Day: March 20, 2026
Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says
Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk misled Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday. Total damages could reach up […]
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Judge blocks restrictive Pentagon press access policy
U.S. Secretary of Defense Pete Hegseth holds a briefing with Chairman of the Joint Chiefs of Staff General Dan Caine, amid the U.S.-Israeli war on Iran, at the Pentagon in Washington, D.C., U.S., March 19, 2026. Evan Vucci | Reuters A federal judge on Friday blocked the Trump administration’s restrictive Pentagon press access policy, which […]
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ChatGPT’s ad pilot has the industry excited, but some insiders are frustrated with the slow rollout
When OpenAI first announced it was rolling out ads on ChatGPT, brands and agencies across Madison Avenue were eager to test the new format to figure out their artificial intelligence advertising strategies. The high-profile announcement, which was far more public than a typical “alpha” test of a new format, presented a massive opportunity. Three of […]
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Super Micro co-founder indicted on Nvidia smuggling charges leaves board
Jaque Silva | Nurphoto | Getty Images Super Micro Computer said Yih-Shyan “Wally” Liaw, a co-founder, has resigned from the server maker’s board after he was indicted in the U.S. on allegations of smuggling equipment containing Nvidia artificial intelligence chips into China. A federal court unsealed the indictment on Thursday. While the company wasn’t specified, […]
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Memory crisis latest: What we learned from the world’s top producers this week
The world’s top memory chip makers made plenty of headlines this week, capped by Micron delivering one of the strongest earnings reports of this artificial intelligence cycle. Micron posted revenue and earnings miles ahead of already high expectations, and guidance pointing to roughly 80% gross margins next quarter. And yet the stock sank. The market […]
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Trump: ‘I don’t want to do a ceasefire’ in Iran war
US President Donald Trump speaks to journalists before boarding Marine One as he departs from the South Lawn of the White House in Washington, DC, on March 20, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump told reporters on Friday he is not interested in a ceasefire with Iran. “We could have […]
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Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year
Key Points The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year. A correction is defined as a decline of more than 10% and less than 20% from a recent high. Small caps are especially sensitive to changes […]
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OpenAI’s first crack at online shopping stumbled. It’s preparing for the next wave
Inkoly | Istock | Getty Images When OpenAI announced its Instant Checkout feature last fall, retailers sprang into action. Etsy, Walmart and Shopify quickly lined up to let users buy merchants’ products directly within its ChatGPT chatbot. Suddenly, the e-commerce world was fixated on shopping agents, the artificial intelligence tools that can make purchases on […]
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Wall Street banks on an unpopular Iran war pushing Trump to de-escalate soon
Wall Street sees a reason for President Donald Trump to try to resolve his war with Iran: political disapproval. Crude oil has soared (Brent is more than 50% higher), and stocks and bonds have dropped since the U.S. began its weekslong war with Iran. A growing chorus of investors now believe Trump is likely to […]
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Trump administration sues Harvard alleging failure to protect Jewish students
Harvard University graduates attend the university’s 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images U.S. President Donald Trump’s administration escalated its attacks on Harvard University on Friday, as it sued the Ivy League school to recover billions of dollars for allegedly failing to protect Jewish […]
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