ChatGPT, the artificial intelligence-powered text tool that can spit out cogent answers to virtually any query in seconds, is acquiring new users faster than the most popular consumer apps created to date. The chatbot launched for public use only in December but has already amassed 57 million monthly active users …
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DirecTV said it dropped conservative television network Newsmax on Tuesday night after a dispute over so-called carriage fees — a move the broadcaster characterized as “censorship.” In an emailed statement to CBS MoneyWatch, DirecTV said it is no longer airing Newsmax on the satellite service or its DirecTV Stream or …
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Party City has filed for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending. The costume and party supplies chain is planning an expedited restructuring that it said would substantially lower its debt and free up cash. The company, founded in 1986 and based …
Read More »A federal regulator has walked back comments about banning gas stoves after backlash to the idea of a ban reached a fever pitch this week. Consumer Product Safety Commissioner Richard Trumka, Jr., told Bloomberg in an interview this week that a ban was “on the table” for gas stoves, which …
Read More »Hershey’s misled buyers of its dark chocolate by not disclosing the products contain lead and another potentially harmful chemical, according to a lawsuit filed against the candy maker. Nassau County, New York, resident Christopher Lazazzaro said he would not have bought dark chocolate products sold by Hershey had it revealed …
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Inflation slowed sharply in November, the government reported Tuesday, continuing a gradual decline since price hikes peaked across the U.S. this summer. The Consumer Price Index rose 7.1% over the last 12 months, the Labor Department said, lower than the 7.3% increase economists had expected and the slowest rate of …
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Nike has ended its eight-year commercial relationship with professional basketball star Kyrie Irving, the Brooklyn Nets player recently ensnared in controversy after he posted a link to an antisemitic film on social media. Nike’s move comes one month after the athletic apparel giant suspended its relationship with Irving over a …
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The U.S. is banning the sale of communications equipment made by Chinese companies Huawei and ZTE and restricting the use of some China-made video surveillance systems, citing an “unacceptable risk” to national security. The five-member Federal Communications Commission said Friday it has voted unanimously to adopt new rules that will …
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Walmart has agreed to a $3.1 billion legal settlement over the toll of powerful prescription opioids sold at its pharmacies, marking the latest major drug industry player to promise major support to state, local and tribal governments still grappling with a crisis in overdose deaths. The retail giant’s announcement on …
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Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday. The job cuts come just a week after widespread layoffs at Twitter under its new owner, billionaire Elon …
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