Tag Archives: Deal

Scale AI Layoffs Hit GenAI Team After $14 Billion Meta Deal

Scale AI Layoffs Hit GenAI Team After  Billion Meta Deal

Scale AI just laid off approximately 200 full-time employees (14% of its 1,400-person workforce) and 500 contractors, according to the company. This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring of Scale’s ex-CEO, Alexandr Wang, to lead its new Superintelligence group and the purchase of equity in almost …

Read More »

Johnson & Johnson Tops Earnings Estimates. Financial Chief Says It Can Do Any Deal It Wants. – Barron's

Johnson & Johnson Tops Earnings Estimates. Financial Chief Says It Can Do Any Deal It Wants.  Barron’s Johnson & Johnson stock gains as it cuts tariffs impact estimate, raises outlook  MarketWatch J&J doesn’t have to ‘do a deal out of desperation’ despite facing patent cliffs: CFO  Yahoo Finance J&J Beats Sales Expectations While Trump Threatens Tariffs  Bloomberg Johnson & Johnson lifts 2025 forecast, halves …

Read More »

Pirates deal Adam Frazier to Royals for infielder Cam Devanney – Pittsburgh Post-Gazette

Pirates deal Adam Frazier to Royals for infielder Cam Devanney  Pittsburgh Post-Gazette Frazier returns to Royals in trade with Pirates  ESPN Royals-Pirates trade: Frazier to KC; slugging Minors infielder Devanney to Bucs  MLB.com Pirates trade Adam Frazier to Royals for infielder Cam Devanney: Source  The New York Times Adam Frazier Reportedly Traded to Royals from Pirates Ahead of 2025 MLB Deadline  Bleacher Report Source link

Read More »

Stephen Colbert and Jon Stewart Bash Paramount for Trump Deal

Stephen Colbert and Jon Stewart Bash Paramount for Trump Deal

Two of Paramount Global’s biggest stars, Stephen Colbert and Jon Stewart, demonstrated they don’t intend to pull their punches despite the fact that the company’s soon-to-be owners might be skittish about political fallout from a thin-skinned president. Returning from a break with a mustache and an attitude, “The Late Show” host Colbert unloaded on Paramount for its $16 million settlement …

Read More »

US reaches tariff deal with Indonesia

US reaches tariff deal with Indonesia

US President Donald Trump has settled on another tariff deal – this time with Indonesia. Both Trump and Indonesian President Prabowo Subianto said the tariffs faced by the southeast Asian country would be reduced from 32% to 19%. Trump said this was in exchange for “full access” for American firms. Prabowo wrote on Instagram that the deal marked a “new …

Read More »

Europe Rushes to Negotiate a Trade Deal as Trump’s Team Voices Indifference – The New York Times

Europe Rushes to Negotiate a Trade Deal as Trump’s Team Voices Indifference  The New York Times What retaliatory action is the EU planning over Trump’s tariffs?  Al Jazeera EU trade ministers call Trump’s 30% tariff ‘absolutely unacceptable,’ plan countermeasures  PBS US Tariffs at 30%? C’mon, Europe… Do Something  Bloomberg Trump tariffs send chill through Greek peach harvest  Reuters Source link

Read More »

Trump Announces ‘Great Deal’ on Trade With Indonesia – The New York Times

Trump Announces ‘Great Deal’ on Trade With Indonesia  The New York Times Striking trade deal with US was an ‘extraordinary struggle,’ Indonesia says  CNN Asia-Pacific markets mostly fall after U.S.-Indonesia trade deal  CNBC Indonesian goods will be taxed at 19%, Trump says  PBS Indonesia Sees ‘New Era’ of Trade With US Under Trump Deal  Bloomberg Source link

Read More »

“They Just Gave Musk the Codes”: xAI Lands $200M Pentagon Deal to Deploy Grok AI Across U.S. Military Infrastructure

“They Just Gave Musk the Codes”: xAI Lands 0M Pentagon Deal to Deploy Grok AI Across U.S. Military Infrastructure

IN A NUTSHELL 🚀 Elon Musk’s xAI secures a $200 million contract with the U.S. Department of Defense, aligning with industry leaders like OpenAI and Google. 🔍 The inclusion in the GSA schedule allows federal agencies widespread access to xAI’s cutting-edge AI solutions, such as Grok 4. ⚠️ Concerns arise over bias and reliability in Grok’s output, highlighting the need …

Read More »

Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal – Financial Times

Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal – Financial Times

Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal  Financial Times Nvidia says it will resume H20 AI chip sales to China ‘soon,’ following U.S. government assurances  CNBC Nvidia stock eyes fresh record with AI chipmaker set to resume sales in China after US ban  Yahoo Finance Nvidia’s resumption of AI chips to China is part of rare earths …

Read More »