Five key economic points in Biden's 2023 State of the Union address to Congress
2 minutes ago
Biden renewed his call for levying a tax on billionaires, continued his fight against junk fees, cracked down on monopolistic practices and high drug prices.
Microsoft will let companies create their own custom versions of ChatGPT, source says
11 minutes ago
Microsoft is planning to let companies, schools and governments create their own chatbots with OpenAI's ChatGPT for purposes like customer service.
Fed Chair Powell says inflation is starting to ease, but interest rates still likely to rise
9 hours ago
Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.
Microsoft's cloud business, a key pillar of the Club's investment case, stands to gain from the AI craze
5 hours ago
Microsoft (MSFT) CEO Satya Nadella said Tuesday that the firm's cloud-computing division will help it monetize its burgeoning AI capabilities.
Microsoft CEO Nadella calls A.I.-powered search biggest thing for company since cloud 15 years ago
4 hours ago
Satya Nadella said A.I.-powered search is the biggest thing to happen to the company in the nine years he's been CEO.
Facebook co-founder Moskovitz funds research into cooling the Earth with sunlight reflection
3 hours ago
The Degrees Initiative announces $900,000 in funding for scientists in Africa, Asia and South America to research sunlight reflection to fight climate change.
Luxury brand Six Senses is opening its first hotel in Australia
3 hours ago
The hotel is scheduled to open in 2025 on a 22-hectare estate called Burnham Beeches, located 25 miles from Melbourne in the Dandenong mountain range.
Zoom to lay off 1,300 employees, or about 15% of its workforce
10 minutes ago
Zoom on Tuesday announced plans to cut about 1,300 workers, or 15% of its workforce, according to a blog post shared to the company's website.
World's largest drone maker is unfazed — even if it's blacklisted by the U.S.
25 minutes ago
The world's biggest drone maker DJI found itself embroiled in the Russia-Ukraine conflict last year.
Disney needs to show investors it has a plan to make streaming profitable — and stop hemorrhaging money
7 hours ago
When Walt Disney (DIS) reports fiscal first-quarter earnings Wednesday, we need to see a plan to rein in spending and make the streaming business profitable.