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Uber Swings to Loss Despite Rising Revenue
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Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
AI may cause job losses and rise in carbon emissions, report finds
But economists say it could be offset by the creation of new roles and non-automated sectors. Breakthroughs in artificial intelligence could lead to short-term increases in unemployment, a rise in carbon emissions and leave regulators trailing in ...The Guardian - World -
Report: Caitlin Clark, Fever set WNBA single-game ticket revenue record in loss to Liberty
The New York Liberty earned more than $2 million in ticket revenue in their win over Caitlin Clark and the Fever on Saturday.Yahoo Sports - Sports - WNBA -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Uber launches service that can help with eldercare
Transportation to medical appointments or medical errands can be arranged by app and paid for with health insuranceMarketWatch - Business -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
Clyburn seeking to bolster Biden support among Black voters with swing-state tour
Rep. James Clyburn (D-S.C.) will travel to numerous swing states later this year in an effort to bolster support for President Biden among Black voters, according to his office. The South Carolina Democrat is slated to travel to Michigan, Arizona, ...The Hill - Politics - Joe Biden
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An Nvidia Co-Founder's Latest Bet: Making 'Quantum Valley' in New York
Curtis Priem is donating more than $75 million to help Rensselaer Polytechnic Institute become a hub for a cutting-edge technology.The Wall Street Journal - Tech - New York -
Meta's Plan to Win AI Race: Give Its Tech Away Free
Mark Zuckerberg has trained his “Eye of Sauron” on Meta’s AI strategy, which comes with risks as rivals unveil their free products.The Wall Street Journal - Tech - Meta -
A Teacher Did All He Could to Keep Kids Off Phones. He's Quitting in Frustration.
Mitchell Rutherford faced a crisis of confidence as smartphones took over the classroom and students lost the motivation to learn.The Wall Street Journal - Tech -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
Microsoft Plans Boldest Games Bet Since Activision Deal, Changing How 'Call of Duty' Is Sold
The software company will add the latest installment of the hit videogame series to its Game Pass subscription service at launch.The Wall Street Journal - Tech - Microsoft