Month: February 2026
Treasury’s Bessent is called Trump ‘flunky’ by Democrat at House oversight hearing
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to […]
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Alphabet to report earnings: AI, ad momentum key to the fourth quarter
Sundar Pichai, CEO of Google and Alphabet, attends the inauguration of a new hub in France dedicated to the artificial intelligence sector, at the Google France headquarters in Paris, France, on Feb. 15, 2024. Gonzalo Fuentes | Reuters Alphabet is set to report its fourth-quarter earnings Wednesday after the bell. Here’s what analysts polled by […]
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Microsoft brings back executive Hayete Gallot to run cybersecurity, as Charlie Bell takes new role
The Microsoft logo and lettering can be seen on the Microsoft Deutschland GmbH headquarters building in Parkstadt Schwabing in Munich. Matthias Balk | Picture Alliance | Getty Images Microsoft said Wednesday that top security leader Charlie Bell will take on a new role and that Hayete Gallot will return to the company to run security […]
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Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
The U.S. labor market barely budged in January, with hiring below even muted expectations, according to a report Wednesday from payrolls processing firm ADP. Private companies added just 22,000 positions for the month and the number would have been negative had it not been for a surge of 74,000 hires in the education and health […]
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Nvidia-backed AI voice startup ElevenLabs hits $11 billion valuation in fresh fundraise, as it eyes IPO
AI startup ElevenLabs announced on Wednesday it had raised $500 million at an $11 billion valuation, as it eyes a potential IPO. Sequoia Capital led the round, with participation from existing backers Andreessen Horowitz and Iconiq, as well as new investors Lightspeed Venture Partners, Evantic Capital, and Bond. The raise more than triples the $3.3 […]
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AMD’s Lisa Su addresses guidance concerns, says demand still accelerating for advanced chips
Advanced Micro Devices CEO Lisa Su defended the company’s lackluster forecast, telling CNBC on Wednesday that the chipmaker has seen a step up in demand over the last two to three months. Shares tanked 13% Wednesday. “What I would tell you from someone on the inside is AI is accelerating at a pace that I […]
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World’s largest jeweler under pressure as analysts warn it will be hit by volatile silver price
A Pandora Bracelet at the PANDORA Concept Store. Franziska Krug | German Select | Getty Images Pandora, the world’s largest jeweler, is under pressure after analysts warned that the volatile price of silver was a “pernicious problem” for the company. The stock fell more than 9% on Tuesday after the warning from Jefferies analysts, who […]
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Anthropic says no to ads on Claude chatbot, weeks after OpenAI made move to test them
Dario Amodei, co-founder and chief executive officer of Anthropic, during a Bloomberg Television interview in San Francisco, California, US, on Tuesday, Dec. 9, 2025. David Paul Morris | Bloomberg | Getty Images Anthropic on Wednesday said its artificial intelligence chatbot Claude will remain ad-free, a decision that comes just weeks after the startup’s rival OpenAI […]
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Amazon makes Alexa+ AI assistant available to everyone in the U.S. nearly a year after launch
Alexa+ signage during an unveiling event in New York, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon on Wednesday announced it’s making Alexa+ available to everyone in the U.S., almost a year after it launched a revamped version of its digital assistant. Alexa+ has been in an “early access” preview since last […]
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Trump admin to withdraw 700 federal officers from Minnesota: Homan
Border czar Tom Homan speaks during a news conference about ongoing immigration enforcement operations on January 29, 2026 in Minneapolis, Minnesota. Scott Olson | Getty Images The Trump administration will draw down 700 federal law enforcement officers from Minnesota on Wednesday, border czar Tom Homan said. Homan, at a press conference in Minneapolis, announced the […]
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