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Venture capital investors and private equity firms poured $3.1 billion to fund 144 deals in the L.A. area in the first quarter of this year, up 15% from a year ago.
The lawsuit accuses the social media giant of profiting from Eminem’s music without obtaining the proper license.
The legislation shows how California lawmakers are trying to address concerns raised by parents about their children’s use of AI chatbots.
The professional social network is owned by Microsoft, which announced earlier this month that it was slashing 3% of its global workforce.
Salesforce says the acquisition will help the San Francisco software company, which provides tools to help businesses manage sales and customer data, ramp up its AI efforts.
Tech companies such as OpenAI and Google as well as payment services are doubling down on their efforts to get people to use AI-powered tools to shop, but the experiments are still early.
President Trump threatened to impose a tariff of at least 25% on Apple if the smartphone maker doesn’t build and manufacture iPhones in the United States.
As OpenAI competes with tech giants such as Google, Meta and Apple, it’s recruiting some of the most well-known figures in the tech industry.
Coinbase’s S&P 500 debut comes after the company disclosed a cyberattack and is facing an investigation by the U.S. Securities and Exchange Commission.
The technology company, headquartered in Washington, is cutting 122 workers in Silicon Valley. The layoffs heavily affected software engineering roles.
