Supplement company to pay $200,000 amid claims of false advertising
San Diego-based Organifi promised a bevy of unproven health benefits, according to prosecurtors Authorities expect a Southern California supplement company to pay $200,000 to settle claims that it misled consumers by claiming its products could balance hormones and even replace “bad” bacteria with “good” bacteria. Organifi and its founder, Andrew Canole, agreed to the settlement…
Five people arrested after beating, attempted stabbing in San Mateo
Most of the people arrested were teenagers, police said Authorities said five people were arrested late Wednesday night after a man was beaten while waiting at a bus stop in San Mateo. According to the San Mateo Police Department, the beating occurred shortly before 11 p.m. Wednesday near Hillsdale Boulevard and Edison Street in the…
Instagram boss Adam Mosseri teased a return of the Reels Bonus program after getting grilled by a creator — and clarified Meta’s stance on nipples
Instagram hosted an event for creators, social-media managers, and journalists in New York. Top exec Adam Mosseri made a surprise appearance at the event, where he was grilled by the audience. Here are six takeaways — including why Instagram changed its incentive programs. If all creators were given the opportunity to ask Instagram’s top executive,…
Meta’s Responsible AI team shrinks amid layoffs and restructuring, even as the company goes all-in on AI
Meta is among the major tech companies now racing to develop new AI models and tools. A few years ago, it formed a Responsible AI team to ensure new AI tech was “fair and inclusive.” As generative AI exploded this year, layoffs hit the team, and it shifted to compliance work. Even as the company…
Instagram is targeting Gen Z with 4 new features, as it looks to younger users to shape its product strategy
Instagram’s cohead of product Ashley Yuki just announced new Instagram features. These will be targeted to Gen-Z users of the platform. They will include audio notes and close-friend groups. Instagram is celebrating its 13th birthday by releasing a slew of new tools aimed at young users. Instagram will launch four new features aimed at the…
Amazon’s decision to shutter its ad server next year is a major win for Google
Amazon this week said it will shut down its ad serving business by the end of 2024. Industry insiders said Amazon didn’t invest enough in its ad server for it to compete with Google. Now Google stands to win Amazon’s former ad server clients — including Amazon itself. When Amazon announced this week that it…
Shopify is getting a new head of customer support amid an AI-centric shift for the division
Clovis Cuqui is departing Shopify after years of leading its customer-support organization. Cuqui will be replaced by Glen Worthington, another longtime Shopify leader. Shopify’s support organization has been undergoing many changes this year. Clovis Cuqui, Shopify’s head of customer support, is leaving the company after more than eight years. Cuqui, who was most recently a…
Graphcore, which wants to be an AI chip rival to Nvidia, has shut offices and needs more investor cash
AI chip startup Graphcore wants to rival market leader Nvidia as the market booms. But the company reported a slowdown in sales of its AI hardware, hurting its bottom line in 2022. The startup said it needs to raise more cash to keep afloat. It’s a good time to be in artificial intelligence or chip…
These top 5 dividend stocks will consistently increase payments to investors, and are poised to rebound during a surprisingly strong 4th quarter, according to the CIO at a $1.1 trillion asset manager
Saira Malik is bullish on the stock market for the final quarter of the year. Third-quarter earnings will be a postive catalyst as companies beat expectations, she says. But instead of trying to time the market exactly, Malik says investors should consider cheap dividend growers. The S&P 500 had a strong 2023. It was up…
