iRobot, once targeted by Amazon for acquisition, faces financial uncertainty and has raised concerns about its ability to continue operations. The company's shares dropped 42% after reporting a net loss and struggling with cash burn, despite a $200 million loan from Carlyle Group.
D-Wave achieved quantum supremacy with its annealing chip, causing quantum stocks to surge. This milestone comes after skepticism from Nvidia CEO Jensen Huang, who doubted the industry's progress. While the announcement highlights potential breakthroughs, challenges remain in scalability and practical applications.
Obama's production company is developing a Tiger Woods biopic based on Kevin Cook's book, with Will Smith in talks to star. Spinal Tap 2's teaser includes Elton John and original cast members.
Apple TV Plus is now available on Prime Video in Germany, Spain, and Italy, following a similar U.S. partnership. This move aims to increase Apple's streaming service visibility, offering premium content alongside Amazon's extensive library.
The producers of "Gangs of Lagos" and Amazon Prime agreed to apologize after a court settlement for misrepresenting the Eyo Masquerade and the Isale-Eko community in their film.
Lip-Bu Tan, Intel's new CEO, is a seasoned leader with a history of turning small companies into major players. Known for his strategic investments in startups and strong industry connections, he faces the challenge of revitalizing Intel, a company central to the tech industry's history. His background as an underdog who built success from smaller ventures positions him to lead Intel through its current challenges.
The Financial Times offers in-depth coverage of US politics, including updates on regulatory actions like the delay of Amazon Prime's trial. Subscribers gain access to expert analysis, exclusive newsletters, and digital plans with varying features such as premium content and device access.
Amazon, Google, and Meta are supporting Peter Dutton's push for a nuclear energy rollout in Australia, highlighting its reliability for their data centers. They argue it's more consistent than renewables, which they claim Labor's policies have failed to address adequately.
Google has acquired a 14% stake in Anthropic, a high-valued AI startup, to diversify its AI investments while competing with Amazon and Microsoft.
The FTC has asked to delay its trial against Amazon over Prime's alleged deceptive practices, citing staffing losses and potential office moves. Amazon opposes the delay, arguing the FTC still has sufficient resources to proceed as scheduled.
The article lists the top 40 tech companies filing H-1B visas, highlighting Amazon and Pinterest among others.
The U.S. Federal Trade Commission sought a trial delay against Amazon due to resource shortages caused by Trump-era cuts led by Musk's efficiency initiatives.
The FTC has asked to delay the Amazon Prime case due to resource shortages caused by Trump-era cost-cutting measures. The agency faces staffing and budget challenges, impacting its ability to enforce consumer protection laws.
The FTC has requested a two-month delay in the Amazon Prime deceptive practices trial, citing staffing shortages and potential office moves.
The U.S. Federal Trade Commission (FTC) has requested a delay in its trial against Amazon, citing resource shortages caused by government cuts under President Trump, including employee resignations and hiring freezes. Meanwhile, Elon Musk is appealing a court ruling that rescinded his $56 billion Tesla pay package, arguing legal errors in the decision.
The gender wage gap in the U.S. has narrowed since 1982, with women earning 65% of men's wages then and 85% by 2024. Younger workers aged 25-34 see the smallest gap, at 95%, reflecting progress but highlighting ongoing disparities.