Meta and Apple are facing scrutiny about privacy and child safety on their services. Unsealed documents in Meta's New Mexico case showed employees mentioning some 7.5 million child sexual abuse material reports that wouldn't be disclosed after the move to encryption on Messenger.
The fiscal year 2026 signifies a significant divide in the AI aspirations of Big Tech. Amazon is investing $200 billion in capex – mainly for AI infrastructure – while Alphabet (Google) aims for $175–185 billion, nearly double last year's figure, and Meta Platforms has plans for $115 to $135 billion.
West Virginia Attorney General JB McCuskey joins 'Squawk Box' to discuss the state's lawsuit against Apple for allegedly failing to stop child sexual abuse material on iOS devices.
Alphabet Inc.'s Google and Apple Inc. are adding music-focused generative artificial intelligence features to their core consumer apps, underscoring how advanced AI tools are moving into mainstream use.
West Virginia's attorney general alleges that iCloud's end-to-end encryption is being used to store and distribute child sexual abuse material.
Apple TV has signed a distribution agreement with EverPass Media to bring the streamer's live sports content to businesses such as bars, restaurants, hotels and gyms, the commercial sports content provider said on Thursday.
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Meta has reportedly resurrected its smartwatch project, aiming to release the device this year. That's according to a report Wednesday (Feb. 19) from The Information, which notes that the company's efforts are happening as its Big Tech peers like Apple, Google and OpenAI are also planning new consumer device launches.
Apple is reportedly expanding its car keys wallet feature with carmaker Toyota launching support for the tool. According to a report Tuesday (Feb. 17) from Apple-focused news website 9to5Mac, the tech giant had named 13 new carmakers who had signed on to add the car key feature soon.
Berkshire Hathaway Inc (NYSE:BRK.A) has sold more than three-quarters of its stake in Amazon and initiated a new investment in The New York Times, according to a regulatory filing released after market close Tuesday. The conglomerate cut its Amazon holding by 77% in the latest quarter, reducing the position from 10 million shares to about 2.28 million shares.
In his last quarter as CEO of Berkshire Hathaway (NYSE: BRK-B), Warren Buffett remixed his portfolio, as he always does.
Over the past week, Apple ( NASDAQ:AAPL | AAPL Price Prediction) shares have fallen by more than 4% despite posting its strongest quarter on record, a paradox that highlights investor concerns about the company's cautious AI strategy.