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Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X
Tesla CEO Elon Musk kicked off the new year by springing several eye-popping surprises on shareholders, including a $2 billion Tesla investment in...
Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors
It was an earnings report that contained some stunning numbers: Microsoft reported crossing a significant $50 billion quarterly revenue milestone for its cloud...
More than 30 years after fraud at Archer Daniels Midland inspired a Matt Damon film, the company was hit with a $40M fine in a price-fixing probe
Archer Daniels Midland Co. (ADM) is back in the headlines for all the wrong reasons. In the 1990s, the agricultural giant was implicated...
ServiceNow stock falls despite earnings beat as CEO Bill McDermott tries to get investors to stop thinking of it as a SaaS company
ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise software company as a standard...
Deezer makes it easier for rival platforms to take a stance against AI-generated music
LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...
Meta burned $19 billion on VR last year, and 2026 won’t be any better
LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...
Zuckerberg teases agentic commerce tools and major AI rollout in 2026
LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...
Amazon is closing its futuristic Go and Fresh stores—showing logistics and tech aren’t enough to make old-school retail work
As any local shop owner will tell you, running a brick-and-mortar business in the age of Amazon is an uphill battle. That’s a...
ServiceNow stock falls despite earnings beat as CEO Bill McDermott tries to get investors to stop thinking of it as a SaaS company
ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise software company as a standard...
More than 30 years after fraud at Archer Daniels Midland inspired a Matt Damon film, the company was hit with a $40M fine in a price-fixing probe
Archer Daniels Midland Co. (ADM) is back in the headlines for all the wrong reasons. In the 1990s, the agricultural giant was implicated...
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