Author: Daniel snow
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | ReutersMeta on Monday said it’s removed about 10 million profiles for impersonating large content producers through the first half of 2025 as part of an effort by the company to combat “spammy content.”The crackdown is part of Meta’s broader effort to make the Facebook Feed more relevant and authentic by taking action against and removing accounts that engage in spammy behavior, such content created using artificial intelligence tools.As part of that…
Consumers looking for deals turned to Amazon, in addition to retailers including Target, Walmart, and Best Buy. Source link
TD Cowen analysts say food-industry megamergers haven’t worked. Source link
American business is in the grips of a serious labor shortage, even though hiring has slowed and artificial intelligence is picking up more of the slack.The U.S. Chamber of Commerce says that for every 100 job openings, only 92 workers are available to fill them. That means the nation is short about 1 million workers. To try and meet the demand, companies are seeking locations that are attractive to prospective employees. That makes quality of life a business imperative.Each year, CNBC’s annual rankings of state business climates — America’s Top States for Business —considers Quality of Life among ten categories…
Investors don’t seem to give much credence to claims that cost overruns will give President Trump justification to oust Fed Chair Powell. Source link
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023.Rocket LabRocket Lab stock soared 8% Monday, building on a strong run fueled by space innovation.Shares of the space infrastructure company have nearly doubled over the last two months following a slew of successful launches and a deal with the European Union. The stock is up 63% year to date after surging nearly sixfold in 2024.Last month, Rocket Lab announced a partnership with the European Space Agency to launch satellites for constellation navigation before December. Rocket Lab also announced the successful launch of its 66th,…
Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference on July 9, 2025, in Sun Valley, Idaho.Kevin Dietsch | Getty ImagesAmazon’s cloud unit said Monday that it has released a preview of Kiro, a program developers can use to write code with help from artificial intelligence.In a post on X, Amazon CEO Andy Jassy said Kiro “has a chance to transform how developers build software.”The introduction comes days after Google said it is hiring staffers of AI coding software startup Windsurf as part of a $2.4 billion technology licensing deal. Google said it plans to make its…
A view of the Pentagon on December 13, 2024, in Washington, DC. Home to the US Defense Department, the Pentagon is one of the world’s largest office buildings.Daniel Slim | Afp | Getty ImagesThe U.S. Department of Defense on Monday said it’s granting contract awards of up to $200 million for artificial intelligence development at Anthropic, Google, OpenAI and xAI.The DoD’s Chief Digital and Artificial Intelligence Office said the awards will help the agency accelerate its adoption of “advanced AI capabilities to address critical national security challenges.” The companies will work to develop AI agents across several mission areas at…
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty ImagesStarbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday.For workers who would prefer to leave the company instead of heading back to the office for an additional day, Starbucks is offering a “one-time voluntary exit program with a cash payment,” CEO Brian Niccol said in a letter to employees.”We understand not everyone will agree with this approach,” Niccol wrote in the announcement. “We’ve listened and thought carefully. But…
U.S. President Donald Trump, flanked by Vice President JD Vance and U.S. Secretary of State Marco Rubio, meets with NATO Secretary General Mark Rutte in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025.Nathan Howard | ReutersPresident Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s trade partners “at about 100%” if President Vladimir Putin does not agree to a deal to end his invasion of Ukraine in 50 days.”We’re very, very unhappy with them, and we’re going to be doing very severe tariffs, if you don’t have a deal in 50 days,…