Companies Develop - QuikReader

Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

xAI is in talks with investors for a funding round, the Wall Street Journal reported.

Business - MarketWatch - October 29

Pfizer CEO says he welcomes good ideas as Starboard ups pressure on company

Pfizer reported an earnings beat Tuesday morning and raised its full-year outlook, seeing strength in sales of its Covid vaccine and antiviral pill, Paxlovid.

Business - CNBC - October 29

Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.

Business - CNBC - October 30

Google CEO says more than 25 percent of company's new code written by AI

More than a quarter of Google's new code is being generated by artificial intelligence (AI), CEO Sundar Pichai revealed during Tuesday's third-quarter earnings call for the leading tech company. ...

Politics - The Hill - October 30

Autonomous truck company Aurora delays hauling freight without human drivers until April

Autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next year

Tech - ABC News - October 30

Reddit's explosive user growth and AI tools help it soar to its first profit as a public company

Reddit has turned a profit for the first time as a public company

Tech - ABC News - October 30

Political Division and Incivility Cost Companies $2 Billion a Day. Science Suggests Jiu Jitsu Persuasion Is the Answer

Want to have actually productive discussions at work? Research suggests jiu jitsu persuasion.

Business - Inc. - October 31

Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.

Business - MarketWatch - October 31

Starbucks’s New CEO Just Revealed a Brilliant Master Plan to Turn the Company Around. It All Starts With 4 Words

Brian Niccol’s new four-word goal for Starbucks is brilliant in its simplicity. But there’s more than meets the eye.

Business - Inc. - October 31

Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal

Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.

Business - MarketWatch - November 1

Charter’s broadband saga may have bottomed. Has its stock done the same?

Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.

Business - MarketWatch - November 1

Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network

The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.

Business - CNBC - November 1

Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement

Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support artificial intelligence data centers.

Business - CNBC - November 1

Microsoft workers fired over Gaza vigil say company ‘crumbled under pressure’

Abdo Mohamed and Hossam Nasr organized event outside headquarters to reject company doing business in Israel. Two Microsoft employees who were fired last week after organizing a vigil for ...

World - The Guardian - November 2

Cadbury’s ‘snack right’ slogan is hard to swallow when the company is a sponsor of war | Catherine Bennett

While owner Mondelēz continues to do business in Russia, should we truly just ‘enjoy the moment’? . On its bicentenary the chocolate maker Cadbury is keener than ever to remind consumers of its ...

World - The Guardian - November 3

Sen. Marco Rubio says Chinese hacking of U.S. telecom companies is "very serious"

Republican Sen. Marco Rubio, who is on the Senate Intelligence Committee, tells "Face the Nation with Margaret Brennan" that as "time goes on, we're going to learn more" about Chinese hacking of ...

The year's top tech stock is up 300% thanks to AI — but it's not Nvidia

With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.

Business - CNBC - November 4

Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement

Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.