How newsrooms should use AI – or if they should at all – has been a recurrent debate within the media industry over the last several years. Increasingly, these rules are being hammered out at the bargaining table between unions and publishers. Right now, employees at The New York Times are gearing up for a […]
After reportedly exhausting its annual AI budget just four months into 2026, Uber is now questioning whether it’s actually seeing meaningful returns on its investments. In an interview with Rapid Response, Uber president and chief operating officer Andrew Macdonald said the company isn’t seeing a connection between rising token consumption for Claude Code and more […]
Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual bonuses of $340,000. The proposed 18-day strike had hinged on Samsung’s bonus cap for employees in the semiconductor division and followed a substantial rise in the possible […]
Earlier this month, SpaceX and Anthropic announced a new compute partnership that provides access to the rocket company’s Colossus data centers in Memphis, TN. Now, with the release of SpaceX’s IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk’s company. In its S-1 filing, SpaceX said […]
Meta has reportedly notified thousands of employees that they’ve been laid off as the company attempts to compensate for its hefty AI investments. In an email from Meta management shared by Business Insider, impacted staffers were told that the planned headcount reduction was part of the company’s “continued effort to run the company more efficiently […]
The SpaceX IPO is here, and it’s more than just an historic public offering that could make Elon Musk the world’s first trillionaire. It also reveals more ways in which Elon Musk’s companies interact and overlap with each other, shuffling money around in ways that are often difficult to keep track of. This is evident […]
Elon Musk’s final frontier is officially open for business now that SpaceX has formally filed its S-1 prospectus with the SEC. That kicks off what could be the largest initial public offering ever when it lists on the Nasdaq stock exchange with the ticker SPCX. SpaceX generated $18.67 billion in revenue in 2025, driven largely […]
More than 47,000 Samsung Electronics workers are gearing up for an 18-day strike after bonus payment negotiations between the company and its union collapsed. The strike is set to start on Thursday and will be limited to Samsung’s domestic chipmaking plants, raising concerns around the already constrained production of memory chips amid the ongoing shortage. […]
Google is going all in on AI-driven shopping even as some competitors back off. At Google I/O, the company unveiled the latest iteration of its AI commerce tools: a “Universal Cart” that works across different retailers and Google products like Gemini – and eventually YouTube and Gmail, too. Users can add products to Google’s universal […]
eBay has officially rejected GameStop’s offer to buy the online marketplace for $56 billion, citing concerns around “operational risks” and how the acquisition will be financed. In a letter to GameStop CEO Ryan Cohen on Tuesday, eBay’s board of directors said it has “concluded that your proposal is neither credible nor attractive.” “We have taken […]