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Amazon Raises Prices on Echo, Kindle, Fire TV and eero Devices Amid Memory Cost Surge
Amazon has raised prices for several of its first-party devices, including Echo smart speakers, Fire TV products, Kindle e-readers and eero networking equipment, as rising memory and storage costs put pressure on consumer electronics.

By The Financial District
Aug 241 min read


Detroit Automakers Warn Proposed USMCA Changes Could Add Billions in Costs
Detroit’s automakers plan to argue to the Trump administration that proposed changes to the North American trade agreement could cost the companies billions of dollars and hurt their competitiveness against foreign rivals.

By The Financial District
Aug 241 min read


Former Tesla President Sees Possible Tesla-SpaceX Combination
Former Tesla president Jon McNeill said Tesla and SpaceX could combine “sooner rather than later,” pointing to increasing overlap between the companies' engineering and artificial-intelligence operations.

By The Financial District
Aug 241 min read


Kalshi Accuses Nevada Regulator of Violating Federal Law in Geofencing Dispute
Prediction-market operator Kalshi accused Nevada's gaming regulator of violating federal law after the state sought daily penalties of $120,000 over the company's alleged failure to comply with a geofencing order.

By The Financial District
Aug 241 min read


Unitree Robotics Shares Soar 460% in Shanghai Debut
Chinese humanoid-robot maker Unitree Robotics made its stock-market debut in Shanghai, with its shares closing 460% above their initial public offering price.

By The Financial District
Aug 241 min read


Musk Denies Tesla Is Preparing to Exit China as Separation Reports Persist
Elon Musk has rejected reports that Tesla is preparing to spin off or sell its China operations, calling the reports “absurdly fake news.”

By The Financial District
Aug 241 min read


Rakuten Partners With German Drone Firm to Supply Japan's Military
Rakuten Group Inc. is partnering with German defense startup Helsing to help supply its military drones to Japan's Defense Ministry.

By The Financial District
Aug 241 min read


Natera Shares Jump 21% on Strong Demand for Cancer Blood Test
Genomics company Natera's stock gained 21% on Friday following strong demand for its blood test for detecting cancer, in a move that made executive chairman and co-founder Matthew Rabinowitz a billionaire

By The Financial District
Aug 241 min read


China Moves to Remove Windows From Some Government Systems Over Security Concerns
China is accelerating plans to replace a customized version of Microsoft's Windows 10 in some state-linked entities amid concerns over data security.

By The Financial District
Aug 241 min read


Google DeepMind Shifts AI Leadership Focus Toward Silicon Valley
In 2023, Google merged DeepMind and Google Brain, its two premier artificial-intelligence research operations, into Google DeepMind as it sought to keep pace with competitors including OpenAI and Anthropic.

By The Financial District
Aug 241 min read


GM Ends Chevrolet Retail Operations in China After Sales Collapse
General Motors is ending Chevrolet's retail operations in China after 21 years as sales of the brand plunged by 99% over the past decade.

By The Financial District
Aug 231 min read


Anthropic's Quarterly Revenue Surges to More than $11.5 Billion
Anthropic's preliminary second-quarter revenue surged to more than $11.5 billion, representing more than a 14-fold increase from the same period a year earlier.

By The Financial District
Aug 211 min read


Alibaba's Qwen AI Models Surpass 3 Billion Downloads, Outpacing Meta and Google
Alibaba Group Holding's Qwen family of open-weight artificial-intelligence models has accumulated more than 3 billion downloads globally over the past six months.

By The Financial District
Aug 211 min read


Ferrari's First Electric Car Sells for Record $40 Million at Charity Auction
Ferrari's first-ever electric car has fetched $40 million (£29.5 million) at a charity auction, setting a record for a new vehicle sold at auction.

By The Financial District
Aug 201 min read


Databricks Raises $5 Billion at $190 Billion Valuation as AI Boom Continues
Databricks has raised $5 billion in new funding at a $190 billion valuation, underscoring continued investor enthusiasm for artificial-intelligence companies.

By The Financial District
Aug 201 min read


Apple Expands Houston Manufacturing Operations With Mac Mini, AI Server Production
Apple is expanding its manufacturing operations in Houston, Texas, where it is developing a 20,000-square-foot Advanced Manufacturing Center that will provide hands-on training in advanced manufacturing techniques to students, supplier employees and U.S. businesses.

By The Financial District
Aug 201 min read


OpenAI Replaces Chief Revenue Officer Denise Dresser With Dali Rajic
OpenAI is replacing Chief Revenue Officer Denise Dresser with Dali Rajic, the former president and chief operating officer of cybersecurity company Wiz, as the artificial-intelligence company undergoes another senior leadership change.

By The Financial District
Aug 201 min read


McLaren Revives Manual Transmission With $1.5 Million McL 6GT
McLaren has unveiled the McL 6GT, a limited-production sports car that brings back a manual transmission, hydraulic steering and a V8 engine.

By The Financial District
Aug 201 min read


Microsoft Begins Unifying Consumer and Business Copilot Apps
Microsoft has begun merging its consumer and enterprise Copilot applications, rolling out a unified experience to a small group of users as the company moves toward a broader Copilot platform.

By The Financial District
Aug 201 min read


Lululemon's Chief AI and Technology Officer Ranju Das Leaves Company
Lululemon's artificial-intelligence ambitions have lost their leader.

By The Financial District
Aug 201 min read


Berkshire Investors Await Disclosure of $23 Billion in Second-Quarter Stock Purchases
Institutional investors are required to disclose their U.S.-listed equity investments in quarterly 13-F reports filed within 45 days after the end of each quarter.

By The Financial District
Aug 201 min read


Musk's Pay Package Helps Drive S&P 500 CEO Compensation to Record High
Elon Musk's landmark Tesla compensation package helped propel U.S. executive pay to a record high in 2025, as companies increasingly approved unusually large compensation awards for top executives.

By The Financial District
Aug 181 min read


Bill Ackman Returns to Netflix as Pershing Square Adds Six New Stakes
Investor Bill Ackman has returned to Netflix, adding the streaming company to a group of six new investments disclosed by Pershing Square.

By The Financial District
Aug 181 min read


SanDisk Projects Strong Growth Through 2030 as AI Boosts Memory Demand
Memory and storage supplier SanDisk has sought to ease concerns about a potential slowdown in the memory market with an ambitious long-term growth plan.

By The Financial District
Aug 181 min read
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