Russia antivirus firm Kaspersky quits US after ban
The move comes after sales and distribution of its products were banned by the Biden administration.
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How AI is fuelling uncertainty for game developers
In a struggling games industry AI has been hailed as a possible saviour. But not everyone's convinced.
Billionaire Royal Mail buyer vows to keep 6-day service
Daniel Kretinsky says he will not walk away from the Universal Service Obligation to deliver letters.
Trump VP pick J.D. Vance supports Big Tech antitrust crackdown, has praised FTC chair
Vance is one of several Republican lawmakers, including Sen. Josh Hawley of Missouri and Florida Rep. Matt Gaetz, called "Khanservatives" for their agreement with the FTC chair that US antitrust law has a broader purpose than keeping prices down for consumers.
Tesla let a man sell his Cybertruck after it couldn't fit in his garage
Tesla reversed its policy prohibiting Cybertruck resales in direct response to the difficulties of a single Salt Lake City man who couldn’t fit the angular electric pickup in his parking space. Blaine Raddon, a retired CEO, happily reserved a Cybertruck after watching the
Disney’s internal communications leaked online after hack: report
The leaked information includes talks on managing Disney's corporate website, software development, job applicant evaluations among others, with the data spanning back to at least 2019, The Wall Street Journal reported.
Airbus cuts costs even as it expects plane demand to increase
Airbus is caught in an awkward place between its short-term and long-term futures. The French planemaker is taking immediate steps to quell costs, but is also poised to benefit from missteps made by its main competitor, Boeing. Read more...
The massive car dealership cyberattack has ended with a $25 million ransom
The cyberattack targeting the company that handles the financial transaction side of car buying for some 15,000 car dealers in the U.S. finally ended thanks, almost certainly to a paid ransom. Read more...
How Amazon Prime Day — the ‘Black Friday of July’ — has transformed online shopping
The first aim of Prime Day was to solve a problem that has dogged retailers for ages: enticing consumers to shop during a historically slow buying season.
Southwest Airlines added flights to help Taylor Swift fans get to her Eras Tour
Southwest Airlines is adding flights to its schedule to help Taylor Swift fans get to Eras Tour concerts in October. Read more...
J.D. Vance, Donald Trump's pick to be vice president, is a former venture capitalist
Ohio Senator J.D. Vance wasn’t much of a political figure until about eight years ago, when his memoir “ Hillbilly Elegy: A Memoir of a Family and Culture in Crisis ” hit the shelves. Now, he may become the next vice president of the United States of America. Read more...
A Southwest Airlines Boeing plane took off from a closed runway by mistake
A Southwest Airlines plane took off from a runway it wasn’t supposed to take off from last month. Read more...
'Trump Trade' explained, Trump Media and Bitcoin rise, BlackRock's old ad: Trump news roundup
The world’s financial markets are growing increasingly open to the likelihood that former President Donald Trump will make his way to a second term in the White House. All it took was outperforming President Joe Biden on a debate stage and surviving an assassination attempt .
Fed’s Powell condemns assassination attempt on Trump: ‘Sad day for our country’
"Political violence has no place in our society, and I condemn it in the strongest terms. I know we all do," Powell said at an event at the Economic Club of Washington.
NY Times editor defends editorial declaring Trump ‘unfit to lead’ following assassination attempt
Kingsbury claimed in an essay condemning political violence that the scathing op-ed printed before Saturday's failed assassination attempt on the Republican presidential frontrunner.
Wall Street CEOs including Jamie Dimon, David Solomon rip Trump assassination attempt: ‘Horrible act’
The leaders of the largest US banks have echoed Trump and Biden's calls for unity following an attempted assassination on the former president.
Donald Trump's net worth spikes more than $1 billion after assassination attempt
Former President Donald Trump’s personal net worth spiked dramatically on Monday, just days after he survived an assassination attempt in Pennsylvania. Read more...
A woman made her own black market by renting out Uber and Lyft accounts
We trust gig workers to drive us around , deliver our food and go through the tedium of shopping for our groceries. We trust the profile picture on the app is a safe person and that their employers back that up. One woman made a killing on exploiting that fantasy of safety, and
The gap between AI development in the U.S. and China could 'expand,' experts say
China’s artificial intelligence development is being slowed by U.S. trade restrictions on advanced chips — and the gap between the two countries could “expand,” experts said. Read more...
'Trump Trade' is back in focus after the assassination attempt. Here's what it is and why it matters
The world’s financial markets are growing increasingly open to the likelihood that former President Donald Trump will make his way to a second term in the White House. All it took was outperforming President Joe Biden on a debate stage and surviving an assassination attempt .
Guns are allowed outside the GOP convention despite the Trump assassination attempt. Here's why
Despite the assassination attempt against former President Donald Trump, guns will still be permitted outside the Republican National Convention (RNC) in Milwaukee when it kicks off Monday evening. Read more...
Crypto stocks are rising. That's because of Donald Trump, experts say
The assassination attempt on former U.S. President Donald Trump at a campaign rally in Pennsylvania over the weekend has boosted the prices of crypto stocks and cryptocurrencies — and some experts say that’s because investors are betting on Trump. Read more...
Back-to-school spending will likely stay flat or drop as inflation persists: survey
A Deloitte survey found parents will prioritize value and convenience this year while they hunt for back-to-school deals.
Let's talk about why planes get so hot sitting on the runway
Travelers and flight attendants are already steeling themselves for increased turbulence and weather delays thanks to climate change now face a new problem while on the runway—extreme heat. Read more...
Burberry stock sinks 16% on an ousted CEO and a warning of low profits
British luxury fashion giant Burberry is having a tough time. Read more...
Stripe investors are getting a $70 billion buyout valuation from Sequoia Capital
A major fintech player could be cashing out early investors soon in a major deal. Axios reports that payment processor Stripe might be about to let people who bought into the company 15 years ago sell their shares to the venture capital fund Sequoia Capital in a deal valuing
Amazon Prime Day 2024 spending expected to surpass $14B, breaking record
The strong spending over the next two days is expected to be driven by steeper than normal discounting.
Burberry fires CEO, names ex-Coach boss as replacement during luxe-sector slowdown
Burberry also warned on profit and scrapped its dividend, sending its shares to their lowest in more than a decade.
Bitcoin is legit, BlackRock's Larry Fink says
BlackRock’s co-founder and CEO Larry Fink is now embracing crypto more than ever. In an interview with CNBC on Monday, he mentioned that he had abandoned his initial skepticism of cryptocurrencies like Bitcoin. He now firmly believes that there is a place for crypto in the
