Latest in Microsoft reports $65.6 billion in quarterly sales as investors look to know if AI spending worth it
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Efforts by Russia, Iran and China to sway US voters may escalate, new Microsoft report says
A new threat intelligence report from Microsoft says foreign adversaries have showed continued determination to influence the U.S. election and there are signs their activity will intensify as ...Tech - ABC News - October 23 -
The pros and cons for investors of nonstop trading as NYSE looks to go 22 hours a day
The Big Board announced on Friday that it was seeking approval to expand trading on its electronic Arca platform from 16 hours a day to 22 hours a day.Business - CNBC - 2 days ago -
This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look
Global Intelligence claims its Cybercheck technology can help cops find key evidence to nail a case. But a WIRED investigation reveals the smoking gun often appears far less solid.Tech - Wired - October 15 -
The AI bubble is looking worse than the dot-com bubble. The numbers prove it.
Two different bubbles and two completely different revenue streams mean only one thing.Business - MarketWatch - 4 days ago -
The next recruiter to read your LinkedIn profile could be AI. Here’s what it’s looking for.
The professional networking site is debuting a new AI-powered ‘hiring assistant’ for recruiters that can sort, rank and message potential candidatesBusiness - MarketWatch - 12 hours ago -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - 7 hours ago -
Perry: What to know about Drake Maye's knee injury amid reports
Is Drake Maye's knee injury cause for concern? Phil Perry shares what he's hearing from the Patriots about their prized rookie quarterback.Sports - Yahoo Sports - October 17 -
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...Politics - The Hill - October 23 -
Medicare Advantage plans get billions for dubious diagnoses: Report
Medicare Advantage plans run by private insurers are reaping billions by making home visits for senior citizens.Top stories - CBS News - 6 days ago -
We're buying more of a stock that has gone on sale since reporting earnings
The purchase will increase the stock's weighting in our portfolio to 2.75% from 2.58%.Business - CNBC - October 14 -
China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.Business - CNBC - October 18 -
Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - 5 days ago -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - 5 days ago -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - 17 hours ago -
US approves $2B in arms sales to Taiwan including advanced missile defense system
The United States has approved $2 billion in arms sales to Taiwan, including the delivery for the first time to the island of an advanced surface-to-air missile defense systemWorld - ABC News - 3 days ago -
Boeing raises greater-than-expected $21 billion from new stock sales
Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.Business - MarketWatch - Yesterday -
Generative AI grows 17% in 2024, but data quality plummets: Key findings from Appen’s State of AI Report
Appen’s 2024 State of AI report reveals surging generative AI adoption, but companies face growing challenges with data quality, bottlenecks, and declining ROI in AI deployments.Tech - VentureBeat - October 22 -
Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.Business - MarketWatch - 3 hours ago -
Here’s What You Need to Know About an AI-Powered Scam Targeting Gmail
If your business uses the free email service, artificial intelligence is taking aim with convincing attempts to take over user accounts.Business - Inc. - October 14 -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - Yesterday