Author: arthursheikin@gmail.com

[ad_1] Reuters  —  New York and more than two dozen other US states sued 23andMe to challenge the sale of its customers’ private information after the genetic testing company filed for bankruptcy in March. Twenty seven states, including Pennsylvania, Michigan and Florida, and the District of Columbia filed the lawsuit on Monday in 23andMe’s US bankruptcy proceedings in Missouri, seeking a declaration that it cannot sell customers’ genetic data without their consent. California-based 23andMe in a March bankruptcy filing said it was seeking to sell its business at auction after a dip in consumer demand and a data breach in…

[ad_1] New York CNN  —  The latest celebrity start-up trend is no longer tequila. It’s telecom. Actors Sean Hayes, Will Arnett and Jason Bateman — who host the popular “SmartLess” podcast — are launching a wireless service as an alternative to pricier unlimited data plans from major carriers like Verizon, T-Mobile or AT&T. The decision to start the company, called SmartLess Mobile, came from a simple realization: while industry giants generally push unlimited plans, most people don’t actually use that much data. Even if they’re glued to their phones. “Most Americans spend almost 90% of their time under Wi-Fi. Their…

[ad_1] CNN  —  General Motors said on Tuesday that it would invest $4 billion into three US plants to boost production of gas and electric vehicles, as a 25% tariff on imported cars by President Donald Trump threatens the bottom lines of automakers that sell in the United States. It was not immediately clear how much of the $4 billion had already been announced or committed. The automaker’s plan reflects the rush by manufacturers to invest in the United States to sidestep Trump’s tariffs – or at least to make splashy, eye-catching announcements that could win them a reprieve. GM…

[ad_1] Bitcoin made an all-time high in May, retreated approximately 10% in the following nine days, and in just the past three days it traded back near those levels. We hold the iShares Bitcoin ETF (IBIT) in two of our growth-focused portfolios at Inside Edge . With such strong fundamental, macro and technical backdrops, I think it’s time to increase the position size for our investors. To start, let’s outline three fundamental reasons why bitcoin is reapproaching all-time highs. Strong institutional demand: The adoption of the IBIT ETF has been nothing short of historic, shattering inflow records. IBIT hit $70…

[ad_1] Apple’s stock price has been bleeding this year, and it looks unlikely that the company’s big “Liquid Glass” design overhaul will be anything more than a Band-Aid.Wall Street was largely unimpressed by the announcements at Apple’s Worldwide Developers Conference on Monday, where the company showed off its glass-like software design coming this fall to Apple’s gadget lineup.While the sleek look has its fair share of early fans, the elephant in the room was Apple’s continued challenges and delays in catching up in the AI race.Apple is known to take a slow-and-steady approach — “Not first, but best,” as CEO…

[ad_1] A day after Apple announced operating system overhauls at WWDC 2025, Google launched its own set of major software upgrades for phones. Starting Tuesday, a new release of Android 16 is rolling out to Google’s Pixel smartphone lineup, adding group chat to RCS, AI-powered edit suggestions to Google Photos, and support for corporate badges in Google Wallet. The release also focuses on better accessibility support and improved customization for messaging and contacts. Separate from Android 16, Google also announced upgrades as a part of its regular feature updates for eligible Pixel phones, “Pixel Drop.” Android 16 improvements Android 16…

[ad_1] The AI talent wars are reaching a fever pitch.Upstart AI research labs and tech industry giants alike have heightened their efforts to recruit top AI talent over the past few years.Naveen Rao, DataBricks’ vice president of AI, has equated the scramble for top-tier AI talent to “looking for LeBron James,” estimating there are fewer than 1,000 researchers capable of building frontier AI models.Startups that lack the financial resources to offer attractive pay packages like their Big Tech peers are turning to hackathons to find budding talent in the AI sector.The race to attract the best AI talent has led CEOs…

[ad_1] A leaked TikTok document reveals the company’s guidance to managers on conducting performance reviews — and what they shouldn’t tell their teams.The company and its owner, ByteDance, conduct reviews twice a year, and executives set targets for the distribution of team scores based on business priorities. But if you’re a TikTok manager, you shouldn’t talk about the rating curve with employees or call it a “forced distribution,” according to the document.”The messaging to management or to the employee is that we do not have forced distribution,” one staffer said, but “every cycle we do get ‘guidance” on scoring.The document,…

[ad_1] CNN  —  ABC News is parting ways with veteran correspondent Terry Moran, two days after he posted a missive on X calling President Donald Trump and deputy chief of staff Stephen Miller “world-class haters.” The network said Tuesday afternoon that Moran’s contract was about to expire, and “based on his recent post — which was a clear violation of ABC News policies — we have made the decision to not renew.” “At ABC News, we hold all of our reporters to the highest standards of objectivity, fairness and professionalism, and we remain committed to delivering straightforward, trusted journalism,” an…

[ad_1] Cognizant CEO Ravi Kumar runs a 350,000-person IT services company — and he isn’t sold on Anthropic CEO Dario Amodei’s theory that AI will slash entry-level white-collar jobs in half.Kumar, a former nuclear scientist, told Business Insider that he has a “whole thesis” that bets on the opposite outcome — that AI will create more jobs for recent graduates, or “freshers,” as he likes to call them.”My argument is you probably need more freshers than less, because as you have more freshers, the expertise levels needed goes down,” Kumar told BI.As the CEO of a company that employs hundreds…