American Airlines Unveils Boarding Technology To Curb Line Cutters Ahead Of Holiday Rush
American Airlines will make sure that boarding line cutters get the calling out they deserve
Qualcomm Targets $4B In PC Chip Sales, $22B Annual Revenue From New Markets By 2029
As per Qualcomm's new five-year financial projections for 2029, $8 billion will be generated from automotive revenues, $4 billion from industrial chips, and $2 billion from headset-related chips.
Pfizer Not Eligible To Recover $75 Million From Settlement With SEC
Judge ruled that Pfizer could not recover $75 million left over from insider trading SEC settlement.
Microsoft 'Teaches' New AI Tools To 'Act' On Behalf Of Humans In Work And Life
Microsoft is teaching its AI tools to act as agents on behalf of humans.
Georgia Appeals Court Cancels Oral Arguments On Trump Election Case 'Until Further Notice'
Trump and his co-defendants asked the court to hold off on the oral arguments
Appeals Court Likely To Dismiss Amazon, SpaceX Suits Against NLRB
The appeals court is very likely to rule against SpaceX and Amazon in cases filed against the NLRB.
Blackstone Nears Deal To Acquire Jersey Mike's Subs Valued At $8 Billion: Report
Jersey Mike's Subs operates around 3,500 locations, with approximately 2,800 in the United States. The remaining outlets are distributed across Canada and Mexico, employing over 19,000 individuals.
Tech CEOs In Europe Call For 'Europe-First' Mentality Following Trump's 'US-First' Advocacy
Tech CEOs in Europe have called for a Europe-first mindset in terms of technology following Trump's win.
New Nvidia AI Chips Facing Overheating Snag: Report
The new Blackwell graphics processing units are said to overheat when connected together in customized racks designed to accommodate 72 units, which are intended for building powerful AI systems.
Lilly Sues US Agency For Blocking Proposed Drug Rebate Plan
Eli Lilly is taking the HRSA to court for allegedly blocking the pharma's discount plan.
Musk And Ramaswamy's DOGE Seeks 'Super High IQ' Staff But There Is A Big Barrier To Apply
In a post on X, the Department of Government Efficiency stated that it needs "super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting."
GM's Self-Driving Cruise To Pay $500,000 Fine In Connection With Robotaxi Running Over Woman
The Justice Department revealed that Cruise will pay the fine as part of a deferred prosecution agreement.
Tesla Issues Sixth Cybertruck Recall Since Its Launch Last Year
The latest recall involves faulty 'defective drive inverters'.
US October Budget Deficit Swells 287% To $257 Billion
The budget deficit of the U.S. government in October 2023 was $67 billion.
AMD To Reduce Global Workforce By 4% Amid AI Focus
″As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%," an AMD representative said in a statement.
Nvidia, SoftBank Pilot World's First AI-powered 5G Telecom Network
Nvidia and Softback piloted the highly advanced AI and 5G telecom network.
Waymo Opens Robotaxi Service To All In Los Angeles, Marking Biggest Expansion Yet
Waymo expands its robotaxi service in Los Angeles, marking the biggest expansion it has made.
Volkswagen And Rivian Launch Joint Venture Valued At $5.8 Billion
With this venture, the two companies plan to bring "best-in-class software technology" and "next-generation electrical architecture" for future electric vehicles of the companies. The deal will cover various kinds of vehicles, which would also include subcompact cars.
A Lack Of New Aircraft From Boeing Is Bad News For Southwest Employees
The buyout offers mainly target ground operations staff, including customer service agents, baggage handlers and cargo workers.
Shareholders Sue Chipotle Over Portion Sizes
The suit claims portion sizes were "inconsistent" and hurt customer loyalty.
23andMe Slashes Workforce By 40%, Ends Therapeutic Programs
Genetic testing company 23andMe will be restructuring the company to save on costs.
Amazon Weighs New Multi-Billion Dollar Investment in Anthropic: Report
This would be Amazon's second investment in Anthropic, as the company previously announced a $4 billion investment in September last year. At that time, Amazon also revealed that its customers would get early access to Anthropic's technology.
Nvidia Market Value Tops $3.6T After Trump's Victory, Replaces Intel In DJIA
The market value of Nvidia soared to more than $3.6 trillion following Donald Trump.
Boeing To Repay Furloughed Employees, But Will Still Proceed With Job Cuts
The planemaker's CEO, Kelly Ortberg, stated that while factory workers would be repaid for lost wages, the company would still go ahead with its plans to slash approximately 10% of its workforce globally.
Oil Prices Could Sink to $60 Under Trump Presidency, Citi Warns
However, Citi stated that "there is a risk that Trump imposes more sanctions on oil-producing countries like Venezuela and Iran, which could have bullish effects on oil prices."
Automakers Gear Up As New Tariffs, EV Policy Changes Loom Under Trump Administration
In addition to the tariffs on Mexico, the Republican leader has expressed his intention to reverse pro-electric vehicle policies and rescind regulations enforced by the Environmental Protection Agency and the Transportation Department on his first day in office. He also aims to reduce or eliminate tax breaks and other incentives for electric vehicles.
Big Tech CEOs Congratulate President-Elect Donald Trump
CEOs of big tech firms send their well wishes to President-elect Donald Trump.
EU Antitrust Regulator To Fine Apple Under DMA Act: Report
Antitrust regulator of EU is set to fine Apple of allegedly breaching tech rules.
Perplexity To Raise $500 Million At $9 Billion Valuation: Reports
Perplexity is raising a new investment, which could bring its valuation to $9 billion.
FAA Approves New Delivery Drone Of Amazon - The MK30
Amazon receives FAA approval on the use of its new delivery drone MK30.