US retail giant Walmart is gearing up to raise prices at its stores, potentially within weeks, due to the costs of President Donald Trump’s tariffs. The company’s Chief Financial Officer John David Rainey told CNBC that tariff-related price hikes are likely to start rolling out “towards the tail end of this month” and may increase … Read more
Target has reduced its financial outlook for the year, citing weaker-than-expected earnings due to tariffs and customer pullback. The retail chain is struggling with the impact of fast-changing trade policies and a backlash from customers who are opposing the company’s decision to end certain diversity, equity and inclusion programs. This shift in focus puts pressure … Read more
Google’s I/O keynote focused heavily on its new AI assistant, Gemini, which impressed with its capabilities in the Android space. The upcoming replacement for Google Assistant, Gemini will integrate seamlessly into various aspects of the user’s life. One significant feature is its assistant takeover in Android, where users will be able to ask Gemini to … Read more
US President Donald Trump’s sweeping tariffs have raised tensions among the world’s richest countries, leading to a contentious meeting of the Group of 7 (G7) finance ministers in Banff, Alberta. The annual gathering is typically characterized by cooperation on economic issues, but this year’s discussions may be more challenging due to the tariffs’ impact on … Read more
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Google’s newly released Project Moohan XR headset has already beaten Apple’s Vision Pro in three key areas, and for good reason. The device’s industrial design may bear some resemblance to the Vision Pro, but it outperforms its competitor in terms of build quality and user experience. The biggest difference between the two headsets is the … Read more
The US government’s efforts to limit China’s access to advanced computer chips have had the opposite effect, according to Nvidia’s chief executive Jensen Huang. The export controls, driven by economic and security concerns, have forced Chinese companies like Huawei to accelerate their development of AI chips. Nvidia was required to modify its most powerful chips … Read more
Google has been making waves in the tech industry with its Android XR smart glasses prototypes, but does it live up to the hype? The company recently showcased its offerings at a private event, and we got to try them out for ourselves. While nothing can replace hands-on experience, our demos were limited due to … Read more
Moderna has voluntarily withdrawn its pending Biologics License Application (BLA) for mRNA-1083, a flu/COVID combination vaccine candidate for adults aged 50 years and older. The decision comes after consultation with the US Food and Drug Administration (FDA). Moderna plans to resubmit the BLA later this year, once data from its ongoing Phase 3 trial of … Read more
Inman Connect is heading to San Diego, bringing together thousands of real estate pros and industry leaders to share insights on the latest trends and strategies. This year’s event promises to be a must-attend for anyone looking to grow their business and stay ahead in the competitive world of real estate. However, recent analysis by … Read more