Amazon.com Inc
IBM announces new quantum processor, plan for Starling supercomputer by 2029
Parts of the IBM Quantum System Two are seen at IBM Thomas J. Watson Research Center on June 6, 2025 in Yorktown Heights, New York. Angela Weiss | Afp | Getty Images IBM on Tuesday announced a roadmap to develop a large-scale, fault-tolerant quantum computer called Quantum Starling. Part of the company’s plan involves the […]
Read More
Bank of America says buy these five stocks that are set to rally
Bank of America thinks there’s a slate of stocks worth snapping up and still have room to run. The firm said buy-rated companies like Nvidia have plenty of upside heading into summer. Other names include Philip Morris, Boot Barn, Amazon and Netflix . Netflix The streaming giant is firing on all cylinders and well positioned […]
Read More
Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with […]
Read More
At WWDC, Apple’s AI strategy comes into question
One year ago, Apple announced Apple Intelligence, its response to the wave of sophisticated chatbots and systems kicked off by the arrival of ChatGPT and the age of generative AI. Analysts said Apple’s installed base of more than 1 billion iPhones, the data on its device and its custom-designed silicon chips were advantages that would […]
Read More
From bromance to bitter feud — a timeline of Trump and Musk’s relationship
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters July 2024 Musk publicly endorses Trump following an assassination attempt at a campaign rally in Butler, Pennsylvania. Musk posts on social media platform X: “I […]
Read More
Walmart plans to expand drone deliveries to three more states
Walmart is bringing drone deliveries to three more states. On Thursday, the big-box retailer said it plans to launch the speedier delivery option at 100 stores in Atlanta, Charlotte, Houston, Orlando and Tampa within the coming year. With the expansion, Walmart’s drone deliveries will be available in a total of five states: Arkansas, Florida, Georgia, […]
Read More
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Layoffs are illustrated by an oversized pair of scissors, that looms over seven workers sitting in office chairs suspended by strings. Mathisworks | Digitalvision Vectors | Getty Images While Elon Musk has ended his government cost-cutting initiative that resulted in thousands of federal job cuts, mass layoffs are still roiling corporate America. Companies are under […]
Read More
NBA team sponsorship revenue up 8% to $1.6 billion, boosted by jersey patches
Shai Gilgeous-Alexander #2 and Jalen Williams #8 of the Oklahoma City Thunder react on the bench against the Minnesota Timberwolves during the fourth quarter in Game Five of the Western Conference Finals of the 2025 NBA Playoffs at Paycom Center on May 28, 2025 in Oklahoma City, Oklahoma. Matthew Stockman | Getty Images NBA teams […]
Read More
Court denies Apple appeal in Epic Games case, keeping App Store changes in place
The App Store logo is seen next to the Epic Games Store logo on two screens. Epic, maker of the popular game “Fortnite,” wants to sell digital items in its apps without giving a cut of the purchase price to Apple. Fabian Summer | picture alliance | Getty Images Apple was dealt a blow in […]
Read More
Amazon’s R&D lab forms new agentic AI group
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday. The team will be based in Lab126, the stealthy Silicon […]
Read More