Tag #Tech Industry

abcnews.go.com
🌐 85% Global Worthiness
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Big Tech Courts Trump, Seeking Regulatory Favor

Major tech CEOs, including Tim Cook, Sam Altman, and Mark Zuckerberg, are actively courting President-elect Trump, making significant donations and offering policy recommendations to influence AI regulation and antitrust enforcement, in a sharp shift from previous conflicts.

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Nima Momeni Found Guilty of Second-Degree Murder in Bob Lee's Death

Nima Momeni was found guilty of second-degree murder in the death of Bob Lee, founder of Cash App, following a six-week trial in San Francisco; the altercation stemmed from Lee's relationship with Momeni's sister and accusations of drug provision, resulting in Lee's death on April 4, 2023.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 85% Global Worthiness
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CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook

Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.

Progress

52% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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"GM Abandons Robotaxi Venture After $10 Billion in Losses"

"General Motors announced it is abandoning its money-losing Cruise robotaxi unit after investing $2.4 billion and incurring over $10 billion in operating losses, instead focusing on driver-assist technologies for its personal vehicles. "

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
theguardian.com
🌐 75% Global Worthiness
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Facebook UK Cuts 700 Jobs, Reduces Tax Bill Amidst Global Restructuring

Facebook's UK branch cut 700 jobs in 2023, costing £79m, reducing its tax bill to 12% of pre-tax profits, after a global revenue decline forced cost-cutting measures by parent company Meta.

Progress

52% Bias Score

Decent Work and Economic Growth
gr.euronews.com
🌐 85% Global Worthiness
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Global Billionaire Wealth More Than Doubles, Tech Sector Drives Surge

Between 2015 and 2024, global billionaire wealth more than doubled to $14 trillion, significantly outpacing market growth; this surge was largely driven by the technology sector, whose wealth tripled to $2.4 trillion.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Second Term: Tech Giants and Media Embrace the President

Tech giants and media are openly supporting Donald Trump's second term, a stark contrast to his first, pledging millions for his inauguration despite previous conflicts, suggesting a pragmatic shift towards political alignment and fear of potential legal and economic repercussions.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 90% Global Worthiness
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Big Tech Donates to Trump Inauguration Amid Past Conflicts

Meta, Amazon, and OpenAI each donated $1 million to President-elect Trump's inauguration fund, despite past conflicts and antitrust concerns; the donations may signal an attempt to influence policy and improve relations with the incoming administration.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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GM abandons robotaxi business, to focus on driver-assist systems

General Motors announced Tuesday it will end funding for its money-losing Cruise autonomous vehicle unit and focus on developing driver-assist systems for personal vehicles, citing the considerable time and resources needed to scale the robotaxi business and a increasingly competitive market.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 85% Global Worthiness
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Tech Tycoon Jailed, MBE Revoked for Rape and Sexual Assault

Lawrence Jones, a 55-year-old British tech tycoon and former MBE recipient, was sentenced to 15 years in prison for drugging and raping two women in the 1990s and sexually assaulting a female employee in 2013; his MBE has been revoked.

Progress

44% Bias Score

Gender Equality
kathimerini.gr
🌐 85% Global Worthiness
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Global Billionaire Wealth More Than Doubles in a Decade

A UBS study reveals that global billionaire wealth more than doubled between 2015 and 2024, reaching \$14 trillion, significantly outpacing global market growth and driven largely by the technology sector.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Meta Goes Nuclear to Power AI Data Centers

Meta plans to add 1-4 gigawatts of new nuclear generation capacity in the US by the early 2030s to power its AI data centers, following similar moves by Google and Amazon, driven by the need for reliable, clean energy and decarbonization goals.

Progress

36% Bias Score