News

What next for OpenAI after $157 billion bonanza?
2024-10-04 17:55:05
ChatGPT-maker OpenAI has become an AI powerhouse after securing Silicon Valley's largest-ever funding round. The company now faces the challenge of delivering on its promise to become the next Apple or Google.
What could impact mortgage interest rates this fall?
2024-10-04 12:54:44
Several factors could shape mortgage interest rates this fall. Here are a few to look out for now.
Amazon plans to hire 250,000 warehouse workers for holiday season
2024-10-04 12:52:40
Amazon plans to hire 250,000 seasonal employees to staff its U.S. warehouses and fulfillment network for the holiday season.
Employers added 254,000 jobs in September, blowing away forecasts
2024-10-04 12:52:40
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
Revolut urges Meta to step up on cyber fraud reimbursement
2024-10-04 00:35:47
British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "woefully" inadequate.
Tesla issues 5th recall for the new Cybertruck within a year, the latest due to rearview camera
2024-10-03 14:08:04
Tesla is recalling more than 27,000 Cybertrucks because the rearview camera image may not activate immediately after shifting into reverse, the fifth recall for the vehicle since it went on sale late last year.
Australian retailers urged to step into the future with smart technologies for customers
2024-10-03 13:42:23
While self-service technologies in the Australian retail space were initially brought on to create convenience, the self-checkout counters have become the bane of many shoppers' existence.
Hurricane Helene shut down NC mine that is pivotal to world's semiconductor supply
2024-10-03 13:42:23
The remnants of Hurricane Helene ripped through the Western North Carolina mountain town of Spruce Pine last week, disrupting a quartz facility integral to the global production of solar panels and semiconductor chips.
FTC antitrust lawsuit against Amazon will proceed, some claims dropped
2024-10-03 13:42:23
The Federal Trade Commission's antitrust lawsuit against Amazon will proceed, though some claims have been dropped, following a ruling from a federal district judge.
Dutch airline KLM unveils 'firm' cost-cutting measures
2024-10-03 11:55:49
Dutch airline KLM on Thursday announced a sweeping package of "firm" cost-cutting measures it hopes will lead to a boost in operating profits of around 450 million euros ($496 million) "in the short term."
Climate change, economics muddy West's drive to curb Chinese EVs
2024-10-03 11:55:49
China's meteoric rise as the world's powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell—and means they could even stifle the fight against climate change, analysts warn.
Mixed US car sales in Q3 as industry hopes for post-election bounce
2024-10-03 01:28:11
US automakers reported mixed US third-quarter sales, pointing to sluggish demand as consumers contend with affordability challenges and wait for lower interest rates to reach the car lending market.
Historic funding round values OpenAI at $157 billion
2024-10-03 01:28:11
New funding propelled ChatGPT-maker OpenAI to a valuation of $157 billion, the company said on Wednesday, sealing its place as the world leader on artificial intelligence.
Macron backs Chinese EV tariffs as Scholz calls for dialogue
2024-10-03 01:26:15
French President Emmanuel Macron reaffirmed his support for EU tariffs on Chinese electric vehicles, during a visit to Berlin on Wednesday.
Ring just doubled the price of its alarm monitoring service for grandfathered customers
2024-10-03 00:25:12
And people are understandably pissed.
Charter will offer Peacock for free with some cable subscriptions next year
2024-10-03 00:25:12
Charter pushes further into uncharted cable territory.
Toyota boosts its investment in air taxi company Joby Aviation by another $500 million
2024-10-02 14:39:33
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground.
Tesla posts first quarterly increase in deliveries, but shares slump with investors hoping for more
2024-10-02 14:39:33
Low interest financing, sweet lease deals, price cuts and free charging boosted Tesla's global deliveries in the third quarter, the first increase this year for the electric vehicle maker.
Samsung says planning job cuts in some Asian operations
2024-10-02 14:39:33
Samsung Electronics said Wednesday it was planning to cut jobs in some of its Asian operations, after a report that one in ten posts in affected markets could be axed.
Sidewalk robots are teaming with drones for Dallas food deliveries
2024-10-02 13:45:39
Sidewalk robots are set to help some of their airborne counterparts with deliveries in Dallas under an agreement between key players in the industry.

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