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Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy

feeds.bbci.co.uk Unknown 2025-07-20 23:35:58

Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy Mark Zuckerberg has agreed to settle a multibillion dollar lawsuit with a group of shareholders over how top executives at Meta handled repeated privacy violations by Facebook. The shareholders were seeking $8bn (£6bn) in damages. It is unclear how much they agreed to settle for. The settlement was announced on Thursday by a lawyer for the shareholders, just before the trial was about to enter its second day in a Delawar

Topics: facebook meta settle shareholders zuckerberg

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Many Gen Z use Find My and other apps to share their location with friend groups 24/7

9to5mac.com Ben Lovejoy 2025-07-22 06:11:43

A new report suggests that many people who belong to Gen Z use Find My and other apps to permanently share their location with groups of friends. A study earlier in the year found that 40% of Gen Z adults share their location with three or more people, and a new piece found it was common to location-share with double digit numbers of friends … Gen Z is generally defined as those born between 1997 and 2012, so current ages would be roughly 13 to 28. A CivicScience study back in April found tha

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Tesla's change in bylaws to limit shareholder lawsuits slammed by New York state officials

cnbc.com Lora Kolodny 2025-07-23 05:33:36

In May, Tesla changed its corporate bylaws in a way that would require investors to own 3% of the stock, today worth about $30 billion, in order to file a derivative lawsuit against the company for breach of fiduciary duties. Authorities in New York State are now asking Tesla to delete the bylaw entirely. Overseers of the New York State Common Retirement Fund, which owns about 0.1% of Tesla's shares, submitted a formal proxy proposal and letter to the company on July 11, and shared it with CNBC

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Microsoft's Copilot Vision can now see and analyze your entire Windows desktop

zdnet.com Lance Whitney 2025-07-23 12:52:00

Microsoft Microsoft has expanded the powers and reach of its Copilot Vision AI to help you with all types of content. In a Tuesday blog post, the company revealed that Windows insiders can now opt to share their entire desktop with Copilot Vision where you can ask it to analyze and answer questions about all the items on your screen. A big leap forward Available in the US for Windows 10 and 11 and coming soon to other non-European countries, Copilot Vision on Windows acts as a virtual compani

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Nvidia CEO Jensen Huang sells another $37 million worth of stock

cnbc.com Samantha Subin 2025-07-24 01:57:59

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia CEO Jensen Huang sold another 225,000 shares of the chipmaker, totaling about $37 million, according to a U.S. Securities and Exchange Commission filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 mil

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Meta shareholders look to haul CEO Mark Zuckerberg, Sheryl Sandberg to court

news.ycombinator.com Unknown 2025-07-25 08:45:43

Mark Zuckerberg is slated to make yet another high-stakes courtroom appearance this week as shareholders seek to hold him accountable for the more than $8 billion that Meta has spent to settle lawsuits over privacy violations. The trial, set to begin Wednesday in Delaware’s Court of Chancery, aims to hold Zuckerberg, former Meta COO Sheryl Sandberg and other former executives personally liable for the billions the company spent to resolve allegations that it failed to safeguard user data. Sh

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China’s Geely is officially bringing its luxury EV startup Zeekr private

techcrunch.com Rebecca Bellan 2025-07-26 09:32:10

China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange. The news comes two months after Geely offered to take Zeekr private, following President Donald Trump’s threats earlier this year to delist Chinese stocks from U.S. exchanges. When the merger closes, Zeekr shareholders will receive either $2.69 in cash per share or 1.23 newly issued Geely shares for each Zeekr share they own, per a regulator

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Im Never Splitting AirPods With My Wife Again Thanks to This iPhone Trick

cnet.com See Full Bio 2025-08-03 15:30:03

When my wife and I travel, we usually download some shows to watch on our flight. But we always have to split a set of AirPods when we watch these shows so we each have one earbud. That means one of our ears is enjoying the show while the other is forced to endure the crying baby behind us on the plane, which can be distracting. But thanks to Apple's Audio Sharing feature, we can each enjoy a show together while using our own sets of AirPods. Audio Sharing was introduced with iOS 18 and iPadOS

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Nvidia hits $4 trillion market cap, first company to do so

cnbc.com Samantha Subin Kif Leswing 2025-08-04 09:52:47

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this market value. Nvidia is the wo

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Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

cnbc.com Chris Eudaily 2025-08-05 09:47:31

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026. Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of

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OpenAI CEO Sam Altman says he's 'politically homeless' in July 4 post bashing Democrats

cnbc.com Salvador Rodriguez 2025-08-08 00:50:52

OpenAI CEO Sam Altman posted on X Friday, saying he finds himself "politically homeless" as the Democratic party is no longer aligned with encouraging a "culture of innovation and entrepreneurship." Altman, whose company is a leader in artificial intelligence, made the post in celebration of the Fourth of July, saying he is "extremely proud to be an American" and believes the U.S. "is the greatest country ever on Earth." He used the post to share some of his political ideology, saying he belie

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Microsoft investigates ongoing SharePoint Online access issues

bleepingcomputer.com Unknown 2025-08-13 05:53:43

Microsoft is investigating an ongoing incident causing intermittent issues for users attempting to access SharePoint Online sites. Part of the Microsoft 365 suite, SharePoint Online is a cloud-based collaboration and document management platform that allows users to create websites, store and share documents, and collaborate on content over the Internet. As the company announced earlier today in an incident alert published in the message center, users are seeing "Something went wrong" errors

Topics: incident microsoft online sharepoint users

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OpenAI condemns Robinhood’s ‘OpenAI tokens’

techcrunch.com Maxwell Zeff 2025-08-14 01:43:27

OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity

Topics: equity openai private robinhood shares

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Jeff Bezos sells $737 million worth of Amazon shares

cnbc.com Annie Palmer 2025-08-16 13:15:03

Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday. The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Am

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Figma moves closer to a blockbuster IPO that could raise $1.5B

techcrunch.com Julie Bort 2025-08-16 17:55:34

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that Figma could raise up to $1.5 billion in this offering. If it does meet or exceed that, Figma’s IPO will match or beat CoreWeave’s, which raised $1.5 billion a

Topics: ai company figma million shares

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AeroVironment stock drops 11% on offering plan to pay off debt

cnbc.com Samantha Subin 2025-08-16 21:00:46

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 11% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virgini

Topics: aerovironment drone million said shares

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AeroVironment stock drops 8% on offering plan to pay off debt

cnbc.com Samantha Subin 2025-08-17 13:26:51

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 8% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virginia

Topics: aerovironment drone million said shares

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AeroVironment stock drops 7% on offering plan to pay off debt

cnbc.com Samantha Subin 2025-08-18 01:35:46

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 7% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virginia

Topics: aerovironment drone million said shares

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Nvidia insiders dump more than $1 billion in stock, according to report

cnbc.com Samantha Subin 2025-08-20 15:07:32

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a report from the Financial Times. About $500 million worth of sales occurred over the last month as the market

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Between utopia and collapse: Navigating AI’s murky middle future

venturebeat.com Gary Grossman 2025-08-20 18:15:00

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more In the blog post The Gentle Singularity, OpenAI CEO Sam Altman painted a vision of the near future where AI quietly and benevolently transforms human life. There will be no sharp break, he suggests, only a steady, almost imperceptible ascent toward abundance. Intelligence will become as accessible as electricity. Robots will be performing

Topics: ai cognitive people shared world

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My Wife and I Are Never Splitting AirPods Again Thanks to This iPhone Trick

cnet.com See Full Bio 2025-08-20 12:00:05

When my wife and I travel, we usually download some shows to watch on our flight. But when we watch those shows, we always have to split a set of AirPods so we each have one earbud. That means one of our ears is enjoying the show while the other is forced to endure whatever is happening around the plane, which can be a little distracting. But thanks to Apple's Audio Sharing feature, we can each enjoy a show together while using our own sets of AirPods. Audio Sharing was introduced with iOS 18 a

Topics: airpods audio headphones pair share

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Google Maps makes starting a collaborative list less confusing

androidauthority.com Unknown 2025-08-21 13:59:34

Aamir Siddiqui / Android Authority TL;DR Google Maps is rolling out a tweaked sharing menu for places. When a place is selected, tapping on the Share chip will bring up a new Share sheet with options for: Share this place, Copy link, and Share as a collaborative list. In 2023, Google Maps introduced a feature to allow users to create collaborative lists with friends and family, consisting of places everyone wanted to visit. The process was as simple as selecting a place, tapping share, and fi

Topics: collaborative link list share sheet

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Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase

cnbc.com Tanaya Macheel 2025-08-24 01:58:18

In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company's IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle resumed its rally on Thursday after a brief pullback this week. Shares were last higher by 12%, after

Topics: chart circle coinbase icon shares

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Drone maker AeroVironment shares pop 21% on earnings beat

cnbc.com Chris Eudaily Samantha Subin 2025-08-25 21:01:44

AeroVironment stock rocketed 21.6% higher Wednesday as the drone maker beat fourth-quarter expectations on the top and bottom lines. Here's how the company did compared to analysts' expectations: Earnings : $1.61 per share adjusted vs. $1.39 per share expected : $1.61 per share adjusted vs. $1.39 per share expected Revenue: $275 million vs. $242 million expected The company reported financial results after market close Tuesday but shares skyrocketed Wednesday morning as CNBC's Jim Cramer cal

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Drone maker AeroVironment shares pop 24% on earnings beat

cnbc.com Chris Eudaily Samantha Subin 2025-08-26 21:50:08

An unmanned aerial vehicle (UAV) at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference (SOFIC) in Tampa, Florida, US, on Tuesday, May 17, 2022. AeroVironment stock rocketed more than 24% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom lines. Here's how the company did compared to analyst expectations: Earnings : $1.61 per share adjusted vs $1.39 per share expected : $1.61 per share adjusted vs $1.39 per share expec

Topics: aerovironment expected million share vs

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Drone maker AeroVironment shares pop 20% on earnings beat

cnbc.com Chris Eudaily 2025-08-27 01:58:25

In this article An unmanned aerial vehicle (UAV) at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference (SOFIC) in Tampa, Florida, US, on Tuesday, May 17, 2022. AeroVironment stock rocketed more than 20% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom lines. Here's how the company did compared to analyst expectations: Earnings : $1.61 per share adjusted vs $1.39 per share expected : $1.61 per share adjusted vs $1.3

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Ambarella shares soar more than 20% on report chip designer is exploring sale

cnbc.com Samantha Subin 2025-08-28 05:05:37

Ambarella shares popped 20.6% after a report that the chip designer is currently working with bankers on a potential sale. Shares also notched their best session since September 2021. Bloomberg reported the news, citing sources familiar with the matter. While no deal is imminent, the sources told Bloomberg that the firm may draw interest from semiconductor companies looking to improve their automotive business. Private equity firms have already expressed interest, according to the report.

Topics: ambarella bloomberg report shares sources

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Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

cnbc.com Kif Leswing 2025-08-28 21:57:03

Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker's stock on Friday and Monday, according to a filing with the Securities and Exchange Commission. The sales are worth nearly $15 million at Tuesday's opening price. The transactions are the first sale in Huang's plan to sell as many as

Topics: huang million nvidia plan shares

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AirTag’s newest feature is now supported by JetBlue, here’s what that means

9to5mac.com Ryan Christoffel 2025-08-31 09:50:23

AirTags have long been a go-to device for tracking luggage when traveling. But a recently added feature made that experience better than ever, and now JetBlue supports the change. JetBlue now offers process for sharing AirTag location when luggage gets lost Just before the end of last year, Apple shipped a major new feature for AirTag. iOS 18.2 introduced a capability called ‘Share Item Location.’ Essentially the new feature offers a way to temporarily share tracking information for a lost A

Topics: airtag feature jetblue location share

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Apple shareholders sue over Apple Intelligence and Siri delays

9to5mac.com Chance Miller 2025-09-01 13:03:26

Apple is continuing to face fallout from its Apple Intelligence rollout. As spotted by Reuters, Apple shareholders have sued Apple in a proposed class action securities fraud case for allegedly “downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant.” The lawsuit alleges that this misrepresentation negatively impacted iPhone sales and Apple’s stock price. In the lawsuit, Apple executives, including CEO Tim Cook, CFO Kevan Parekh, and former C

Topics: apple intelligence lawsuit shareholders siri

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Latest Tech News

Meta investors settle $8bn lawsuit with Zuckerberg over Facebook privacy

Many Gen Z use Find My and other apps to share their location with friend groups 24/7

Tesla's change in bylaws to limit shareholder lawsuits slammed by New York state officials

Microsoft's Copilot Vision can now see and analyze your entire Windows desktop

Nvidia CEO Jensen Huang sells another $37 million worth of stock

Meta shareholders look to haul CEO Mark Zuckerberg, Sheryl Sandberg to court

China’s Geely is officially bringing its luxury EV startup Zeekr private

Im Never Splitting AirPods With My Wife Again Thanks to This iPhone Trick

Nvidia hits $4 trillion market cap, first company to do so

Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

OpenAI CEO Sam Altman says he's 'politically homeless' in July 4 post bashing Democrats

Microsoft investigates ongoing SharePoint Online access issues

OpenAI condemns Robinhood’s ‘OpenAI tokens’

Jeff Bezos sells $737 million worth of Amazon shares

Figma moves closer to a blockbuster IPO that could raise $1.5B

AeroVironment stock drops 11% on offering plan to pay off debt

AeroVironment stock drops 8% on offering plan to pay off debt

AeroVironment stock drops 7% on offering plan to pay off debt

Nvidia insiders dump more than $1 billion in stock, according to report

Between utopia and collapse: Navigating AI’s murky middle future

My Wife and I Are Never Splitting AirPods Again Thanks to This iPhone Trick

Google Maps makes starting a collaborative list less confusing

Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase

Drone maker AeroVironment shares pop 21% on earnings beat

Drone maker AeroVironment shares pop 24% on earnings beat

Drone maker AeroVironment shares pop 20% on earnings beat

Ambarella shares soar more than 20% on report chip designer is exploring sale

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

AirTag’s newest feature is now supported by JetBlue, here’s what that means

Apple shareholders sue over Apple Intelligence and Siri delays

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