The Federal Trade Commission and the Justice Department are gearing up to launch antitrust investigations into technology giants Microsoft, OpenAI, and Nvidia. These investigations will delve into the influence these companies wield over the artificial intelligence industry. The FTC will be responsible for looking into Microsoft and OpenAI, while the DOJ will focus its efforts
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The Amazon Labor Union, a group of company workers who organized at a U.S. warehouse, recently announced an affiliation with the International Brotherhood of Teamsters. Formed in 2021, the ALU gained national attention by winning a historic union election in Staten Island, New York, at a facility known as JFK8. Initially established as an independent
In a recent announcement, data analytics software maker Databricks revealed its acquisition of Tabular, a startup specializing in optimizing data stored in the cloud. This move comes at a crucial time for Databricks as it faces stiff competition from industry giants like Snowflake. The acquisition, although the exact price remains undisclosed, is reported to be
Microsoft’s recent decision to lay off employees working on mixed reality technology, including the HoloLens 2 augmented reality headset, has raised questions about the company’s commitment to this innovative field. This move comes after a series of layoffs within the mixed reality department, signaling a shift in focus for the tech giant. The decision to
The highly anticipated first manned mission of Boeing’s Starliner capsule to the International Space Station faced a major setback on Saturday. The scheduled launch was canceled in the final moments, with just under four minutes left in the countdown. The sudden hold, which was automatically issued for unspecified reasons, left NASA and Boeing with more
The recent market sell-off has interrupted a winning streak for the S & P 500, providing investors with an opportunity to consider potential investments for a rebound. Despite all three major averages facing losses for the week, there are interesting developments worth investigating in the market. Oversold Stocks One of the most oversold stocks in
In the midst of former President Donald Trump’s hush money trial, false reports regarding the jury instructions have circulated within the right-wing media, resulting in threats against the judge presiding over the case. Various conservative news figures, including those associated with Fox News, incorrectly stated that Judge Juan Merchan informed the jury that unanimity is
Nvidia, a prominent player in the artificial intelligence industry, has recently seen a significant surge in its stock price. Since reporting positive results on May 22, the stock has risen by approximately 20% in just three trading days. This surge has caused Nvidia’s market capitalization to reach a staggering $2.8 trillion, placing it just below
In an effort to secure President Joe Biden’s nomination before Ohio’s August convention, the Democratic National Committee (DNC) has come up with a strategic plan to implement a “virtual roll call.” The primary objective behind this decision is to safeguard Biden from the potential risk of being excluded from Ohio’s general election ballot. This move
The statistics regarding Asian American representation in the legal profession are shocking. Despite making up nearly 7% of the American workforce, Asian Americans accounted for less than 0.1% of all judges, magistrates, and similar judicial workers in 2023. This glaring underrepresentation highlights a systemic issue that has long plagued the legal field. Historical data shows