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AI tools could make companies less competitive because everyone buys the same brain, think tank CEO says

Companies rushing to adopt the same AI tools risk losing their competitive edge, independence, and long-term resilience, a think tank CEO says. APHOTOGRAFIA/Getty Images The CEO of a digital economy t...

Jan 17Business InsiderTechnologyImpact

I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...

Jan 15Business InsiderPoliticsImpact

Goldman Sachs Global Macro Research: Gen AI: too much spend, too little benefit [pdf]

Article URL: https://www.goldmansachs.com/static-libs/pdf-redirect/prod/index.html?path=/images/migrated/insights/pages/gs-research/gen-ai--too-much-spend,-too-little-benefit-/TOM_AI%202.0_ForRedactio...

4dHacker NewseconomicsImpact

Paramount needs a cash spoiler to clinch Warner Bros

If repeatedly saying your bid is better than your rival’s doesn’t work, the only other option is to pay more...

6dFinancial TimeseconomicsImpact

Ingenico taps WalletConnect to support stablecoin payments at checkout

By integrating WalletConnect Pay, Ingenico is testing whether stablecoins can function as a practical alternative to card networks in everyday commerce....

Jan 13CoinTelegraphTechnologyImpact

Can the US afford Trump’s $1.5 trillion ‘dream military’?

Donald Trump plans to boost US military spending to $1.5 trillion in 2027. His plan to pay for it does not add up....

Jan 17Al JazeeraPoliticsImpact

South Korea busts $100M underground remittance ring using WeChat, crypto: Report

South Korea’s customs agency charged three suspects over a more than $100 million crypto-linked remittance scheme using WeChat Pay and Alipay, per Yonhap....

Jan 19CoinTelegraphcrimeImpact

I'm a millionaire living in California. I'm happy to pay higher taxes since I have more wealth — it just makes sense.

Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...

1dBusiness InsiderPoliticsImpact

Palmer Luckey says Meta's VR layoffs aren't a 'disaster' — and fix a problem critics aren't talking about

Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...

Jan 19Business InsiderTechnologyImpact

Uber and DoorDash delivery workers missed $550 million worth of tips in New York City, a city report estimates

Changes to how customers tip on Uber Eats and DoorDash have led to lower earnings for gig workers, according to a report from New York City. Artur Widak/NurPhoto via Getty Images Uber Eats and DoorDas...

Jan 13Business InsidereconomicsImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

Jan 17Business InsiderTechnologyImpact

Thailand’s election turns into a cash splash contest to win votes

Thailand’s election season has triggered a dizzying array of cash giveaway offers from parties vying for votes, from a US$2,000 payment for newborns to debt write-offs and US$100 monthly top-ups for t...

Jan 13South China Morning PostPoliticsImpact

‘No reliable evidence’ Taipan bakery chain can settle debts: Hong Kong judge

A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent o...

5dSouth China Morning Posteconomics

Amazon’s CEO says tariffs are starting to ‘creep into’ pricing

Amazon CEO Andy Jassy says consumers are starting to see the impact of tariffs less than a year after President Donald Trump implemented sweeping fees on a range of imported goods. During an interview...

6dThe VergeeconomicsImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

Jan 13Business InsiderTechnologyImpact

Verizon’s prepaid services add a 365-day wait to unlock phones

It's been just one week since Verizon got permission to lift its 60-day phone unlocking period, and the carrier is already making changes to its policy. Now, Verizon says customers who activate a phon...

5dThe VergeTechnologyImpact

Dell Outlet Has an Alienware Aurora R16 RTX 5070 Ti Gaming PC for Just $1,575, Will Sell Out Quickly

Dell Outlet just restocked its inventory of refurbished Alienware Aurora R16 RTX 5070 Ti gaming PCs. Currently you can get one for just $1575 with free delivery. Dell Outlet systems have the same 1 ye...

5dIGNTechnology

Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...

Jan 14Business Insidereconomics

Utah Man Gets Three Years for $2.9M Fraud Tied to Crypto Cash Scheme

The sentencing of a Utah man links investor fraud and unlicensed cash-to-crypto activity under the same prosecution....

Jan 16DecryptcrimeImpact

Ray Dalio warns of banks shying away from fiat, praises gold surging

The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order....

6dCoinTelegrapheconomicsImpact
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