Nobel laureate Christopher Pissarides dismissed the idea that artificial intelligence will restore rapid productivity growth in Western economies, arguing that the fast-growth years may be over. Speak…
US home battery installations hit a record 673 megawatts in Q1 2026, driven by rising electricity costs and state incentives in California, Hawaii, Texas, and Arizona. The trend helps homeowners store…
Microsoft is reportedly planning another round of layoffs affecting less than 2.5% of its workforce, just months after cutting thousands of jobs, as the company prioritizes AI development. The cuts ar…
Meta Platforms is building a cloud business to sell excess AI computing capacity, according to a Bloomberg News report. Shares of the company rose over 6% in premarket trading following the news.…
A new study by Harvard economist Rebecca Diamond finds that women taking GLP-1 weight-loss drugs are significantly more likely to gain employment, with the employment rate rising 27 percentage points …
The U.S. Commerce Department approved Anthropic to restore access to its Claude Mythos 5 AI model for roughly 100 vetted American companies and federal agencies, ending a two-week national security st…
Anthropic won U.S. approval to restore some access to its Mythos 5 AI model after resolving national security concerns, with Commerce Secretary Howard Lutnick citing significant progress in addressing…
A US federal judge ordered the Justice Department to explain its decision to drop criminal charges against Indian billionaire Gautam Adani, citing insufficient reasoning. The judge gave prosecutors un…
OpenAI has delayed its IPO to 2027, expecting AI rival Anthropic to go public first, according to Bloomberg News. The ChatGPT maker had targeted a fall listing, but recent tech stock volatility influe…
ByteDance, the parent company of TikTok, is in early-stage talks to raise approximately $20 billion in what would be its largest offshore loan ever, nearly doubling its previous record. The funds are …
Apple CEO Tim Cook announced unavoidable price increases due to rising memory chip costs driven by AI industry demand and inflation. The hikes will affect products like iPhones, Macs, and iPads, with …
Apple Inc. plans to launch camera-equipped AirPods in late 2027, alongside a foldable iPhone and a 20th-anniversary iPhone model, as part of its biggest wave of new products. The AirPods, designed as …
Ant Group is testing an overhaul of its Alipay super app that introduces an AI agent interface, allowing users to book rides, order coffee, or manage finances via voice or text commands. The move esca…
Mustafa Suleyman, CEO of Microsoft AI, publicly criticized Anthropic's AI services as "extremely expensive," stating that many users are seeking alternatives. The remarks come as Microsoft shifts GitH…
OpenAI has held talks with Citigroup Inc. and JPMorgan Chase & Co. about joining the underwriting group for an initial public offering, according to Bloomberg News. The discussions could add those ban…
Taiwanese prosecutors detained three suspects on May 21 for allegedly smuggling Nvidia AI chips to China by routing shipments through Japan using forged export documents. Authorities seized approximat…
President Donald Trump's latest financial disclosure revealed 3,711 trades, mostly in U.S. companies affected by federal policy, sparking scrutiny and accusations of potential insider dealing. However…
Waymo has paused its autonomous taxi service in four cities—Atlanta, San Antonio, Dallas, and Houston—after its robotaxis repeatedly struggled with heavy rain and flooded roads, including an incident …
Waymo has paused its autonomous taxi service in Atlanta after a robotaxi became stuck in a flooded street, marking the fourth city where operations have been halted due to the vehicles' struggles with…