Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to the challenge, rather than tell tall…
Category:
Business
-
-
If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected…
-
Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion. The company announced Monday that it has signed a development…
-
Business
Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks
by adminNvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.…
-
Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount…
-
Business
AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo
by adminScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports storytelling platform’s investors include 20VC venture capital fund…
-
Business
Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.
by adminSports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering of the new year and a potential…
-
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent…
-
Business
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
by adminBank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was…
-
President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead…
-
Business
Retail crime ‘queenpin’ to pay millions in restitution to retailers for theft ring
by adminThe California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to…
-
JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a…
-
Business
With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake
by adminThe creation of billions of dollars of digital wealth for the Trump Organization started with a social media post Friday. At 9:44 p.m. ET, the then-president-elect announced the creation of…
-
Business
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
by adminShares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company surpassed 300 million paid memberships during the quarter,…
-
Business
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
by adminGoldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the…
-
The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr. Day weekend, becoming the studio’s third 2024 release…
Newer Posts