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CVS Reports Stronger Demand
The healthcare company said a 10.3% increase in its second-quarter sales was driven by growth in its health benefits business. Source link
Companies Weigh Growing Power of Cloud Providers Amid AI Boom
A wave of partnerships between AI model makers and cloud providers is leading tech chiefs to assess the benefits of convenience versus becoming too reliant
Uber Delivers First-Ever Operating Profit
The company’s ride-hailing and delivery businesses grew as efforts to stem losses bore fruit. Source link
Meta Offers to Seek Consent for Highly Personalized Ads in Europe
Under pressure from privacy regulators, Meta Platforms has proposed asking all users in Europe to decide whether they would like to see ads targeted based
Elon Musk's X Sues Nonprofit That Accused It of Allowing Hate Speech
The social-media company alleges that the Center for Countering Digital Hate prepares its research using flawed methodologies to censor viewpoints it disagrees with. Source link
At the Core of Hollywood's AI Fight: How Far Is Too Far?
Studios see potential in the technology, while actors, writers and other industry workers fear the worst. Source link
Walmart Pays $1.4 Billion to Boost Flipkart Stake
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link
China's Tech Distress Grows as U.S. Chip Sanctions Bite
Semiconductor imports to China are falling and Chinese companies say they are struggling to get key components and machinery. Source link
The Tech CEO Who Uses His Phone the Old-Fashioned Way
Databricks co-founder Ali Ghodsi relies heavily on his iPhone to run his 5,500-person company. But not all his favorite apps are cutting edge. Source link
Outcry Against AI Companies Grows Over Who Controls Internet’s Content
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