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Nvidia Buys Hugging Face for $13 Billion, Keeping It Open Source

Nvidia agreed to acquire AI platform Hugging Face for $12.93 billion, pledging to keep the developer hub open source and independent of its own hardware.

Gloria Steinem, Feminist Icon and Ms. Magazine Co-Founder, Dies at 92

Gloria Steinem, journalist, activist and co-founder of Ms. Magazine, died at 92 at her New York City home, her foundation said Wednesday.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Confirms Xi Washington Visit This Month, Touts US Lead in AI Race

Trump said on Wednesday that Xi Jinping will visit Washington this month, calling the summit exciting and claiming a US lead in artificial intelligence.

Alphabet Stock Gains on Strong Earnings and AI Product Growth

Alphabet's stock rose by 1.7% on Friday, fueled by strong growth in its search and advertising sectors, even amid a competitive artificial intelligence landscape...

California DMV Proposes Comprehensive Rules for Testing and Deploying Self-Driving Vehicles

California is preparing to implement new regulations for the testing and deployment of self-driving vehicles, marking a significant step in the state’s efforts to...

SEC Chair Calls for Overhaul of Crypto Regulation Amid Industry Growth

SEC Chair Paul Atkins stated that innovation in the cryptocurrency industry has been hindered over the past several years, urging the need for substantial...

Elon Musk’s xAI Seeks $20 Billion Funding Round to Boost AI Expansion

Elon Musk's xAI Holdings is reportedly in discussions with investors to raise $20 billion, which would value the company at over $120 billion. This...

Elon Musk’s xAI Eyes $20 Billion Funding Round Amid AI Expansion

Elon Musk’s artificial intelligence venture, xAI Holdings, is reportedly in advanced discussions with investors to secure a new round of funding totaling approximately $20...

Business Jet Market Faces Sharp Decline Amid Economic Uncertainty

As consumer confidence declines, demand for commercial air travel is softening, and even high-net-worth individuals are scaling back. A recent survey conducted by Barclays...

MercadoLibre CEO Sees Opportunity for Latin America Amid U.S.-China Trade War

Marcos Galperin, the CEO and founder of MercadoLibre, sees major potential for Latin America amid the ongoing trade tensions between the United States and...

Novo Nordisk Wins Court Battle to Block Compounded Wegovy and Ozempic

Novo Nordisk has secured a significant legal victory that effectively limits the ability of compounding pharmacies to market or sell less expensive, unapproved versions...

How Tariff Fears Are Reshaping U.S. Consumer Spending in 2025

As tariffs loom over the economy, consumers are showing a divided response, with certain sectors seeing a rush in purchases while broader retail trends...

How Businesses Can Successfully Manage Global Mass Payouts

As businesses expand globally, financial transactions become more complex, requiring efficient methods for handling payments at scale. Mass crypto payouts are gaining traction as...

Asian Stocks Set for Second Consecutive Week of Gains Amid U.S.-China Trade Hopes

Asian stock markets are on track to post a second consecutive week of gains, with the dollar heading for its first weekly rise in...

Oil Prices Rise Amid U.S.-China Trade Hopes, But Weekly Decline Looms

Oil prices experienced a modest increase for the second consecutive session on Friday, driven by signs of a potential easing of tensions in the...

Revolut Hits $1 Billion Profit as It Prepares UK Bank Launch

British fintech firm Revolut has reached a major milestone, announcing a net profit of £1.1 billion ($1.5 billion) for the year ending December 31,...

Adobe to Launch Mobile Version of AI Image Generator Firefly

Adobe has announced plans to launch a mobile version of its Firefly AI image generation tool, enhancing its challenge to competitors like OpenAI. At...

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