Finance
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Meta will lay off 10% of its staff
Meta will lay off 10% of its staff in May, according to an internal memo that was published by Bloomberg.…
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Google to invest up to $40B in Anthropic in cash and compute
Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports.…
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Justice Department drops probe into Fed Chair Jerome Powell
The U.S. Justice Department is dropping its criminal investigation of Federal Reserve Chair Jerome Powell, paving the way for the…
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Dairy Queen is expanding its AI drive-thru test
The next time you order a Blizzard at a Dairy Queen drive-thru, you could be talking to AI. The fast…
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Ford EV and tech chief leaving automaker
Doug Field, the high-profile executive who shaped Ford’s electric vehicle (EV) and technology strategies over the past five years, is…
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AI traffic to US retailers rose 393% in Q1, and it’s boosting their revenue too
As of March, AI traffic to U.S. retailers’ websites rose by 269% over the previous 12 months, continuing the momentum…
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Google is now targeting bad ads over bad actors
Google said Thursday it blocked a record 8.3 billion ads globally in 2025 — up from 5.1 billion the year…
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Netflix co-founder and chair Reed Hastings to leave board
Reed Hastings, the co-founder and chairman of Netflix, is leaving the company’s board when his term expires this summer. Hastings…
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Jet fuel prices double, leading airlines to increase baggage fees, raise fares
Jet fuel prices have roughly doubled since the start of the war in Iran, a price increase even sharper than…
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StubHub to pay $10M to settle FTC allegations over ‘deceptive’ ticket pricing
StubHub has agreed to pay $10 million to settle Federal Trade Commission (FTC) allegations that the ticket marketplace failed to…
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