Fox Business Flash top headlines for August 12
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Amazon worker deaths in New Jersey under investigation
Safety officials are investigating recent deaths at Amazon facilities in New Jersey, adding to a probe that was already underway.
Luminar CEO reacts to Tesla being labeled 'manslaughter machines'
Austin Russell responds to Ralph Nader asking the NHTSA to recall Tesla full self-driving vehicles on 'The Claman Countdown.'
Facebook falling in popularity among teens, survey says
According to a new report from the Pew Research Center, the popularity of social media giant Facebook has fallen among teens, while TikTok's has skyrocketed.
Twitter announces strategy to combat election misinformation
Twitter pledged that it would continue to fight election misinformation ahead of the 2022 midterms, enforcing its Civic Integrity Policy and other practices.
Elon Musk mocks congress for hiring 87,000 new IRS employees
Billionaire Elon Musk mocked the U.S. for hiring an additional 87,000 IRS employees Thursday, agreeing that normal Americans will likely start facing audits.
Market rally, calming inflation rates are a ‘green light’ to ‘attack’ Big Tech stocks: Expert
Wedbush Securities Managing Director Dan Ives analyzes the Big Tech market as inflation numbers continue to cool on ‘Varney & Co.’
Streaming is far from dead, huge money being spent on great content: Former Disney exec
Candle Media founder Kevin Mayer assesses the state of streaming after David Zaslav issued a warning on profitability on 'The Claman Countdown.'
Innoviz strikes $4 billion lidar deal with Volkswagen
Innoviz Technologies CEO Omer Keilaf discusses if the Inflation Reduction Act will help promote EV adoption in the U.S. on 'The Claman Countdown.'
Akoustis CEO plans to ‘ramp up’ chip production to penetrate the smartphone market: Jeff Shealy
Akoustis Founder & CEO Jeff Shealy discusses how his companies’ semiconductor production will be impacted by Biden’s $280 billion chip funding package on ‘Cavuto: Coast to Coast.'
United Airlines places $10M deposit for 100 electric air taxis from Archer Aviation
The fully electric air taxis are expected to transport up to four United customers per flight from up to 60 miles away at speeds of up to 150 miles per hour.
Facebook parent Meta defends itself after turning private messages over to cops in abortion investigation
Facebook's parent company Meta issued a statement over their participation in a Nebraska police investigation that resulted in criminal charges for an alleged illegal abortion
Elon Musk sells nearly $7B in Tesla shares as Twitter legal battle rages on
Elon musk has sold nearly $7 billion worth of Tesla shares, months after saying he was done with his selling spree following his $44 billion bid to buy Twitter.
Snapchat introduces first parental controls, allowing parents see who their teens are messaging
Snapchat released a new parental control tool in its app called Family Center that gives parents a way to monitor who their kids are communicating with.
Liz Claman takes a spin in the new GMC Hummer EV
'The Claman Countdown' host shows off the world's first all-electric truck estimated to go 0-60 mph in just 3.5 seconds.
Crypto wallets, blockchain 'very vulnerable' to cyber attacks: Gil Shwed
Check Point Software CEO Gil Shwed explains why he is forecasting blockchain networks, crypto assets, and the metavese will be top targets for hackers on 'The Claman Countdown.'
Micron to invest $40 billion in US memory manufacturing through end of decade
Micron's $40 billion investment is possible with the help of the CHIPS and Science Act, which includes $52.7 billion for American semiconductor financing.
Jake Paul launches sports betting app ‘Betr’ in ‘TikTok-ification’ of sportsbook market
Professional boxer and Betr founder and president Jake Paul is joined by Betr CEO Joey Levy to discuss the platform’s marriage of real-time sports betting and social media.
Apple's battery percentage icon returns to status bar in iOS 16 beta
The percentage, which was moved to the iPhone's Control Center in 2017 following the release of the iPhone X's notched display, is now written within the battery logo.
Snap reportedly planning employee layoffs
Social media company Snap Inc. is in the process of planning employee layoffs, according to a new report. The company declined to comment on the matter.