Amazon Adds 275 Billion to Its Stake in Anthropic
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PG&E Seeks Approval to Sell Stake in Its Power Operations
California’s largest utility said its proposed deal with the global investment firm KKR could reduce customer rates by $100 million over 20 years.The New York Times - Business -
Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI's ChatGPT
Anthropic on Wednesday announced its first-ever enterprise offering, as well as its first iOS app.CNBC - Business -
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.The Wall Street Journal - World -
Amazon Offers Its Q AI Assistant to Business Users
Looking beyond e-commerce storefronts,Amazon's AI system is aimed at allbusinesses, and can evenwrite code to support them.Inc. - Business - Amazon -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
Walmart is closing down its health centers. What does that mean for Amazon, Walgreens and CVS?
A look at whether rival retailers should be worried or encouraged by Walmart shuttering its health centers.MarketWatch - Business -
Blade Now Offers a $275 Bus Ticket to The Hamptons
Blade, after a decade of flying passengers to eastern Long Island on helicopters, is getting into the luxury coach business.The New York Times - Lifestyle -
Blade Now Offers a $275 Bus Ticket to The Hamptons
Blade, after a decade of flying passengers to eastern Long Island on helicopters, is getting into the luxury coach business.The New York Times - Business -
PG&E Nears Deal With KKR for Stake in Power Business Spinoff
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.The Wall Street Journal - World -
PG&E Nears Deal With KKR for Stake in Power Business Spinoff
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.The Wall Street Journal - Business -
Upgraded Museums Add New Value at Colleges and Universities
Educational institutions across the United States are spending more money to renovate museums and make them a more integral part of learning.The New York Times - Business -
Anthropic’s Claude Teams and iOS App: The secure, scalable solution for enterprise AI adoption
Anthropic launches Claude Teams and iOS app, revolutionizing enterprise AI adoption with secure, scalable, and responsible solutions across industries.VentureBeat - Tech -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Antony Blinken tells Israel and Hamas that ‘time is now’ for a deal
Secretary of state says militant group must accept latest proposal but reiterates US opposition to Rafah offensiveFinancial Times - Business - Israel -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
Skybound adds two top execs to lead entertainment expansion
Skybound Entertainment, the creator of mega-hit franchises like The Walking Dead and Invincible, has expanded its management team.VentureBeat - Tech -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
CPAP Lawsuits Settled for $1.1 Billion
Thousands of people with sleep apnea and other illnesses had sued the company, claiming flawed devices were harming them.The New York Times - Health -
Amazon sales soar with boost from artificial intelligence and advertising
Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations. Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday – the latest in a ...The Guardian - World -
Amazon Sales Surge as Company Focuses on AI
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump.The Wall Street Journal - Business - Amazon -
Amazon Gets More Fuel for AI Race
Capital spending under CEO Andy Jassy will go up “meaningfully,” but record operating margins driven by retail, cloud and advertising will ease the pain.The Wall Street Journal - World - Amazon -
USC super team? Trojans add talented transfer Talia von Oelhoffen to loaded roster
USC coach Lindsay Gottlieb no longer has an experience problem, adding another seasoned transfer in Talia van Oelhoffen to bolster a young lineup.Yahoo Sports - Sports -
Kentucky adds PG Kerr Kriisa and sharpshooter Koby Brea as new coach Mark Pope reshapes roster
The Wildcats have added six players via the transfer portal since Mark Pope was hired.Yahoo Sports - Sports -
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - Business - Europe -
Arizona Voted to Repeal Its Abortion Ban
Also, the Fed eyes a longer period of high rates. Here’s the latest at the end of Wednesday.The New York Times - Top stories - Abortion -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Microsoft to Invest $1.7 Billion in AI Infrastructure in Indonesia
The U.S. tech giant said the investment will build on plans to build the company’s first data center region in Indonesia and mark its single biggest investment in Southeast Asia’s largest economy.The Wall Street Journal - Tech - Microsoft -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Mexico proudly controls its energy but could find it hard to reach its climate goals
Mexico's taking control of its oil from U.S. and British companies is taught in schools and celebrated every yearABC News - World - Climate -
America gets its money’s worth for its aid to Middle East ally Jordan
In this context of mounting anti-government anger, the Jordanian government’s decision to join a military engagement against Iran was historically bold.The Hill - Politics -
Lugo gets 5th win in 7 starts, Massey adds 3-run HR as Royals beat Blue Jays 6-1
Seth Lugo pitched seven strong innings to win for the fifth time in seven starts, Michael Massey hit a three-run home run and the Kansas City Royals beat the Toronto Blue Jays 6-1 on WednesdayABC News - Sports - MLB -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon Q enterprise AI chatbot is now generally available
According to early stats, Amazon Q has the potential to help enterprise users become more than 80% more productive at their jobs.VentureBeat - Tech - Amazon