Category: Business

There’s been a lot of turnover lately at xAI, with numerous executive departures and, yesterday, news that the SpaceX-owned company was hiring two senior leaders from Cursor, an AI coding startup that’s…

Three of the ten Best Picture nominees at this year’s Academy Awards had production budgets of $10M or less.

Meta is a parter in the ambitious 2Africa project, which aims to connect Africa and the Middle East to Europe with 45,000 kilometers of undersea fiber cable.

Apple is lowering its fees for in-app purchases and paid transactions to 25% from 30% in China.

Will Gemini be enough to hush the Apple Maps heads?

ARR exited the quarter up 10.9% on this time last year, a slight slowdown that might compound AI concerns.

Meta’s AI leaders have “instead discussed temporarily licensing Gemini to power the company’s AI products, though no decisions have been reached,” according to the New York Times.

There’s not much in the way of company-specific news to point to: Hims, like many other firms, tanked as oil climbed.

Investors were plagued by inflation fears amid rising oil prices and ongoing private credit concerns.

It’s up big.

Estée Lauder and International Flavors & Fragrances are among the worst-performing stocks since the kinetic conflict in the Middle East started.

Tesla’s $2 billion investment in xAI will be turned into a less than 1% stake in SpaceX.