Investment and ROI

For Big Tech, a thirsty generative AI boom presents an increasing challenge.

An often-overlooked but crucially important environmental issue—Big Tech's growing water footprint—is coming under more public scrutiny as a result of a global rush to capitalize on the next wave of generative artificial intelligence. Researchers say the race to profit from...

Microsoft Completes $69 billion acquisition of Activision Blizzard following a thorough regulatory review

Activision Blizzard's $69 billion acquisition by Microsoft has been completed, the company announced in a regulatory filing on Friday. It's the biggest deal Microsoft has ever made in its 48-year history, and it comes after the company allayed regulators'...

Musk Says, X is moving to subscription payments and has 550 million users

Elon Musk discussed his plans on Twitter, now called X, in a live discussion with Israeli Prime Minister Benjamin Netanyahu. Musk said, “The social network is moving to get a small monthly fee to use the X system to...

Tesla Will Install 20,000 EV Charging Stations at 2,000 Hilton Properties in North America

Tesla plans to install 20,000 electric vehicle charging stations at 2,000 Hilton properties in the United States, Mexico, and Canada early next year, the companies said Thursday. For Tesla, building wall plugs is another way to increase mass adoption by...

Amid Rising Global Tensions, US President Heads to India for the G20 meeting

USA President Joe Biden will travel to New Delhi, India to meet with the world's largest economies (the Group of 20) at the G20 summit and reassert himself as a top diplomat. The 18th G20 summit is scheduled in...

Meta’s WhatsApp is going after big businesses to capitalize on the app’s popularity

It's been nearly a decade since Facebook founder Mark Zuckerberg shocked the tech world by announcing that his company would spend $19 billion on WhatsApp, the popular messaging app with a small business presence. Since then, WhatsApp has remained somewhat...

Meta’s Threads Started Circulating on the Web

Threads, a Meta Twitter clone that launched last month and quickly climbed the app charts, is going viral and giving users access to their computers. Threads.net is not yet available to everyone and may still only show a link...

India’s Moon Landing Makes History at a Relatively Low Cost

Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics, catalogs the fates of the Soviet Union's first 11 space missions before the spacecraft successfully landed on the moon as stuck, failed, missed, failed, failed, stuck, failed, crashed, missed,...

Intuit’s Alex Chriss chosen as the new PayPal CEO

The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier...

Strategist Says, Investors are overconfident about the impact of AI

Mike Coop, chief investment officer at Morningstar Investment Management, says market participants are "overconfident" in their ability to predict the long-term impact of AI. Despite the setback so far this month, optimism about AI's potential to boost future profits has...
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Key Fed inflation increased by 0.4% in January, up 2.8% from a year ago

Inflation increased in January as expected, according to a key indicator the Federal Reserve uses when deciding whether to...
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