Meta's Zuckerberg Grilled in Court as FTC Dubs Facebook a Monopolist in Antitrust Showdown
Mark Zuckerberg testified in an FTC-led antitrust trial against Meta, which has been accused of monopolistic practices by buying companies such as Instagram and WhatsApp. Meta refutes the claims, citing competition from various platforms.
SignalFire Secures Over $1 Billion to Empower AI Startups, Elevates AUM to $3 Billion Amidst Tech Revolution
SignalFire raised over $1 billion for early-stage AI startups, reaching $3 billion in assets under management, with a focus on being the first investor and leveraging their AI-driven platform, Beacon AI, to identify talent and trends.
San Francisco-Based Niantic Announces 68 Job Cuts Amid Shift to 'Niantic Spatial'
Niantic, creator of "Pokémon Go," is restructuring, resulting in 68 job cuts in San Francisco. The company is transitioning to a new focus on geospatial AI with its Niantic Spatial division.
Revel Launches First High-Speed EV Charging Station in San Francisco's Mission District Amidst Bay Area Expansion
Revel launched its first EV fast-charging station in San Francisco, expanding its network with plans to add more chargers as local EV sales outpace national averages.
23andMe Enters Chapter 11 Bankruptcy, Co-Founder Anne Wojcicki to Bid for Company Amid Restructuring
23andMe initiated a voluntary Chapter 11 bankruptcy process and is undergoing a court-supervised sale. CEO Anne Wojcicki steps down to potentially bid for the company.
Bay Area's CARGO Therapeutics Cuts Workforce by 90%, Halts Drug Development Amid Financial Struggles
CARGO Therapeutics is downsizing staff and pausing drug development after a failed Phase 2 study, with Anup Radhakrishnan appointed as interim CEO. The company's value has dropped significantly.
Apple Sets Eyes on Real-Time Translation Feature for AirPods in Upcoming iOS 19 Update
Apple is working on a live translation feature for AirPods to be released with iOS 19, competing with Google's Pixel Buds which had a similar feature since 2017.
Nokia Acquires Optical Networking Firm Infinera, Aiming to Boost Data Center Influence and Spark Innovation
Nokia has completed its acquisition of Infinera, aiming to become an optical networking leader and enhance its data center offerings for AI and cloud services. The merger is expected to create an "innovation powerhouse."
Sam Altman's Startup World Eyes Massive Expansion with Potential 70,000 Sq Ft Lease in San Francisco's Mission Bay
Sam Altman's startup World is close to leasing 70,000 sq ft in San Francisco's Mission Bay for its cryptocurrency project involving retina-scan digital identities.
Cruise Slashes Workforce by Almost 50% Amid Shift in GM's Autonomous Vehicle Strategy
Cruise is downsizing by nearly half its workforce after GM changed focus to Super Cruise and personal autonomous vehicle tech, affecting around 1,000 employees.
Google Maps to Embrace "Gulf of America": Tech Giant Bows to Trump's Patriotic Renaming Crusade
Google will update U.S. map names in line with Trump's executive order, changing "Gulf of Mexico" to "Gulf of America" and Denali to "Mount McKinley."












