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Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs

April 17, 2025

Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its…

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Investing

OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf

April 17, 2025
OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed….
Investing

Hertz says 2024 hack exposed some customers’ driver license and credit card data

April 16, 2025
Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an…
Investing

Universal’s new Epic Universe park set to generate $2 billion for Florida in year one

April 16, 2025
Epic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park,…
Investing

Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

April 13, 2025
New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular…
Investing

Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

April 7, 2025
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their…
Investing

Buffett denies rumors after Trump shares wild claim that investor backs president crashing market

April 7, 2025
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan…
Investing

Meta’s head of AI research announces departure

April 2, 2025
Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company.  Joelle Pineau, the company’s vice president of AI…
Investing

Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

April 2, 2025
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of…
Investing

Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

April 1, 2025
Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it…
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