Uber Technologies Inc. has dismissed two tech leaders at its nascent AI data labeling business, shaking up a key division that the ride-hail company has positioned as a key growth driver. Source link
President Donald Trump earned more than $635 million from a licensing agreement with a cryptocurrency group specializing in “meme” coins bearing his name last year, an amount that pushed his total crypto holdings past $1 billion, according to a lengthy financial disclosure form he released Tuesday. Limited time: Save 25% on NBC News subscription Get…
Meta (META) will reportedly begin selling computing capacity, similar to Amazon’s (AMZN) AWS and Microsoft’s (MSFT) Azure, as it seeks to generate new lines of revenue amid its massive AI spending spree. The plans call for Meta to form a new business segment that would sell excess capacity to third-party customers, according to Bloomberg. The…
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Shares of Meta popped 8% on Wednesday on news that the company is building out a new cloud business…
Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Source link
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC The U.S. automotive industry is entering a new phase of uncertainty as the USMCA trade agreement between the United States, Mexico and Canada is not expected to be extended by Wednesday, triggering what could be a yearslong review process or…
By Craig Manning July 2026 In 2025, private equity deals in the United States totaled a whopping $1.2 trillion in value, according to the financial data platform PitchBook. It was the second biggest year on record for private equity, trailing behind only the post-pandemic boom of 2021. The rise in private equity activity nationwide, combined…
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images Companies are rapidly changing their minds that artificial intelligence can “do it all” by rehiring employees to propel their businesses forward, as investors…
Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter. Source link
Amanda Ensing on getting dropped by Sephora Sephora is bringing “quiet hours” to all of its U.S. stores, the latest sign that major retailers are investing in sensory-friendly shopping experiences aimed at making stores more accessible for neurodivergent customers. The beauty retailer announced that during designated quiet hours, stores will lower music volume, adjust in-store…
