The prospect of AI-related layoffs has been the talk of Silicon Valley and Wall Street since ChatGPT launched its first AI model in late 2022. This year, a handful of tech companies are delivering on that promise. Cloudflare is one…
SpaceX’s pending IPO reportedly scheduled for June will double Musk’s publicly traded companies, joining Tesla as a target for investors betting on the CEO’s moonshot goals around automation and space exploration. But rather than seeing twice the opportunity to cash…
Some lucky New York City residents will soon get a chance to snag cheap seats to this summer’s high-priced World Cup. Mayor Zohran Mamdani announced Thursday that 1,000 tickets costing $50 will be made available to residents of the city of more than…
You may have heard of red light therapy as a new wellness must-have, with the potential to regrow hair, improve acne, and aid in muscle recovery. It’s not just wellness influencers and luxury spas leading the charge to red light therapy, though. Dermatologists, sports…
The British government is offering cheaper chocolate and discounted entry to theme parks as it seeks to ease a cost-of-living squeeze and win back voters. Treasury chief Rachel Reeves on Thursday announced modest handouts to help alleviate rising costs sparked by…
Welcome to Eye on AI. Beatrice Nolan here, filling in for AI reporter Sharon Goldman. In today’s issue: Anthropic’s Claude comes to London…OpenAI’s imminent IPO…Google DeepMind’s union battle…and worldwide AI spending on track to hit $2.59 trillion this year. Most…
Intuit beat expectations across nearly every major metric in its third quarter. But the company also announced it was cutting roughly 17% of its workforce. For the quarter ended April 30, the maker of TurboTax, QuickBooks, Credit Karma, and Mailchimp…
For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire Amazon founder Jeff Bezos ever becomes reality. The now Blue Origin owner argued in a recent interview with CNBC that the bottom half of…
Thanks to multiple historic donations last year and an eye-popping volume of philanthropic gifts, MacKenzie Scott has etched her way to becoming one of the world’s most generous philanthropists. But the Chronicle of Philanthropy doesn’t see it that way. Although…
A case in point is the recent 600% share price surge of Allbirds, after the once-trendy sustainable footwear business issued a vague announcement in April 2026 that it would pivot to AI. In the coming months, the company plans to…