Tag: Big Tech
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Nvidia CEO Jensen Huang Resigns. The China Chip Questions Remain.
Jensen Huang resigned as Nvidia’s CEO after reports tied him to a former Megaspeed executive U.S. authorities believe was a Chinese intelligence asset. CFO Colette Kress is interim CEO. The bigger questions are about China chip exports, a stalled Commerce probe and the 401(k)s that own Nvidia.
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Intel Lost Nearly 30% in a Day. Wall Street Wants AI Receipts.
Intel plunged nearly 30% and the Nasdaq headed for its worst day since June as investors balked at Big Tech’s cash-burning AI spending. Here’s why the market is doing its job, what it means for your 401(k), and why taxpayers shouldn’t be on the hook.
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Nearly Half of Tweens Have Used AI Chatbots. A Bot Isn’t a Friend.
Nearly half of 9- to 12-year-olds have used an AI chatbot, and many teens turn to one when they’re lonely or stressed. New York just banned bots from posing as human with kids. Here’s what the new research shows, what the law does, and why parents still have to lead.
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Microsoft Offers 60,000 Workers a Buyout. That Beats a Pink Slip.
Microsoft offered voluntary buyouts to about 60,000 employees, roughly 27% of its workforce, as it pours money into AI data centers. A voluntary exit beats mass layoffs, the AI bet belongs to shareholders, and Washington should stay out.
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Anthropic’s IPO Could Break Records. Read the Fine Print First.
Anthropic filed for what could be the biggest IPO ever. Letting ordinary investors own a piece of AI is a win for free markets, but the S-1 shows an $80.7 billion half-year loss, a public-benefit mission, and founders holding 50.1% of the votes.
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Greece Banned Social Media for Kids. America Should Hand Parents the Keys.
Greece just banned social media for kids under 15, and a federal appeals court has cleared Florida and Georgia to enforce their own limits. Here’s the conservative case for protecting kids while keeping parents, not the state, in charge.
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Facebook Lied. A $25 Billion Fine Still Goes Too Far.
A New Mexico judge ordered Meta to pay $25 billion over Facebook’s Cambridge Analytica deception. Facebook earned the scrutiny, but a penalty this size from one state sets a dangerous precedent.
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Big Tech Wants the Power. Your Family Shouldn’t Get the Bill.
Utilities in Michigan, Illinois, and Georgia are spending billions to power data centers. Families should not pay for grid upgrades built to serve Big Tech. Here’s the conservative fix.
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