Mastercard paying $2.65 billion for cybersecurity company that uses AI

Billions in taxes hang in balance for US companies as election nears

Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacks

World - Financial Times - October 30

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - November 1

The AI edge in cybersecurity: Predictive tools aim to slash response times

AI's ability to sift through massive amounts of data, identify patterns and constantly learn makes it invaluable in cybersecurity.

Tech - VentureBeat - October 20

Treasury Department now using AI to save taxpayers billions

The latest benefit from the artificial intelligence revolution: saving American taxpayers billions of dollars.

Treasury Department uses AI to recover $1 billion in fraud

The Treasury Department is taking advantage of artificial intelligence (AI) to prevent or recover check fraud and stopped more than $1 billion in fraudulent payments over the past year, the agency ...

Politics - The Hill - October 17

Universal strikes AI data training deal, still suing AI companies for using its data

Universal Music Group inked a deal with AI startup Klay to help develop a "responsible and ethical" AI model for music.

Tech - VentureBeat - October 28

Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold

Microsoft Copilot AI adoption within corporate America is growing rapidly, but many companies are still unsure about the costs, a new CNBC survey finds.

Business - CNBC - October 29

From intern to CEO: does it pay to be a company lifer?

Executives who spend their career at one place can boost morale and loyalty but risk stifling innovation

Business - Financial Times - October 28

To Make AI Pay, Master 2 Power Traits

You must be insatiably curious and excel at managing process redesign.

Business - Inc. - October 16

Job Seekers Are Using AI to Fight AI

Job-seeking AI might help humans win the battle, but it may cost us the war.

Business - Inc. - October 18

The Family That Went Against the Grain---and Built a Billion-Dollar Company

It was a side hustle. Now it’s a tortilla empire. Siete Foods did it in seven steps.

Business - The Wall Street Journal - October 11

Boeing Has a $15 Billion Plan to Weather Company Turbulence

The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.

Business - Inc. - October 17

Boeing workers to vote on ending strike as company reports billions in quarterly losses

Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies

When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...

Tech - Wired - 4 days ago

Proposed rule would require insurance companies to pay for over-the-counter contraception

A proposed rule by the Biden administration would require insurance companies to cover the cost of non-prescription birth control. The proposal comes as reproductive rights are a central issue in ...

Companies to Pay $101.9 Million to Settle Baltimore Bridge Collapse Lawsuit

The suit by the Justice Department was filed last month and laid out what investigators had learned about the ship’s short and catastrophic journey.

Top stories - The New York Times - October 25

Kroger to pay nearly $1.4 billion to settle opioid lawsuit claims

Supermarket chain Kroger has finalized a nearly $1.4 billion agreement to settle the majority of the claims made by states, counties and Native American tribes that accused the company of helping ...

Politics - The Hill - 4 days ago

A Mastercard executive addresses this burning investor question

Some investors worry it’s going to get harder for Mastercard to find more cash to displace. Its CFO sees plenty of runway ahead.

Business - MarketWatch - October 31

US oil companies risk an unexpectedly large bill

Investor group alleges that US oil and gas groups are breaking the rules on corporate financial disclosure

World - Financial Times - October 18

Companies’ earnings reports increase volatility of US stocks

Share prices swing as high valuations and uncertain outlook put investors on edge

World - Financial Times - October 26

Chinese smartphone companies tout AI features ahead of Apple Intelligence launch

Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.

Business - CNBC - October 23

Florida mother files lawsuit against AI company over son's death

Megan Garcia says her son was in a monthslong virtual emotional and sexual relationship with a chatbot. Garcia claims the Character.AI bot encouraged her son to take his own life.

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Business - CNBC - October 14

Perplexity AI Hopes to Double Its Valuation to $8 Billion

The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.

Business - Inc. - October 20

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

ServiceNow flirts with $200 billion market cap as AI momentum draws cheers

ServiceNow’s stock is on track for a record close Thursday following an upbeat earnings report.

Business - MarketWatch - October 24

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Wall Street Giants to Make $50 Billion Bet on AI and Power Projects

KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.

Tech - The Wall Street Journal - October 30

Super Micro's $50 billion stock collapse underscores risk of AI hype

Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.

Business - CNBC - October 31

Super Micro's $50 billion stock collapse underscores risk of AI hype

In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - 3 days ago

How Samsung fell behind in the AI boom leading to a $126 billion wipeout

Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.

Business - CNBC - 9 hours ago

US expected to pay up to $20bn into G7 loan for Ukraine

Washington’s contribution would follow months of wrangling to secure funding before presidential election

Business - Financial Times - October 18

Big Tech Sees AI Bets Starting to Pay Off

Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.

Business - The Wall Street Journal - November 1

Feeding AI’s appetite: Who pays the price for power-hungry data centers?

With the grid facing strain and more energy-hungry giants sitting down at the table, ensuring fair contribution isn’t just sound policy — it’s absolutely essential.

Politics - The Hill - Yesterday

Could conspiracy theories and AI impact the US election?

How disinformation and advanced technology might influence the 2024 vote

'I massively regret using AI to cheat at uni'

Hannah says she is lucky she wasn't thrown out of university after being caught using AI.

Midjourney launches AI image editor: how to use it

Users can upload any image of their choosing and actually edit sections of it with AI, or change the style and texture of it.

Tech - VentureBeat - October 24

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