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Scale AI Slashes 14% Of Workforce After Meta's $14 Billion Investment
Wednesday, July 16, 2025 - 5:06pm | 524Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. (NASDAQ:META). Shortly afterward, it laid off 14% of its total staff. The Details: The artificial intelligence company confirmed Wednesday that it is reducing its workforce by 200 full-time...
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What's Going On With Roblox Stock On Tuesday?
Tuesday, July 15, 2025 - 2:21pm | 564Roblox Corporation (NYSE:RBLX) shares are trading slightly higher on Tuesday. What Happened: The firm is taking a step in democratizing IP licensing for game creators with the rollout of its new licensing platform, which includes the Roblox License Manager and Licenses catalog. The move is expected...
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Firefly Aerospace Sets Sights On Nasdaq After Moon Landing Success
Monday, July 14, 2025 - 5:15pm | 544Firefly Aerospace, a Texas-based company specializing in space transportation, has submitted paperwork for an initial public offering and intends to list its shares on the Nasdaq under the ticker "FLY." Market Context Firefly's IPO comes at a time when public offerings are making a comeback after a...
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Consumer Tech News (July 7–July 11): Nvidia Hits $4 Trillion, Japan Tariffs Rattle Markets, Hopes Rise For Trump–Xi Summit
Sunday, July 13, 2025 - 12:15pm | 1545Wall Street watched history unfold as Nvidia Corp. (NASDAQ:NVDA) became the first company to hit a $4 trillion market cap, capping off a week of market-moving headlines. In a surprising diplomatic turn, U.S. Secretary of State Marco Rubio called recent talks with Chinese Foreign Minister Wang Yi...
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Secret Service Suspends Six Agents After Butler Rally Failures Last Year — Trump Says 'They Had a Bad Day'
Saturday, July 12, 2025 - 8:15pm | 507Six Secret Service agents have been reportedly suspended without pay following a disciplinary review related to the attempted assassination of former President Donald Trump during a 2024 rally in Butler, Pennsylvania. The internal investigation concluded the officers failed to uphold key security...
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Trump Targets Mexico, EU With 30% Tariffs
Saturday, July 12, 2025 - 12:36pm | 818The United States has announced sweeping new tariffs on imports from both Mexico and the European Union, citing unresolved trade imbalances and ongoing issues with narcotics trafficking. In two letters dated July 11, 2025, President Donald Trump notified the leaders of both regions that 30% tariffs...
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Benzinga Bulls And Bears: Nvidia, Tesla, Carvana — And Trump Amps Up Tariff Talk
Saturday, July 12, 2025 - 7:14am | 1021Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories. U.S. markets closed this week at record highs, driven by Nvidia (NASDAQ: NVDA) surpassing a $4 trillion market cap — the first ever, marking a historic milestone — amid...
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Trump Delivers First June Budget Surplus Since 2017, Thanks To Tariffs
Friday, July 11, 2025 - 4:07pm | 510The Treasury Department announced on Friday that the U.S. government recorded a surplus of just over $27 billion in June, a turnaround driven in large part by a significant increase in tariff revenues. The Details: The surplus came after a $316 billion deficit in May and brings the...
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Intel Unleashes RealSense—New AI, Robotics Player Scores Huge Investment
Friday, July 11, 2025 - 12:32pm | 549Intel Corp. (NASDAQ:INTC) announced on Friday that it has separated its AI, robotics and biometric business into RealSense, an independent company. The Details: Intel also announced that RealSense has secured $50 million in Series A funding, according to CNBC. The investment round includes...
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Ulta Beauty Expands Overseas, Adds UK's Space NK To Its Empire
Thursday, July 10, 2025 - 8:59am | 495Ulta Beauty, Inc. (NASDAQ:ULTA) made a strategic move into the United Kingdom on Thursday by acquiring leading British beauty retailer Space NK Limited. The U.S.-based cosmetics giant announced that it purchased Space NK from investment firm Manzanita Capital, which specializes in backing beauty...
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Why Pony AI Stock Is Gaining On Thursday
Thursday, July 10, 2025 - 7:26am | 488Pony AI Inc. (NASDAQ:PONY) shares advanced in Thursday’s premarket session following a major product development in its autonomous vehicle efforts. The autonomous driving tech firm said its seventh-generation robotaxi platform has officially entered mass production and has started testing on...
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Ford Recalls Over 850,000 Vehicles Due To Stalling Engines
Thursday, July 10, 2025 - 6:26am | 524Ford Motor Company (NYSE:F) has announced a recall of more than 850,000 vehicles in the U.S. due to a faulty fuel system component that may cause engines to stall while driving. The recall affects 11 models, including the Lincoln Navigator, Ford F-150, Explorer, Mustang, and various Super Duty...
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Kraft Heinz Sells Italian Infant Food Business
Thursday, July 10, 2025 - 5:42am | 527Kraft Heinz Co. (NASDAQ:KHC) announced Thursday that it has entered into a definitive agreement to divest its infant and specialty food portfolio in Italy to NewPrinces Group, one of the region’s top food and beverage producers. The financial terms of the deal were not disclosed. The sale...
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Meta, Copilot Flunk AI Privacy 101 — Big Tech Is Playing Chicken With Your Privacy
Wednesday, July 9, 2025 - 7:15pm | 537The risk of unauthorized data collection and privacy breaches has surged as generative AI and large language models (LLMs) become embedded in everyday tools and services. Here's a look at some of the least invasive AI platforms, as well as the most aggressive data collectors. What To Know:...
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OpenAI Set To Unleash AI Browser Targeting Google Chrome's Dominance
Wednesday, July 9, 2025 - 4:59pm | 443OpenAI is preparing to introduce a new web browser powered by artificial intelligence, aiming to directly compete with Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Chrome, which currently dominates the global browser market. The Details: The browser is expected to debut in the coming...