SpaceX has joined a growing cohort of companies that use dual class share structures to ensure many shareholders have little say in how they are run.
Category: Meta Platforms Inc
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SpaceX IPO Shows How Investors in Public Companies Are Losing Power
The New York Times – Business: -
U.S. Presses Meta to Agree to A.I. Reviews
The New York Times – Business:Federal officials are urging the lone major tech company holdout to allow government safety evaluations, weeks after ordering Anthropic to pull its latest model.
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The Growing Anxiety Over AI, Jobs and the Future
The New York Times – Business:Layoffs linked to artificial intelligence are rattling workers and college graduates, stoking concerns worldwide that are showing up in polls.
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Meta’s Embrace of A.I. Is Making Its Employees Miserable
The New York Times – Business:As it adapts to the artificial intelligence era, the company is pushing many of its 78,000 workers to use the technology, and preparing to lay some of them off.
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Meta Deal Reversal Deepens Split Between China and Silicon Valley
The New York Times – Business:Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up escalates the geopolitical fight over advanced tech.
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Meta Charged With Failing to Keep Children Off Instagram and Facebook in Europe
The New York Times – Business:European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law.
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Meta Charged With Failing to Keep Children Off Instagram and Facebook in Europe
The New York Times – Business:European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law.
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China Will Require Meta to Unwind Acquisition of AI Start-Up Manus
The New York Times – Business:The impact of the ruling was not immediately clear, but it could send a chilling signal to Chinese tech founders seeking to partner with foreign companies.
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A.I. Is Forcing More Belt-Tightening at Big Tech
The New York Times – Business:The growing expense of keeping up in the artificial intelligence race is driving technology companies, young and old, to costs.
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Microsoft Targets About 7% of Its U.S. Workers With Buyout Offer
The New York Times – Business:The tech giant is offering long-serving employees early retirements as it continues to invest aggressively in artificial intelligence.
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Elon Musk, Who Owns X, Appears to Post on TikTok
The New York Times – Business:A verified account with the @elonmusk handle also recently showed up on Instagram, as the billionaire prepares to take his rocket company SpaceX public.
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The Revival of the Fashion-Tech Love Affair
The New York Times – Business:Get ready for the return of wearables and a new stage in the fashion-tech relationship.