fox-business/tech/business-tech
FDA warns Abbott blood glucose monitors linked to 7 deaths, 736 injuries
Check out what’s clicking on FoxBusiness.com. The Food and Drug Administration (FDA) issued a stark warning Tuesday about malfunctioning blood glucose monitoring devices that may have contributed to seven deaths and hundreds of serious injuries. Medical equipment manufacturer Abbott also alerted users and health distributors last Monday, urging them to immediately stop using or dispose […]
Amazon robotics chief wants to eliminate every menial, mundane job
Amazon Chief Technology Officer of Robotics Tye Brady shared his vision for reinventing the workplace inside warehouses and fulfillment centers for the online retailer. Amazon is doubling down on artificial intelligence and robotics to remake work inside its warehouses and fulfillment centers, even as it cuts thousands of corporate roles and faces growing fears about […]
Venmo to allow rent, mortgage, retail payments through major Bilt partnership
Check out what’s clicking on FoxBusiness.com. Venmo is taking a big step beyond splitting dinner bills. Starting in 2026, users will be able to make rent, mortgage and retail payments directly through the app, thanks to a “first-of-its-kind” partnership with major housing commerce platform Bilt Rewards. PayPal, which owns Venmo, made the announcement Monday. When […]
Chegg lays off 45% of workforce as AI impacts online learning business
NVIDIA CEO and co-founder Jensen Huang commends President Donald Trump’s A.I. agenda and outlines what the country’s job future will look like on ‘Special Report.’ Chegg Inc., a Santa Clara-based online learning platform, said Monday it will cut about 45% of its workforce – roughly 388 employees – as it confronts what it calls “the […]
Amazon cuts 14,000 corporate jobs in major workforce reduction move
Federal Trade Commission Chairman Andrew Ferguson explains Amazon’s billion-dollar settlement with the Federal Trade Commission on ‘Making Money.’ Amazon is planning to cut 14,000 roles from its corporate workforce as part of an internal restructuring, according to a message shared with employees on Tuesday. “We’re working hard to support everyone whose role is impacted, including […]
PayPal, Venmo, YouTube outages resolved after widespread service disruptions
Fox News contributor Michele Tafoya weighed in on PayPal walking back its user agreement fining up to $2,500 for ‘misinformation.’ Major mobile payment services, PayPal and Venmo, along with video-sharing platform YouTube, experienced widespread outages within a 24-hour period. PayPal and Venmo outages started at about 11 a.m. Thursday, with tens of thousands of reports […]
China’s pilotless flying taxi can travel over 100 miles on single charge
Rep. John Moolenaar, R-Mich., discusses the security concerns over the infiltration of Chinese nationals from the border, the use of Chinese drones as well as companies trading on U.S. exchanges on ‘Mornings with Maria.’ A pilotless taxi developed in China that can fly more than 100 miles on a single charge launched this week. EHang […]
AMD, OpenAI leaders tout their massive new chips partnership to power AI
AMD CEO Lisa Su and OpenAI President Greg Brockman discuss OpenAI’s plans to power its AI software with AMD chips on ‘The Claman Countdown.’ Markets are just starting to grapple with U.S.-based semiconductor giant Advanced Micro Devices’ potentially industry-shaking partnership with OpenAI — and both companies’ leaders are making the rounds as the future of […]