(Reuters) – A group of current and former employees at artificial intelligence (AI) companies, including Microsoft-backed OpenAI and Alphabet’s Google DeepMind on Tuesday raised concerns about risks posed by the emerging technology. An open letter by a group of 11 current and former employees of OpenAI and one current and another former employee with Google…
By Daniel Wiessner (Reuters) -Tesla has been accused by a U.S. labor agency of discouraging workers at a Buffalo, New York, assembly plant from union organizing by barring them from using phones and other devices, an agency spokeswoman said on Thursday. A National Labor Relations Board (NLRB) official issued a complaint late Wednesday claiming Tesla’s…
By Joe Brock and Allison Lampert SEATTLE (Reuters) – Boeing’s U.S. West Coast factory workers stood in long lines on Thursday to vote on a much-criticized new contract, some loudly calling for a strike, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt. A potential strike could start on…
NEW YORK (Reuters) – U.S. home energy bills are expected to rise by 7.9% this summer as extreme heat increases cooling costs, according to a study released on Monday by the National Energy Assistance Directors Association and the Center for Energy, Poverty, and Climate. Mid-Atlantic and west coast states are forecast to have the biggest…
(Reuters) -3M Co raised the low end of its full-year adjusted profit forecast on Friday expecting to benefit from restructuring measures and increasing demand for electronics, sending its shares up more than 4% in premarket trading. The company has benefited from steady price increases across categories, which have helped it offset inflation and slow demand…
Why did Krispy Kreme jump 37% on a random Wednesday morning? The meme stock crowd is at it again, but history suggests this sugar rush won’t last.
FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three months of 2024 came in at 1.28 billion euros ($1.37 billion), in line with an LSEG estimate,…
By Aditya Soni (Reuters) – Microsoft investors will have one big question when the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of dollars being spent on artificial intelligence infrastructure? Widely seen as the front-runner in the race to make money from AI,…
(Reuters) – The Biden administration is urging big technology companies to ramp up efforts to curb antisemitic content on their platforms, Bloomberg News reported on Tuesday. Representatives from companies including Alphabet, Meta, Microsoft, TikTok and X met on Thursday with U.S. special envoy Deborah Lipstadt to monitor and combat antisemitism. Lipstadt requested that each company…
