Month: July 2025
Trade Desk’s stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition
Jeff Green, Founder, CEO, and Chairman, The Trade Desk and Andrew Wallenstein, Variety Intelligence Platform, President and Chief Media Analyst speak onstage at “Advertising’s New Normal: Unifying Streaming and Identity in 2023” during the Variety Entertainment Summit at CES at the Aria Resort & Casino on January 06, 2023 in Las Vegas, Nevada. Greg Doherty […]
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Elon Musk looms over jury selection in Tesla Autopilot fatality trial
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Tesla CEO Elon Musk was not in a Miami courtroom Monday, but his name loomed large as a jury was selected for the federal trial of […]
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Andrew Cuomo launches independent New York City mayoral bid after loss to Zohran Mamdani
Former New York governor and New York City mayoral candidate Andrew Cuomo speaks during his primary election night rally in New York City, U.S., June 24, 2025. Kylie Cooper | Reuters Andrew Cuomo launched an independent bid to become mayor of New York City on Monday, setting up a rematch in November with frontrunner Zohran […]
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Inflation report Tuesday should provide clues on the impact tariffs are having on prices
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images June’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data, especially whether tariffs are starting to have an impact. The consumer price […]
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Supreme Court allows Trump to lay off nearly 1,400 Education Department employees
A security guard walks past the U.S. Department of Education headquarters in Washington, D.C., March 12, 2025. Nathan Howard | Reuters The Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department back on track and go through with laying off nearly 1,400 employees. With the three liberal justices in dissent, the court on Monday […]
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Meta removes 10 million Facebook profiles in effort to combat spam
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second presidential term in Washington on Jan. 20, 2025. Evelyn Hockstein | Reuters Meta on Monday said it has removed about 10 million profiles for impersonating large content producers through the first half of 2025 as part […]
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Anthropic, Google, OpenAI and xAI granted up to $200 million for AI work from Defense Department
A view of the Pentagon on December 13, 2024, in Washington, DC. Home to the US Defense Department, the Pentagon is one of the world’s largest office buildings. Daniel Slim | Afp | Getty Images The U.S. Department of Defense on Monday said it’s granting contract awards of up to $200 million for artificial intelligence […]
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This $30 Labubu doll became an international status symbol—it brought in $423 million for its company last year
It was a sunny Thursday evening in New York’s Washington Square Park. People gathered there for one reason, and one reason only: a Labubu fashion show. On June 12, Labubu lovers strutted down the sidewalks with the tiny toy monsters clipped to their purses, backpacks, beltloops — even their dogs’ harnesses. The model with the […]
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Cognition to buy AI startup Windsurf days after Google poached CEO in $2.4 billion licensing deal
In this photo illustration, a man seen holding a smartphone with the logo of US artificial intelligence company Cognition AI Inc. in front of website. Timon Schneider | SOPA Images | Sipa USA | AP Artificial intelligence startup Cognition announced it’s acquiring Windsurf, the AI coding company that lost its CEO and several other senior […]
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Musk’s xAI faces European scrutiny over Grok’s ‘horrific’ antisemitic posts
The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. Jonathan Raa | Nurphoto | Getty Images The European Union on Monday called in representatives from Elon Musk’s xAI after the company’s social network X, and chatbot Grok, generated and spread anti-semitic […]
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