Elon Musk has set a fresh deadline for staff at his artificial intelligence venture xAI, instructing them to submit detailed summaries of their recent work and future plans within 48 hours. According to an email obtained by CNN, Musk told employees on Tuesday afternoon to deliver a one-page report by noon on Thursday. Each summary…
By Lewis Krauskopf NEW YORK (Reuters) – As the U.S. Federal Reserve restarts interest rate cuts, housing shares are one of the areas of the stock market that may benefit, and they have perked up in recent weeks as markets priced in more monetary easing. On Wednesday, the U.S. central bank lowered its benchmark rate…
There was a time, not so long ago, when the classic polo shirt didn’t scream “fashion”. Most of us associated them with dads playing golf, or else a sort of preppy look solely beloved by people who went to boarding school and wore pearl studs. Not so much now. Ever since the likes of Miu…
SAIC ventured into the Indian market in 2019 with its MG Motor brand. Credit: Robert Way/Shutterstock.com. Chinese state-owned auto firm SAIC Motor is set to reduce its 49% shareholding in its Indian joint venture (JV), amid ongoing geopolitical tensions between China and India, as reported by Reuters, citing sources. The reduction in stake by SAIC…
In Nepal, it was a politician’s son posing next to a Christmas tree made from designer shopping bags. In Indonesia, it was a lavish housing allowance for lawmakers amounting to 10 times the minimum wage. In East Timor, it was a multimillion-dollar plan to buy new SUVs for parliamentarians. PREMIUM Why Asia’s Gen Z Is…
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Apple released iOS 26 on Monday, a few months after the company announced it at the June Worldwide Developers Conference. The update brings a new Liquid Glass redesign, call screening and hidden features to your iPhone. The update also brings AI notification summaries for news and entertainment apps back to Apple Intelligence-enabled iPhone. Apple disabled AI notification summaries for news and entertainment apps in January. That came a few…
A senior British couple who were detained by the Taliban in Afghanistan in February have been released and flown to Doha following Qatari mediation, an official with knowledge of the matter told Reuters on Friday. Barbie and Peter Reynolds, whose family had voiced serious concerns over their health and their ability to survive Taliban custody,…
Mark Zuckerberg has created what amounts to a personal political kingdom, using Meta’s corporate structure to spend company funds on his preferred candidates rather than his own money like other tech billionaires, according to The Verge. The Facebook founder’s unique control over Meta allows him to funnel tens of millions in shareholder dollars into a…
Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the stocks on Jim Cramer’s radar. A caller discussed viewing the stock as a speculative position, noting its drop from $4 to around $0.50 before rebounding to $1.71 and going up amid rumors of a business model shift and executive changes. Cramer commented, “Then you’re going to ring…