Latest in Amazon to spend $100bn this year in AI drive
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Wealthy overseas owners drive record spend in English football’s lower leagues
Three-way fight for promotion in third tier comes ahead of tighter financial rules on spendingFinancial Times - 1d -
Alphabet's big AI spending plan is more good news for 2 chip stocks shaken by DeepSeek
Amazon, which is set to report its quarter after Thursday's closing bell, remains an unknown. But three for three so far is not too bad.CNBC - 1d -
‘Dear, did you say pastry?’: meet the ‘AI granny’ driving scammers up the wall
Daisy’s dithering frustrates phone fraudsters and wastes time they could be using to scam real people. ‘He spent thousands’: how a bank team tries to rescue scam victims An elderly grandmother ...The Guardian - 3d -
Spending up on last year as Man City go big in transfer window
Premier League clubs spent around £370m in the winter transfer window with Manchester City spending almost as much as the other 19 top-flight teams combined.BBC News - 3d -
Palantir’s stock surges as AI traction drives huge earnings beats across the board
Palantir bet on software that allows companies to deploy large-language models in a practical sense, and management says that’s paying off big time.MarketWatch - 3d -
SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's tech
SoftBank has committed to spending $3 billion per year to use OpenAI's tech, according to a joint announcement on MondayCNBC - 3d -
Police officer working on Pakistan's first polio drive of the year is killed
A police officer working on Pakistan’s first polio vaccination drive of the year was shot and killed by unidentified gunmenABC News - 4d -
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Pardoned January 6 attacker sentenced to 10 years for fatal drunk-driving crash
Emily Hernandez, 24, killed Victoria Wilson, 32, and injured her husband in a 2022 Missouri wreck. One of the US Capitol attackers pardoned by Donald Trump at the start of his second presidency ...The Guardian - 6d -
Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won't likely curb Meta's AI spending.CNBC - Jan. 30 -
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”MarketWatch - Jan. 30 -
ASML CEO sees low-cost AI models like DeepSeek driving more demand — not less
Without addressing the specifics of DeepSeek's model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.CNBC - Jan. 29 -
Tech stocks slump as China’s DeepSeek stokes fears over AI spending
Nvidia loses almost $600bn in market value on worries US groups are facing a ‘Sputnik moment’Financial Times - Jan. 27 -
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.The New York Times - Jan. 27 -
Trump vs Powell: Who will drive the stock market as the Fed holds its first meeting of the year?
The Federal Reserve’s first meeting of 2025 this week may throw a wrench into the stock-market rally just as investors worry President Donald Trump’s potentially inflationary policies could ...MarketWatch - Jan. 27 -
Transfer spending up on last year with week to go
Manchester City are responsible for more than half of all money spent so far in this January transfer window - with one week until deadline day.BBC News - Jan. 27 -
Big tech is spending billions on AI. How much time will Wall Street allow for the payoff?
Earnings Watch: Meta, Apple, Microsoft and Tesla report quarterly results, as analysts start to focus more on AI results. Earnings are also due from Starbucks and Boeing.MarketWatch - Jan. 26 -
AI leaders clash over safety and $100bn Stargate project
Top tech leaders at Davos such as DeepMind’s Demis Hassabis and Meta’s Yann LeCun in fiery debateFinancial Times - Jan. 26 -
Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - Jan. 25 -
BBC reporter spends a year undercover to expose far-right group
I'm a BBC journalist, but for the past year I've been going undercover in a far-right group.BBC News - Jan. 25 -
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.NBC News - Jan. 24 -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - Jan. 24 -
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.CNBC - Jan. 24 -
Meta's increased AI spending helps both of our two chipmakers, but one especially
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.MarketWatch - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Rivian to Introduce Hands-Free Driving System This Year
Rivian announced it ill go hands-free in 2025 and “eyes-off” in 2026.Inc. - Jan. 23 -
Technology and the AI trade drive stocks higher as the S&P 500 hits a new high
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Jan. 22 -
TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - Jan. 22 -
Colts hire Lou Anarumo: Respected defensive coordinator stays in AFC after spending past 6 years with Bengals
Anarumo spent the past six years in CincinnatiCBS Sports - Jan. 21 -
Why 2025 is set to be a crucial year for Amazon's Zoox robotaxi unit
This year is expected to be a crucial one for Amazon's Zoox, as the company plans to grow its operations and commercialize a robotaxi business.CNBC - Jan. 17 -
How to use AI to get a job this year
Gen AI promised to take tedious tasks off our hands with virtual assistants and chatbots designed to automate items on our to-do lists However, many of these helpful tools have required taking time ...The Hill - Jan. 17 -
General Motors Is Banned From Selling Driving Behavior Data for 5 Years
An investigation by the Federal Trade Commission determined that consumers had not been aware that the automaker was providing their driving information to data brokers.The New York Times - Jan. 17 -
‘Just the start’: X’s new AI software driving online racist abuse, experts warn
Amid reports of creation of fake racist images, Signify warns problem will get ‘so much worse’ over the next year. A rise in online racism driven by fake images is “just the start of a coming ...The Guardian - Jan. 13 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
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Amazon Books editorial director shares top reads to inspire New Year's reset
Amazon Books' editorial director Sarah Gelman joins "CBS Mornings" with recommendations to help reset your life in January and become the best version of yourself in 2025.CBS News - Jan. 8