Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a town hall event in Wisconsin, Musk said his role with the so-called Department…
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Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. Joelle Pineau, the company’s vice president of AI research, announced her departure in a LinkedIn post, saying her last day at the…
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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 and other companies that have developed…
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President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for a multi-million-dollar scheme that included falsely claiming the start-up had deals with Google and Oprah…
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Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
by adminRobinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite. Subscribers to Robinhood Gold…
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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
by adminLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted a survey earlier this month…
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Trump signs executive order to end collective bargaining at agencies involved with national security
by adminPresident Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law. The order, signed without public…
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The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC, the agency that regulates the…
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Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.
by adminInvestors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After…
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Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge
by adminFor the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket contest. An anonymous employee from aviation training company FlightSafety International, a subsidiary of Buffett’s…