Business news

Business news • Apr 08

More Interest Rate Cuts Could Happen If Iran War Drags On, Fed Says

Federal Reserve members appeared split on whether a prolonged war in Iran could prompt more interest rate cuts than expected or a rate hike this year,...

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Business news • Apr 08

The New York Times may have found bitcoin founder Satoshi Nakamoto. Here's what you need to know.

For years, bitcoin creator Satoshi Nakamoto has avoided discovery. Now, a 10000-word New York Times investigation may have unraveled the mystery,...

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Business news • Apr 08

Meta unveils first AI model from costly superintelligence team

Meta Platforms on Wednesday ​unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with rivals...

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Business news • Apr 08

Anthropic's Claude Mythos Preview Just Sent Shockwaves Through the Cybersecurity Industry. It's Now Joining Forces with Nvidia, Amazon, Apple, Google, and Microsoft

Experts have long said that artificial intelligence (AI) would change the face of cybersecurity. While many industry leaders have already deployed AI tools...

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Business news • Apr 08

Jeff Shell out at Paramount Skydance

Paramount Skydance announced Wednesday that Jeff Shell is stepping down from his roles as president and member of its board.

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Business news • Apr 08

Jeff Shell Steps Down as President of Paramount

Jeff Shell, the president of Paramount and a former chief executive of NBCUniversal, is stepping down from Paramount after becoming ensnared in a legal...

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Business news • Apr 08

Meta’s New AI Model Gives Mark Zuckerberg a Seat at the Big Kid’s Table

Meta on Wednesday announced its first major model since CEO Mark Zuckerberg rebooted the company's AI efforts last year under a new division called Meta...

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Business news • Apr 08

Analysts warn the TACO trade won’t last forever after an Iran ceasefire wipes out weeks of losses in markets

The announced two-week ceasefire led to a $1.5 trillion market rally Wednesday.

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Business news • Apr 08

Latest investigation into bitcoin founder ties identity to Blockstream CEO Adam Back

A report in The New York Times said Blockstream CEO Adam Back is most likely the pseudonymous creator of bitcoin known as Satoshi Nakamoto.

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Business news • Apr 08

Adam Back Denies He Is Satoshi Nakamoto in Response to Times Investigation

The British computer scientist Adam Back said on Wednesday that he is not the pseudonymous inventor of Bitcoin known as Satoshi Nakamoto, after a New York...

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Business news • Apr 08

Android users can get up to $100 each from this class action suit - see if you're eligible

The suit alleges that Google sent data over cellular connections without your permission. Here's how to file for your share.

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Business news • Apr 08

British computer scientist denies he is bitcoin developer Satoshi Nakamoto

New York Times report claims London-born Adam Back is creator of the cryptocurrency after comparing writings.

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Business news • Apr 08

To beat Altman in court, Musk offers to give all damages to OpenAI nonprofit

Musk won't seek a “single dollar” in OpenAI suit after asking to pocket up to $134 billion.

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Business news • Apr 08

Jeff Shell leaves Paramount after allegations of SEC violations; company calls claims 'baseless'

Paramount President Jeff Shell is leaving his position after a lawsuit accused him of violating SEC rules.

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Business news • Apr 08

Many on Wall Street saw this 'TACO' coming as Trump's brinkmanship starts to lose grip on market

A growing cohort of investors has come to believe Trump's escalation tactics follow a familiar script.

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Business news • Apr 08

Meta releases Muse Spark, the first model from Alexandr Wang's AI team

Meta Superintelligence Labs just released its first model, Muse Spark, after Mark Zuckerberg waged a months-long talent war to staff the unit.

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Business news • Apr 08

David Ellison's top lieutenant is out at Paramount after a strange legal fight

Jeff Shell is leaving Paramount after an odd lawsuit, leaving Paramount CEO David Ellison without one of his top advisors.

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Business news • Apr 08

Iran war's economic aftershocks will be felt for some time

Iran agreed to reopen the Strait of Hormuz. But the economic fallout from five weeks of effective closure is just beginning.

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Business news • Apr 08

John Deere to Pay $99 Million in Monumental Right-to-Repair Settlement

Farmers have been fighting John Deere for years over the right to repair their equipment, and this week, they finally reached a landmark settlement.

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Business news • Apr 08

Introducing Muse Spark: MSL’s First Model, Purpose-Built to Prioritize People

Muse Spark powers a smarter and faster Meta AI assistant, and will be rolling out to WhatsApp, Instagram, Facebook, Messenger, and AI glasses in the coming...

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