Tech Companies
Coverage of Tech Companies in the Nexus archive.
- San Francisco Bay Area dethroned as largest 'tech talent' market
A new report from CBRE shows that the size of New York's tech talent workforce has surpassed that of the San Francisco Bay Area for the first time. This change in market leadership occurred amid layoffs reported by tech companies.
- Parenting is hard. Should we let AI do it for us? | Dave Schilling
Tech companies are offering various artificial intelligence advancements, such as eye-movement trackers, personalized podcasts, and optimized nap predictions, to assist with parenting. OpenAI's boss, Sam Altman, suggests products for making child-rearing more efficient, like generating a podcast about a child’s life. The article questions the necessity and utility of these technological tools.
- Resistance grows nationwide against AI data center boom
Tech companies are building over 4,000 AI data centers nationwide to support AI initiatives, but communities are resisting due to environmental and financial concerns. Robert Costa of 'Sunday Morning' is examining the debate between opponents and AI advocates.
- Nolan Wells' mother subpoenas social media, tech companies seeking answers in her son's death
Nolan Wells' mother, Christine Wonsley, and her husband Elmore Wonsley subpoenaed social media and tech companies seeking answers about the teen's death. They sent the teen's body to Washington, D.C., for a private autopsy.
- Nolan Wells' mother subpoenas social media, tech companies seeking answers in her son's death
Nolan Wells' mother, Christine Wonsley, has subpoenaed social media and tech companies for answers related to her son's death. The parents sent the teen's body to Washington, D.C., for a private autopsy.
- Nolan Wells' mother subpoenas social media, tech companies seeking answers in her son's death
Nolan Wells' mother, Christine Wonsley, and her husband, Elmore Wonsley, subpoenaed social media and tech companies to seek answers regarding their son's death. They arranged for a private autopsy in Washington, D.C.
- Nolan Wells' mother subpoenas social media, tech companies seeking answers in her son's death
Nolan Wells' mother, Christine Wonsley, and her husband Elmore Wonsley have subpoenaed social media and tech companies to investigate their son's death. They arranged a private autopsy in Washington, D.C., for the teen's body.
- New York finalizes SAFE for Kids Act
New York finalized regulations for the SAFE for Kids Act, which prohibits tech companies from providing algorithm-driven content and late-night notifications to minors without parental consent.
- US bond yields face pressure
Investors are shifting from US Treasurys to tech company debt, particularly long-maturity bonds from AI hyperscalers, causing US 30-year bond yields to remain above 5% for an extended period. This trend increases the cost of financing US debt, which now exceeds $31 trillion, and contributes to higher mortgage rates.
- Ratepayer bill gains momentum in House amid data center backlash
A bipartisan bill called the Ratepayer Protection Act is gaining support in the House to address data centers' impact on electric bills. Lawmakers face pressure due to public backlash against the expanding AI infrastructure, which the bill aims to regulate by shifting costs to tech companies.
- Judge approves Anthropic’s $1.5B settlement of authors’ AI copyright lawsuit — first major case to settle
A judge approved Anthropic's $1.5B settlement in a copyright lawsuit, marking the first major case to settle. The case is part of multiple lawsuits by copyright owners, including authors and news outlets, against tech companies over training large language models.
- Florida GOP lawmaker and governor candidate says AI data center legislation keeps utility costs down
Byron Donalds, a Florida GOP lawmaker and governor candidate, proposed legislation requiring AI data centers to source electricity and water from private providers to prevent utility cost increases. The proposal aligns with a voluntary Trump administration initiative and responds to public concerns about data center impacts on utility bills, communities, and the environment.
- The debate over how to protect children as AI use grows
The article discusses concerns about children and teens using AI daily, with critics arguing tech companies are not doing enough to protect them and need more regulation. The Omidyar Network, a tech philanthropic firm, is introducing a new approach, as discussed by Geoff Bennett with CEO Michele Jawando.
- U.S. Trade Representative Jamieson Greer rejects EU's tech rules
U.S. Trade Representative Jamieson Greer criticized the EU's tech regulations, urging Europe to take 'concrete actions' to address laws disproportionately affecting American tech companies. Greer emphasized the U.S. will not allow Europe to dictate global regulation of American companies, which provide 'free services to consumers' and 'consumer welfare.'
- New York to impose the country's first statewide moratorium on data centers
New York will impose a one-year statewide moratorium on new large data centers to establish regulations addressing environmental, energy, and water usage impacts. Governor Kathy Hochul will sign the executive order, which halts state permitting and directs regulators to create standards, amid political and industry debates over economic growth and AI competitiveness.
- Data centers have already hiked electricity prices on the public by $23 billion. Good luck clawing that back
Data centers have contributed to $23 billion in electricity price increases for ratepayers, with costs expected to persist until 2028. State utility commissions are tasked with allocating these costs among customers, but the complexity of determining fair distribution remains unresolved.
- AI ‘exuberance’ risks ending in lengthy investment bust, BIS warns
The Bank for International Settlements (BIS) warns that excessive enthusiasm for AI could lead to a prolonged investment downturn, with weak returns potentially causing a funding retreat for tech companies and threatening the global economy.
- Key Democrats urge House to reject kids’ safety proposal
Key Democrats Maria Cantwell and Richard Blumenthal urge the House to reject the House version of the Kids Online Safety Act (KOSA) due to concerns about tech company lobbying and risks to bipartisan efforts. They warn the Senate version may be compromised if the House bill is passed, which lacks key provisions like the 'duty of care' for children's online safety.
- AI stock slump raises the question if investors are just taking profits or getting very nervous
The AI stock slump has led investors to question whether they are taking profits or becoming nervous. Tech companies are heavily investing in AI, but investor confidence appears to be waning.
- David Pocock urges Albanese to stop tech companies training AI models using Australian content
Independent senator David Pocock urged the Albanese government to prevent tech companies from using Australian content to train AI models. Greens senator Sarah Hanson-Young called for a moratorium on new datacentres until regulations are finalized.
- The running list: major tech layoffs in 2026 where employers cited AI
The article provides a reverse chronological list of major tech companies that announced significant layoffs in 2026, attributing the job cuts to AI as a stated factor. It highlights the impact of AI on employment in the technology sector.
- Read this before you vibe-code another app
Bob Starr created a website called 'Boomberg' to display how much US tax money is allocated to tech companies, but months after launching it, he discovered a hidden SQL injection vulnerability that could have allowed attackers to access or modify sensitive data. Starr, a project manager in the tech sector, acknowledged the oversight as a learning blind spot and warned others might make similar mistakes.
- Will Illinois' social media tax push tech companies out? | The Chicago Report
Illinois Governor Pritzker signed a budget that includes a new social media tax to offset state spending without raising taxes on residents. The tax aims to generate revenue but raises concerns about potentially driving tech companies out of the state.
- Federal regulators back Trump’s plan to speed power to energy-hungry AI data centers
Federal regulators approved a plan to expedite connections for AI data centers to address surging demand, with tech companies supporting it but utilities and clean energy advocates expressing concerns. The FERC voted unanimously to require data centers to cover grid upgrade costs, aiming to balance timely access with affordability for ratepayers.
- Federal regulators back Trump's plan to speed power to energy-hungry AI data centers
Federal regulators approved a plan to expedite grid connections for large energy users, including AI data centers, to address surging demand. The decision, supported by Energy Secretary Chris Wright, aims to boost U.S. AI competitiveness but faces concerns from utilities and clean energy advocates over grid management and renewable energy goals.
- How the Southern Poverty Law Center drives demonization of its conservative foes
The article claims the Southern Poverty Law Center's 'hate map' has been used by banks, tech companies, and others to debank, censor, and blacklist conservatives. It suggests the SPLC's actions contribute to the demonization of conservative individuals and groups.
- Billionaires’ billions are increasing faster than ever
Billionaires' wealth is growing at an accelerated rate due to the artificial intelligence boom, which has directed trillions of dollars in investments into a few tech companies.
- What to know about Trump’s $100,000 fee on H-1B visas and the court decision that struck it down
President Donald Trump increased the H-1B visa fee to $100,000 in 2023, claiming it would protect American jobs from foreign workers. A federal judge later ruled the fee invalid, stating the Trump administration overstepped its authority by implementing it without congressional approval. The H-1B program is widely used by tech companies and universities to hire skilled workers, but critics argue it displaces American employees.
- Trump’s $100,000 H-1B visa application fee rejected by judge
A federal judge rejected a $100,000 H-1B visa application fee ordered by President Donald Trump, offering relief to tech companies that depend on hiring skilled foreign workers.
- I shaved my beard because I was worried it made me look older. Perception matters even more in the age of AI.
Israel Garcia, a tech consultant, shaved his gray beard to align his appearance with the image expected in AI and tech companies. He emphasized that perception, rather than age, influences hiring decisions in fast-moving industries, advising job seekers to ensure their appearance matches the message they want to convey.
- US stocks increasingly rest on AI pillar
Tech companies boosted US stocks to fresh highs as concerns grow over the AI boom's market influence. Despite geopolitical issues, Goldman Sachs' CEO noted more greed than fear, but a strategist warned that stocks outside AI are weaker than indicated by headline indexes, with risks underestimated due to reliance on AI's uncertain returns.
- Trump signs executive order seeking early access to new AI releases
Donald Trump signed an executive order creating a voluntary framework for the federal government to review powerful AI models before public release. The order aims to enhance national security, particularly cybersecurity, by allowing tech companies to share AI models with the government up to 30 days prior to release.
- Trump signs executive order seeking early access to new AI releases
Trump signed an executive order requiring tech companies to share AI models with the government for voluntary review up to 30 days before public release. The goal is to enhance national security and cybersecurity by vetting powerful AI models before they become publicly available.
- Trump signs executive order seeking early access to new AI releases
Trump signed an executive order creating a voluntary framework for the federal government to review AI models up to 30 days before their public release, aiming to improve cybersecurity and national security. The order represents a shift from his earlier deregulatory stance.
- As the Pentagon pushes for battlefield AI, some military leaders urge caution
The Pentagon is accelerating the integration of artificial intelligence into military operations, but some military leaders, including Adm. Frank Bradley of U.S. Special Operations Command, advocate for safeguards to ensure AI aligns with human intent. The Trump administration faces tension with tech companies over AI safety measures, while Defense Secretary Pete Hegseth emphasizes expanding AI's legal military use without ideological constraints.
- Tech titans stand to make more than $1M from every American’s data — with AI firms reaping millions more: shocking study
A study reveals that Americans' data is the most valuable globally, allowing tech companies and AI firms to generate substantial profits, with each American's data potentially yielding over $1 million for these entities.
- Iran starts restoring web access after monthslong blackout
Iran is restoring internet access after a nearly three-month blackout imposed following the US and Iran strikes in late February. The restrictions severely impacted the economy, forcing tech companies to close and online merchants to struggle, while some politicians and business figures retained access. Experts warn that censorship will remain heavy, with Iran reportedly using Chinese hardware to enhance its control.
- Conservatives look to limit government powers in Liberals' controversial lawful access bill
Conservatives plan to amend the Liberals' controversial lawful access bill, which requires tech companies to modify systems to assist police and security investigations. The bill has sparked concerns over potential threats to Canadians' privacy and cybersecurity risks.
- Brooklyn’s Refinery at former Domino sugar plant reaches 90% occupancy
Brooklyn’s Refinery, a $150 million transformation of the former Domino sugar plant, has reached 90% occupancy since opening in 2023. The development has attracted tech, media, and AI companies to the area.
- Tech companies lobbied away stricter rules on gas-powered data centers
Tech companies lobbied against stricter rules on gas-powered data centers, leading to a dropped rule proposal around clean energy certificates by a corporate climate watchdog. The move may impact the environmental sustainability of data centers. This development reflects the ongoing debate between tech companies and climate advocates.