Southwest Airlines tells staff ‘difficult decisions’ ahead

Southwest Airlines tells staff ‘difficult decisions’ ahead

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at … Read more

6 things from my San Francisco trip reveal AI stock winners

6 things from my San Francisco trip reveal AI stock winners

It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a … Read more

The long, winding road of Alphabet’s self-driving Waymo unit

The long, winding road of Alphabet’s self-driving Waymo unit

Alphabet ‘s self-driving car unit Waymo is finally shifting into high gear. After years of heavy investment and losses, Waymo ridership is picking up momentum in its existing West Coast markets, and the company just inked an expanded partnership with Uber to bring its robotaxi service to the ride-hailing giant’s app in Atlanta and Austin, … Read more

Elon Musk hopes supercomputers will boost Tesla and xAI

Elon Musk hopes supercomputers will boost Tesla and xAI

Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than … Read more

Tesla, Nvidia lead tech stocks to one of best day of 2024 on rate cut

Tesla, Nvidia lead tech stocks to one of best day of 2024 on rate cut

Nvidia CEO Jensen Huang presents the Nvidia Blackwell platform at an event ahead of the COMPUTEX Forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve cut its benchmark interest rate for the … Read more

Amazon introduces Amelia, an AI assistant for third-party sellers

Amazon introduces Amelia, an AI assistant for third-party sellers

Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre. Nathan Stirk | Getty Images Amazon is rolling out an artificial intelligence tool designed to help third-party sellers quickly resolve issues with their accounts and fetch sales and inventory data. The company said Thursday that it’s launching the product, called Amelia, in beta for … Read more

Elon Musk’s X ‘declined to send’ appropriate witness to Senate hearing

Elon Musk’s X ‘declined to send’ appropriate witness to Senate hearing

As the riots raged in the U.K., Elon Musk began making incendiary comments about the situation, including the statement: “Civil war is inevitable.” Musk is the owner of X, the social media platform formerly known as X. Aytug Can Sencar | Anadolu | Getty Images While top executives from Alphabet, Meta and Microsoft are headed … Read more

Court backs Google’s challenge to the EU’s $1.7 billion antitrust fine

Court backs Google’s challenge to the EU’s .7 billion antitrust fine

A Google logo displays on a smartphone screen and the European flag on a computer screen. Nikolas Kokovlis | Nurphoto | Getty Images The European Union’s second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) fine imposed on Google by regulators should be annulled, siding with the U.S. tech giant after it challenged … Read more

Tech dealmakers skeptical that M&A will pick up after election

Tech dealmakers skeptical that M&A will pick up after election

Lina Khan, chair of the U.S. Federal Trade Commission, and Jonathan Kanter, assistant attorney general for the Justice Department’s antitrust division, participate in a discussion on antitrust reforms at the Brookings Institution in Washington on Oct. 4, 2023. Khan assumed the role of FTC chair in June 2021 after being appointed by U.S. President Joe … Read more

Intel turns foundry business into subsidiary, weighs outside funding

Intel turns foundry business into subsidiary, weighs outside funding

Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares jumped 8% in extended trading on Monday after the company said it plans to turn its foundry business into an independent unit … Read more