Technology

In 2020 a YouTube video used video footage of Steve Wozniak in a scam to steal bitcoin. "Some people said they lost their life savings," Wozniak tells CBS News, explaining why he sued YouTube in 2020 — and where his case stands now: Wozniak's lawsuit against YouTube has been tied up in court now for five years, stalled by federal legislation known as Section 230. Attorney Brian Danitz said, "Section 230 is a very broad statute that limits, if not totally, the ability to bring any kind of case against these social media platforms." "It says that anything gets posted, they have no liability at all," said Wozniak. "It's totally absolute." Google responded to our inquiry about Wozniak's lawsuit with a statement from José Castañeda, of Google Policy Communications: "We take abuse of our platform seriously and take action quickly when we detect violations ... we have tools for users to report channels that are impersonating their likeness or business." [Steve's wife] Janet Wozniak, however, says YouTube did nothing, even though she reported the scam video multiple times: "You know, 'Please take this down. This is an obvious mistake. This is fraud. You're YouTube, you're helping dupe people out of their money,'" she said. "They wouldn't," said Steve... Today is Steve Wozniak's 75th birthday. (You can watch the interview here.) And the article includes this interesting detail about Woz's life today: Wozniak sold most of his Apple stock in the mid-1980s when he left the company. Today, though, he still gets a small paycheck from Apple for making speeches and representing the company. He says he's proud to see Apple become a trillion-dollar company. "Apple is still the best," he said. "And when Apple does things I don't like, and some of the closeness I wish it were more open, I'll speak out about it. Nobody buys my voice!" I asked, "Apple listen to you when you speak out?" "No," Wozniak smiled. "Oh, no. Oh, no."

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Wedneday Beyond Meat "missed Wall Street estimates for second-quarter revenue," reports Reuters. "Consumers' growing concerns about processed foods are severely diminishing the appeal of Beyond Meat's product line, causing retailers and quick service restaurants to pull back sharply on orders," Rachel Wolff, analyst at Emarketer, said. Retail sales of refrigerated plant-based meat alternative products in the U.S. have fallen 17.2% so far this year, and frozen plant-based meat alternatives have fallen 8.1%, according to data from SPINS... [Beyond's] revenue for the quarter ended June 28 fell nearly 20% to $75 million, compared with analysts' average estimate of $82 million, according to data compiled by LSEG. While the company arguably invented a new market for plant-based meat substitutes, it also "owns no real intellectual property," argues The Street. "And every company in the meat and grocery business (more or less) now sells a take-off of a product that already had limited appeal..." Beyond Meat has admitted it's in trouble by hiring corporate restructuring expert John Boken from consultancy AlixPartners as interim chief transformation officer [with a focus that includes "operating expense reduction" and "broader operational efficiency"]. It has also let go of 44 employees in North America (6% of its global workforce) as it seeks to cut operating expenses amid disappointing sales... Beyond Meat also has a significant cash problem. As of June 28, 2025, Beyond Meat's cash and cash equivalents balance was $117.3 million, and total outstanding debt was $1.2 billion. The company does have time to fend off a Chapter 11 bankruptcy filing, but it also has limited, if any, prospects to meet its impending cash needs.

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