Adobe is having a terrible month
The Department of Justice is suing Adobe over deceptive subscription practices. The lawsuit claims Adobe hides fees and makes it…
McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral
McDonald’s is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021…
Oil’s Run of Gains Comes to Halt as Risk-Off Sentiment Flares
Oil declined, paring a weekly gain, on a risk-off tone in wider financial markets and more signs of robust global…
Tesla Investors Back Musk’s $56 Billion Pay Deal
Tesla Inc. investors voted for Chief Executive Officer Elon Musk’s compensation package and moving the company’s state of incorporation to…
OPEC may soon lose its sway over global oil prices, IEA says
A looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum Exporting Countries and its…
Microsoft president to testify before House panel over security lapses
Microsoft President Brad Smith will testify before a House of Representatives panel on homeland security on Thursday, fielding questions about…
Amazon, Vrio to launch satellite internet in South America
Amazon and telecommunications firm Vrio will jointly launch a satellite internet service in seven South American countries, the two parties…
Meta Faces Complaint Over Training AI on User Data
Meta Platforms Inc. was hit with a Norwegian complaint over its plans to use the images and posts of users…
Tesla shareholder sues Musk to return billions in alleged unlawful profits
Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit…
Oil to rise to $86 per barrel this quarter on ‘solid summer demand
Oil prices are expected to jump this summer on demand for transportation and cooling. Goldman Sachs analysts forecast Brent crude…