Industry

Mystery Surrounds OpenAI's San Francisco Office as Undercover Guards Raise Concerns

Senators Probes OpenAI’s Safety and Employment Practices Following a Whistleblower Complaint

A whistleblower complaint accused OpenAI of preventing staffers from speaking to regulators about the potential risks of AI technology.


FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices

The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.

Elon Musk Won’t Give $45M in Monthly Donations to Donald Trump’s Campaign

Elon Musk previously established a super PAC to help support Donald Trump's presidential campaign.

Google’s Parent Company To Invest $5 Billion in Self-Driving Car Unit Waymo

The self-driving car units are now in service in Metro Phoenix, San Francisco, Los Angeles, and Austin.


Latest News

Spotify's Q2 Profit Surpasses Expectations After Layoffs and Price Hikes
After laying off employees and implementing price hikes, Spotify reported meeting a more-than-expected financial outlook in Q2 2024, with its stock up over 10% and a total revenue of $4.14 billion.
Biden Administration Proposes Rule to Exclude Medical Debt from Most Credit Reports
Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.
Microsoft Agrees to $14.4M Settlement Over Retaliation and Discrimination Claims in California
It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.
Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
7 Iconic Brands With Surprising Names Before Getting Into Fame
Google launched an initiative to eliminate cookies in 2020 but delayed the deadline thrice after failing to gain full support from regulators.
The $5 value meal includes a McChicken or McDouble, chicken nuggets, fries, and a small drink. Fast food chain McDonald's has announced it will extend its popular $5 value meal promo for another month as part of a push to attract more consumers back to its stores.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.
US-ECONOMY-EMPLOYMENT
More than half of workers surveyed cited low pay as the top reason why they were likely to quit their jobs this year.
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
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