand. The announcement came alongside Gap's mixed second-quarter results, which beat earnings estimates but missed on revenue, sending shares up more than 16% in after-hours trading.
New scientific findings highlight that the brain remains in a restorative state during the first hour after waking, still completing processes tied to its overnight cleaning cycle. Reaching immediately for a phone, coffee, or email disrupts this natural transition and can affect mental clarity for the rest of the day.
Meta reached a $16.7 billion settlement with a coalition of state attorneys general who accused the company of misrepresenting the mental health risks its platforms pose to children. A court approved the deal Wednesday afternoon, which requires Meta to add daily usage limits, nighttime blocks for teens, and new parental oversight tools. California Attorney General Rob Bonta, who co-led the case, said the agreement is 'a floor conceptually, not a ceiling' and does not shield Meta from further legal action.
Meta has settled child-safety-related claims for $18 billion, according to a roundup of risk and compliance news. The same briefing notes Florida's governor voicing concern over Flock surveillance cameras and the FBI dismantling a large China-linked hacking network.
Canada confirmed a new round of tariffs matching Washington's 50% duties, covering more than 700 American products worth roughly $20 billion, set to take effect September 8. The move follows the collapse of trade talks last week, with both governments blaming each other for last-minute demands. Ottawa specifically doubled its tariff on U.S. steel and aluminum to 50% in direct response to similar U.S. levies.
Dick's Sporting Goods shares dropped 15% pre-market after the retailer missed second-quarter earnings expectations and cut its full-year outlook for Foot Locker, whose comparable sales fell 3.6%. Meanwhile, Nvidia announced its Groq 3 LPX rack is entering full production later this year, the first commercial payoff from its $20 billion Groq acquisition, even as its stock posted a seventh straight day of losses ahead of Wednesday's earnings report.
CNBC reported that the U.S. Treasury Department is considering tapping its roughly $950 billion General Account to help finance its bond buyback program. Senior Treasury officials did not specify how much of that fund would be used but confirmed it remains an option after Secretary Scott Bessent unexpectedly expanded the buyback effort last week. Treasury yields fell following the report.
A report indicates that intervention tied to the Trump administration influenced the Justice Department's approach to its antitrust scrutiny of Live Nation, softening the pressure the company faced. The same roundup notes escalating trade tensions between the U.S. and Canada, alongside a $400 million settlement TikTok reached over a lawsuit concerning children's privacy.