Author: arthursheikin@gmail.com

[ad_1] Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the Dow Industrials dropped nearly 300 points, and what’s on the radar for the next session. Ahead of the Fed: Bonds in the U.S.A. The Federal Reserve’s rate decision comes at 2 p.m. ET. Watch the action live on CNBC’s ” Power Lunch .” CNBC’s senior economics reporter Steve Liesman will have the news, and Kelly Evans and Brian…

[ad_1] TikTok lives to fight another day.President Donald Trump is set to issue an executive order this week giving the company 90 more days before he enforces a law requiring its owner, ByteDance, to divest from its US app, a White House spokesperson confirmed to Business Insider. It’s the company’s third extension.TikTok missed its original January 19 deadline to separate from its Chinese owner, and briefly went dark in the US before coming back online after Trump’s assurances that he wouldn’t immediately enforce the law. The president issued an executive order giving the company until April 5 to find a…

[ad_1] New York CNN  —  When the Trump Organization unveiled its new Trump Mobile wireless service on Monday, it said its upcoming T1 smartphone will be “proudly designed and built in the United States.” But experts told CNN they’re skeptical that a smartphone can be built in the US based on the specifications, price and timeline laid out by Donald Trump, Jr., and Eric Trump, when they announced the phone. Experts pointed out striking similarities between the T1’s specifications and an already available, Chinese-made phone. “Unless the Trump family secretly built out a secure, onshore or nearshore (fabrication) operation over…

[ad_1] New York CNN  —  Food giant Kraft Heinz will remove all artificial colors from its brands as synthetic food dyes face renewed scrutiny from consumers and Secretary Robert F. Kennedy Jr.’s US Department of Health and Human Services. The maker of Kraft Mac & Cheese, Heinz ketchup, Jell-O, Capri-Sun and other brands announced Tuesday that it will remove synthetic food coloring from all of its foods sold in the United States by the end of 2027. The company also said it will not release any new US foods with artificial dyes. “The vast majority of our products use natural…

[ad_1] Amazon CEO Andy Jassy told employees Tuesday that AI will shrink the company’s corporate white-collar workforce over the next few years, citing “efficiency gains” as the driving force.Amazon employees weren’t having it.Across internal Slack channels, Amazon’s white-collar workers tore into Jassy’s message, taking aim at his leadership and unapologetic push for AI, according to messages seen by Business Insider.Business Insider viewed dozens of messages found across three different internal channels, which include thousands of employees in total.The criticism was widespread across the channels. Some called for a shift in the company’s mindset and warned of the risks of overrelying…

[ad_1] The latest San Francisco startup culture drama happened on Monday night. And it centered around “the most legendary party that never happened,” Cluely founder and CEO Roy Lee tells TechCrunch. Cluely had hoped to throw an after-party for a Y Combinator event occurring on Monday and Tuesday called AI Startup School. The event drew crowds thanks to scheduled speakers like Sam Altman, Satya Nadella, and Elon Musk. Cluely is an AI startup born of controversy and rage-bait comedy marketing. True to form, Lee posted a satirical video on X advertising his after-party. It shows him camped out by the…

[ad_1] Meta CEO Mark Zuckerberg has been on something of a hiring spree lately, trying to staff up Meta’s new superintelligence team with top-tier AI researchers from competing labs. To work on a team led by former Scale AI CEO Alexandr Wang and at a desk physically near Zuckerberg, Meta has reportedly offered employees from OpenAI and Google DeepMind compensation packages worth upwards of $100 million. OpenAI CEO Sam Altman confirmed those reports on a podcast with his brother, Jack Altman, which was published on Tuesday. However, the OpenAI CEO noted that Zuckerberg’s recruiting efforts have been largely unsuccessful and…

[ad_1] CNN  —  For decades, pharmaceutical companies have shelled out big bucks to broadcasters to place ads between TV segments. But a pair of policies being considered by US Health and Human Services Secretary Robert F. Kennedy Jr. could change that and leave broadcasters in financial straits. While not an outright ban, the two policies would make it significantly more difficult and expensive for drug companies to push their products across broadcasters’ airwaves, according to a Bloomberg report on Tuesday. The policies look to either mandate that advertisers elaborate on the risks posed by their drugs — forcing ads to…

[ad_1] CNN  —  Another live-action remake topped the charts as Universal Pictures’ “How to Train Your Dragon” soared to $83.7 million at the box office, marking the best domestic opening weekend for the franchise. The fantasy adventure movie beat analysts’ expectations of $70 million and held off Disney’s live-action remake “Lilo & Stitch,” which had maintained the No. 1 spot at the box office for three consecutive weekends. “There is an insatiable appetite for PG-rated family fare. And there’s the nostalgia factor with ‘How to Train Your Dragon.’ Those movies have earned collectively, even before this film, over a billion…

[ad_1] OpenAI said Monday the U.S. Department of Defense granted it a contract for up to $200 million to help the agency identify and build prototype systems that use its frontier models for administrative tasks and more. OpenAI provides a few examples of possible tasking, such as helping service members get healthcare, streamlining data on various programs, and “supporting proactive cyber defense.” The company also said that “All use cases must be consistent with OpenAI’s usage policies and guidelines.”  The DoD’s announcement used slightly more straightforward wording. It says, “Under this award, the performer will develop prototype frontier AI capabilities…