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Primark CEO Resigns After ‘Error of Judgment’
Paul Marchant has left the clothing retailer after “an allegation made by an individual about his behavior,” the company said.The New York Times - 2d -
Trump Family Starts Bitcoin Mining Venture in Further Push Into Crypto
Eric Trump and Donald Trump Jr. are investing in a Bitcoin-mining company called American Bitcoin, created by the merger of two firms.The New York Times - 2d -
The Proud Boys and Militias Come to Tesla’s Defense
After weeks of “Tesla Takedown” protests, extremist groups are showing up to back Elon Musk’s beleaguered car company.Wired - 2d -
Pension Protection Fund vows to invest more in ‘juicy’ UK assets
Britain’s £32bn lifeboat scheme says it will invest in infrastructure and scale-up companies if allowed to growFinancial Times - 2d -
I Struck Out With Tinder and OpenAI’s New Dating Game
The two companies are working together to help you practice ‘cringeworthy moments.’ The result? Lots of rejection.Inc. - 2d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 1d -
As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.The New York Times - 1d -
Meta's head of AI research announces departure
Meta Vice President of AI Research Joelle Pineau will leave the social media company on May 30.CNBC - 1d -
Johnson & Johnson Loses in Court Again in Bid to Settle Talc Cases
A judge dismissed an attempt to use a bankruptcy court to resolve tens of thousands of claims that the company’s talcum power products caused cancer.The New York Times - 1d -
ZeniMax workers vote to strike over Microsoft negotiations
ZeniMax Workers United voted overwhelmingly in favor of a strike over contract negotiations with parent company Microsoft.VentureBeat - 1d -
US-UK deal on accounting qualifications stalls after disputes
Agreement would help top firms to move staff working on audits of banks and dual-listed companiesFinancial Times - 1d -
OpenAI backs deepfake cybersecurity startup Adaptive Security in new funding round
Artificial intelligence cybersecurity company Adaptive Security announced a $43 million funding round co-led by OpenAI.CNBC - 19h -
Dana White's UFC and Mark Zuckerberg's Meta joining forces in partnership
UFC is joining up with Facebook’s parent company Meta in a deal that will bring mixed martial arts to more fans around the worldABC News - 18h -
This Tool Probes Frontier AI Models for Lapses in Intelligence
A new platform from data training company Scale AI will let artificial intelligence developers find their models’ weak spots.Wired - 18h -
U.S. Seeks to Calm Tempest in Europe Over Trump’s Anti-Diversity Policies
European companies and officials are balking at what they see as a campaign to impose U.S. policy abroad.The New York Times - 16h -
The Tesla Takedown Puts a Big Dent in Tesla’s Sales
Consumers are showing a growing distaste for the company under the leadership of Elon Musk, with vehicle deliveries braking well short of projections.Inc. - 16h -
Trump kicks off sale of $2.3bn Truth Social stake
Shares in Trump Media and Technology Group drop after company outlines plans in filingFinancial Times - 13h -
Advertisers look for flexibility as they parse how Trump's new tariffs will affect their businesses
Advertisers are seeking flexible terms with media companies as uncertainty grows from President Donald Trump's looming tariffs.CNBC - 11h -
Trump's tariffs leave gadget makers in crisis: 'I'm going to run out of appliances'
Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.CNBC - 13h -
De minimis trade loophole that boosted Chinese online retailers to end May 2
The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.CNBC - 8h -
DeepSeek AI excitement spills over to Hong Kong's IPO market
Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.CNBC - 7h -
How Trump’s ‘Liberation Day’ Tariffs Might Go Down
The president is set to announce details of his sweeping tariffs, as companies and global trading partners scramble to respond.The New York Times - 8h -
CoreWeave Scales Back Ambition for Its I.P.O.
The company, which originally expected its shares to be priced between $47 and $55, will ask for $40 a share in a sign of stock market uncertainty.The New York Times - 6d -
An AI-based drone that speeds up the detection and monitoring of wildfires is presented in Germany
A company that specializes on early wildfire detection has developed a new, AI-based drone that it says will help speed up the detection, location and monitoring of firesABC News - 6d -
Is CoreWeave’s Debut an Ill Omen for I.P.O.s?
The A.I. company is set to make its market debut on Friday amid concerns about its business model and the health of the wider economy.The New York Times - 5d -
FCC chair opens investigation into Disney and ABC for DEI practices
Federal Communications Commission Chairman Brendan Carr has opened an inquiry into Disney and ABC's DEI programs, marking the second investigation of a major media company.Los Angeles Times - 5d -
How Climate-Resilient Chickens Could Help Fight Poverty
An initiative in Zambia is showing that a profit-seeking company can help rural farmers battling extreme weather breed chickens that lay more eggs.The New York Times - 5d -
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.The New York Times - 4d -
Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave has found a big market in selling Nvidia's popular AI processors, but the company has a challenging story to sell to public investors.CNBC - 3d -
23andMe bankruptcy: With America's DNA put on sale, market panic gets a new twist
Genetic testing company 23andMe's bankruptcy has led to a new consumer privacy issue: what happens to the DNA of millions of Americans when it goes on sale?CNBC - 3d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 3d -
Min Woo Lee, sister Minjee become third brother-sister duo to win on PGA Tour, LPGA
Min Woo's win helped the Lees join some exclusive company. They became the third brother-sister duo to win both a PGA Tour and LPGA event.Yahoo Sports - 2d -
Restaurant chain to shut 2,000 branches after rat found in soup
Sukiya will temporarily shut nearly all of its roughly 2,000 branches after a rat was found in a miso soup and a bug in another meal, the company said.CBS News - 2d -
Chelsea report £128m profit after selling women's team
Chelsea report a £128.4m profit in their latest financial results for the year ending June 2024, having sold their women's team to a parent company.BBC News - 2d -
Vaccine stocks fall after key FDA official resigns in protest of RFK Jr.
Shares of Moderna, Novavax and other biotech companies fell after FDA official Peter Marks's resignation in protest of Robert F. Kennedy Jr.CNBC - 2d