Business

The Federal Energy Regulatory Commission has ordered six regional grid operators to justify or revise their rules for connecting data centers and other large electricity users. The commission wants these…

A refurbished iPod Shuffle advertisement in a New York City subway station has drawn attention to growing consumer interest in simpler technology. The poster from Back Market promoted the screenless…

The Texas Parks and Wildlife Department has disclosed a data breach affecting more than 3 million people who purchased hunting or fishing licenses. The exposed information may include driver’s license…

Apple plans to raise prices on some products as AI-driven demand pushes memory and storage chip costs sharply higher. Outgoing CEO Tim Cook said the company had tried to absorb…

Goodwater Capital co-founder Chi-Hua Chien expects consumer applications, rather than companies selling AI models and infrastructure, to capture most of the long-term value created by artificial intelligence. He also believes…

SpaceX has appointed former Sequoia Capital managing partner Roelof Botha to its board of directors, less than a week after completing the largest initial public offering on record. Botha will…

Snap shares fell after the company introduced its consumer augmented reality glasses, Specs, at a price of $2,195. The stock dropped more than 5% following the announcement and remained below…

The Federal Trade Commission has sued Genesis Tech and a network of related companies, alleging that they used deceptive subscription practices to charge consumers without clear consent. The agency said…

Critical Energy has raised $19 million in seed funding to develop factory-built turbines for geothermal power plants. The company will use the capital to complete its first 2.5-megawatt commercial project,…

CPP Investments has committed up to ₹70 billion to Indian data center operator CtrlS, combining a direct equity investment with a new joint venture for hyperscale campuses. The partnership will…

DeepL has acquired real-time audio startup Mixhalo to expand its voice translation services into conferences, sports, and other live events. The acquisition will also support DeepL’s US expansion through a…

Uber plans to launch a premium robotaxi service in Houston by mid-2027 through its partnership with electric vehicle maker Lucid and autonomous driving company Nuro. Houston will be the second…

Pinterest has introduced Ask Pinterest, an experimental standalone app that uses conversational AI to provide personalized shopping ideas and recommendations. The limited-access service allows users to submit complex requests in…

Anthropic surpassed OpenAI in business adoption during May, according to new spending data from Ramp. The increase came as Anthropic raised $65 billion, filed confidential paperwork for a US initial…

Qualcomm is expanding its wearable technology business with Snapdragon Reality Elite, a mixed-reality platform designed for stronger on-device AI, and Snapdragon START, a toolkit intended to help manufacturers develop AI…

Rivian is cutting hundreds of jobs one week after beginning deliveries of its R2 electric SUV. The company said the reduction affects less than 2% of its workforce and is…

Mobileye plans to launch its own robotaxi service in a major US city in 2027, expanding from an autonomous driving technology supplier into a direct ride-hailing operator. The company expects…

The US Department of Justice has supported xAI in a lawsuit seeking to stop the company from operating dozens of natural gas turbines at its Colossus 2 data center in…

Robinhood will cut about 10% of its full-time workforce as it restructures the company around smaller teams and fewer management layers. The reduction will affect approximately 290 employees, based on…

Probably has raised $9 million in seed funding from Andreessen Horowitz to develop AI systems that prevent hallucinations and factual errors from reaching users. Founder Peter Elias said the company…