Spotify’s CEO is stepping down after nearly two decades, causing the company’s shares to drop by 4.2%. Meanwhile, cosmetics company Coty is reviewing its mass-market beauty brands and may consider selling or spinning them off, resulting in a small increase of less than 1% in its shares. In better news, CoreWeave has secured a massive … Read more
Meta Platforms, the parent company of Facebook, is acquiring a privately held microchip startup called Rivos in an effort to boost its internal semiconductor development and gain more control over its artificial intelligence (AI) infrastructure. This move comes as part of Meta’s aggressive capital expenditures on AI, which total $600 billion over the next three … Read more
People around the world are talking to artificial intelligence chatbots like never before. Some users believe these bots have become conscious, even sentient beings. But experts say this is unlikely. They think it’s just a model creating responses based on what it’s been trained on. When a user asked an OpenAI chatbot how it felt, … Read more
Nvidia’s stock price fell as its massive market value slipped below $4.5 trillion on Wednesday. This comes after one of Nvidia’s key customers, Meta, accelerated its development of competing artificial intelligence (AI) chip technology, reducing demand for Nvidia’s products. Source: https://www.barrons.com/articles/nvidia-stock-price-ai-chips-10584ac9
Defense stocks are declining due to the government shutdown, but not as much as expected. Analysts say that some defense contractors may face pressure, but day-to-day operations on major weapons platforms will remain unchanged. The main impact is likely to be on the government contracting process, which will come to a halt. Source: https://www.marketwatch.com/livecoverage/stock-market-today-dow-sp500-nasdaq-lower-us-government-shutdown-dollar-falls-gold-up-adp-data/card/defense-stocks-are-down-with-the-shutdown-but-by-less-than-the-market-nejiB8aCC2KhqPuGJ76X?mod=mw_FV
Corteva, the maker of seeds resistant to pests and weeds, announced it’s separating from its parent company Dow, citing independence for farmers as the main reason. This change affects supplies of chemicals used to control weeds and pests. Source: https://www.wsj.com/business/corteva-to-spin-seed-business-into-separate-company-e81ebefa
Artificial intelligence has become so advanced that “we’re now creating beings,” says Geoffrey Hinton, a Nobel Prize winner. As AI chatbots mimic human-like conversations, some users believe they might be conscious too. However, experts warn that intelligence and consciousness are not the same thing. Some researchers think that if an AI system can reason and … Read more
A 15th US government shutdown has begun due to a disagreement between President Donald Trump’s Republican party and congressional Democrats. Here’s what sparked the standoff: **What Democrats Want** Democrats are using their limited power in Congress to push for healthcare subsidies under the Affordable Care Act (ACA). They want to make permanent tax breaks available … Read more
Iman Clark, CEO of Prickly Pear Health, had an epiphany that led her to TechCrunch’s Startup Battlefield at Disrupt 2025. Nine years ago, she moved from Tunisia to the U.S. for grad school and joined a company that created gamified experiences for people with neurodegenerative conditions. Clark realized that women are twice as likely to … Read more
NBCUniversal uses cookies (small files on your computer or device) and other tracking technologies on its websites, apps, and services. Here’s how it works: **What are Cookies?** Cookies are small text files that help us understand what you want to see on our website. They can be first-party (we put them there) or third-party (our … Read more