App to cut EU border queues won't be ready in time
An app to ease predicted queues under a new EU border system won't be ready in time, says Eurostar boss.
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Can AI help solve Japan’s labour shortages?
Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.
Ken Griffin’s Citadel rips Truth Social exec Devin Nunes in short-selling feud
The war of words was triggered by a letter that Nunes sent to the Nasdaq Stock Market in which he accused Citadel Securities of "market manipulation."
Warning jailed bankers ruling could hit loan rate
Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.
Warner Bros. Discovery CEO David Zaslav got paid $50 million even as the company lost money
Despite Hollywood often being at a standstill for half the year in 2023 due to two strikes, Warner Bros. Discovery CEO David Zaslav saw his take-home pay grow significantly. Read more...
Google tells staff not to 'debate politics' after firing workers who protested Israel contract
Google CEO Sundar Pichai told employees not to “fight over disruptive issues or debate politics” at the office, a day after the company fired 28 workers who had protested against Googles cloud computing and AI services contract with Israel. Read more...
Paramount stock surged 13% because Sony and Apollo might buy the company
Paramount Global stock soared more than 13% on Friday, making it the day’s best performer on the S&P 500. The stock surged followed a Reuters report that Sony Pictures Entertainment and Apollo Global in talks about a joint bid to purchase Paramount . Read more...
Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it
It was a bad day for artificial intelligence stocks on Friday. It started when Super Micro Computer said it won’t pre-announce earnings and that it will report fiscal third-quarter results on April 30. That spooked investors who worried the company’s earnings might not meet
Lululemon plans to layoff hundreds of employees as it closes a distribution center
Lululemon is in the process of closing down its distribution center in Washington and laying off 128 employees , according to a WARN filing submitted on Thursday to the state’s Employment Security Department. Read more...
Wall Street regulators seeking to limit bonuses of big bank execs: report
Executive pay on Wall Street has long been a hot-button issue
The Pentagon is spending billions on Big Tech and Silicon Valley startups as it goes all-in on AI
A new report from Brown University’s “Costs of War” project sheds light on a renewed closeness between the Pentagon and Silicon Valley, with the Department of Defense and U.S. intelligence communities awarding contracts to major tech firms worth as much as a combined $53
Trump Media says traders might be illegally short-selling the stock
Trump Media & Technology Group is warning the Nasdaq of “potential market manipulation” related to the “naked” short-selling of its stock. Read more...
Paramount shares jump more than 10% as Sony, Apollo discuss joint buyout bid
Paramount is currently engaged in exclusive deal talks with Skydance Media, though some investors have urged Paramount to explore other options.
New York auditors crack down on out-of-state residents avoiding tax: ‘Tax version of a colonoscopy’
Wealthy Empire State residents who have an abode in New York but spend most of their time elsewhere are still on the hook to pay the taxman in Albany.
Apple removes WhatsApp, Threads from App Store in China after demand by Beijing over security concerns
The Chinese government ordered Apple to remove WhatsApp, Signal, Threads and Telegram from its App Store, according to a report.
Air traffic controllers will have to take a 10-hour break between shifts to avoid fatigue
The U.S. Federal Aviation Administration said on Friday that it is increasing the amount of required rest time that air traffic controllers get between shifts, addressing growing concerns over controller fatigue. Read more...
Samsung tells executives to work 6-day weeks after reporting worst bottom line in over 10 years: ‘Inject a sense of crisis’
Samsung mandated that its executives report to the office six days per week in a stunning move away from other companies around the world, which have begun embracing four-day workweeks.
The Dow jumps 200 points but the Nasdaq plunges 300 as markets end the week all over the place
The Dow Jones Industrial Average rebounded Friday as Israel and Iran appeared to step back from the brink of a larger confrontation following Israeli airstrikes overnight. But the other major U.S. stock indexes ended the week in the red. Read more...
Nordstrom really wants to go private this time
Nordstrom’s founding family is seriously considering going private (again) and it has formed a special committee to evaluate any bids. Read more...
A JetBlue Airways plane almost ran into a Southwest Airlines plane
In another scary plane incident during a year that has been full of them , a JetBlue Airways plane and a Southwest Airlines plane nearly ran into one another on the ground Thursday at Washington, D.C.’s Reagan National Airport, NBC News reports . Read more...
Microsoft has a new AI video generator and there's a way to tell it's all fake
Researchers at Microsoft released a paper this week about VASA-1 , a new AI tool that can generate a convincing video of someone speaking, using just a still image. Microsoft doesn’t have immediate plans to release the new tool to the public, but it’s pretty impressive. Well,
Let's talk about these popular headphone myths
Tech myths are extremely pervasive. Half of the things we believe in are stuff we’ve seen people around us believe in. Confirmation bias leads to us blindly following without ever questioning. This guide aims to shatter some of those preconceived notions. The aim is also to
Google CEO tells staffers the office is not a place to ‘debate politics’ after firing 28 for anti-Israel sit-ins
Google CEO Sundar Pichai sent a 1,200-word memo to his global workforce after pro-Palestinian staffers stormed offices in New York, Seattle and Sunnyvale, Calif.
Adobe's new AI feature lets you make some really random photos and videos
The Adobe Express app’s generative AI features are officially out of beta. Now, everyone can access the company’s Firefly generative AI engine on iOS and Android . This version of Adobe Express is a pared-down version of the desktop app. Most of what you can make on it is for
California fast-food prices rose 7% in run-up to $20 minimum wage — highest in US
California registered the highest rate of menu price inflation in the country in the period leading up to April 1.
Procter & Gamble hiked prices — and then Pampers and Bounty sales dipped
Shares of consumer goods giant Procter & Gamble (P&G) slipped during Friday morning trading, after price hikes on certain products kept the company from reaching revenue expectations in its fiscal third quarter. Procter & Gamble stock fell about 1% following the company’s most
Warner Bros. Discovery CEO David Zaslav saw pay jump to $50M despite company’s continued losses
The rise in pay was partly related to the loss-making media conglomerate's decision to align its executive compensation to focus more on debt reduction and free cash flow.
Netflix's CEO on where AI fits into the company's future
Netflix’s CEO Greg Peters believes the streaming giant can lean on generative AI to expand its storytelling capabilities — but remains vague on exactly how. Read more...
Meta is putting its ChatGPT competitor AI assistant on Facebook and Instagram
Meta is ready to put its AI assistant in the ring with ChatGPT in the chatbot fight. Read more...
The owners of the ship that hit the Baltimore bridge are trying to avoid paying for it
A massive container ship hit and destroyed the Francis Scott Key Bridge in Baltimore last month, killing six people and shutting one of America’s busiest ports in the process. The company that operates the ship is now trying everything to get out of paying up for the mammoth
