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White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
Business

White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards

Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link

America's Rise as Energy Export Powerhouse Hinges on One Town
Business

America's Rise as Energy Export Powerhouse Hinges on One Town

Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records. Source link

FTC Withdraws Case Against Microsoft-Activision Deal
Business

FTC Withdraws Case Against Microsoft-Activision Deal

The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is

Threads User Engagement Continues to Decline
Business

Threads User Engagement Continues to Decline

User engagement has fallen 70%, putting pressure on parent Meta to roll out new features for its nascent microblogging app. Source link

Russia Boosts Rates as Ukraine War Costs Mount
Business

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link

Ukraine to Seize Bank to Curb Moscow's Influence
Business

Ukraine to Seize Bank to Curb Moscow's Influence

Sense Bank, formerly known as Alfa Bank-Ukraine, is regarded as a symbol of Russia’s involvement in Ukraine’s financial and political affairs. Source link

Streaming Brought Hollywood to a Standstill. Now Comes the Pain.
Business

Streaming Brought Hollywood to a Standstill. Now Comes the Pain.

Hollywood’s biggest strike in 60 years is exposing industry fault lines, with traditional entertainment companies expected to take a near-term hit while streamers are better

Untangling the U.S. From China's Economy Is Messy
Business

Untangling the U.S. From China's Economy Is Messy

The effort to move supply chains out of China is complicated by intertwined Asian markets and Chinese dominance in clean-energy technology. Source link

Sergey Brin Is Back in the Trenches at Google
Business

Sergey Brin Is Back in the Trenches at Google

Co-founder is working alongside AI researchers at tech giant’s headquarters, aiding efforts to build powerful Gemini system. Source link

United Airlines Scaling Back Flights at Newark Airport
Business

United Airlines Scaling Back Flights at Newark Airport

The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms. Source link