Day: October 23, 2025
Stock futures are little changed ahead of highly awaited inflation data: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Oct. 22, 2025. Brendan McDermid | Reuters Stock futures are little changed Thursday night ahead of a key inflation print. Futures tied to the Dow Jones Industrial Average fell 18 points, or 0.04%. S&P futures ticked up 0.06%, […]
Read More
Applied Materials lays off 4% of workforce
Signage outside Applied Materials headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Chip equipment manufacturer Applied Materials is laying off 4% of its workforce. The company on Thursday began notifying impacted employees around the world “across all levels and groups,” it said in a […]
Read More
Microsoft AI chief says company won’t build chatbots for erotica
Mustafa Suleyman CEO and co-founder of Inflection AI speaks during the Axios BFD event in New York City, U.S., October 12, 2023. Brendan Mcdermid | Reuters Microsoft AI CEO Mustafa Suleyman said the software giant won’t build artificial intelligence services that provide “simulated erotica,” distancing itself from longtime partner OpenAI. “That’s just not a service […]
Read More
Meta replacing humans with AI for FTC-mandated privacy reviews
Priscilla Chan, left, Meta CEO Mark Zuckerberg, and Lauren Sanchez are among guests attending Donald Trump’s inauguration as the 47th U.S. president in the Capitol Rotunda in Washington, D.C., Jan. 20, 2025. Saul Loeb | Afp | Getty Images Meta said Thursday that it’s laying off an undisclosed number of employees in its risk organization […]
Read More
Prosecutor told DOJ there’s not enough evidence to indict Trump foe Sen. Adam Schiff: MSNBC
The U.S. Attorney for Maryland had told superiors at the Department of Justice that she does not believe there is strong enough evidence to charge Sen. Adam Schiff of California with mortgage fraud, MSNBC reported Thursday. President Donald Trump has called on Attorney General Pam Bondi to criminally charge the California Democrat Schiff, a staunch […]
Read More
Former Knicks star Carmelo Anthony says gambling puts pressure on athletes
Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes. Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players. “They may say they don’t […]
Read More
Apple begins shipping American-made AI servers from Texas
Workers at a factory in Houston, Texas build servers for Apple. Apple Apple has started shipping advanced servers for artificial intelligence applications out of a factory in Houston, Texas, the company announced on Thursday. These servers are a core part of Apple’s commitment to spend $600 billion in the U.S. on advanced manufacturing, suppliers, and […]
Read More
Stocks making the biggest moves after hours: Intel, Ford, Deckers, Newmont and more
Check out the companies making headlines in after-hours trading. Alphabet — Shares of search engine giant Alphabet ticked 1% higher after Anthropic and Google officially announced their cloud partnership Thursday. The deal, worth tens of billions of dollars, gives Anthropic access up to one million of Google’s custom-designed Tensor Processing Units, or TPUs. Ford Motor […]
Read More
Disney warns ESPN, other networks may go out on YouTube TV at the end of the month
ESPN and YouTube TV. David Buono | Icon Sportswire | Jaque Silva | NurPhoto | Getty Images Just a month after reaching an agreement with NBCUniversal to avoid dropping its networks, YouTube TV has another potential blackout on its hands — this time with Disney. Disney said Thursday it would begin running public messages for […]
Read More
Google and Anthropic announce cloud deal worth tens of billions of dollars
Anthropic and Google officially announced their cloud partnership Thursday, a deal that gives the artificial intelligence company access to up to one million of Google’s custom-designed Tensor Processing Units, or TPUs. The deal, which is worth tens of billions of dollars, is the company’s largest TPU commitment yet and is expected to bring well over […]
Read More