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[ad_1] Evercore ISI senior managing director Mark Mahaney joins ‘Varney & Co.’ to discuss his top stock picks as President Donald Trump threatens new tariffs on Apple and the European Union. President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in the U.S., putting pressure on the tech giant to return manufacturing to America. Analysts said making iPhones entirely in the U.S. would take years to shift production and more than double the cost for American consumers.Wedbush Securities analyst Dan Ives said that shifting production to the U.S. would take five to 10 years and…
[ad_1] Gatestone Institute senior fellow Gordon Chang weighs in on President Donald Trump threatening Apple with tariffs, trade talks and the state of China’s economy during a wide-ranging interview on Mornings with Maria. President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous demands. In two quick-fire posts on Truth Social, Trump warned he would slap a 25% tariff on imported iPhones if Apple refuses to make the smartphones in the U.S. The move comes after Trump met…
[ad_1] Google made literally 100 announcements at I/O this week, a clear sign that the tech giant intends to dominate every aspect of AI, from its overhaul of Search to its latest AI models and wearables tech.The event was packed and, at times, felt electrifying. Google showed impressive stats about how its AI has taken off. It had plenty of far-out goals, too, like building a universal AI assistant and extended reality glasses that give directions in real time.I/O also showcased Google’s vulnerabilities. Some releases clearly overlapped, while arch-rival OpenAI upstaged Google on Wednesday with a big announcement of its…
[ad_1] CEOs are now so immersed in AI, they’re sending their avatars to address quarterly earnings calls instead of themselves, at least partially. After the Klarna CEO’s AI avatar appeared on an investor call earlier this week, Zoom CEO Eric Yuan followed suit, also using his avatar for initial comments. Yuan deployed his custom avatar via Zoom Clips, the company’s asynchronous video creation tool. “I am proud to be among the first CEOs to use an avatar in an earnings call,” he — or rather his avatar — said. “It is just one example of how Zoom is pushing the…
[ad_1] Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldBig investors say they are diversifying their bond portfolios to include greater exposure to markets outside the US as Donald Trump’s trade war and the country’s growing deficit erode the appeal of the world’s biggest debt market. US debt markets have been hit in recent days by the president’s “big, beautiful” tax bill, which was passed by the House of Representatives on Thursday and threatens to sharply increase the country’s public debt. The rising concerns over the level of…
[ad_1] Anthropic CEO Dario Amodei believes today’s AI models hallucinate, or make things up and present them as if they’re true, at a lower rate than humans do, he said during a press briefing at Anthropic’s first developer event, Code with Claude, in San Francisco on Thursday. Amodei said all this in the midst of a larger point he was making: that AI hallucinations are not a limitation on Anthropic’s path to AGI — AI systems with human-level intelligence or better. “It really depends how you measure it, but I suspect that AI models probably hallucinate less than humans, but…
[ad_1] Sen. Ted Cruz, R-Texas, discusses his ‘no tax on tips’ bill and the U.S. role in the Israel-Hamas war on ‘Varney & Co.’ A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved by the Senate as a standalone measure, though it carries a significant cost. The Senate unexpectedly passed the No Tax on Tips Act late Tuesday when Sen. Jack Rosen, D-Nev., spoke in favor of the bill, which Sen. Ted Cruz, R-Texas., introduced earlier this year with Rosen as an original co-sponsor. Rosen asked for unanimous consent to…
[ad_1] Anthropic’s new flagship AI model, Claude Opus 4, is a strong programmer and writer, the company claims. When talking to itself, it’s also a prolific emoji user. That’s according to a technical report Anthropic released on Thursday, a part of which investigates how Opus 4 behaves in “open-ended self-interaction” — i.e. essentially having a chat with itself. In one test that tasked a pair of Opus 4 models with talking to each other over 200, 30-turn interactions, the models used thousands of emojis. Opus 4 sure does like emojisImage Credits:Anthropic Which emojis? Well, per the report, Opus 4 used…
[ad_1] FOX Business’ Madison Alworth speaks with NASCAR truck series driver Layne Riggs and discusses the economic impact to local businesses from the race. Toyota announced its 2026 RAV4 will be offered exclusively as an electrified model as part of a redesign of its best-selling SUV. Prospective buyers will have the choice between a hybrid electric vehicle (HEV) or plug-in hybrid electric vehicle (PHEV), and three new designs, according to the world’s largest car manufacturer.”At Toyota, customer choice is paramount,” David Christ, Toyota Group vice president, said in a statement. “With three distinct styles, two highly efficient electrified powertrains, and available…
[ad_1] A third-party research institute that Anthropic partnered with to test one of its new flagship AI models, Claude Opus 4, recommended against deploying an early version of the model due to its tendency to “scheme” and deceive. According to a safety report Anthropic published Thursday, the institute, Apollo Research, conducted tests to see in which contexts Opus 4 might try to behave in certain undesirable ways. Apollo found that Opus 4 appeared to be much more proactive in its “subversion attempts” than past models and that it “sometimes double[d] down on its deception” when asked follow-up questions. “[W]e find…