Tech CEOs Privately Questioned Amodei for Sounding AI Alarm Bells
Nvidia CEO Jensen Huang was among the executives at Tuesday's White House event who called out the Anthropic leader for his warnings about the technology's capabilities.
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Paramount Settlement of Antitrust Case Approved by Judge
The deal announced last week with 12 states, led by California, clears the way for the company's $81-billion acquisition of Warner Bros. Discovery.
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Google Unveils New AI Model Gemini 4 Argon, Sending Alphabet Stock Higher
Google is rolling out the new model to a set of cybersecurity companies before making it available to developers, customers, and consumers at a later date.
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Micron Profit, Revenue Surge as Memory Crunch Looks to Last Through 2028
The company said the shortage of memory chips that has propelled its explosive growth in the past year shows no signs of slowing down.
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FTC Opens Investigation of Anthropic and OpenAI
Agency aims to use its consumer-protection powers to examine whether AI labs have misled the public about dangers from the technology.
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Walgreens Owner Nears Deal to Sell British Pharmacy Chain Boots
The private-equity firm Sycamore Partners is in talks with the billionaire Weston family about a deal valued at roughly $9 billion, including debt.
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Wall Street's Trading Desks Come Down From a Record High
Bankers expect third-quarter revenue to be better than normal, but not to match the big gains earlier this year
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Conde Nast CEO Roger Lynch Steps Down to Join Mattel
Lynch takes the reins at the toy maker as it tries to lean in to Hollywood ambitions and become an entertainment company.
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Amazon Tries to Boost Nuclear Power in Maryland After Scrapping Data Center Deal
The tech giant will help expand power generation at Constellation Energy's Calvert Cliffs plant and explore adding new reactors there.
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MSG Sports Board Approves Spin-Off of Rangers From Knicks
The board approved splitting the Knicks and Rangers businesses into two independent companies, which will both trade on the New York Stock Exchange.
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German Union Warns of Potential Conflict With Volkswagen Over Wage Deals
The German automaker has been working on a broad cost-cutting plan throughout 2025 and 2026 following an agreement with its powerful unions that included 50,000 job cuts in Germany by 2030 and billions of euros a year in cost savings.
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Ford F-150 Sales to Drop This Quarter Over Supplier Issue
The automaker has been working to recover truck production after an aluminum supplier was knocked offline last year.
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Grindr Agrees to Buy HIV-Prevention Telehealth Provider Freddie for $250 Million
The gay dating-app's first major acquisition reflects a broader expansion into the healthcare business.
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Lilly's Next-Gen Obesity Drug Helps People Lose Even More Weight in Study
A drug combination studied in people with Type 2 diabetes lowered blood sugar and helped people lose more weight than with Zepbound alone.
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BMW to Slim Workforce and Boost Efficiencies Through Increased AI Integration
The automaker said the number of divisions and management roles will be cut by 20% over the coming months as it readies for increasingly challenging market conditions.
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General Mills Taps COO to Helm Its Turnaround
The cereal and packaged-foods maker has named its chief operating officer, Dana McNabb, to succeed Jeff Harmening at the helm.
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Hormel Foods to Buy Brakebush Brothers for About $1.06 Billion
The parent of Spam lunch meat and Skippy peanut butter expects the Brakebush acquisition will expand its position in value-added chicken.