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In an aerial view, a billboard advertising an artificial intelligence (AI) company is posted on Sept. 16, 2025 in San Francisco, California. Justin Sullivan | Getty Images Meta has signed a new long-term agreement to spend up to $27 billion on Dutch cloud provider Nebius‘ AI infrastructure, the company announced on Monday. Over the next […]
The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market. Hiring remained steady as US employers added 64,000 jobs in November, above expectations of a 50,000 increase, the Bureau of Labor Statistics said […]
The ESPN Bet logo on a laptop arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Disney’s ESPN is swapping out its sports betting partner. In separate releases Thursday, the company said it was terminating its agreement with Penn Entertainment years earlier than planned and had signed […]
Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images Chinese tech giant Baidu saw its shares in Hong Kong soar nearly 16% on Wednesday as it increasingly focuses on its artificial intelligence-related business that has also led to a ratings upgrade. Shares […]
Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and cutting 20,000 jobs. FedEx shares surged on Monday even more than rallying Wall Street benchmarks, finishing up 7%. The Memphis-based delivery company said the multi-year agreement covers residential delivery of select large packages […]
President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of Bitcoin, estimated to be worth as much as $17 billion, that […]
President Trump threw TikTok a lifeline Monday night, giving the popular app’s parent company 75 more days to find a buyer for the platform. The 78-year-old argued during a conversation with reporters in the Oval Office that the US should “get half” of TikTok, before caveating that some percentage of that could be from the private sector. Beijing-based ByteDance had a Jan. […]
BATON ROUGE, LOUISIANA – NOVEMBER 9: Flau’jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on November 9, 2024 in Baton Rouge, Louisiana. (Photo by Kristen Young/LSU/Getty Images) Reagan Cotton/lsu | University Images | Getty Images Flau’jae Johnson has a lot […]
