Tag Archives: big

Microsoft CEO Calls Job Cuts + Big Profits the ‘Enigma of Success’

Microsoft CEO Calls Job Cuts + Big Profits the ‘Enigma of Success’

Microsoft CEO Satya Nadella sent a note to employees on Thursday explaining why the company has cut thousands of jobs while generating huge profits and spending billions on AI. “This is the enigma of success in an industry that has no franchise value,” Nadella wrote. “Progress isn’t linear. It’s dynamic, sometimes dissonant, and always demanding. But it’s also a new …

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Sen. Bill Cassidy Explains His Plan to Fix ‘Mostly Dead’ Social Security. Plus, the Big, Beautiful Bill and RFK Jr. – Barron's

Sen. Bill Cassidy Explains His Plan to Fix ‘Mostly Dead’ Social Security. Plus, the Big, Beautiful Bill and RFK Jr.  Barron’s Americans Face $110,000 Earnings Loss to Prop Up Social Security  Newsweek Worried about Social Security cuts? 3 things to do now if you’re already retired  USA Today We need major changes to Social Security and Medicare before it’s too late  The Hill Social …

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5 Big Takeaways From Tesla’s Q2 Earnings Call

5 Big Takeaways From Tesla’s Q2 Earnings Call

Things could get worse before they get better, at least according to Tesla’s CEO, Elon Musk. Tesla’s second-quarter earnings showed its steepest year-over-year revenue decline in at least a decade, below already grim Wall Street estimates. After the earnings call, Tesla shares were down more than 4% in after-hours trading. Here are the five biggest takeaways from Tesla’s call and …

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Minnesota Coach P.J. Fleck Calls Nebraska Football A ‘Dangerous Team’ In Big Ten

Minnesota Coach P.J. Fleck Calls Nebraska Football A ‘Dangerous Team’ In Big Ten

Nebraska football has fans across the nation – including one in Minneapolis. Minnesota football coach P.J. Fleck addressed the media during the Gophers’ Big Ten Media Days session Wednesday, speaking on his team’s status after Minnesota was picked to finish 11th out of the 18 teams in the conference. During his press conference, KETV Sports Director Andy Kendeigh asked the …

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Big Ten’s Four-Bid CFP Push Tied to TV Revenue Proposal

Big Ten’s Four-Bid CFP Push Tied to TV Revenue Proposal

LAS VEGAS — Big Ten commissioner Tony Petitti’s entrenched position regarding a controversial future College Football Playoff format has sparked a question: Why is he so committed to a largely unpopular position? One answer, according to four sources familiar with CFP discussions, is that Petitti has made assurances of a play-in payday for Big Ten broadcast partners and campus administrators. …

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The Best and Worst of the Big Beautiful Bill

The Best and Worst of the Big Beautiful Bill

Hurray, the OBBBA’s Best Stuff Before we get to the list, let’s establish a few basic principles for today’s grading. First, and most obviously, the U.S. government’s fiscal situation is very bad, getting worse, and driven mainly by unsustainable entitlement programs that grow faster than the economy and inflation, regardless of available revenues. The result is ever-increasing deficits that are …

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The High Costs of Trump’s ‘Big Beautiful’ New Car Loan Deduction – Bloomberg

The High Costs of Trump’s ‘Big Beautiful’ New Car Loan Deduction  Bloomberg Trump’s new tax deduction on auto loans has major limitations: What car buyers should know  USA Today ‘Big, beautiful, bill’ car loan interest tax deduction: These brands, models may qualify  FOX 5 DC Trump’s ‘Big Beautiful Bill’ gives tax breaks to car buyers — but who really wins?  CBT News Understanding The …

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Alexandr Wang is now leading Meta’s AI dream team. Will Mark Zuckerberg’s big bet pay off?

Alexandr Wang is now leading Meta’s AI dream team. Will Mark Zuckerberg’s big bet pay off?

In the summer of 2016, Alexandr Wang was a 19-year-old building his data-labeling startup, Scale AI, in a Silicon Valley pool house with his cofounder, Lucy Guo, while the two participated in the Y Combinator startup accelerator. When not working, the two founders slept on air mattresses and pondered the fledgling business’s potential. Less than a decade later, the pool …

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Starlink Texting Launches on Big Three Phone Carriers Today. Check if You’ll Get for Free

Starlink Texting Launches on Big Three Phone Carriers Today. Check if You’ll Get for Free

T-Mobile’s partnership with SpaceX’s Starlink satellite internet service is finally here, enabling customers to send texts from anywhere in the country, regardless of their proximity to a cellular tower. The direct-to-cell messaging service, called T-Satellite, is also be available to AT&T and Verizon cellphone customers. T-Mobile says its goal is to “eliminate mobile dead zones for good” by way of …

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