Business News

Machines are making more decisions at giant hedge fund
2024-06-27 14:12:20
AQR Capital Management is letting machines play an even bigger role across the $109 billion quant powerhouse, says co-founder Cliff Asness.
'Not a lab experiment': climate tech CEO on green innovation
2024-06-27 14:09:14
Microsoft co-founder and billionaire philanthropist Bill Gates has been hosting executives and entrepreneurs in London this week to boost investment in cutting-edge technologies promising big breakthroughs in tackling climate change.
Boeing aims to lift MAX quality control at Renton factory
2024-06-27 14:09:12
At its plane factory near Seattle, Boeing has increased employee training, appointed mentors for new recruits, brought back retirees as coaches and stepped up tracking of performance metrics.
Coming soon to Mountain View: Drone deliveries
2024-06-27 14:06:43
Mountain View, California, residents will soon be able to order food, medicine and other small parcels to their homes via drone.
Evolve Bank & Trust confirms its data was stolen in cyber attack
2024-06-27 13:35:03
Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management and get approval before entering into any new partnerships.
One murder charge, but at least 19 other clients of Arlington businesswoman dead: "It's very disturbing"
2024-06-27 13:13:54
"I've been doing this as an officer for 23 years now and I have never seen anything like this ... It's very disturbing," said Chris Powell of Arlington police.
Boeing sanctioned by NTSB for releasing details of Alaska Airlines door blowout investigation
2024-06-27 13:13:50
The NTSB said a Boeing executive disclosed non-public information from an investigation into the January incident.
Hollywood's video game actors want to avoid a strike. The sticking point in their talks? AI
2024-06-27 08:22:30
For more than a year and a half, leaders of Hollywood's actors union have been negotiating with video game companies over a new contract that covers the performers who bring their titles to life.
How Apple's software engineering teams manage and test new operating system features ahead of launch
2024-06-27 06:17:09
Internally, Apple engineers rely on a dedicated app to view, manage, and toggle in-development features and user interface elements within pre-release versions of new operating systems. Here's what the app is called and what it can do.
Apple Pay issue in Hungary leading to unauthorized charges
2024-06-27 05:11:42
A serious Apple Pay malfunction appears to have arisen in Hungary. Multiple Apple Pay users in the country have reported unexplained charges in rapid succession.
Inside Netflix’s bet on advanced video encoding
2024-06-27 04:04:14
2025 will make the job even harder.
Amazon crosses $2 trillion in stock market value for the first time
2024-06-26 21:06:08
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday.
Amazon Prime Day runs July 16-17, but there are plenty of Apple deals to grab now
2024-06-26 17:08:31
Amazon officially announced Prime Day 2024 will run July 16-17 and Amazon's own devices are expected to be heavily discounted. But there are plenty of Apple deals going on now ahead of the big shopping event, delivering savings of up to $650 off.
Amazon cloud giant AWS wants public sector to embrace AI
2024-06-26 17:08:27
Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to persuade the public sector to join the artificial intelligence revolution, as the generative AI race with Microsoft and Google heats up.
Air accidents are more common among unprofitable and poorly managed airlines, new research shows
2024-06-26 17:08:23
The airline industry is not for the faint of heart. Margins can be slim and external shocks like the COVID-19 pandemic or gas price fluctuations can be disruptive. And mishaps always balloon in the public imagination, fairly or not.
Rivian shares soar on massive cash injection from Volkswagen, starting immediately with $1 billion
2024-06-26 15:12:06
Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software development agreement.
AI takes center stage as Mobile World Congress Shanghai kicks off
2024-06-26 15:12:06
From phones that can detect deepfake scams to autonomous intelligent vehicles, the disruptive potential of artificial intelligence took center stage as Mobile World Congress Shanghai kicked off Wednesday.
A first up-close look at the U.S. military's Gaza pier project, which has struggled to get aid to Palestinians
2024-06-26 13:29:36
The U.S. military's humanitarian pier is helping to get some additional aid into Gaza, but it has not been smooth sailing.
Were you offered remote work for $1,200 a day? It's probably a scam.
2024-06-26 13:29:32
Job scams jumped 118% in 2023, with AI helping criminals compose genuine-looking posts.
Does Amazon really have invite-only Prime Day deals? Here's what to know for 2024
2024-06-26 13:29:29
Here's everything we know so far about Amazon's invite-only Prime Day deals.

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