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OpenAI still plans a year-end device reveal, but Apple's lawsuit, ecosystem strength and rising component costs may complicate its hardware push.
The judge ruled that federal law protects Apple from claims tied to content uploaded by users.
An EV blog reported Lucid was weighing Chapter 11 or going private on the advice of AlixPartners — Lucid called the claims false
July 15 () - Shares of Celcuity fell about 8% in premarket trading on Wednesday, as the delayed commercial launch of its newly approved breast cancer drug and treatment-tolerability concerns overshadowed the company's first U. Food and Drug Administration on Tuesday approved gedatolisib, branded as Revtorpyk, for certain patients with advanced breast cancer whose tumors do not carry a PIK3CA mutation.
If you want to know the tech sector's priorities, follow the money.
VCI Global (NASDAQ:VCIG) reported a net loss for fiscal 2025 as restructuring costs and higher operating expenses offset growth in its technology and fintech businesses. Revenue declines as consulting business is spun offThe Kuala Lumpur-based company posted a net loss of 30.
SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.
The primary reason for the 12-state lawsuit is that a Paramount-WBD combination would curb entertainment content and distribution, putting the TV/movie marketplace into fewer hands. What's the fallout?
(Bloomberg) -- Investors should look across the entire artificial intelligence value chain rather than focus on Big Tech alone, according to JPMorgan Private Bank’s Madison Faller. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges Most S
Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion dollar company.According to the lawsuit, filed in Oakland, California on Monday Meta used AI systems to "score, rank, and select employees" to be laid off rather than "the considered judgement of managers who knew the work" while disproportionately targeting those on medical or family leave.
There's more to U.S. inflation than just energy prices.
The product is expected to be OpenAI’s first physical AI device and a crucial milestone as the company moves forward with its IPO plans.
Walmart has lowered prices on a range of grocery staples, including ground beef, corn on the cob, cherries, and 24-packs of soda. The nation’s largest retailer recently unveiled a summer rollback campaign covering thousands of products across groceries, household essentials, and seasonal goods ...
A lawsuit alleged the company relied on AI that disproportionately targeted workers with disabilities or who were on medical or parental leave.
JPMorgan Chase (NYSE: JPM) trimmed its earnings forecasts for Circle Internet Group (NYSE: CRCL) and Coinbase Global (Nasdaq: COIN) on July 14. Both Circle and Coinbase are two of the world's biggest crypto companies. While the former is best known for its USDC stablecoin, the latter is ...
The U.S. Department of Justice has expanded an antitrust investigation to include UnitedHealth Group's Claritev unit. The Claritev review is part of broader DOJ scrutiny of healthcare industry practices and market competition. This development adds a fresh layer of regulatory attention for UnitedHealth Group (NYSE:UNH) beyond routine oversight. UnitedHealth Group, one of the largest managed care and healthcare services companies in the U.S., spans insurance, care delivery, and data-driven...
OpenAI has issued another statement on the lawsuit, this time suggesting it lacks merit.
Elevance Health is breaking the Medicare Advantage curse, and the insurer’s earnings could show it on Wednesday. Health insurer stocks have rallied this year after a tough run of rising medical costs that hampered earnings in 2024 and 2025. The results come just a day ahead of the monster of the industry, UnitedHealth Group Wall Street will be watching to see if these two companies can keep the momentum going.
Apple seeks damages and other legal remedies that could slow OpenAI's device development and hiring.
(Updates with Paramount's comments in the third and fourth paragraphs.) Paramount Skydance's (PSK
OpenAI says it takes Apple’s complaint seriously but questions whether the allegations have any merit.
Many of the same factors have propelled big banks’ strong performance: a solid economic backdrop with low unemployment, corporate clients’ appetite for executing big deals, and lots of trading activity.
There’s no sugarcoating it; getting laid off is awful. But if you've been following the news, it feels like tech workers are being laid off left and right. Here’s what one Reddit user, who was recently laid off from an account executive role at a tech company, had to say on the r/Layoffs subreddit: ...
Shares of the corporate stalwart plunged 25% as AI purchases crowd out traditional tech spending in many companies’ budgets.
(Updates with index/price moves, macroeconomic data, and geopolitical news from the first paragraph.
Gravity SUV production issues have hurt sales. The luxury EV maker slashed losses after denying denied a report that it's mulling bankruptcy.
This deal could seriously harm movie theatres.
A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from
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