Meta introduced several new AI-powered tools and services for advertisers as the company shows how it’s putting its mammoth investment in AI to work.
Pfizer CEO says Medicare will likely face legal action over drug price negotiations
Pfizer CEO Albert Bourla argued the Biden administration’s plan will cut profits and force Big Pharma companies to pull back on developing medicines.
Tech’s new business model: ‘Do more with less’
Technology companies are focused on continuing to drive down costs while reminding Wall Street they’re still investing in AI and cloud infrastructure.
Trump to appeal E. Jean Carroll sex abuse and defamation verdict
Donald Trump, who is the front-runner for the 2024 GOP presidential nomination, was accused in a civil lawsuit of sexually assaulting writer E. Jean Carroll.
Google’s new A.I. search could hurt traffic to websites, publishers worry
AI-generated search results could give users the answers they want without requiring them to click through to the websites the answers came from.
Debt ceiling meeting between Biden and congressional leaders postponed until next week
President Joe Biden was originally set to sit down with congressional leaders on Friday.
Bitcoin falls below $27,000 as U.S. regulatory crackdown pressures crypto’s biggest market makers
Crypto prices slid on Thursday as investors weighed Jane Street and Jump Crypto’s pull back from U.S. trading.
Disney sinks on subscriber loss. Here’s what the experts say to do next
Pros on CNBC discuss Disney’s stock plunge after streaming subscriber losses.
Adidas will sell some leftover Yeezy inventory instead of burning it, CEO says
Instead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity.
NBCUniversal ad chief Linda Yaccarino in talks to succeed Elon Musk as Twitter CEO
Tesla shares rose 2% on the news, as some Tesla investors had worried Musk was growing too distracted with his management of the social media company.