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How one tweet wreaked havoc on the stock market thumbnail
Los Angeles Daily

How one tweet wreaked havoc on the stock market

Money Amid a morning of pandemonium on Wall Street, a popular news aggregator on X, known as Walter Bloomberg, posted a false report...

ByJuly 31, 2025
Amazon says its AI video model can now generate minutes&long clips thumbnail
Los Angeles Daily

Amazon says its AI video model can now generate minutes&long clips

Money Amazon has upgraded its AI video model, Nova Reel, with the ability to generate videos up to two minutes in length. Nova...

ByJuly 31, 2025
Microsoft reportedly fires staff whose protest interrupted its Copilot event thumbnail
Los Angeles Daily

Microsoft reportedly fires staff whose protest interrupted its Copilot event

Money On Monday, Microsoft reportedly terminated the roles of two software engineers, Ibtihal Aboussad and Vaniya Agrawal, who protested the company’s reported dealings...

ByJuly 31, 2025
Google is allegedly paying some AI staff to do nothing for a year rather than join rivals thumbnail
Los Angeles Daily

Google is allegedly paying some AI staff to do nothing for a year rather than join rivals

Money Retaining top AI talent is tough amid cutthroat competition between Google, OpenAI, and other heavyweights. Google’s AI division, DeepMind, has resorted to...

ByJuly 31, 2025
IBM releases a new mainframe built for the age of AI thumbnail
Los Angeles Daily

IBM releases a new mainframe built for the age of AI

Money IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and...

ByJuly 31, 2025
Investment bankers have ‘work&from&beach’ dreams crushed after Citi shutters its Málaga office thumbnail
Los Angeles Daily

Investment bankers have ‘work&from&beach’ dreams crushed after Citi shutters its Málaga office

Economic headwinds may force junior employees to prioritize job security over work-life balance. Citi initially hired 27 junior bankers to work at its...

ByJuly 30, 2025
There are 2 types of managers suffering the most right now and it could spell disaster for the workplace thumbnail
Los Angeles Daily

There are 2 types of managers suffering the most right now and it could spell disaster for the workplace

“Managers are handed an almost impossible task of making it all work in the real world.” It’s no secret that managers are not...

ByJuly 30, 2025
Pharma giant Merck expects Trump’s tariffs to cost the company $200 million thumbnail
Los Angeles Daily

Pharma giant Merck expects Trump’s tariffs to cost the company $200 million

The news comes a week after J&J executives said they expect $400 million in tariff-induced expenses in 2025. Merck is following Johnson & Johnson’s...

ByJuly 30, 2025
Markets notch small gains as tech stocks rise and Trump delivers mixed signals on tariffs thumbnail
Los Angeles Daily

Markets notch small gains as tech stocks rise and Trump delivers mixed signals on tariffs

President Donald Trump said he’s made “200 deals” on tariffs but declined to say with whom. Stock markets rose for the fourth consecutive...

ByJuly 30, 2025
Elon Musk defends political deepfakes on X in latest free speech battle thumbnail
Los Angeles Daily

Elon Musk defends political deepfakes on X in latest free speech battle

X is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates. X Corp., the social media...

ByJuly 30, 2025