Curtis Priem, 64, donated more than $75 million so that RPI could obtain the computer, which was manufactured by IBM, the Wall Street Journal reported. RPI is said to be the first university to receive its own quantum computer.
Remember when you could just search for the information you needed on the internet and be reasonably certain the internet would provide you with a useful answer? Google , has a new idea: What if there was a way to spend billions of dollars on a system that provides users with
CalPers, the largest state pension fund in the United States, released a statement Monday that it will oppose the entire board of directors slate at its annual meeting next week as well as the re-nomination of the company’s CEO because of a climate change-related lawsuit Exxon
JPMorgan Chase CEO Jamie Dimon has hinted that he could step down as head of the nation’s largest lender sooner than was widely anticipated. Dimon, the 68-year-old banking executive, told analysts at JPMorgan Chase’s annual investor day on Monday that “the timetable [for his
Microsoft is expected to announce new artificial intelligence-powered products and updates Monday before its annual developer conference, Build, kicks off Tuesday. Read more...
The millennial-skewed telehealth platform Hims & Hers announced Monday that is now offering customers a compounded version of semaglutide, the active ingredient in popular weight loss drugs like Ozempic and Wegovy. Read more...
Gold prices hit a new record high Monday, with futures briefly topping $2,427 a troy ounce. It’s still around that level. More broadly speaking, it is 17.1% more expensive now than it was at the start of the year. That’s a better performance than the S&P 500, which is only up
Federal auto safety regulators have closed a probe into more than 110,000 Tesla Model X vehicles after Elon Musk’s automaker issued appropriate fixes for faulty seat belts. Read more...
The concerns are reportedly centered on underwater fiber-optic cables in the Pacific Ocean that are partially owned by the Big Tech firms and used to maintain the flow of data from the US to Asia.
New hires at JPMorgan Chase are being trained to take on the growing potential of artificial intelligence , as the bank continues to establish itself as a leader in the space. Read more...
Ryanair CEO Michael O’Leary says that his airline’s customers in Europe aren’t feeling good about the economy, and they’re buying fewer plane tickets as a result. Read more...
The Food and Drug Administration (FDA) has given Elon Musk’s startup Neuralink the official go-ahead to implant its experimental brain chip on a second patient, according to a new report. Read more...
With just a week before Memorial Day, Target is slashing prices on thousands of products — from milk and soda to paper towels, diapers, and pet food. Read more...
Andy Jassy was tapped to replace Jeff Bezos as Amazon CEO almost three years ago, after wearing various hats at the company for more than two decades. A few things set him — and his colleagues — apart when it came to climbing the ladder at the e-commerce giant and beyond, Jassy
If you’re in the market for an electric car, then Tesla’s barrage of price cuts in recent months might have been the welcome push you needed to go all in on battery power. But if you’re a rental firm that plowed millions into electrifying your fleet, only for its value to be
The latest iPad Airs and iPad Pros breathed fresh life into Apple’s tablets just as they seemed to be getting stale. Love them or hate them , the new Pros and Airs are pretty damn powerful, with the M4-powered tablet being practically just as capable as the most recent baseline
After more than half a century of selling Americans affordable shrimp and lobster, the world’s largest seafood restaurant chain filed for bankruptcy protection on Monday. Read more...
Spirit Airlines is the latest carrier to do away with cancellation and change fees, as more and more airlines get rid of the extra charges. Read more...
Apple is cutting prices on select iPhone models in China — again — as the smartphone giant looks to juice sales and boost its position in the increasingly competitive market . Read more...