Artificial intelligence (AI) start-up Perplexity has made a surprise $34.5bn (£25.6bn) takeover bid for Google’s Chrome internet browser. Moving Chrome to an independent operator committed to user safety would benefit the public, Perplexity said in a letter to Sundar Pichai,…
A South Korean former tech executive accused of helping to spark a cryptocurrency crisis that cost investors more than $40bn (£31.8bn) has pleaded guilty to two criminal counts of fraud. Do Kwon was the boss of Singapore-based Terraform Labs, which…
Elon Musk says that his artificial intelligence company xAI “will take immediate legal action” against Apple for allegedly manipulating its App Store rankings to the advantage of rival AI apps. In a series of X posts on Monday night, Musk…
:max_bytes(150000):strip_icc()/GettyImages-22277232031-629ef0d5ef894388a74cecdec20f17b9.jpg?w=768&resize=768,0&ssl=1 "S&P 500, Nasdaq Close at Record Highs as Stocks Surge After CPI Report Boosts Rate-Cut Hopes")
Biggest S&P 500 Movers on Tuesday 1 hr 57 min ago Advancers Spirit Aviation Holdings (FLYY) warned it may be unable to continue operations, citing an insufficient cash supply and difficulties in navigating operational challenges. Shares of the low-cost airline, which…
Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon…
WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest…
Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 after being named TIME’s “Person of the Year.” Spencer Platt/Getty Images The Trump administration is teeing up what could be…
US President Donald Trump has picked a conservative think tank economist to lead the Bureau of Labor Statistics (BLS), after firing its previous head following weaker-than-expected jobs data. The president said he was nominating EJ Antoni, a federal budget analyst…
The fintech giant Stripe is developing a new blockchain, according to a recent job posting on a site for the crypto lobby group Blockchain Association. “Tempo is a high-performance, payments-focused blockchain,” reads the job advertisement, which is for a product…
Ford CEO Jim Farley speaks at the Louisville Assembly Plant, in Louisville, Ky., on Aug. 11. Darron Cummings/AP hide caption toggle caption Darron Cummings/AP Ford is making a multibillion-dollar bet on electric vehicles. At the Louisville Assembly Plant in Kentucky…