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CoreWeave shares slump nearly 10% in second day of trading
CoreWeave rents out access to Nvidia graphics processing units to other large tech and AI companies including Meta, IBM and Cohere.CNBC - 18h -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 18h -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon
Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...ABC News - Mar. 21 -
Nintendo Is Changing the Way Digital Games Work
During its Nintendo Direct event Thursday, the company revealed “Virtual Game Cards,” which will allow players to share games or play across multiple systems. It also teased Metroid Prime 4: Beyond.Wired - 4d -
Jen Salke to step down from her role at Amazon MGM Studios
Jen Salke, head of Amazon MGM Studios, will step down from her role, according to an internal email from the company. She will start her own production entity.Los Angeles Times - 4d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 3d -
Turkish opposition leader calls for weekly rallies and deeper economic boycott
Özgür Özel expands call to boycott companies perceived as close to President Recep Tayyip Erdoğan. Turkey’s anti-government protesters are weighing their options, amid calls by the main opposition ...The Guardian - 1d -
The Danish island of seaweed cottages, salt and seafood
The remote North Sea isle of Læsø is world-famous for the gastronomic delights that come from its waters – so the best way to explore it is in waders. After just 10 minutes in the company of ...The Guardian - 1d -
An AI Image Generator’s Exposed Database Reveals What People Really Used It For
An unsecured database used by a generative AI app revealed prompts and tens of thousands of explicit images—some of which are likely illegal. The company deleted its websites after WIRED reached out.Wired - 1d -
China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologiesABC News - 1d -
Amazon's Nova AI agent launch puts it up against rivals OpenAI, Anthropic
Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and other companies that ...NBC News - 21h -
Tariffs on Screws Tighten Small Business Margins
New 25 percent levies on imported aluminum and steel materials have driven up the prices of nails, bolts, screws, and other fasteners many U.S. companies use by the millions every year.Inc. - 20h -
Betsy Riley Will Lead NBC’s Primetime Olympics Show
Looks like NBC’s new pop-culture primetime Olympics show is becoming permanent. NBC Sports said Monday that it had lured Betsy Riley, a one-time NBC Sports veteran, to return to the company from ...Yahoo Sports - 19h -
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group ...NBC News - 15h -
Wall Street banks got meager payout from CoreWeave IPO
After waiting over three years for a billion-dollar-plus IPO from a U.S. tech company, Wall Street's top banks only got a 2.8% fee.CNBC - 16h -
OpenAI to release open-source model as AI economics force strategic shift
OpenAI plans to release its first open-weight AI model since 2019 as economic pressures mount from competitors like DeepSeek and Meta, marking a significant strategic reversal for the company ...VentureBeat - 14h -
Caity Simmers and John John Florence Join Forces on Veia Supplies
The two reigning champs now ride for the same small, rider-owned surf accessories company. Today, Veia Supplies announced it had signed 2024 world title winner Caity Simmers to its team, and will ...Yahoo Sports - 10h