Tag Archives: CNBC

New Jersey sues Amazon for allegedly discriminating against thousands of pregnant warehouse workers

The state said the lawsuit follows a years-long investigation by its civil rights division into Amazon’s treatment of workers at warehouses across New Jersey.

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IBM tops third-quarter estimates and lifts guidance, but stock drops

IBM’s results topped estimates and the company lifted its guidance, citing artificial intelligence tailwinds.

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Amazon introduces ‘Blue Jay’ warehouse robot that performs multiple tasks at once

The robotics system is called Blue Jay, and Amazon said it’s already being deployed in one of its South Carolina warehouses.

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Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler

Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler

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Amazon’s switch to robots over human warehouse employees will save it up to $4 billion a year, Morgan Stanley says

“The market is under-appreciating AMZN’s GenAI advances in its Retail business with robotics-driven efficiencies,” analyst Brian Nowak said.

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Big tech’s AI acquisition frenzy isn’t always the payday young startup workers dreamed about

As big tech companies like Meta acquire AI startups, many employees are not receiving the cash-out riches they dreamed about, but a layoff instead.

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Country music star Martina McBride’s warning on ‘terrifying’ AI deepfake scam threat to artists and fans

Artificial intelligence-generated deepfakes are threatening the livelihoods of musicians and creating scams that harm fans.

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Tesla set to report third-quarter results after the bell

Tesla has returned to favor on Wall Street after a brutal start to the year.

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Trump White House East Wing ballroom project got $22M boost from YouTube legal settlement

President Trump has said he and donors will cover the costs of the White House East Wing ballroom, but it is not clear who all the contributors are.

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Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app

Airbnb CEO Brian Chesky wants to integrate ChatGPT software into the travel platform, but the software isn’t “quite robust enough.”

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