Business Services
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XXX on X? Social Media Platform OKs Adult Content
The company issues a formal announcement that "adult content" is allowed on X, as long as it's labeled and doesn't violate other policies.
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Atlanta Water Mishap Upends Businesses and Residents
A water main break flooded parts of the city for four days, shuttering workplaces, inconveniencing thousands, leaving sinks dry and toilets...
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Court Blocks Fearless Fund's Grant Program for Black Founders. What's Next?
The federal appeals court's ruling is a blow against corporate diversity programs and a win for anti-DEI activists. Here's what the aftermath might...
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Lower-Income Travelers Booking Fewer Hotel Stays
Budget-conscious customers are cutting back on travel plans, and the industry is adjusting forecasts lower.
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Factory Activity, Construction Spending Both Fall in May
As key economic indicators show signs of softening, the data could support a case for the Fed cutting rates later this year.
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Costly Capital Is Crushing Innovation. Bring on the Alternative Lenders
Nearly half of the companies surveyed by Boston Consulting Group cited the rising cost of capital as a major hurdle to innovation, product...
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NYSE Glitch Slashes Berkshire Hathaway, Other Share Prices
The tech malfunction droppedprices on stocks more than 99 percent, but lucky investors saw their trades voided later.
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Consumer Finance Watchdog Readies a List of Repeat Offenders
The registry of nonbank financecompanies that repeatedly brokeCFPBrules could have as many as 7,500 repeat violators, including debt collectors,...
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Summer Power Bills Forecast to Jump 8 Percent
Energy policy organizations see home costs rising in the face of extreme heat conditions. Businesses will also pay more amid changing climate...
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Apple's Big Conference Will Spotlight AI Privacy Issues
The privacy-conscious tech giant is expected to reveal many new AI features at its annual developers conference on June 10, and will stress user...
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Spotify Raises Premium Plan Prices to Chase Profit Margins
The Swedish music streaming service pays artists less than its competitors and charges its customers more. It may add individually tailored...
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This Billionaire Entrepreneur Just Canceled His SpaceX Moon Mission. Here's How He Made His Fortune
Quirky e-commerce mogul Yusaku Maezawa had planned to orbit the moon with SpaceX on an art-focused mission, but recently pulled the plug.
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China Approves Advanced Autonomous Driving Tech Trials
Chinese state-owned and private brands will be the first nine automakers to test their technology as Tesla readies its own model for a later test.
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In Just 1 Sentence, Warren Buffett Points Out How Avoiding the Expedient-Decision Effect Is the Key to Success
No matter how desperate or discouraged you feel, the Berkshire Hathaway founder says you should never make a decision today that you wouldn't make...
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Gen-Zers Slow to Adopt AI Tools
Despite the excitement around AI, just a fraction of teens and young people say they use it regularly.
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Microsoft’s AI Privacy Disaster, Detroit’s New Tech Hub, and More
Microsoft's Recall feature has already been hacked, showing how your business data is always vulnerable.
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Mexico’s first woman president was elected 5 years after it started requiring gender parity in government
On Sunday, Mexico elected its first female president ever, Claudia Sheinbaum. The soon-to-be world leader is a physicist with a doctorate in...
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Microsoft aims to improve customer service call centers with AI
Microsoft on Tuesday said it will introduce new artificial intelligence tools for customer service call centers. Microsoft, which has...
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These solar panel makers will be the government’s go-to vendors for climate projects
Two of the world’s biggest solar panel makers, First Solar and Hanwha Qcells , are the first to register products under an environmental...
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Tesla shareholders are getting out. Wall Street hasn’t written off the stock
Some of Tesla’s institutional shareholders are getting out, convinced that the electric carmaker’s days of dizzying growth are in the...
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Musk reportedly orders Nvidia to ship AI chips slated for Tesla to X and xAI
Tesla CEO Elon Musk has told Nvidia to prioritize shipments of AI processors to his companies X and xAI over the electric-vehicle maker,...
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OpenAI insiders’ latest open letter is a warning against AI. Will anyone listen?
Another day, another open letter: Current and former staff members at OpenAI and a handful of other companies issued on Tuesday a warning about...
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AI startup Cohere raises $450 million from Nvidia, Salesforce, Cisco, and more
Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia and Salesforce Ventures, as well as new...
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U.S. job openings fall to three-year low in April
U.S. job openings fell more than expected in April, pushing the number of available jobs per job-seeker to its lowest in nearly three years as...
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Nearly half of Americans reject EVs, in a blow to the Biden administration’s climate agenda
Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of easy-to-find charging stations...