Business

Microsoft is preparing to cut thousands of jobs in the coming weeks, according to sources familiar with the plans reported by Bloomberg. The announcement is expected early next month, coinciding…

After Meta’s $14.3 billion investment in Scale AI last week, which included hiring founder Alexandr Wang, the company’s aggressive AI talent push has expanded to include Daniel Gross, CEO of…

OpenAI announced Monday that the U.S. Department of Defense (DoD) has awarded it a contract valued up to $200 million to develop prototype systems that leverage its advanced AI models…

DHL Express Canada is set to suspend operations across the country this week amid an ongoing strike and lockout involving 2,100 truck drivers and other workers. The company announced it…

Google experienced a setback Thursday when Juliane Kokott, advocate general at the European Court of Justice (ECJ), recommended dismissing the company’s appeal against a record €4.1 billion ($4.7 billion) antitrust…

Amazon has announced that Prime Day 2025 will take place from July 8 to July 11, extending the popular annual sale event to four days for the first time. Shoppers…

Taiwan has placed China’s major chipmakers Huawei and SMIC on its trade blacklist, signaling a significant move to align more closely with U.S. trade restrictions amid escalating tensions with Beijing.…

OpenAI and Microsoft appear to be approaching a turning point in their partnership, according to reports citing anonymous sources. Internal discussions at OpenAI have considered publicly accusing Microsoft of anticompetitive…

OpenAI has been granted a $200 million contract to provide artificial intelligence tools to the U.S. Defense Department. This one-year deal marks OpenAI’s first contract listed on the Department of…

Elon Musk’s social media platform X has filed a lawsuit against New York state challenging a law that requires social media companies to disclose how they monitor and manage hate…

Meta CEO Mark Zuckerberg has launched an aggressive hiring campaign to build a top-tier AI superintelligence team. Led by former Scale AI CEO Alexandr Wang and located near Zuckerberg’s office,…

Robotaxis promised to lower transportation costs by reducing labor expenses, but data shows Waymo’s rides remain significantly pricier than Uber and Lyft. New research gives a clearer picture of the…

Meta’s significant investment in Scale AI appears to be causing some of the startup’s customers to reconsider their relationships. Reuters reports that Google, which had planned to pay Scale AI…

For nearly a decade, Amazon has pursued a foothold in the complex U.S. health-care market through acquisitions, partnerships, and key hires. Now, following several executive departures, the company is restructuring…

SpaceX has hit a significant milestone by producing 10 million Starlink satellite internet dishes, marking rapid growth in manufacturing capacity. Accelerated Production Pace Sujay Soman, a senior facilities manager at…

British tech brand Nothing has made waves with uniquely designed Android smartphones offered at affordable prices. Now, the company is making it much easier for American consumers to get their…

Don’t be surprised if your local GameStop starts pushing trading cards more than video games. At this week’s annual stockholders meeting, CEO Ryan Cohen revealed that the company is betting…

Nvidia does not expect the U.S. government to ease its chip export restrictions to China anytime soon. CEO Jensen Huang confirmed to CNN on Thursday that the company will exclude…

Nintendo sold more than 3.5 million units of its new flagship Switch 2 gaming system within four days of its launch. Major U.S. retailers quickly marked the console as “out…

Disney and Universal have taken legal action against AI company Midjourney, accusing its image generation tool of being a “bottomless pit of plagiarism.” The studios claim Midjourney’s software produces countless…