By Foo Yun Chee BRUSSELS, Dec 5 (Reuters) – Elon Musk’s social media company X was fined 120 million euros ($140 million) by EU technology regulators on Friday for violating EU rules on online content, the first sanction under landmark legislation likely to draw the ire of the U.S. government. Rival TikTok set up a … Read more
It used to be that once your star had fallen in Donald Trump’s orbit, it was destined never to rise again. Any number of discarded former allies stretching back to Trump’s first term can testify to that much. One who came out of a political black hole to return to the president’s firmament is the … Read more
Short seller Michael Burry just took a swipe at another richly valued stock: Tesla (TSLA). Burry, who rose to fame shorting the housing market during the 2008 financial crisis, dubbed the EV maker “ridiculously overvalued” in a Substack post on Sunday. Business Insider was the first to report on Burry’s latest missive. His post took … Read more
Elon Musk he spends a lot of time talking about Mars, but every now and then he swings back to the planet that actually needs saving, not colonization. A few weeks ago, he jumped on X with a proposal that sounded part climate engineering, part sci-fi storyboard. He suggested that a vast constellation of AI-driven … Read more
Illustration by Tag Hartman-Simkins / Futurism. Source: Ezra Acayan / Getty Images With so much AI buzz in the air these days, there are many sensationalist claims about the effect of the technology on the job market. One prevailing narrative – and perhaps the driving financial incentive behind AI – is that AI is set … Read more
On Tuesday, Sen. Bernie Sanders (I-Vt.) raised alarm over the concentration of media power in the hands of a few ultra-wealthy individuals. Sanders Warns of Media Oligarchy in the United States Sanders took it to X to outline his concerns, noting that in authoritarian societies, the media is often controlled by a small group. He … Read more