NVIDIA agrees to acquire Hugging Face for $12.9bn
Multiple outlets on August 27, 2026 reported that Nvidia agreed to acquire Hugging Face for about $12.9 billion, citing The Information.
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Snap to lay off 16% of workforce under activist pressure
Snap announced on Wednesday that it would lay off 16% of its workforce and close another 300 open roles, following pressure from activist investor Irenic Capital Management to str...
AI makes jobs as it threatens to replace human workers
Amid growing anxiety about AI replacing humans in the workplace, the technology is also generating jobs. Between 2023 and 2025, AI created 640,000 roles, spanning from high-level...
AI is making college students change majors
College students are concerned about the potential impact of artificial intelligence on the job market. As a result, 42% have considered switching their majors, and 16% actually w...
AI startups go cash heavy to compete for top talent
In a competitive talent market, artificial intelligence startups are turning to a reliable incentive to lure in top candidates: cash. Instead of the typical structure of lower bas...
US revises tariffs on steel, aluminum, copper products
The U.S. is set to eliminate the 50% duty on metal derivative products containing less than 15% steel, aluminum, or copper, simplifying the tariff structure. Tariffs on certain in...
Microsoft commits $10B to AI, cybersecurity in Japan
Microsoft has vowed to spend $10 billion in Japan through 2029, as the LinkedIn owner aims to expand artificial intelligence infrastructure and fortify cybersecurity efforts in th...
DOJ still can't subpoena Powell, federal court rules
A federal court denied a Justice Department request to reconsider an earlier ruling that blocked a pair of subpoenas to the Federal Reserve. The DOJ failed to offer new evidence o...
Musk demands banks buy Grok subscriptions for SpaceX IPO
Elon Musk has mandated that banks and advisers involved in SpaceX's upcoming IPO purchase subscriptions to his AI chatbot, Grok, The New York Times reports , citing anonymous sour...
Investors flock to women's sports for growth potential
Wealthy investors are turning to women's sports as a lucrative opportunity , with the U.S. market expected to grow at 16% annually, about three times faster than men's sports, dri...
Policy shifts, automaker pullbacks create 'EV rust belt'
Electric-vehicle parts makers are pivoting as EV investments through federal initiatives and automaker partnerships dry up, The Wall Street Journal reports . Magna International,...
OpenAI shuffles C-suite as Fidji Simo takes medical leave
There's a shakeup unfolding in OpenAI's C-suite, the company confirmed to TechCrunch . Fidji Simo , CEO of AGI deployment, is taking medical leave for "several weeks" to address a...
Amazon ordered to negotiate with NYC warehouse union
The National Labor Relations Board has ruled that Amazon must negotiate with the union that represents thousands of workers at a company warehouse on Staten Island, New York. The...
AI makes jobs as it threatens to replace human workers
Amid growing anxiety about AI replacing humans in the workplace, the technology is also generating jobs. Between 2023 and 2025, AI created 640,000 roles, spanning from high-level...
SpaceX targets over $2T valuation for upcoming IPO
SpaceX is preparing for an initial public offering that could value the rocket maker at over $2 trillion, Bloomberg News reports , citing anonymous sources, a significant increase...
Jack Dorsey plans to replace Block middle management with AI
Block is undergoing a significant restructuring to integrate AI into its operations, aimed at reducing its workforce and redefining employee roles. CEO Jack Dorsey, along with Seq...
US added 178K jobs in surprise March blowout
The U.S. economy added 178,000 jobs last month, the Bureau of Labor Statistics revealed Friday. That's about three times as many as economists had expected. The unemployment rate...
Moonlake AI Launches from Stealth with $28M Seed to Let Anyone Vibe Code Interactive Worlds in Minutes
Moonlake AI, a new artificial intelligence research lab, today emerged from stealth with $28 million in seed funding from AIX Ventures, Threshold, NVIDIA Ventures, and more than a...
AT&T Signs $23 Billion Spectrum Acquisition Deal With EchoStar
AT&T has announced a monumental $23 billion all-cash agreement to acquire significant wireless spectrum licenses from EchoStar . This transaction, covering around 50 MHz of nation...
a16z spends $1.49M in Washington lobbying, while rivals mostly sit out
\n Andreessen Horowitz (a16z) is doubling down on influence in Washington, reporting $1.49M in federal lobbying spend so far this year—outpacing even the National Venture Capital...
Eyebot Raises $20M Series A to Transform Eye Care Access
Eyebot Raises $20M Series A to Expand Nationwide \n\n \nEyebot, the Boston-based startup behind 90-second vision test kiosks, just raised $20M in Series A funding to expand its na...
Perplexity acquires Read.cv, a social media platform for professionals
AI-powered search engine Perplexity has acquired Read.cv, a social media platform for professionals.\n\nRead.cv will wind down operations, allowing users to export their data unti...
Bumble Founder Whitney Wolfe Herd to Return as CEO in March
Bumble announced that founder Whitney Wolfe Herd will return as CEO, succeeding Lidiane Jones, who is stepping down for personal reasons. Wolfe Herd’s return comes amid sluggish g...
Find Your Perfect Audience – Only On LinkedIn Ads
LinkedIn Ads launches a playful campaign to eliminate ad targeting waste.