A New Mexico judge ordered Meta to pay $567 million into an abatement fund on Thursday, ruling that the company's platforms are a significant contributing factor to a youth mental health crisis — the latest in a series of child safety cases the company faces nationwide.
Grindr reported second-quarter revenue of $138 million, up 33% year over year, and raised its 2026 guidance as CEO George Arison said the company's AI investment is delivering measurable gains in engineering output and subscription growth.
Jeff Dean is leaving Google after 27 years to co-found Discovery Loop alongside Sanjay Ghemawat, Oriol Vinyals, and Quoc Le, extending a string of senior AI researcher departures even as Google Cloud reported 82% revenue growth in the second quarter.
Ford Motor has announced its new midsize electric pickup truck will start at $28,350 and carry the name "Fathom," with preorders opening in early 2027 and deliveries expected later that year.
Evercore ISI reiterated its outperform rating and $300 price target on DoorDash Thursday, pointing to a surge in DashPass subscribers and accelerating order growth as signals that the stock has roughly 45% upside from current levels.
SoftBank beat first-quarter profit expectations with $2.2 billion in net income, fueled by a $8.2 billion gain on its Intel stake, while its OpenAI investment contributed zero gain or loss for the period.
The Justice Department's Civil Rights Division announced that OpenAI and former subsidiary Statsig signed a $3.2 million settlement covering alleged immigration law violations, placing both companies under three years of federal oversight of their green-card hiring practices.
Ford Motor has announced its new midsize electric pickup truck will start at $28,350 and carry the name "Fathom," with preorders opening in early 2027 and deliveries expected later that year.
Evercore ISI reiterated its outperform rating and $300 price target on DoorDash Thursday, pointing to a surge in DashPass subscribers and accelerating order growth as signals that the stock has roughly 45% upside from current levels.
SoftBank beat first-quarter profit expectations with $2.2 billion in net income, fueled by a $8.2 billion gain on its Intel stake, while its OpenAI investment contributed zero gain or loss for the period.
Grindr reported second-quarter revenue of $138 million, up 33% year over year, and raised its 2026 guidance as CEO George Arison said the company's AI investment is delivering measurable gains in engineering output and subscription growth.
Jeff Dean is leaving Google after 27 years to co-found Discovery Loop alongside Sanjay Ghemawat, Oriol Vinyals, and Quoc Le, extending a string of senior AI researcher departures even as Google Cloud reported 82% revenue growth in the second quarter.
The Justice Department's Civil Rights Division announced that OpenAI and former subsidiary Statsig signed a $3.2 million settlement covering alleged immigration law violations, placing both companies under three years of federal oversight of their green-card hiring practices.
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