Business

Jamie Dimon’s Blunt Message for Europe: ‘You’re Losing’

Jamie Dimon’s Blunt Message for Europe: ‘You’re Losing’

An anonymous reader shares a report: JPMorgan Chase boss Jamie Dimon did not pull his punches when he spoke at Ireland’s Department of Foreign Affairs. “You’re losing,” he said of European competitiveness with the U.S. and Asia, in comments reported by the Financial Times. “Europe has gone from 90% U.S. GDP to 65% over 10 or 15 years. That’s not …

Read More »

Week in Review: X CEO Linda Yaccarino steps down

Week in Review: X CEO Linda Yaccarino steps down

Welcome back to Week in Review! We’ve got tons of news for you this week, including a shakeup at X, Hugging Face’s new robot, new phones from Nothing and Samsung, and a whole lot more. Have a great weekend! Off to do something else: X CEO Linda Yaccarino stepped down this week after a tumultuous two-year tenure marked by advertiser …

Read More »

Walmart recalls 850,000 water bottles after two consumers suffer vision loss from ejecting caps

Walmart recalls 850,000 water bottles after two consumers suffer vision loss from ejecting caps

NEW YORK — Walmart is recalling about 850,000 stainless steel water bottles because the lid can “forcefully eject” and unexpectedly strike consumers — resulting in permanent vision loss for two people to date. The recall covers Walmart’s “Ozark Trail 64 oz Stainless Steel Insulated Water Bottles,” which have been sold at the chain’s stores across the country since 2017. According …

Read More »

xAI explains Grok’s Nazi meltdown, as Tesla puts Elon’s bot in its cars

xAI explains Grok’s Nazi meltdown, as Tesla puts Elon’s bot in its cars

Several days after temporarily shutting down the Grok AI bot that was producing antisemitic posts and praising Hitler in response to user prompts, Elon Musk’s AI company tried to explain why that happened. In a series of posts on X, it said that “…we discovered the root cause was an update to a code path upstream of the @grok bot. …

Read More »

Elon Musk’s AI firm apologizes after chatbot Grok praises Hitler | US news

Elon Musk’s AI firm apologizes after chatbot Grok praises Hitler | US news

Elon Musk’s artificial intelligence company xAI has issued an apology after its chatbot Grok made a slew of antisemitic and Adolf Hitler-praising comments earlier this week on X. On Saturday, xAI released a lengthy apology in which it said: “First off, we deeply apologize for the horrific behavior that many experienced.” The company went on to say: “Our intent for …

Read More »

Intel bombshell: Chipmaker will lay off 2,400 Oregon workers

Intel bombshell: Chipmaker will lay off 2,400 Oregon workers

Intel’s mass layoffs amped up considerably Friday evening with word that the company plans to lay off nearly 2,400 Oregon workers — nearly five times as many as it had reported earlier in the week. The chipmaker has been firing workers all week as new CEO Lip-Bu Tan seeks to streamline Intel’s operations and reduce spending. He’s responding to a …

Read More »