More companies are announcing AI-driven layoffs from Salesforce to Accenture. Twenty20 From tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize. Last month, tech consultancy firm Accenture announced a…
The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images Close to half of Kalshi’s user base experienced glitches and delays on Saturday during college football games, a major source of trades, as some said they were temporarily unable to process orders….
The CBOE Volatility Index, otherwise known as the Wall Street’s fear gauge, is coming off its most volatile week since April. For investors hesitant to ride out the recent wild swings, Invesco senior portfolio manager John Burrello sees income funds that employ options-based strategies as a sound game plan. His reasoning: They have more structural…
AI headshots are becoming popular on LinkedIn and in professional portfolios as job seekers look for affordable profile pictures to give them an edge. Since first impressions happen almost entirely through a screen, a clean, appealing photo is as important as a strong resume. And in a competitive job market, a good headshot can make…
Electricity companies across the U.S. are struggling to figure out how much demand will actually materialize from the artificial intelligence boom, as the stock market speculates that vast sums of money will be spent on infrastructure to support a big data center buildout. “There is a question about whether or not all of the projections,…
Dr. Martin Luther King Jr. addressing crowd of demonstrators outside the Lincoln Memorial during the March on Washington for Jobs and Freedom. Francis Miller/The LIFE Picture Collection via Getty Images OpenAI halted artificial intelligence-generated videos of Martin Luther King Jr. on Sora after it said users utilized its short-form video tool to create “disrespectful depictions”…
Oracle’s extended rally, which has been driven by the company’s increasingly central position in the artificial intelligence boom, hit pause on Friday, with the stock tumbling 7%, its worst day since January. The slide came a day after the software company revealed a long-term outlook, boosted by AI, at an analysts’ meeting that was part…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Top proxy advisor Institutional Shareholder Services is recommending that Tesla investors vote against a pay plan for CEO Elon Musk that would grant him nearly $1 trillion more…
A demo setup of racks of AI servers connected with Credo cables, displayed at the Open Compute Summit in San Jose, California. Credo In July, Elon Musk posted photos from inside an xAI data center called Colossus 2, which the artificial intelligence startup aims to turn into a massive supercomputing facility in Memphis, Tennessee. Musk’s…
Zoom In IconArrows pointing outwards Kremlin envoy proposes ‘Putin-Trump tunnel’ to link Russia and U.S. Reuters President Donald Trump said Friday that a Russian proposal for Elon Musk and his tunneling business, the Boring Company, to build an undersea rail tunnel through the Bering Strait was “interesting” and he’d have to think about it. “That’s…
