Bernie Sanders warns AI-driven automation threatens jobs, taxes, urging Congress to protect workers before disruption accelerates.
Browsing: Business
Jeff Bezos backs Zohran Mamdani’s efficiency proposal, urging tax elimination for lower earners while rejecting higher taxes on wealth.
Fertitta Entertainment will acquire Caesars Entertainment in a $17.6 billion deal, creating one of the largest hospitality and gaming giants.
Google engineer charged with insider trading after allegedly earning $1.2 million on Polymarket using confidential company data.
Wix will reduce its workforce by 20% as the company restructures operations around artificial intelligence and economic pressures.
Pentagon awards Microsoft a $9.69B contract to centralize software procurement, modernize infrastructure, reduce federal technology costs.
Meta launches paid subscriptions for Instagram, Facebook, and WhatsApp globally, introducing premium features.
Elon Musk denied reports claiming SpaceX signed a long-term Colossus lease with Anthropic amid rising competition for AI infrastructure.
Tech layoffs in 2026 are becoming costlier, with workers losing nearly $14,400 monthly amid AI-driven restructuring and rising expenses.
US regulators probe nearly 115,000 Rivian vehicles after rear toe link failures caused swerving incidents, raising fresh safety concerns.
JPMorgan ordered to pay $4 million after former broker won challenging dismissal tied to deli platter expense
SK Hynix surpassed $1 trillion market value as global demand for AI memory chips continues fueling semiconductor sector growth.
Taiwan investigates suspected Nvidia AI chip smuggling to China via Japan amid tightening U.S. semiconductor export restrictions.
Groupon cuts 400 jobs under its AI-native Project Foundry strategy, replacing human roles with automation and AI-driven operations.
Meta layoffs impact nearly 1,400 Seattle-area employees as company restructures operations and shifts focus toward AI investments.
Perplexity CEO Srinivas urges Berkeley graduates to stay curious, embrace AI change, learn constantly, and question everything fearlessly.
Micron reaches $1 trillion valuation as UBS raises target sharply on booming AI memory demand.
Elon Musk says Grok will improve as Space(XAI) pursues a multibillion-dollar Nasdaq IPO.
Viral X post accusing IKEA of “catering to Indians” sparks backlash, reigniting debates over racism, immigration, and online hate in Texas.
OpenAI CEO Sam Altman says AI growth may reshape jobs, but human interaction remains irreplaceable across workplaces globally.
Wix plans 1,000 layoffs despite revenue growth, as AI investments and automation reshape roles across the company.
A casual darts game and unexpected networking helped Lucra Sports secure backing despite investor obsession with AI startups.
Pentagon and SpaceX clash over Starlink pricing as military drone operations, wartime communications deepen reliance on satellite networks.
Antonio Gracias who backed Elon Musk’s aerospace company during financial turmoil and now holds a significant SpaceX stake.
Krispy Kreme breach victims may claim up to $3,500 as settlement deadlines approach for affected U.S. customers and employees.