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Google DeepMind Is Losing Its Grip on Elite AI Talent
Lately, the AI talent market has looked more like a professional sports draft than a conventional hiring cycle. Cash-rich AI labs are offering researchers enormous salaries and equity packages that can turn early employees into billionaires.

By The Financial District
Sep 22 min read


Nvidia Reportedly Agrees to Acquire Hugging Face for $12.9 Billion
Nvidia has agreed to acquire artificial-intelligence company Hugging Face for $12.9 billion.

By The Financial District
Sep 12 min read


Trump-Appointed Judges Rule Nevada Can Regulate Kalshi’s Sports Contracts
A federal appeals court has dealt a significant blow to prediction-market operator Kalshi, ruling that Nevada can regulate the company's sports-event contracts under state gambling laws.

By The Financial District
Sep 12 min read


Meta’s Louisiana Data Center Will Be the Biggest—and Most Opaque, Too
Across cotton and soybean fields in Louisiana, Meta is building what it says will be its largest data center, as the company expands its artificial-intelligence infrastructure in Richland Parish.

By The Financial District
Sep 12 min read


Marc Stad to Become Controlling Owner of Timberwolves, Lynx in $4.5-Billion Deal
Venture capitalist Marc Stad is set to become the controlling owner of the Minnesota Timberwolves and Minnesota Lynx in a transaction that values the two professional basketball franchises at a combined $4.5 billion.

By The Financial District
Aug 311 min read


Wendy’s New CEO Vows to Improve Food Quality as Chain Struggles
Wendy's has lost more than half of its market value over the past two years, and the restaurant chain's new CEO, Bob Wright, acknowledged that food quality had not received enough attention.

By The Financial District
Aug 301 min read


Driscoll’s CEO Soren Bjorn Steps Down as Brie Reiter Smith Takes Over
California berry giant Driscoll’s is changing leadership as CEO Soren Bjorn steps down and Brie Reiter Smith, the company’s board vice chair, takes over as chief executive.

By The Financial District
Aug 301 min read


Globe Telecom Boosts Data Infrastructure as Cloud, AI Demand Surges
Globe Telecom is strengthening its position in the country's emerging digital infrastructure ecosystem, investing ₱26.3 billion in the first half of 2026 as demand for data centers and cloud services accelerates amid the rapid adoption of artificial intelligence (AI).

By Lito U. Gagni
Aug 303 min read


Eli Lilly, Apple and Amazon Lead Forbes’ Most Innovative Large Companies
Forbes' new list of America's Most Innovative Large Companies includes some of the biggest names in pharmaceuticals, technology, manufacturing and financial services, with Eli Lilly taking the No. 1 position.

By The Financial District
Aug 291 min read


Archer Plans Downtown LA Air-Taxi Hub Ahead of 2028 Olympics
Archer Aviation plans to provide another transportation option for the 2028 Olympic and Paralympic Games in Los Angeles through electric air taxis.

By The Financial District
Aug 281 min read


Apple May Raise iPhone Prices as Memory Costs Climb
It was only two months ago that Apple raised prices on an array of products, citing rising component costs, particularly for memory chips.

By The Financial District
Aug 281 min read


Anthropic’s Costly Claude Fable 5 Faces Adoption Headwinds
One of the world’s leading AI companies released its most powerful model, but adoption has been less than spectacular.

By The Financial District
Aug 271 min read


Mark Cuban Proposes Higher Taxes for Companies That Don't Share Equity With Workers
For a billionaire entrepreneur who has frequently spoken about wealth inequality, Mark Cuban has long advocated ways to distribute corporate wealth more broadly among workers.

By The Financial District
Aug 271 min read


Ormat Turns to Geothermal Power to Meet AI Data Center Demand
For decades, Ormat Technologies has built geothermal power plants in locations with underground reservoirs of high-pressure water or steam, including areas around the Pacific “Ring of Fire” stretching from Asia to the Americas.

By The Financial District
Aug 271 min read


Amazon Raises Echo, Kindle and Fire TV Prices as Memory Costs Surge
Amazon has raised prices on several of its first-party devices, including Echo smart speakers, Fire TV devices and Kindle e-readers, as the consumer electronics industry faces significant increases in memory and storage component costs.

By The Financial District
Aug 271 min read


Apple Cuts More Than 200 Jobs as Siri, Vision Pro Teams Are Restructured
Apple is cutting more than 200 jobs across teams responsible for Siri, the Vision Pro headset and other software, as the company shifts resources toward artificial intelligence and new devices.

By The Financial District
Aug 271 min read


Dolly Parton Dies at 80 After Brief Battle With Cancer
Taylor Swift, Beyoncé and Jane Fonda were among those who paid tribute following the death of Dolly Parton, the beloved country music icon, philanthropist and actress, who died at 80.

By The Financial District
Aug 271 min read


Nvidia Employee Charged in Taiwan Over Alleged Smuggling of AI Servers to China
An Nvidia employee has been charged in Taiwan with allegedly helping smuggle advanced AI servers to China in what is believed to be the first known indictment of a worker at the US chipmaker over illegal exports.

By The Financial District
Aug 271 min read


Alphabet Gets Option to Buy Up to $12.2 Billion of Marvell Shares in AI Chip Deal
Alphabet, Google's parent company, has entered into an agreement with Marvell Technology that gives Alphabet the right to purchase up to 58.97 million Marvell shares at $206.58 each, representing more than $12 billion in potential value.

By The Financial District
Aug 261 min read


Stripe Acquires OpenRouter in Reported $7.5-Billion AI Deal
Stripe, the financial technology company, has agreed to acquire OpenRouter, an AI infrastructure startup that helps businesses route requests among different artificial-intelligence models.

By The Financial District
Aug 261 min read


Amazon Expands Prime Air Drone Delivery to Nearly 500 US Cities
Remember the delivery drones Jeff Bezos promised more than a decade ago? Amazon isn't giving up on the idea.

By The Financial District
Aug 251 min read


Stellantis Considers Sale of Brampton Plant as Canada Auto Industry Faces Tariff Pressure
Canadian autoworkers union Unifor said Stellantis had notified the union that the company is considering the closure and sale of its Brampton, Ontario, plant, citing the impact of US trade tariffs.

By The Financial District
Aug 251 min read


Former Spirit Airlines Flight Attendants Challenge Google's $10-Million Data Deal
Google's proposed $10 million purchase of Spirit Airlines' internal data in a bankruptcy auction is facing opposition from former flight attendants who want stronger guarantees that their personal information will be protected.

By The Financial District
Aug 251 min read


U.S. Imposes 50% Tariffs on $20 Billion of Canadian Goods as Ottawa Vows Retaliation
The United States imposed 50% tariffs on $20 billion worth of Canadian products, and Canada immediately said it would retaliate after last-ditch negotiations failed to resolve the latest strain in relations between the two longtime allies.

By The Financial District
Aug 251 min read
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