• Chinese AI startup DeepSeek shakes up industry and disrupts financial markets

    Chinese AI startup DeepSeek shakes up industry and disrupts financial markets

    Jan 27, 2025 11:35 PM EST

    ... say, is that it can operate at a lower cost than American A.I. models like ChatGPT. It's already the top download in the Apple Store, sudden popularity that's disrupting markets, especially the tech-focused Nasdaq, and it's raising lots of national security questions about China's ...

  • Tech stocks tank as Chinese AI competitor makes its debut

    Tech stocks tank as Chinese AI competitor makes its debut

    Jan 27, 2025 10:38 PM EST

    ... accounted for more than half the S&P 500’s total return last year, according to S&P Dow Jones Indices. They include Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla. Their immense sizes give them huge sway over the S&P 500 and other indexes that give more ...

  • What is DeepSeek? Here's a quick guide to the Chinese AI company

    What is DeepSeek? Here's a quick guide to the Chinese AI company

    Jan 27, 2025 09:51 PM EST

    ... its use of expensive Nvidia chips to train the system on huge troves of data. The chatbot became more widely accessible when it appeared on Apple and Google app stores early this year. But it was a follow-up research paper published last week — on the same day as President ...

  • Tech stocks fall sharply after Chinese AI company announces inexpensive large language model

    Tech stocks fall sharply after Chinese AI company announces inexpensive large language model

    Jan 27, 2025 05:57 PM EST

    ... Jacobsen said. “It is also possible that the news is true, but then that would present new investment opportunities.” More big swings may be ahead. Apple, Meta Platforms, Microsoft and Tesla are all on the schedule this upcoming week to report how much profit they made at the end of ...

  • Target says it is ending its DEI goals and programs, citing an 'evolving external landscape'

    Target says it is ending its DEI goals and programs, citing an 'evolving external landscape'

    Jan 24, 2025 09:40 PM EST

    ... of shares voted against the proposal submitted by a conservative think tank based in Washington. Costco’s board of directors had recommended a no vote. Apple's board and the CEO of JPMorgan bank also have expressed a commitment to preserving their companies' DEI activities.Unlike some of the companies ...

  • Mapmakers pondering what to do about Trump's geographic renaming plans

    Mapmakers pondering what to do about Trump's geographic renaming plans

    Jan 23, 2025 07:35 PM EST

    ... to the American Ocean, we would probably just ignore it." For some, it's decision time As of Wednesday night, map applications for Google and Apple still called the mountain and the gulf by their old names. Spokespersons for those platforms did not immediately respond to emailed questions. A spokesperson ...

  • Trump signs executive order to suspend TikTok ban for 75 days to find U.S. buyer

    Trump signs executive order to suspend TikTok ban for 75 days to find U.S. buyer

    Jan 21, 2025 02:07 AM EST

    ... stake in TikTok Global after securing its business as the app’s cloud technology provider. Meanwhile, as of Monday night, a search for TikTok on Apple’s app store directs to an online statement that reads in part: “Apple is obligated to follow the laws in the jurisdictions where it ...

  • Trump returns to office and kickstarts ambitious and controversial agenda

    Trump returns to office and kickstarts ambitious and controversial agenda

    Jan 20, 2025 11:55 PM EST

    ... also included notable foreign dignitaries, including adversaries, China sent its vice president, and billionaire tech moguls including Amazon's Jeff Bezos, Meta's Mark Zuckerberg, Apple's Tim Cook and one of Trump's closest advisers, Elon Musk. J.D. Vance, Vice President of the United States: So help me ...

  • Live updates: Donald Trump's 2025 Inauguration Day

    Live updates: Donald Trump's 2025 Inauguration Day

    Jan 20, 2025 01:07 PM EST

    ... more than 200 guests including the president, vice president, family, U.S. Supreme Court justices, Cabinet Member-designees and members of Congressional leadership. For dessert, there’s Minnesota Apple Ice Box Terrine with sour cream ice cream and salted caramel. Nerves and uncertainty run high for those along the border.

  • Leaders in tech, AI and cryptocurrency make big donations to Trump inauguration

    Leaders in tech, AI and cryptocurrency make big donations to Trump inauguration

    Jan 19, 2025 10:40 PM EST

    ... Mark Zuckerberg, co-founder of Meta, formerly known as Facebook, they'll all be sitting on the dais. We also have the CEOs of Google, Apple, OpenAI, a very big and hot AI company, as well as the CEO of TikTok, who will be sitting there. So the question is ...