Year: 2025
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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Nearly one-third of major U.S. housing markets now see falling home prices
A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Overinflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Annual home price growth in June was just 1.3%, down […]
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Starbucks employees to return to the office four days a week — or take a payout
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images Starbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday. For workers who would prefer to leave the company instead of heading back […]
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Rocket Lab stock jumps 8%, building on strong two-month rally
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab Rocket Lab stock soared 8% Monday, building on a strong run fueled by space innovation. Shares of the space infrastructure company have nearly doubled over the last two months following a slew of successful launches and a […]
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Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September
U.S. President Donald Trump, flanked by Vice President JD Vance and U.S. Secretary of State Marco Rubio, meets with NATO Secretary General Mark Rutte in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025. Nathan Howard | Reuters President Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s […]
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Amazon jumps into AI vibe coding with preview of Kiro
Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference on July 9, 2025, in Sun Valley, Idaho. Kevin Dietsch | Getty Images Amazon’s cloud unit said Monday that it has released a preview of Kiro, a program that developers can use to write code with help from artificial intelligence. In a post […]
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Trump tariffs don’t cause inflation because of ‘patriotism’ buying: WH advisor
White House economic advisor Kevin Hassett speculated Monday that new tariff policies are not yet sparking widespread price inflation because President Donald Trump has convinced more people to buy American. “There’s, I think, a lot of patriotism in the data,” Hassett said on CNBC’s “Squawk Box” when he was asked to explain why Trump’s protectionist […]
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