Check out what’s clicking on FoxBusiness.com. U.S. Attorney for the District of Columbia Jeanine Pirro announced Friday she directed her office to close its investigation into the Federal Reserve over a building project, a move that could lead a key Senate holdout to now vote to advance President Donald Trump’s nominee for Fed chair. Pirro…
David Ellison, the billionaire media mogul, feted President Trump and top members of his administration at a private dinner in Washington on Thursday as his company, Paramount, seeks federal sign-off on a $111 billion deal to buy Warner Bros. Discovery. The gathering, at the U.S. Institute of Peace, included top executives and journalists from CBS…
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters The more than 20,000 potential job cuts Meta and Microsoft revealed on Thursday, months after Amazon announced its most widespread layoffs ever, may only be the beginning. The same companies that are collectively spending hundreds of billions of dollars a year…
Rendering via Ankrom Moisan Architects [enlarge] The planned apartments … The land sales came in January for Holland Partner Group’s planned new apartments at 1740 N.W. Market St. Demolition began this week on the site for the long-vacant former Ballard Blossom building and its neighbors. . . . Source link
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Google-parent Alphabet will invest $10 billion in AI startup Anthropic, with another $30 billion potentially to follow, Bloomberg News reported on Friday. Source link
Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence. Source link
Meta (META) on Thursday became the latest Big Tech company to announce layoffs as the ballooning costs of the AI build-out and efficiencies continue to hit workers in the industry. The company said it will cut 10% of its workforce, or about 8,000 employees. The news comes after a trickle of reports suggested the company…
Foundation Future Industries founder and CEO Sankaet Pathak and Trump Organization Executive Vice President Eric Trump discuss battlefield robotics, national security risks, and China competition on ‘Mornings with Maria. The future of American defense is undergoing a high-tech revolution as the Pentagon has awarded a multimillion-dollar contract to test heavy-duty humanoid robots. Foundation Future Industries…
Lip-Bu Tan, CEO of Intel Corp., departs following a meeting at the White House in Washington, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker jumped 20% in after-hours…
