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Tech investors are showing more interest in artificial intelligence (AI) technology. The Nasdaq Composite has gained 2.5% in the past five days, marking its fifth-straight weekly gain, and is now up 24% for the year. The S&P 500 is up 9.5% for the year, while the Dow Jones Industrial Average is slightly down. This week’s
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Sarah Rhoads, who was responsible for Amazon’s air cargo business, has been shifted to oversee the e-retailer’s workplace health and safety division. John Felton, Amazon’s head of worldwide operations, announced this in a memo to staffers on Thursday. Rhoads will also oversee Amazon’s global operations learning and development unit. Rhoads’ Background and Success Felton wrote
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Neeva, a privacy-focused search company founded by former Google executive Sridhar Ramaswamy, has announced that it will be shutting down its consumer search engine and instead focusing on exploring use cases for artificial intelligence. Reasons for Shutdown In a blog post on the company’s website, Ramaswamy and Vivek Raghunathan, another Neeva co-founder, wrote that acquiring
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Elon Musk and his parent company of social media platform Twitter, X Corp, are facing an investigation over building code violations at Twitter’s San Francisco headquarters on Market Street. This information was recently revealed through online public records with the county’s Department of Building Inspection. The investigation follows a lawsuit filed by six former Twitter
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Florida Gov. Ron DeSantis is asking for the federal judge overseeing Disney’s political retaliation lawsuit to be disqualified. According to DeSantis’ lawyers, Judge Mark Walker’s comments in previous cases raise doubts about his impartiality. In two separate cases, Walker offered “Disney” as an example of state retaliation without being prompted. DeSantis’ legal team argues that
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