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Next month, a much-anticipated Federal Trade Commission trial against Meta Platforms is expected to kick off in a federal courtroom in Washington. If the government gets its way, the trial could end up forcing Meta to sell one or both of its most popular apps, Instagram and WhatsApp, but it will likely take months or years before thatâs known.
But the trial is already having an impact on how Meta operates. Chief Marketing Officer Alex Schultz recently told his staff he would temporarily relocate to Washing
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more âș
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By David Stephen In the brain, there are ion channels, synaptic vesicles opened at the cleft, there are also receptors. If certain ion channels are inhibited or induced, there would be functional or experiential affect. If receptors are blocked because some other molecule binds there first, or somehow vesicles are impeded, there will also be experiential or functional [âŠ] Read more âș
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This is Optimizer, a weekly newsletter sent from Verge senior reviewer Victoria Song that dissects and discusses the latest gizmos and potions that swear they're going to change your life. Opt in for Optimizer here. On TikTok, the tanned youths are explaining why they no longer wear sunscreen. In one video, a young man films [âŠ] Read more âș
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Nothing launched the CMF Phone 2 Pro in April of last year, and its successor is still nowhere to be seen. Last month we heard that the CMF Phone 3 Pro would arrive in the third quarter of the year, with the most likely release window being August to September. Unfortunately, that's not happening anymore. Nothing co-founder Akis Evangelidis has revealed that there will be no CMF phone launch this... Read more âș
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For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valleyâs ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Franciscoâbased concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance perceived as a wonder drug among wonder drugs: retatrutideâor reta for short. Like GLP-1s such as Wegovy and Ozempic, reta is a peptide-based drug, but... Read more âș
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SpaceX shares started trading at $150 per share around mid-day on Friday, up 11% from the companyâs initial public offering price of $135. Shares of the company climbed shortly after trading began, reaching about $165 shortly after noon. The offering makes SpaceX CEO Elon Musk the worldâs first ... Read more âș
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As Microsoft gets ready to overhaul its struggling Xbox gaming unit, it hasnât ruled out spinning out or restructuring the unit as a wholly-owned subsidiary, which could make it easier to sell, or creating a joint venture with other partners, according to three people with direct knowledge of the discussions. Microsoft doesnât have any imminent restructuring plans, but those options are on the table, the people said. While Xbox CEO... Read more âș
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Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employeesâ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track employee AI usage and spending in real time, set budgets and establish limits on employeesâ token spend, according to... Read more âș
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High up in Goldman Sachsâ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceXâs IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the SpaceX IPO was anything but normal. For seven months, Wall Streetâs premier investment banks had raced to keep up with a whirlwind of changes demanded... Read more âș
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Crypto platforms Binance, Bybit and Bitget said Friday they had to cancel plans to offer tokens backed by SpaceX stock to overseas investors during the IPO after their partner in the venture, Kraken-owned xStocks, couldnât secure enough SpaceX stock. The episode is a setback for crypto ... Read more âș
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Roku is in discussions to be acquired by another company, Bloomberg reported, sending shares of the streaming device maker up 20%. At the higher price, Reddit has a market capitalization of $21 billion. The idea that Roku might be acquired isnât new. Rokuâs ability to survive as a standalone ... Read more âș
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Anthropic announced in a blog post Friday night that customers could no longer access its advanced models, Fable 5 and Mythos 5, following a U.S. government order over national security concerns. The company also disabled access for foreign-national employees. The company said it had received an ... Read more âș
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In early April, a staffer for Sam Liccardo, a freshman congressman representing the heart of Silicon Valley, got a call from a reporter telling them he was about to receive an endorsementâfrom Leading the Future, the $125 million political action committee funded by Andreessen Horowitz, OpenAI President Greg Brockman and Palantir billionaire Joe Lonsdale. It was the first Liccardo and his team had heard about the support. Under normal circumstances,... Read more âș
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