Author: arthursheikin@gmail.com
[ad_1] CNN — Gabrielle Cuccia criticized Defense Secretary Pete Hegseth’s crackdown on press access at the Pentagon. And then, she said, she was fired. Cuccia was briefly the chief Pentagon correspondent for the small and staunchly pro-Trump TV channel One America News, OAN for short. A self-proclaimed “MAGA girl,” Cuccia positioned herself as a proudly conservative voice among the normally nonpartisan Pentagon press corps. But she grew perturbed by Hegseth’s actions against the press. In a post on her personal Substack account on Tuesday, she wrote that the Defense Department’s recent move to make vast parts of the Pentagon off-limits…
[ad_1] Last week, Google quietly released an app that lets users run a range of openly available AI models from the AI dev platform Hugging Face on their phones. Called Google AI Edge Gallery, the app is available for Android and will soon come to iOS. It allows users to find, download, and run compatible models that generate images, answer questions, write and edit code, and more. The models run offline, without needing an internet connection, tapping into supported phones’ processors. AI models running in the cloud are often more powerful than their local counterparts, but they also have their…
[ad_1] In just 5 days, the sharpest minds in artificial intelligence will gather at UC Berkeley’s Zellerbach Hall for TechCrunch Sessions: AI—a one-day summit built for real insight, not recycled soundbites. Whether you’re training your first model or managing a multi-billion-dollar portfolio, this is where the future of AI feels tangible. Let’s be honest: AI has officially entered cocktail-party territory. Everyone’s talking, but not everyone knows what they’re talking about. On June 5, TC Sessions: AI cuts through the noise. You’ll hear directly from the people building foundational models, shaping safety protocols, and deciding what gets funded next. Register now…
[ad_1] CNN CNN — Academics and economists have long warned that rapidly advancing artificial intelligence will wipe out jobs and upend the global economy. Now that call is coming from inside the house. On Thursday, Anthropic CEO Dario Amodei warned on CNN that the technology will spike unemployment sooner than political leaders and businesses expect — and they aren’t ready for it. Amodei believes the AI tools that Anthropic and other companies are racing to build could eliminate half of entry-level, white-collar jobs and boost unemployment to as much as 20% in the next one to five years, he told…
[ad_1] Costco’s solid third-quarter results on Thursday left Wall Street analysts confident that the membership club wholesaler can retain its dominance. The firm, whose sales in its current fiscal year are estimated to reach $275 billion, surpassed analyst estimates on the top and bottom line in the quarter that ended May 11. Analysts pointed to strong foot traffic, customer loyalty and said Costco is well-positioned to handle tariff headwinds as U.S. trade policy continues to evolve. Shares have advanced 14% so far in 2025, outpacing the S & P 500, which is little changed. But after Costco stock more than…
[ad_1] My husband and I don’t have many major vices. We don’t drink, smoke, or do drugs, but we do have one consistent decadence: ordering takeout and delivery.The luxury of ordering from any restaurant we want instead of cooking is one that we indulge in regularly. After all, my husband works full time, I handle our home and schooling for our teens, and I live with a chronic illness that zaps the rest of my energy. So, a night free from cooking is always a much-needed win.However, we recently noticed that our spending had gotten extreme. At the beginning of…
[ad_1] A few stocks, including a handful of semiconductor giants, could take a hit after riding the market’s rebound in May. The market closed out a big winning month with the S & P 500 climbed more than 6%, its largest monthly advance since late 2023 and leaving the benchmark little changed on the year. The Nasdaq Composite surged 9.6% this month, while the 30-stock Dow rose nearly 4%. Much of the gain was powered by a softening in the trade war after the U.S. and China agreed to temporarily step back from the brink and a trade deal between…
[ad_1] There’s a slew of stocks that have a lot more room to run, according to Morgan Stanley. The firm says overweight-rated companies like Nvidia have plenty of upside and remain top picks in June. Others include: Nubank , Sallie Mae , Seagate and Coupang. Seagate The tech data storage company is just too attractive to ignore, analyst Erik Woodring, wrote following Seagate’s analyst day in late May. “The inflection in compute will drive exponential growth in storage demand, and we see STX as a still underappreciated play on this theme at just 7.5x our peak EPS,” he wrote. And…
[ad_1] When most people think about entrepreneurship, they envision hoodie-clad coders building the next tech unicorn. My startup story? It began with dirty socks and a delivery van.My unusual passion began in my freshman year of college when I started running a laundry pickup and delivery service called Wake Wash. The business was a success, but when graduation approached, my partners wanted to pursue investment banking. Not wanting to be branded as the embarrassing “laundry guy,” I sold Wake Wash for $200,000 and reluctantly joined the corporate world.Management consulting pleased my parents and offered me great colleagues, but it was…
[ad_1] Stay informed with free updatesSimply sign up to the Oil myFT Digest — delivered directly to your inbox.Opec+ announced another large increase in oil output for July in the latest sign that the cartel was intent on unwinding the first tranche of its long-standing production cuts as quickly as possible.Eight members of the oil-producing group, including Saudi Arabia and Russia, said on Saturday that they would increase headline production in July by a combined 411,000 b/d. The decision to fast-track the return of idled capacity for the third consecutive month means the group could add as much as 1.4mn b/d…