Business
Showing 12 of 102 articles · Page 1 of 9
Amazon Opens Logistics Network to All Businesses via Amazon Supply Chain Services
Amazon Supply Chain Services opens its logistics network to all businesses, competing with UPS and FedEx by offering freight, fulfillment, and delivery.
Apple Scraps Budget Vision Pro for Meta-Style Smart Glasses
Apple reportedly pivots from the budget Vision Pro project to develop smart glasses similar to Ray-Ban Meta. Discover the shift in Apple's AR strategy.
OpenAI Faces Scrutiny Over Revenue Growth and Computing Costs
OpenAI denies reports of financial struggles and missed revenue targets amidst concerns over the high cost of maintaining AI computing power.
China Blocks Meta’s $2 Billion Purchase of AI Startup Manus
China halts Meta’s $2 billion acquisition of AI startup Manus over national security and data concerns, blocking the transfer of autonomous agent technology.
Intel Shares Surge 20% on Strategic Partnerships with SpaceX and Tesla
Intel's stock jumps 20% after beating earnings expectations and securing major chip deals with Elon Musk's Tesla, SpaceX, and xAI for future-tech projects.
Google Strengthens AI Dominance with $40 Billion Anthropic Investment
Google invests up to $40 billion in AI startup Anthropic, combining cash and cloud credits to fuel next-gen model training and infrastructure.
Tim Cook to Step Down as Apple CEO as John Ternus Takes the Helm
Tim Cook will step down as Apple CEO on Sept 1, with John Ternus named as his successor. Cook will transition to chairman of the board in a major leadership shift.
Meta Faces Employee Backlash Over AI Surveillance Software
Meta employees react to new mandatory AI training software that tracks keystrokes and screen activity to automate professional tasks.
SpaceX and Cursor Partner in Landmark $60 Billion AI Deal
SpaceX explores a $60B acquisition of Cursor to build a new AI coding model powered by the Colossus supercomputer’s GPU infrastructure.
Allbirds Shares Surge 580% After Pivoting to AI Infrastructure
Allbirds shares jump 580% as the footwear brand rebrands to NewBird AI, securing $50M to provide high-performance GPU cloud services.
OpenAI Faces Investor Criticism Over Strategic Shift
OpenAI investors question the shift to corporate and coding tools despite ChatGPT's massive 1 billion user base and 50-100% annual growth. Read more.
Amazon Acquires Globalstar for $11 Billion to Expand Satellite Connectivity
Amazon acquires Globalstar for $11B to integrate with Amazon Leo, powering satellite SOS and messaging for iPhones and Apple Watches.