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GM sues San Francisco, seeking $121 million in back taxes, penalties
New York Post· 2023-12-28 13:39
General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging that it was charged a higher tax bill than warranted because its Cruise self-driving car unit was improperly used to make the calculations.In the case filed in California Superior Court in San Francisco, GM is seeking $108 million in back taxes over the course of seven years, as well as $13 million in penalties and interest, according to the complaint. The Detroit automaker said San Francisco-based Cruise ...
Amazon to run ads on Prime Video — unless subscribers pay more
New York Post· 2023-12-28 10:42
Amazon is warning Prime Video subscribers that they will soon see a limited number of ads while watching movies or TV shows — unless they’re willing to cough up another monthly fee.In an email to subscribers this week, Amazon said it would begin to show “limited advertisements” on its main streaming platform on Jan. 29. Customers can receive ad-free service if they are willing to pay an additional $2.99 per month.“This will allow us to continue investing in compelling content and keep increasing that inves ...
Disney sues DeSantis-picked board in long-running legal war
New York Post· 2023-12-27 14:11
The Walt Disney Company fired another salvo at Florida Gov. Ron DeSantis in their bitter feud, suing his hand-picked board for allegedly failing to release documents and preserve public records as required by state law.In a lawsuit filed in Florida state court on Friday, Disney accused the newly-created Central Florida Tourism Oversight District of dragging its feet in producing email correspondences between its members.DeSantis had dissolved Disney’s semi-autonomous tax district that had jurisdiction over ...
Senators demand Tesla recalls over defective parts, slam Elon Musk for blaming customers
New York Post· 2023-12-27 12:22
Two senators have written to Elon Musk, Tesla’s top executive, calling on him to “swiftly” recall any steering and suspension parts that pose a safety risk.The letter cites “an alarming” Reuters investigation published on Dec. 20 that exposed how Tesla has blamed drivers for frequent failures of components it has long known were defective.“We write with extreme concern following recent reporting about Tesla’s knowledge of safety flaws in its vehicles and concealment of the causes of these flaws from the Na ...
Apple wins appeal to pause smartwatch import ban over patent dispute
New York Post· 2023-12-27 12:10
Apple scored a victory on Wednesday as a US appeals court paused a government commission’s import ban on some of its popular Apple smartwatches following a patent dispute with medical-technology firm Masimo.The tech giant had filed an emergency request for the US Court of Appeals for the Federal Circuit to halt the order after appealing the US International Trade Commission’s (ITC) decision that it had infringed Masimo’s patents.Representatives for Apple and Masimo did not immediately respond to requests f ...
New York Times sues OpenAI, Microsoft for using articles to train ChatGPT, other AI models
New York Post· 2023-12-27 09:15
The New York Times slapped ChatGPT creator OpenAI and its chief backer Microsoft with a federal copyright infringement lawsuit on Wednesday after “millions” of its articles were allegedly used to train the firms’ popular AI chatbots.Filed in Manhattan district court, the lawsuit alleges that OpenAI and Microsoft made “unlawful use” of the Gray Lady’s copyrighted work to create artificial intelligence products that compete with it and threaten The Times’ ability to provide that service.The newspaper “seeks ...
Biden administration bans imports of latest version of Apple Watch as company files appeal
New York Post· 2023-12-26 12:40
Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint from medical monitoring technology company Masimo, after President Joe Biden’s administration declined to veto a government tribunal.The tech giant also filed an emergency request on Tuesday for the US Court of Appeals for the Federal Circuit to halt the ban.It asked the Federal Circuit to pause the ban at least until US Customs and Border Protection decides whether redesigned versions of its watches infringe Masimo’s p ...
Nancy Pelosi, husband betting millions on Nvidia despite scrutiny of congressional stock trading
New York Post· 2023-12-25 14:54
Former House Speaker Nancy Pelosi and her venture capitalist husband are once again betting big on AI software giant Nvidia after dumping their shares in the company amid scrutiny of congressional stock trading, according to new filings.The X account known as Congresstrading, which tracks stock trades executed by lawmakers on Capitol Hill, published a screenshot of a disclosure form that showed that Pelosi, the San Francisco Democrat, and sitting congresswoman, bought 50 call options with a strike price of ...
Inside Disney's disastrous year of box office flops
New York Post· 2023-12-25 12:48
2023 marked Disney’s 100th anniversary of making movie magic. It also marked a disastrous year at the box office. Out of eight major theatrical releases from Disney this year, seven of them significantly underperformed with audiences not just in the U.S. but overseas as well. A look back at the rough year for the House of Mouse:Superhero slumpOne of the most popular film franchises in the 21st century has been the Marvel Cinematic Universe. Ever since 2008’s “Iron Man,” Disney’s catalog of superheroes and ...
Apple reportedly exploring AI deals with news publishers — and willing to pay millions
New York Post· 2023-12-22 19:29
Apple has opened negotiations in recent weeks with major news and publishing organizations, seeking permission to use their material in the company’s development of generative artificial intelligence systems, the New York Times reported on Friday.The iPhone maker has floated multiyear deals worth at least $50 million to license the archives of news articles, according to the report, which cited people familiar with the discussions.The news organizations contacted by Apple include Condé Nast, publisher of Vo ...