Tag Archives: Billion

Mark Zuckerberg, CEO of Meta, testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis,” in the Dirksen building on Jan. 31, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion …

A rendering shows a high-speed rail train as it enters a station during an informational open house by the California High-Speed Rail Authority at the Hilton DoubleTree in downtown Fresno, California, on Wednesday, May 1, 2024. Craig Kohlruss | Fresno Bee | Tribune News Service | Getty Images Transportation Secretary Sean Duffy has formally terminated $4 billion in federal funding …

Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy litigation  Reuters Meta Investors Settle Lawsuit With Zuckerberg, Company Officials  Bloomberg.com Meta investors, Zuckerberg reach settlement to end trial over Facebook privacy litigation  Yahoo Finance Trial begins against Meta CEO Mark Zuckerberg, others over alleged Facebook privacy violations  CBS News Former Biden chief of staff testifies during $8B Facebook privacy lawsuit …

Trump revokes $4 billion from California high-speed rail project  The Washington Post Trump administration pulls $4 billion from California high-speed rail project  CNBC Trump rescinds $4 billion in US funding for California High-Speed Rail project  Reuters Governor Newsom responds to Trump’s latest gift to China: Defunding America’s only high-speed rail  Governor of California (.gov) Trump pulls $4 billion in funding for California bullet train …

A remarkable 2.35 billion year old meteorite found in Africa in 2023 has opened a new window into the Moon‘s volcanic history, filling a gap in our understanding of how Earth’s closest neighbour evolved over billions of years. The meteorite, officially named Northwest Africa 16286 (gets award for catchiest meteorite name!) represents the youngest basaltic lunar meteorite ever discovered on …

Shares of ASML, the Dutch semiconductor equipment giant, tumbled 11% on Wednesday after the company announced it could no longer confirm that it will grow in 2026. The drop wiped out over $30 billion in market value and sent shockwaves through global tech markets, as investors digested the implications for the broader semiconductor and AI industries. The selloff followed ASML’s …

Canadian Retailer Couche-Tard Abandons Its $47 Billion Bid to Buy 7-Eleven  The New York Times Shares in Japan’s Seven & i plunge 7% after Couche-Tard withdraws $47 billion takeover bid  CNBC Canadian Suitor of 7-Eleven Owner Abandons Its Multiyear, $47 Billion Bid  The Wall Street Journal Alimentation Couche-Tard drops its $46bn pursuit of 7-Eleven owner  Financial Times Doubts About 7-Eleven US IPO Emerge After …

WASHINGTON (AP) — The Senate is poised to pass Donald Trump’s request to cancel about $9 billion in foreign aid and public broadcasting spending, moving forward on one of the president’s top priorities despite concerns from several Republican senators. The legislation, which would go next to the House, would have a tiny impact on the nation’s rising debt but could …

WILMINGTON, Del. (AP) — An $8 billion class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — began Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm. Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users’ personal information would …

Trump rescinds $4 billion in US funding for California High-Speed Rail project  Reuters Trump rescinds $4bn in US funding for California high-speed rail project  The Guardian Governor Newsom responds to Trump’s latest gift to China: Defunding America’s only high-speed rail  Governor of California (.gov) Trump administration pulls billions in funding for high-speed rail project; state leaders call decision ‘illegal’  Los Angeles Times Trump pulls …