White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...
Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...
Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
Scalpers are already reselling their LEGO Pokémon set pre-orders on eBay, with numerous instances of the limited edition Kanto Region Badge Collection having been sold on for hundreds of dollars in pr...
Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...
Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...
Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...
Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...
Across tech, pressure on workers to perform comes as leaders wait for AI bets to pay off. Getty Images; Alyssa Powell/BI Big Tech firms like Amazon and Meta are doubling down on worker oversight and p...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...