This episode is brought to you by Charles Schwab. Decisions made in Washington can affect your portfolio every day. Washington Wise from Charles Schwab is an original podcast that unpacks the stories making news there. Listen at schwab.com slash Washington Wise. Here's your TNB Tech Minute for Thursday, January 2nd. I'm Julie Chang for The Wall Street Journal.
Tesla's annual global vehicle deliveries fell in 2024 for the first time in more than a decade. The world's most valuable automaker posted a 2% increase in deliveries for the fourth quarter. It leaned heavily on promotions to entice buyers, but it wasn't able to get enough sales to top the prior year results.
The electric carmaker sold a record number of cars in the fourth quarter but fell short of beating its 2023 full-year sales performance. Tesla delivered 1.79 million vehicles worldwide in 2024, down about 1% from a year earlier.
Meta has a new chief policy executive. Nick Clegg has been replaced by his Republican deputy, Joel Kaplan. It's the latest move by the tech industry to align itself with the incoming Trump administration. Clegg is the former deputy prime minister of the United Kingdom and head of the country's center-left Liberal Democratic Party. He's also the head of the United States'
He joined Meta in 2018 and became the company's top policy executive in 2022. Meanwhile, Kaplan, a former aide to President George W. Bush, has been with Meta since 2011. He's served as its conduit to Republicans in Washington and the broader conservative ecosystem.
And Apple has agreed to pay $95 million in cash to settle a class action lawsuit that alleges Siri was unintentionally activated and shared private communications with third parties without consent.
The proposed settlement requires Apple to confirm it has permanently deleted individual Siri audio recordings obtained prior to October 2019. It also will require the iPhone maker to publish details explaining to users how they may opt into a choice to improve Siri. The case still requires final approval from the court. Apple denied wrongdoing and didn't immediately respond to a request for comment.
For a deeper dive into what's happening in tech, check out Friday's Tech News Briefing podcast.
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