Business

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 …

The Streaming Wars Come Down to 2: YouTube vs. Netflix  The New York Times Source link

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 …

A flight from Los Angeles to Tokyo has declared an emergency and is diverting to Seattle. The United Airlines flight UA32 departed Los Angelas LAX terminal 6 (gate 68B) on time today at 10:45 PDT for a 10-hour flight to Tokyo Narita Airport. The Boeing 787-9 (registration N29978) was cruising at 36,000 feet when the flight turned around over Pacific …

Saving some extra cash is a good thing—but that doesn’t mean shopping is off the table. There’s a smart way to revamp your wardrobe for the summer, and it includes Amazon Prime Day. The only problem? The massive sale wraps tonight, and before long, everything will jump back up to regular price. If all of the options have you feeling …

How the $1,000 ‘Trump Accounts’ for Newborns Will Work  The New York Times Trump account could hit $100,000 by age 21—and $2 million by 60  Fortune Trump Accounts for newborns: How should families use them?  NPR ‘One Big Beautiful Bill’ expands 529 plans. But are there better options?  USA Today $1K ‘Trump Accounts’ for kids: How do they stack up?  KTLA Source link

An admission by Tesla’s directors that investors will be forced to wait until November before voting on key issues has come under sharp criticism fire from a leading U.S. expert on corporate governance.  This week, the company finally lifted the secret surrounding the date of its much-delayed annual shareholder meeting. According to state laws in Texas, Tesla was obligated to hold the meeting by …

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A Beloved Canadian Chocolate Bar Disappears From the Market  The New York Times Why was Jersey Milk cut from Canada and could other chocolate makers follow?  Yahoo Mondelez Canada discontinuing Jersey Milk bars  MSN Opinion | Who killed Jersey Milk? Spoiler: It was the economy  The Spec Mondelez Canada discontinuing Jersey Milk chocolate bars amid low consumer demand  Toronto Star Source link

Earlier this year, Italy used foreign investment screening powers — or “golden power” — to impose harsh conditions on UniCredit’s bid for BPM. UniCredit appealed the decision claiming that the conditions are disproportionate and effectively prevent it from doing the deal. The court said on Saturday that the government should review two of the conditions imposed by Rome on UniCredit …