News

SpaceX stock erases all its gains and slides below IPO price in intraday trading
SpaceX stock dropped below its initial public offering price for the first time on Wednesday, signaling dwindling hype around the Elon Musk company.Shares dipped below their IPO price of...
Apple gets approval for iPhone AI in China with Alibaba, Baidu
The approval gives it a boost in the world’s most competitive smartphone marketPublished Wed, Jul 15, 2026 · 10:54 PM[BEIJING] Apple on Wednesday (Jul 15) received long-awaited government approval...
Economists, tech leaders warn AI could bring ‘large-scale job displacement’ and other risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going...
With AI character Tilly Norwood set for feature-film debut, Hollywood debates what it means to be an actor
For most of Hollywood’s history, the word “actor” has required little explanation. Actors search for emotional truth in imaginary lives. They collaborate with directors and scene partners, endure 4...
Culture shift needed to curb controlling shareholders’ ‘long shadow’, boost investor confidence
The stewardship of majority owners and vital discipline provided by minority investors must be championed Source link
Meta scraps AI image feature days after launch following privacy backlash
Muse Image faces backlash over privacy concerns and being an automatic opt-in for usersPublished Sat, Jul 11, 2026 · 12:49 PM[MEXICO CITY] Meta said on Friday (Jul 10) it...
Billionaire exodus? California drew 10 times more venture capital than any other state this year
Despite concerns that California’s costs and regulations are bad for business, the state has attracted an unprecedented pile of capital this year, and no other state is even close....
Meta’s new AI image generation tool raises alarm in Hollywood and on Instagram
Influencers under Kyle Hjelmeseth’s talent management firm build their Instagram presence on lived experience. Their control over that image and likeness got shakier Tuesday when Instagram’s parent company Meta...
Sugar market to register small deficit in 2026/27, says broker Czarnikow
Published Wed, Jul 8, 2026 · 10:51 PM[LONDON] The global sugar market will be in a modest deficit of 600,000 metric tons in the 2026/27 season, thanks largely to...
Jennifer Siebel Newsom sought to redefine the role of first spouse. Now, she faces her biggest test
Jennifer Siebel Newsom was frustrated.She was standing behind her husband, California Gov. Gavin Newsom, at a February press conference to celebrate a new bill that would give Planned Parenthood...
Xbox cuts 3,200 jobs as gaming business struggles
Xbox is hitting the reset button.Microsoft’s video game division plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a sweeping...
Gold heads for first weekly gain since May on easing Fed outlook
Published Sun, Jul 5, 2026 · 06:10 PMGOLD headed for its first weekly gain since May as traders dialled down their expectations of Federal Reserve rate hikes.Bullion rose towards...