Business news

Business news • Jul 31

Aschenbrenner Tried to Sell Private Stakes Before Citadel Deal

Situational Awareness tried selling some of its stakes in privately held companies as it rushed to raise cash to meet a barrage of margin calls from its...

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Business news • Jul 31

Anthropic said its AI models hacked into other companies’ systems during testing

AI company Anthropic says that during routine testing some of its models accessed the internet and hacked into three separate organizations' systems – and...

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Business news • Jul 31

Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports

Tesla executives have been told to prepare for a separation of its China business ahead of ‌a potential merger with SpaceX , the Wall Street Journal...

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Business news • Jul 31

Anthropic Says Its A.I. Systems Broke Into Computers at 3 Organizations

The disclosure followed OpenAI's report last week that its own artificial intelligence had hacked into the network of an online library.

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Business news • Jul 31

Apple earnings takeaways: Weak forecast, supply concerns overshadow sales beat in Cook's last report as CEO

reported stronger-than-expected earnings and revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales. But the company issued weak...

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Business news • Jul 31

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

Apple said it is facing severe supply constraints that will affect sales of iPhones and Macs in the months ahead, underscoring the challenges looming over...

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Business news • Jul 31

Everyone Wants to Build the Best AI Model. Amazon Wants Something More Valuable.

Everyone is debating which AI company will build the best AI model. But that may be the wrong question for investors to focus on.

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Business news • Jul 31

Anthropic’s AI Claude escaped testing environment and hacked organizations

Company says it discovered unauthorized access during 'proactive review' after rival OpenAI revealed rogue agent.

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Business news • Jul 31

World in Brief: America’s economy slows; Amazon and Apple report earnings

Despite robust spending, America's economy grew slower than expected in the second quarter, expanding by an annualised 1.5%. Consumer activity grew by 3.2%...

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Business news • Jul 30

The 24-Hour Race to Salvage Situational Awareness’ AI Bets

He was hailed as the “Nostradamus” of AI — a young oracle with a bold prophecy for the future.

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Business news • Jul 30

AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares

Situational Awareness, a hedge fund formed by former OpenAI researcher Leopold Aschenbrenner, has sold the majority of its public stock portfolio to Ken...

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Business news • Jul 30

Taco Bell’s Plan to Win Back Customers After Cyclospora Illness Outbreak

Taco Bell has a battle plan to bring back customers after a parasitic outbreak was linked to lettuce served at its restaurants. The plan includes $1 Mexican...

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Business news • Jul 30

Investigating three real-world incidents in our cybersecurity evaluations

In a review of our cybersecurity evaluation transcripts, we found three incidents in which a Claude model reached the internet from within or while...

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Business news • Jul 30

Amazon Reports Fifth Straight Quarter of Cloud Sales Growth

Amazon.com Inc. shares jumped after the company reported cloud-computing revenue accelerated for a fifth straight quarter, easing investors' concerns that...

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Business news • Jul 30

Replimune’s twice-rejected melanoma drug prevails in FDA adcomm

Following a pair of FDA rejections of its melanoma drug, Replimune's fortunes flipped today after an advisory committee voted 10 to 3 in favor of the...

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Business news • Jul 30

5 Charts on What to Watch in SpaceX Earnings

Starlink revenues and profits, AI revenues, and capex in focus as SpaceX reports its first results as a public company.

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Business news • Jul 30

Amazon Shares Jump as Cloud Sales—and Spending—Accelerate

Company raises capital spending forecast to $220 billion and says AWS sales increased 37% in second quarter.

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Business news • Jul 30

The Economy Slows

Plus, Trump weighs pulling his nomination of Todd Blanche. Here's the latest at the end of Thursday.

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Business news • Jul 30

Implosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade

Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has reportedly offloaded the bulk of its public-equity...

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Business news • Jul 30

Tim Cook passes the baton in Apple’s Q3 2026 earnings call

Apple saw an excellent and better-than-anticipated Q3 2026 in terms of iPhone sales, but its revenue for services—like Apple TV, Apple Music, AppleCare,...

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