$44 billion
X’s CEO tells staff data will show efforts to fight hate, as advertisers flee
Social media company X CEO Linda Yaccarino told employees that “data will tell the real story” about its efforts to battle antisemitism.
$86 billion valuation
Microsoft emerges as big winner from OpenAI turmoil with Altman on board
Microsoft emerged on Monday as the big winner of the upheaval at OpenAI, hiring ousted CEO Sam Altman and other key staff of the startup.
AAPL.O
US lawmakers question Apple over Jon Stewart’s China content
U.S. lawmakers asked Apple Inc to explain the abrupt end of political comedian Jon Stewart’s television show on its streaming service.
Alphabet
Microsoft, Google will not challenge EU gatekeeper status
Microsoft and Google will not challenge an EU law requiring them to make it easier for users to move between competing services.
Abril Elfi
Apple To Pay $25 Million In Discrimination Settlement
Apple is set to pay $25 million in a settlement brought by the United States Department of Justice (DOJ) that claimed that the corporation improperly preferred hiring immigrants over American citizens or green card holders, according to media reports.
Ai Pin
Wearable ‘Ai Pin’ launched by Humane, backed by ex-Apple execs and Microsoft
Humane released a $699 device that aims to bring cutting-edge artificial intelligence to a lapel near you.
Apple
Musk’s X has a fraction of rivals’ content moderators, EU says
X has just 2,294 content moderators to ensure users comply with EU online content rules.
Amazon
Apple suffers setback in fight against EU’s $14 billion tax order
An adviser to Europe’s top court said an EU tribunal made legal errors when it ruled in favor of Apple.
Alphabet
US consumer watchdog proposes rules for Big Tech payments, digital wallets
US watchdog proposes rules for Big Tech payments and digital wallets, aiming for consumer safeguards.
10-year Treasury note yield
S&P 500, Nasdaq score longest win streak in 2 years on rates view
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.