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Meta cutting 600 AI jobs even as it continues to hire more for its superintelligence lab
MENLO PARK, Calif. (AP) — Meta Platforms is cutting roughly 600 artificial intelligence jobs even as it continues to hire more workers for its superintelligence lab, the company confirmed on Wednesday. Axios first reported the cuts, which will affect Meta’s Fundamental AI Research, or FAIR unit, as well as product-relate[...]
Reddit sues Perplexity, others for alleged data scraping
Reddit sued Perplexity AI and others, accusing them of scraping user content for profit and bypassing anti-scraping measures.
USDA reopens 2,100 offices to deliver $3B farm aid
The Agriculture Department will reopen about 2,100 county offices all across the country Thursday despite the ongoing government shutdown to help farmers and ranchers get access to $3 billion of aid from existing programs. The USDA said each Farm Service Agency office will have two workers who will be paid even though the gove[...]
Gold plunges $250 after hitting record high
Gold prices tumbled more than $250 Tuesday after hitting a record $4,374 per ounce, marking the biggest drop since 2011.
JPMorgan opens $3B Manhattan HQ redefining NYC skyline
JPMorgan Chase opened its new $3B, 60-story headquarters at 270 Park Avenue, a major post-pandemic architectural feat housing 10,000 employees.
Warner Bros. Discovery weighs sale after receiving buyout offers
Warner Bros. Discovery is reviewing potential sale options after receiving multiple offers for all or part of the company, including interest from major rivals.
Nuclear security agency begins furloughing workers as part of shutdown, energy secretary says
The Energy Department furloughed 1,400 National Nuclear Security Administration workers amid the federal shutdown, raising national security concerns.
US, Australia sign critical-minerals agreement to counter China
WASHINGTON (AP) — President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent’s rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described th[...]
Trump suggests US will buy Argentine beef to bring down prices for American consumers
President Donald Trump says the United States could buy Argentine beef in an attempt to bring down prices for American consumers.
Amazon cloud computing outage disrupts major online services
A global Amazon Web Services outage disrupted major platforms including Snapchat, Fortnite, and Signal before service gradually recovered Monday morning.
Boeing awarded $2.7 billion in contracts for Patriot missile seekers
Boeing won $2.7B in multi-year deals to supply key guidance components for Patriot interceptor missiles amid rising global demand.
US Chamber sues Trump over new $100K H-1B visa fee
The U.S. Chamber of Commerce sued the Trump administration, claiming its new $100K H-1B visa fee is unlawful and harms business.
