Technology

Meta Scam Ad Revenue to Hit Shocking $16 Billion

Internal Meta documents reviewed by Reuters reveal that Mark Zuckerberg’s company expects to generate a staggering $16 billion—roughly 10 percent of its projected 2024 revenue—from ads promoting scams and banned products.

OpenAI Government Backstop Demand Sparks Outrage

OpenAI CFO Sarah Friar triggered a wave of criticism this week after suggesting the company wanted the U.S. government to serve as a financial “backstop” for its infrastructure investments.

Michael Burry Bets $1B Against Nvidia & Palantir, AI Crash Incoming?

Hedge‑fund legend Michael Burry, known for forecasting the 2008 housing‑market collapse, is betting big against two of the hottest names in tech: Nvidia and Palantir Technologies.

Norway’s Mega Fund Slams Musk’s $1 Trillion Tesla Payout Plan

In a dramatic move, Norway’s sovereign wealth fund—the world’s largest and a major Tesla shareholder.

Waymo CEO Admits Fatal Crashes Are Inevitable with Self-Driving Cars

Waymo Co-CEO Tekedra Mawakana says society will accept the eventual deaths caused by self-driving cars as part of the cost of innovation.

Trump Told Nvidia to Build in America, And They Did

Nvidia CEO Jensen Huang announced this week that the company will build seven new supercomputers for the U.S. Department of Energy — all using American-made chips.

TikTok Shake‑Up, Trump Strikes Huge Deal with China

The United States and China have reached a final agreement to transfer majority ownership of TikTok to American hands.

Guillermo del Toro, ‘I’d Rather Die’ Than Use AI in Films

Oscar-winning filmmaker Guillermo del Toro declared he will never use AI-generated video in his movies.

Eight Sleep Bedowners Roasted in AWS Outage Nightmare

A major Amazon Web Services (AWS) outage on October 20 exposed the dark side of the so-called “smart home” revolution.

Tesla Earnings Call Disaster, Investors Left Stunned

Tesla’s third-quarter earnings call disappointed investors as CEO Elon Musk focused heavily on futuristic projects like robotaxis and humanoid robots.

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