Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic […]
Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic Read More »
The GlobalFoundries semiconductor manufacturing facility in Malta, New York, on June 18, 2024. Cindy Schultz | Bloomberg | Getty Images U.S. semiconductor manufacturer GlobalFoundries is reportedly weighing a merger with Taiwan-based United Microelectronics. U.S. shares of United Microelectronics popped 13% on the news, while GlobalFoundries shares dipped about 1%. Nikkei reported the news, citing sources
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan McDermid | Reuters CoreWeave‘s stock sank nearly 10% on Monday, falling well below its initial public offering price. The artificial intelligence cloud provider sold shares at
CoreWeave shares slump nearly 10% in second day of trading Read More »
Sundar Pichai, CEO of Google and Alphabet, attends the inauguration of a new hub in France dedicated to the artificial intelligence sector, at the Google France headquarters in Paris, France, on Feb. 15, 2024. Gonzalo Fuentes | Reuters After Google scrapped its diversity, equity and inclusion, or DEI, hiring aspirations in February, CEO Sundar Pichai
In Trump era, companies are rebranding DEI efforts, not giving up Read More »
Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court,
Elon Musk must face Twitter shareholders’ lawsuit over alleged securities fraud Read More »
Tesla CEO Elon Musk boards Air Force One with U.S. President Donald Trump (not pictured) as they departs for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | Reuters Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion Read More »
CoreWeave Inc. signage during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Friday, March 28, 2025. Michael Nagle | Bloomberg | Getty Images It wasn’t supposed to go down like this. The Trump presidency was set to usher in a rush of money to the markets, spurred by a
A sign is posted in front of Intel headquarters in Santa Clara, California, on Aug. 1, 2024. Justin Sullivan | Getty Images News | Getty Images Three members of Intel’s board of directors will not stand for reelection in May, the company said in a filing on Thursday. Omar Ishrak, former CEO of Medtronic; Risa Lavizzo-Mourey,
Intel announces three board members will retire following CEO shake-up Read More »
Jen Salke, the head of Amazon MGM Studios is stepping down from her role, the company confirmed. Mike Hopkins, Amazon’s head of Prime Video and MGM Studios, made the announcement in a Thursday memo to employees. Salke is exiting Amazon to move into film production, and her previous position will not be replaced, Hopkins said.
Amazon MGM Studios boss Jen Salke to step down. Read the internal memo Read More »
Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin CEO Adam Foroughi hit back at new short-selling allegations from Muddy Waters Research after the ad-tech company’s stock suffered its steepest drop on record on Thursday. Foroughi penned a new blog post that asked investors to “dig deeper” on the allegations, saying the report’s
