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Tech giants’ results show rosy outlook for AI boom and US stock market
Business

Tech giants’ results show rosy outlook for AI boom and US stock market

Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern Unusual simult...

CitrixNews Staff · 5 months ago
A son overlooked and a jailed tycoon: Inside Samsung's succession drama
Business

A son overlooked and a jailed tycoon: Inside Samsung's succession drama

A son overlooked and a jailed tycoon: Inside Samsung's succession drama24 minutes agoShareSaveAdd as preferred on G...

CitrixNews Staff · 5 months ago
Claude-powered AI agent’s confession after deleting a firm’s entire database: ‘I violated every principle I was given’
Business

Claude-powered AI agent’s confession after deleting a firm’s entire database: ‘I violated every principle I was given’

PocketOS was left scrambling after a rogue AI agent deleted swaths of code underpinning its businessIt only took nine se...

CitrixNews Staff · 5 months ago
Big US tech stocks swing as investors probe AI spend
Business

Big US tech stocks swing as investors probe AI spend

Big US tech stocks swing as investors probe AI spend17 minutes agoShareSaveAdd as preferred on GoogleKali HaysTechnology...

CitrixNews Staff · 5 months ago
Carvana stock pops as used car retailer reports record first-quarter results
Business

Carvana stock pops as used car retailer reports record first-quarter results

Shares of Carvana jumped by as much as 10% in extended trading after the company reported record results during the firs...

CitrixNews Staff · 5 months ago
Meta Deal Reversal Deepens Split Between China and Silicon Valley
Business

Meta Deal Reversal Deepens Split Between China and Silicon Valley

Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up escalates the geopolitical fight over advanc...

CitrixNews Staff · 5 months ago
Chipotle Mexican Grill is about to report earnings. Here's what to expect
Business

Chipotle Mexican Grill is about to report earnings. Here's what to expect

Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here's what Wa...

CitrixNews Staff · 5 months ago
Powell Says He Will Stay on as Fed Governor After Term as Chair Ends
Business

Powell Says He Will Stay on as Fed Governor After Term as Chair Ends

Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain ...

CitrixNews Staff · 5 months ago
PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle
Business

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm's reporting lines to separate...

CitrixNews Staff · 5 months ago
Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion
Business

Bill Ackman’s I.P.O., Pershing Square USA, Raises $5 Billion

The initial public offering of Mr. Ackman’s new fund, Pershing Square USA, raised $5 billion.

CitrixNews Staff · 5 months ago
Musk laments being a ‘fool’ for funding OpenAI on day two of court testimony
Business

Musk laments being a ‘fool’ for funding OpenAI on day two of court testimony

Lawyers for Musk, the world’s richest person, sought to paint him as a tech pioneer who wanted to aid humanityAfter a dr...

CitrixNews Staff · 5 months ago
The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial
Business

The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial

The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decisionOpec appear...

CitrixNews Staff · 5 months ago
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