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Costco shareholders reject call for review of diversity programs
Politics

Costco shareholders reject call for review of diversity programs

A truck driver climbs into a semitruck at a Costco Wholesale location in Hawthorne, California, on March 14, 2020. Patrick T. Fallon | Bloomberg | Getty Images Costco Wholesale shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending […]

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Trump is searching for potential TikTok buyers — who are the likely contenders?
Technology

Trump is searching for potential TikTok buyers — who are the likely contenders?

A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration taken January 19, 2025. Dado Ruvic | Reuters President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles […]

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Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model
World

Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model

The U.S. may have led China in the artificial intelligence race for the past decade, according to Alexandr Wang, CEO of Scale AI, but on Christmas Day, everything changed. Wang, whose company provides training data to key AI players including OpenAI, Google and Meta, said Thursday at the World Economic Forum in Davos that DeepSeek, […]

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Microsoft’s business development chief Chris Young resigns
Technology

Microsoft’s business development chief Chris Young resigns

Christopher Young, executive vice president of business development at Microsoft Corp., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. The GeekWire Summit brings together business, tech and community leaders for discussions about the future. David Ryder | Bloomberg | Getty Images Microsoft‘s head of business development Chris Young, who […]

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Here’s why you’re suddenly following President Trump on Instagram
Technology

Here’s why you’re suddenly following President Trump on Instagram

(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025.  Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re […]

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Samsung launches S25 with boosted AI as Apple battle heats up
World

Samsung launches S25 with boosted AI as Apple battle heats up

Samsung S25 Ultra on display at one of Samsung’s stores in London, U.K. Samsung has boosted the capabilities of the S25 on the Ultra model. Arjun Kharpal | CNBC Samsung Electronics on Wednesday launched its latest flagship smartphones — the Galaxy S25 series — touting a custom chip and boosted AI features. The S25 release […]

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Meta backs Databricks as the data analytics startup inches toward IPO
Technology

Meta backs Databricks as the data analytics startup inches toward IPO

Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor. As the company that trains the popular Llama open-source large language models, or LLMs, that Databricks builds on, Meta plays an important role in the artificial intelligence. Databricks works closely with Meta’s Llama […]

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How Bluesky, Twitter’s one-time side project, is challenging Elon Musk’s X
Technology

How Bluesky, Twitter’s one-time side project, is challenging Elon Musk’s X

Billionaire Mark Cuban, New York Democratic Rep. Alexandria Ocasio-Cortez and author Stephen King are all now on Bluesky. The social media platform is the brainchild of Twitter co-founder Jack Dorsey, who conceived Bluesky as a side project inside Twitter in 2019. Bluesky, which is no longer affiliated with Dorsey, is now its own company, and […]

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AI is the hot topic at Davos this year — here’s what the top CEOs are saying
World

AI is the hot topic at Davos this year — here’s what the top CEOs are saying

Artificial intelligence is the topic du jour at this year’s World Economic Forum Annual Meeting — a major gathering of political and corporate leaders — in Davos, Switzerland. Fabrice Coffrini | AFP / Getty Images Of all the corporate buzzwords, artificial intelligence is by far the one that’s been on every major corporate leader’s lips […]

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UK replaces competition watchdog’s chair with ex-Amazon boss after anti-growth criticism
World

UK replaces competition watchdog’s chair with ex-Amazon boss after anti-growth criticism

Doug Gurr, Amazon’s former U.K. head, has been appointed chair of the Competition and Markets Authority. David M. Benett | Getty Images for Amazon LONDON — The British competition regulator tapped a top former Amazon executive as its new chair after facing accusations from Prime Minister Keir Starmer of stifling growth. The Competition and Markets […]

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