Posted inBusiness
Bumble shares jump 26% as dating company plans to axe 30% of workforce
Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in…
Posted inBusiness
Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’
Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At…
Posted inBusiness
Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday,…
Posted inBusiness
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has…
Posted inBusiness
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
The Tennis Channel is extending its deal with the Women’s Tennis Association that will see…
Posted inBusiness
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China…
Posted inBusiness
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered…
Posted inBusiness
Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says
Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo…
Posted inBusiness
Nike pushes back Skims launch with Kim Kardashian due to production delays
Kim Kardashian fans are going to have to wait a little longer for the highly…
Posted inBusiness
Amazon expects to cut corporate jobs as it relies more on AI
Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our…