San Francisco is suing the Trump Media & Technology Group, the parent company behind Truth Social, for selling early access to President Donald Trump’s posts on the social media site. The lawsuit, filed today in California state court, alleges that the Truth API feed is a “corrupt business scheme” that violates both California’s Unfair Competition
CBS News is getting employees hyped about the first full season of “60 Minutes” under top editor Bari Weiss, months after a string of high-profile exits. “We don’t often send notes to the whole newsroom. But today calls for it. It’s a big moment for 60 Minutes and CBS,” newsroom leaders, including Weiss, wrote about
New electric vehicle sales data released today by the Electric Vehicle Council shows a another great month for EV sales, led significantly by Tesla. The report features just Tesla and Polestar, with EV sales of other brands to arrive in the coming days when the Federal Chamber of Automotive Industries publishes August VFACTS report. Combined,
One of the oldest rules in tech pay still looks like one of the smartest. Levels.fyi, a company that tracks compensation across the industry, recently analyzed what would have happened to the same senior Microsoft software engineer pay package in two scenarios. In one, the employee sold their stock as it vested and reinvested the
A sales force of more than 100 agents allegedly cold-called thousands of prospective investors with sleek, scripted pitches for shares in the most exclusive private tech companies in the world, including SpaceX, Anduril, Anthropic, and Perplexity, while promising repeatedly there would be no hidden fees. The agents worked for The Spaventa Group (TSG), a Long
SpaceX stock rose on Monday to reclaim an important milestone: its $135 IPO price. The stock jumped back above that threshold on Monday, rising to close 4% higher at $138.74 after struggling to mount a decisive gain early in the session. Shares are up more than 25% in August, and a 15% rally on Friday
