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Category: Business

Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here’s what to expect

Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here’s what to expect

All eyes are on Wyoming this Friday as Federal Reserve Chairman Kevin Warsh prepares to deliver his highly anticipated keynote address at the annual Jackson Hole symposium. While the official theme of this year’s gathering focuses on financial innovation and payments, investors are searching for deeper clues regarding the future of monetary policy. Historically, Fed […]

a quarter of next year’s business

a quarter of next year’s business

Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will contribute toward roughly a quarter of its business […]

Bill Gates wants to see a robot tax and ‘Human Reserved’ jobs to mitigate harms from AI

Bill Gates wants to see a robot tax and ‘Human Reserved’ jobs to mitigate harms from AI

Bill Gates is weighing in on the societal fallout of artificial intelligence with a series of provocative proposals aimed at protecting the global workforce. In a detailed essay published on his Gates Notes site, the Microsoft co-founder acknowledged the immense potential for AI to revolutionize healthcare and scientific discovery, but warned that the rapid displacement […]

Alibaba’s Qwen Team Releases Qwen3.8-Flash-Next: A 125B Multimodal MoE With 6B Active Parameters Previewing the Qwen4 Architecture

Alibaba’s Qwen Team Releases Qwen3.8-Flash-Next: A 125B Multimodal MoE With 6B Active Parameters Previewing the Qwen4 Architecture

Alibaba’s Qwen team has released Qwen3.8-Flash-Next, an open-weight multimodal Mixture-of-Experts model built for cost per token. The checkpoint pairs a 125B backbone with a 51B N-gram embedding table and a 4B multi-token prediction module. Only 6B parameters activate per token. The team positions it as an early preview of the architecture that will underpin Qwen4, […]

Instagram head expected to testify in Meta trial

Instagram head expected to testify in Meta trial

Adam Mosseri, the head of Instagram, is expected to take the witness stand on Tuesday in a high stakes federal trial in Oakland, California. The proceedings center on allegations from several state attorneys general who claim that Meta deliberately engineered its platforms, including Facebook and WhatsApp, to hook children and foster addiction. These officials argue […]

Instagram head Adam Mosseri testifies in defense of Meta in child safety trial

Instagram head Adam Mosseri testifies in defense of Meta in child safety trial

Adam Mosseri, the head of Instagram, faced intense questioning in an Oakland courtroom on Tuesday as part of a sweeping trial against Meta. Attorneys representing California, Colorado, Kentucky, and New Jersey allege that Meta intentionally designed its platforms to hook children and harvest their data while concealing the psychological risks involved. Throughout his testimony, Mosseri […]

Zillow Settles Antitrust Lawsuit With The FTC

Zillow Settles Antitrust Lawsuit With The FTC

Zillow has reached a formal settlement with the Federal Trade Commission to resolve an antitrust lawsuit centered on allegations that the real estate giant paid its competitor, Redfin, to exit the rental market. The legal battle began in September 2025 when regulators accused Zillow of paying Redfin 100 million dollars to shut down its internet […]