Finance
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SpaceX valuation balloons to $2.6T, briefly passes Amazon
SpaceX briefly passed Amazon to become the fifth-most valuable company in the world, and nearly eclipsed Microsoft, before the company’s…
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Only 16 percent of Americans think AI will have a positive impact on society, a new study shows
Despite the fact that AI increasingly dominates our economy (it’s a hot IPO summer and we’re all just along for…
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FTC lawsuit reveals how subscription scam networks evade app store enforcement
A new lawsuit filed by the U.S. Federal Trade Commission (FTC) is a showcase of how hard it’s become to…
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Taiwan says Chinese pressure over the island is the ‘new normal’
Attempts by China to exert pressure or influence on other countries to limit Taiwan’s access to international events has become…
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Federal Reserve holds interest rates steady and hints at rate hike later this year
With inflation at its highest level in more than three years, the Federal Reserve held its benchmark interest rate steady…
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xAI fired an engineer who raised alarms about Grok safety, new lawsuit claims
A former engineer at Elon Musk’s xAI has filed suit against the company and its parent SpaceX claiming he was…
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Jeff Bezos’s Prometheus raises $12B to build an ‘artificial general engineer’ for the physical world
Prometheus, the physical AI startup co-founded by Jeff Bezos and Vik Bajaj, the former co-founder of Verily, Google’s life sciences…
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SpaceX blasts off with a record-breaking $75 billion IPO
Elon Musk’s mega-conglomerate SpaceX made history on Thursday, raising $75 billion in the biggest initial public offering on record. In…
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Waymo bought Apple’s self-driving car proving ground for $220M
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell…
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Apple’s long-awaited AI Siri overhaul is finally here
Two years after promising but failing to launch a smarter Siri, Apple unveiled its overhauled AI-powered assistant at its Worldwide…
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