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Africans working on AI feel exploited by big American tech companies
Digital workers in Kenya had to sift through horrific online content to train AI, but say they were underpaid, overworked, and got inadequate mental health support. So they're fighting back.Top stories - CBS News - 3 days ago -
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military contract.Business - The New York Times - 3 days ago -
This Cannabis Company Is Snapping Up America's Craft Beer Brewers
Canada’s Tilray Brands built itself into one of biggest craft brewers in U.S.—“I’m either real smart or real dumb,” its CEO said.Business - The Wall Street Journal - 4 days ago -
23andMe CEO on company's future amid financial struggles, data security incident
23andMe CEO Anne Wojcicki discusses the company's future following a major data security incident that led to a $30 million settlement. 23andMe admitted no wrongdoing as a part of the proposed ...Top stories - CBS News - Yesterday -
Walmart Joins Growing List of Companies Dropping DEI Policies
The retailing giant became the biggest employer yet to back away from diversity and inclusion commitments following a conservative pressure campaign.Business - Inc. - Yesterday -
Here’s how HP’s CEO says the company is thinking about possible tariffs
HP’s stock is down following the company’s latest earnings.Business - MarketWatch - Yesterday -
Infosys chair bets companies will develop their own AI models
Nandan Nilekani says small language models trained on specific data are ‘quite effective’Business - Financial Times - Yesterday -
Paradise lost? How cruise companies are ‘eating up’ the Bahamas
Another vast tourist resort project promising jobs and prosperity. But critics say such developments imperil the pristine environments they advertise . Read more in this series Joseph Darville ...World - The Guardian - 23 hours ago -
Maine Becomes the Latest State to Sue Oil Companies Over Climate Change
In a new lawsuit, the state’s attorney general claims oil companies deceived the public about fossil fuel products’ contributions to climate change.Top stories - The New York Times - 13 hours ago -
This $22 billion robotics company’s stock is tumbling as accounting errors found
Symbotic’s stock plunged after the robotics company became the latest example of the consequences of weaknesses in controls over financial reporting.Business - MarketWatch - 14 hours ago -
Drug Companies Face Hostility as They Hope for Allies Among Trump’s Health Picks
Robert F. Kennedy Jr. and other candidates for top health posts are at odds with the drug industry, setting the stage for tense battles over regulatory changes.Business - The New York Times - 3 hours ago -
Top US official warns of 'large uptick' in foreign spies targeting tech companies
The nation's chief counterintelligence officer, Mike Casey, is warning of a "large uptick" in foreign spies trying to secretly infiltrate U.S. tech companies.Top stories - ABC News - October 29 -
Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors
The Czech power company CEZ has signed a deal with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactorsTech - ABC News - October 29 -
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 -
These 9 Tips Can Help Protect You and Your Company From Fake Job Scams
In the last year, the number of phantom jobs offered online and on social media has grown quickly, multiplying the possibilities for identity theft and security breaches.Business - Inc. - October 29 -
Trump's social media company is now worth more than Musk's X after recent surge in stock price
Donald Trump’s Truth Social is now worth more than Elon Musk’s XTech - ABC News - October 29 -
Here’s a sign that profit growth for America’s biggest companies might be about to take off
Corporate executives are dropping hints that the pace of profit growth could be poised to take off in 2025, according to a team of analysts at Bank of America Global Research.Business - MarketWatch - October 29 -
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 yearTech - 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 companyTech - ABC News - October 30