By Clint Rainey October 12, 2023 Way back in 2012, the Internal Revenue Service (IRS) launched the largest-ever audit in history, accusing Microsoft of stashing billions in offshore tax havens to dodge U.S. taxes. The agency had already been auditing the company, but for the next three years, it took perhaps the boldest, most … Continue reading Why Microsoft’s $29 billion tax bill could be the knockout punch in a decade-long fight with the IRS
By Mark Sullivan October 11, 2023 Welcome to AI Decoded, Fast Company’s weekly LinkedIn newsletter that breaks down the most important news in the world of AI. If a friend or colleague shared this newsletter with you, you can sign up to receive it every week here. The generative AI bill is coming due, and it’s … Continue reading The generative AI bill is coming due, and it’s not cheap
By Jessica Bursztynsky September 28, 2023 A New York State judge on Thursday denied Uber, DoorDash, and Grubhub’s attempt to block the city’s minimum-wage bill from going into effect, paving the way for certain gig workers to make at least $18 an hour. The bill was a novel attempt to ensure tech giants better … Continue reading Uber, DoorDash, Grubhub lose attempt to block NYC minimum-wage bill
By Yasmin Gagne July 03, 2023 As Elon Musk and Mark Zuckerberg continue to train for the fight no one asked for, new pictures of Musk taking podcast host Lex Fridman down on the mat in a sparring match have emerged—and he’s looking rather trim. This might be because of his continued use of … Continue reading Your employer could soon be footing your Ozempic bill
Twitter has reportedly refused to pay its Google Cloud contract Igor Bonifacic @igorbonifacic More platform instability could be in Twitter’s near future. In 2018, Twitter signed a $1 billion contract with Google to host some of its services on the company’s Google Cloud servers. Platformer reports Twitter recently refused to pay the search … Continue reading Twitter has supposedly started paying its Google Cloud bill again
Andrew Tarantola @terrortola For a product that its own creators, in a marketing pique, once declared “too dangerous” to release to the general public, OpenAI’s ChatGPT is seemingly everywhere these days. The versatile automated text generation (ATG) system, which is capable of outputting copy that is nearly indistinguishable from a human writer’s work, is … Continue reading Senate bill would hold AI companies liable for harmful content
By Chris Morris April 27, 2023 As concerns about the effects of social media on children’s mental health continue to grow, a bipartisan group of senators has introduced legislation that looks to put age limits on exactly who can log into Snapchat, Instagram, TikTok, and other sites. The Protecting Kids on Social … Continue reading A new Senate bill aims to put age limits on social media
The Justice Department is suing Google to break up its ad business Igor Bonifacic @igorbonifacic Alongside eight states, the US Department of Justice is suing Google to break up the company’s advertising business. In a complaint filed Tuesday with a federal court in Virginia, the agency accused Google of illegally monopolizing the digital advertising … Continue reading Senate bill seeks to break up Google and Meta ad businesses
Senate Democrats introduce bill to protect your online data Kris Holt @krisholt A group of 15 Democratic senators have unveiled a bill that aims to protect your online data. They noted that banks, doctors and lawyers are all required to protect your personal information, and argue websites, apps and other online services should also have … Continue reading Senators reintroduce bill to protect personal data online
New York’s governor signs watered-down right-to-repair bill Kris Holt @krisholt Almost seven months after the state legislature overwhelmingly passed a right-to-repair bill, New York governor Kathy Hochul has signed it into law. But Hochul only greenlit the bill after the legislature agreed to some changes. Hochul wrote in a memo that the legislation, as … Continue reading New York’s governor signs a weakened right-to-repair bill
