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X expands lawsuit over advertiser ‘boycott’ to include Lego, Nestlé, Pinterest, and others
X is now suing more advertisers in an antitrust lawsuit focusing on what the company’s CEO Linda Yaccarino has claimed is a ‘systematic illegal boycott.’ The company formerly known as Twitter first filed the lawsuit against the World Federation of Advertisers and its brand safety initiative the Global Alliance of Responsible Media in August 2024. […]
Increasing egg prices have Americans scrambling
The ‘CBS News MoneyWatch Price Tracker’ shows that a dozen eggs cost, on average, $4.15, compared to $2.51 a year ago, an increase of 65%. Hold onto your shopping carts because that number is expected to get even worse. Nancy Chen has more. — news from CBS News
What Does Chinese AI Start-Up DeepSeek Mean for Nvidia Stock?
DeepSeek, a Chinese artificial intelligence (AI) start-up, is sending shock waves through the U.S. tech sector by demonstrating its latest AI assistant, which achieves performance comparable to or even surpassing some of the world’s best chatbots. The kicker here is that DeepSeek reportedly accomplished this using significantly less computational power, relying on fewer and less […]
It’s ‘Never Going To Happen,’ But A Distracted Musk Should Hand Over CEO Reins At Tesla
No one expected much from Tesla’s fourth-quarter earnings, since 2024 saw its first year of declining electric vehicle sales since going public 15 years ago. But revenue and profit results weren’t just limp — they were worse than analysts predicted. On the company’s earnings call, Elon Musk’s Reality Distortion Field was in full effect as […]
Costco, Teamsters reach tentative contract agreement, avoiding a strike
Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid confirmed the agreement, which will have to be approved by members. Details of the agreement weren’t immediately available. The Teamsters union represents 18,000 Costco workers in six states: California, Washington, […]
DeepSeek: What lies under the bonnet of the new AI chatbot?
DeepSeek, a new AI chatbot, has been making waves in the tech community. According to BBC.com, the new model, DeepSeek-R1, is now available on AWS. However, researchers at The New York Times have noted that some of DeepSeek’s answers include Chinese propaganda. The Guardian also raised questions about the impact of DeepSeek on the future […]
Jefferies CEO slams ‘vitriolic attacks’ over young banker’s death, offers support to junior staff. Read the memo.
Jefferies CEO slams ‘vitriolic attacks’ over young banker’s death, offers support to junior staff. Read the memo. Business InsiderAfter Banker Dies, Jefferies Vows Support and Slams Online Venom BloombergWall Street firm banker found dead in apartment complex Fox NewsInvestment Banker, 28, Dies in ‘Unexplained Death’ in Texas, Police Investigating: Reports PEOPLEJefferies tech banker dies aged […]
Costco, Teamsters reach tentative contract agreement, avoiding a strike
Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid confirmed the agreement, which will have to be approved by members. Details of the agreement weren’t immediately available. The Associated Press left a message seeking comment with . The Teamsters […]
DeepSeek: What lies under the bonnet of the new AI chatbot?
DeepSeek: What lies under the bonnet of the new AI chatbot? BBC.comDeepSeek-R1 models now available on AWS AWS BlogDeepSeek’s Answers Include Chinese Propaganda, Researchers Say The New York TimesWas this the week DeepSeek started the slow unwinding of the AI bet? The Guardian— news from BBC.com
Costco raises nonunion pay to over $30 an hour as union deadline looms
nCostco is boosting hourly wages to more than $30 an hour for most nonunion U.S. store employees, the company said in a memo to staff this week. Starting in March, workers at the top of the pay scale will receive a $1 per hour raise to $30.20, followed by additional $1 raises each year for […]