Speaker Johnson hawks $95 billion aid package amid threats to speakership
House Republicans released a $95 billion package providing aid for Ukraine, Israel and Taiwan – as Congress aims to counter threats posed by Russia, Iran and China.
House Republicans released a $95 billion package providing aid for Ukraine, Israel and Taiwan – as Congress aims to counter threats posed by Russia, Iran and China.
Apple has reportedly filed a formal challenge against a €1.8 billion ($1.95 billion) that the European Union handed down earlier this year. The bloc had determined that Apple restricted rival music streaming apps on the App Store.
Nvidia will report its fiscal Q1 earnings after the bell on Wednesday in a crucial report for both the AI trade and broader stock market.
General Motors patented a driver-monitoring system that detects your mental well-being and intervenes if it decides that there is a problem.
Interest payments on the national debt are set to eclipse defense spending this year for the first time ever.
An Apple iPad for $80 off is calling our name, as is a sleek stick vac marked down by over 50%. That's just for starters.
Macy’s recorded another quarter of sales declines, but not as much as Wall Street feared.
NASA wants to build a floating railway on the surface of the moon. Called FLOAT, the technology relies on autonomous robots to move equipment.
Get caught up on this morning’s news: Michael Cohen wraps up testimony, Caitlin Clark’s injury scare and more in today’s edition of The Yodel newsletter
Scale AI, which provides data-labeling services to companies that want to train machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors that include Amazon and Meta. The fundraise is a mix of primary and secondary funding, and is the latest in a slew of big venture capital investments in AI. Amazon recently closed a $4 billion investment in OpenAI rival Anthropic, and the likes of Mistral AI and Perplexity are also in the process of raising more billion-dollar rounds at lofty valuations.
It's a wrap: European Union lawmakers have given the final approval to set up the bloc's flagship, risk-based regulations for artificial intelligence. In a press release confirming the approval of the EU AI Act, the Council of the European Union said the law is "ground-breaking" and that "as the first of its kind in the world, it can set a global standard for AI regulation." The European Parliament had already approved the legislation in March.
U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. KKR said it's making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year. Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil McGriskin, who had sold an e-commerce payments company called Envoy to WorldPay back in 2011.
The ICC is seeking arrest warrants for multiple leaders involved in the Israel-Hamas war. Here's what it means.
Dan Wetzel, Ross Dellenger and SI's Pat Forde react to Dabo Swinney's recent remarks about not using the transfer portal, why noon kickoffs are the worst, why small conferences are pushing back on the House settlement, and Dan's issues with a New York Times article on landscaping
At its Build 2024 conference, Microsoft unveiled Rewind, a new feature that aims to make local Windows PC searches as quick and effective as web searches. Similar to third-party apps like Rewind, Microsoft’s Recall uses AI to retrieve virtually anything you’ve seen on your PC.
Volkswagen’s Audi premium group is pushing deeper into the Chinese market with domestic partnerships, signing a deal with state-owned SAIC to develop new EVs for the mainland. This comes as global rivals like GM and Ford look to minimize losses in the region.
Consolidation is here in cybersecurity, as bigger players in the space pick up startups that will help them grapple with the ever-expanding attack surface for enterprises as they move more activity into the cloud. In the latest development, CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. CyberArk will pay $1 billion in cash and approximately $540 million in shares.
SeekOut, an eight-year-old recruiting startup that uses AI to find candidates, cut about 30% of its workforce this past Thursday, TechCrunch has learned. “Lately, we have been spending roughly $2 to earn $1, and this last fiscal year, we incurred significant cash burn,” SeekOut’s CEO Anoop Gupta and CTO Aravind Bala wrote in a letter to employees. SeekOut laid off 16 employees in October, or about 7% of its workforce at that time, GeekWire reported.
The Consumer Financial Protection Bureau (CFPB) is suing SoLo Funds, a fintech company that enables peer-to-peer lending, alleging that the company used “digital dark patterns” to deceive borrowers and illegally took fees while advertising to consumers that there were no fees. “The CFPB is suing SoLo for using digital trickery to hide interest and fees on its online loans,” CFPB Director Rohit Chopra said in a May 17 press release announcing the suit. The CFPB also alleges that the company misrepresented the cost of loans, interfered with the ability of consumers to understand what they were agreeing to, collected on loans they shouldn’t have and made false threats related to credit reporting.
Powered by Qualcomm's Snapdragon X Elite chip, the Yoga Slim 7x looks and feels like its Lenovo's attempt at making a true rival to the MacBook Air.
The nation's largest bank boosted expectations for a key revenue source in 2024 due partly to fewer rate cuts expected from the Federal Reserve.