Economy

Boeing’s CEO Dave Calhoun and chief engineer Howard McKenzie turn to face those who lost loved ones in fatal crashes as they testify before a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing on the safety culture at Boeing, on Capitol Hill in Washington, U.S., June 18, 2024. Kevin Lamarque | Reuters WASHINGTON […]

U.S. Senator Ted Cruz (R-TX) addresses a news conference on Capitol Hill in Washington, October 6, 2021. Evelyn Hockstein | Reuters WASHINGTON — Lawmakers on Capitol Hill are scrambling to address the boom in deepfake artificial intelligence pornographic images, which have targeted everyone from celebrities to high school students. Now, a new bill will seek […]

Artificial intelligence regulation should not repeat the same mistakes Congress made at the dawn of the social media era, lawmakers at a hearing of the Senate Judiciary subcommittee on privacy and technology made clear Tuesday.During the hearing, where OpenAI CEO Sam Altman testified for the first time, senators from both sides of the aisle stressed… […]

Microsoft CEO Satya Nadella said it is “factually not correct” to claim that Microsoft controls its partner OpenAI, in an excerpt of a pre-taped interview with CNBC’s Andrew Ross Sorkin airing Tuesday.Nadella’s remarks came after Elon Musk — the CEO of Tesla, Twitter and SpaceX, who also co-founded OpenAI — had claimed in an interview… […]

Lots of Club holdings, including Nvidia (NVDA) and Alphabet (GOOGL), were among the stocks traded by some of Wall Street’s biggest investors and money managers in the first quarter. The latest disclosures also shed further light on the crowded activist investor battle at Salesforce (CRM), which heated up earlier this year. Salesforce activist interest CRM… […]

Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China.Zou Wei | Visual China Group | Getty ImagesOn Tuesday, the U.S. government accused a former Apple employee, Weibao Wang, of stealing trade secrets from the company’s self-driving car division,… […]

Handout | Getty Images Entertainment | Getty ImagesDisney on Tuesday asked a Florida court to dismiss a lawsuit by the board of supervisors that Gov. Ron DeSantis had handpicked to oversee Walt Disney World’s operations.The court filing argues that the lawsuit was rendered moot after DeSantis signed a bill that voided Disney’s development deals, which… […]

In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney and Pixar brought a big dose of joy to the box office this weekend. “Inside Out 2” debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film and the first […]

A used 2020 Tesla Model 3 is available for sale on a CarMax lot on March 10, 2022 in Burbank, California. Mario Tama | Getty Images News | Getty Images Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper […]

Published Sun, Jun 16 2024 10:00 AM EDT Morgan Chittum @morgan_chittum Eugene Mymrin | Moment | Getty Images Apple revealed its highly anticipated artificial intelligence strategy this past week — causing investors to rejoice and push shares to all-time highs. It’s a far cry from the stock’s rough start to 2024. More In Analysis The […]