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  • Powell Says Rate Cuts Possible as Fed Moves Cautiously

Powell Says Rate Cuts Possible as Fed Moves Cautiously

Federal Reserve Chair Jerome Powell on Friday offered cautious signals about possible interest rate cuts, stressing that economic uncertainty is complicating the Fed’s work. Speaking at the central bank’s annual…

Air Canada Restores Operations Close to Full Schedule

Air Canada says it is close to resuming normal service after a strike by flight attendants grounded operations earlier this week. In a Friday morning update, the airline said it…

OpenAI Lawyers Probe Meta’s Involvement in Musk’s $97B Takeover Attempt

OpenAI is asking Meta to hand over documents related to possible discussions with Elon Musk and xAI about investing in or acquiring the ChatGPT-maker. The request was revealed in a…

Google Lands $10B+ Cloud Deal With Meta for Six Years

Meta has agreed to spend more than $10 billion on Google Cloud services over the next six years, according to people familiar with the matter. The deal, kept confidential but…

4chan to Defy Daily Online Safety Fines, Lawyer Tells BBC

A lawyer for online message board 4chan says the platform will not pay a proposed fine from the UK’s media regulator, Ofcom, under the Online Safety Act. Preston Byrne, managing…

Delta, United Face Lawsuit Over Selling Window Seats Without Windows

Delta Air Lines and United Airlines are facing lawsuits from passengers who say they were charged extra for window seats, only to end up next to blank walls. The complaints…

Microsoft CEO Concerned Over Growing Reports of ‘AI Psychosis’

Microsoft’s head of AI, Mustafa Suleyman, has raised alarms about growing cases of what he calls “AI psychosis.” Writing in a series of posts on X, Suleyman said tools that…

Microsoft Probes Reports of Missing SSDs After Windows 11 Update

It took a few days, but Microsoft has confirmed it is investigating complaints that the latest Windows 11 security update is causing SSD drives to disappear from some PCs. “We’re…

Trump Escalates Rhetoric on Russia-Ukraine War as Peace Talks Falter

President Donald Trump on Thursday appeared to encourage Ukraine to take offensive action against Russia, even as peace negotiations remain at a standstill. “It is very hard, if not impossible,…

Elon Musk’s X Nears $500M Severance Lawsuit Settlement

More than two years after Elon Musk’s takeover of Twitter, some former employees may finally see severance payments. Musk’s X is moving toward a tentative settlement of a class action…

Instagram Adds Feature to Link Multiple Reels Into a Series

Instagram has launched a feature that allows creators to connect multiple reels into a series. This new option helps audiences follow ongoing stories or themes without needing to search for…

Apple TV+ Raises Prices Again, Third Hike in Three Years

Apple announced Thursday that its Apple TV+ subscription will rise to $12.99 per month in the U.S. and other markets. The new price takes effect immediately for new users after…

Meta Slows Down Costly AI Hiring Surge

Meta has temporarily paused hiring for its new artificial intelligence division, the company confirmed Thursday. The halt follows months of aggressive recruitment efforts that saw the company spend heavily to…

Trump Administration Broadens ‘Good Moral Character’ Rules for U.S. Citizenship

The Trump administration is expanding the scope of the “good moral character” requirement for immigrants applying for U.S. citizenship. A new memo from U.S. Citizenship and Immigration Services (USCIS) instructs…

Meta to Expand Energy Supply With 100MW of U.S. Solar

Meta has entered into a $100 million agreement with solar developer Silicon Ranch to build a 100-megawatt solar farm in South Carolina. The project will power Meta’s upcoming $800 million…

Google Photos Now Lets You Edit With Voice Commands

At Wednesday’s Made by Google event, the company unveiled new features in Google Photos that let users edit images simply by asking. Launching first on Pixel 10 devices in the…

U.S. Gamers Face PS5 Price Hike as Sony Confirms Increase

Starting August 21, Sony is raising the price of all PlayStation 5 models in the United States. Each version of the console will cost $50 more, making the standard PS5…

Fed’s Cook Rejects Calls to Resign After Fraud Allegations From Trump Official

Federal Reserve Governor Lisa Cook declared Wednesday that she has “no intention of being bullied to step down from my position because of some questions raised in a tweet.” Her…

Intel Reportedly in Talks With Major Investors for Discounted Equity Raise

Intel is exploring additional equity investments from major backers at discounted rates, according to people familiar with the matter. The move comes just days after the company secured a $2…

Thousands of Grok Conversations Now Indexed on Google

Hundreds of thousands of user chats with Elon Musk’s xAI chatbot Grok are currently visible through Google Search, Forbes reported. When a Grok user clicks the “share” button, the platform…