fox-business/technology
Meta slashes 600 artificial intelligence positions as it aims to boost efficiency
Meta Chief Global Affairs Officer Joel Kaplan discusses President Donald Trump’s new initiative with AI and more on ‘Fox & Friends.’ Meta is cutting around 600 jobs within its artificial intelligence unit, a move it says aims to boost efficiency. The layoffs to Meta’s Superintelligence Labs division, which has nearly 3,000 employees, come as the […]
Palantir CEO says company is in an AI ‘arms race’ after deal with Lumen
Palantir CEO Alex Karp and Lumen CEO Kate Johnson join Liz Claman in a Fox Business exclusive to discuss multi-million-dollar deal to create fast AI infrastructure. Palantir CEO Alex Karp said his company is in an artificial intelligence arms race with its competitors, after reaching a deal with Lumen Technologies in which Palantir will deploy […]
US steelmaker Cleveland-Cliffs to produce rare earths domestically
Barrons Roundtable discusses the importance of rare earths and magnets, and China’s monopoly over the industry. A major U.S. steelmaker is looking to help kickstart domestic production of rare earth minerals amid China’s move to block access amid its trade dispute with the Trump administration. Cleveland-Cliffs, a steelmaker headquartered in Ohio, announced the rare earths plan on […]
U-Hawk autonomous Black Hawk helicopter debuts, first flight set for 2026
Regional bank fears rattle markets; Shoppers change the way they spend because of higher prices; Homeland Security: Scam text messages are run by criminal organizations in China; Business is booming for seasonal porch decorators. The iconic Black Hawk helicopter made by Sikorsky is getting a high-tech upgrade after a fully autonomous, uncrewed variant known as the […]
Meta announces parents can control teenagers’ AI chatbot conversations
‘The Big Money Show’ panel discuss how high prices and rates are keeping homebuyers on the sidelines. Meta announced on Friday that parents will soon be able to disable their teenagers’ private chats with AI characters – the latest safety measure for its social media platforms following criticism over flirty chatbots. The company said parents […]
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 […]
Instagram introduces PG-13 movie ratings system to filter content for teens
‘The Big Money Show’ panel discuss how high prices and rates are keeping homebuyers on the sidelines. Instagram will moderate the content for users under 18 using filters guided by the PG-13 movie rating system, the platform’s parent company Meta announced on Tuesday in its latest effort to address concerns about teenagers’ online safety. The […]
Jensen Huang celebrates release of Nvidia worker held by Hamas for 2 years
Fox News senior strategic analyst Gen. Jack Keane (ret.) discusses President Donald Trumps Israel-Hamas peace deal and the state of Irans nuclear program on Varney & Co. Nvidia CEO Jensen Huang sent a letter to the chip giant’s staff on Monday expressing gratitude for the release of Avinatan Or, an Israeli employee of the company who […]
Direxion dominates ETF leaderboard with half of top 10 performers
VistaShares CEO Adam Patti breaks down ETFs that mimic the trade strategies of Bill Ackman and Warren Buffett on ‘The Claman Countdown.’ A familiar face is dominating the exchange-traded fund leaderboard, with more than half of the top 10 ranked by annual gains coming from one firm: Direxion. “All the Direxion ETFs referenced are magnified […]