Tech Brew Ride Home Wed. 10/25 – Boo! Tech Earnings Snuck Up On Us!
Oct 25, 2023
Meta faces a substantial lawsuit from 42 states over allegations of addictive features targeting kids. Meanwhile, California has halted Cruise's autonomous vehicle testing due to safety concerns. Qualcomm is pushing the boundaries of audio technology with innovative earbuds capable of AI-enhanced sound experiences. In another arena, tech giants Alphabet and Microsoft report varied earnings, with market reactions reflecting their contrasting performances. Lastly, the trial of Sam Bankman-Fried hangs in the balance, as witness testimonies could determine his fate.
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Meta Lawsuits
- Meta is facing lawsuits from 42 attorneys general.
- They allege that Facebook and Instagram's features are addictive and target children and teens.
Cruise Suspension
- California's DMV suspended Cruise's driverless testing permits after an incident.
- Cruise withheld video footage of a pedestrian getting stuck under a robotaxi.
Waymo vs. Cruise (Anecdotal)
- Many San Franciscans on Hacker News voiced that Waymo's robotaxis feel safer than Cruise's.
- Several commenters claim to exclusively use Waymo due to these safety concerns.