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Trump Media shares surge after company announces expansion into financial services

Shares of Trump Media, the parent of social media app Truth Social, surged on Tuesday after announcing plans to expand into financial services. The company’s stock climbed as much as 17% in premarket trading on the news. Trump Media said in a press release that its board approved an investment of up to $250 million

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Media

Target facing retribution at home for rolling back DEI initiatives

Target’s decision to scale back its diversity, equity and inclusion (DEI) programs is being met with backlash from the LGBTQ+ community on the Minneapolis-headquartered retailer’s home turf. Target announced Friday that it will implement some changes to its “Belonging at the Bullseye” strategy, including ending its three-year DEI goals and ending its Racial Equity Action

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Media

China’s DeepSeek derails Nasdaq, Nvidia, AI darlings

America’s AI race among U.S. tech titans got suckered after Chinese AI app DeepSeek crashed onto the scene, sending investors into reverse.   The tech-heavy Nasdaq Composite nearly erased its gains for the year, falling 3% on Monday.  DeepSeek’s model appears able to match the capability of chatbots like OpenAI’s ChatGPT and Meta’s Llama but

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Media

Target facing retribution at home for rolling back DEI intiatives

Target’s decision to scale back its diversity, equity and inclusion (DEI) programs is being met with backlash from the LGBTQ+ community on the Minneapolis-headquartered retailer’s home turf. Target announced Friday that it will implement some changes to its “Belonging at the Bullseye” strategy, including ending its three-year DEI goals and ending its Racial Equity Action

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Nvidia

Amphitrite Rides AI Wave to Boost Maritime Shipping, Ocean Cleanup With Real-Time Weather Prediction and Simulation

Named after Greek mythology’s goddess of the sea, France-based startup Amphitrite is fusing satellite data and AI to simulate and predict oceanic currents and weather. It’s work that’s making waves in maritime-shipping and oceanic litter-collection operations. Amphitrite’s AI models — powered by the NVIDIA AI and Earth-2 platforms — provide insights on positioning vessels to

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Media

What is Chinese AI startup DeepSeek?

The latest artificial intelligence (AI) models launched by Chinese startup DeepSeek have spurred turmoil in the technology sector following its emergence as a potential rival to leading U.S.-based firms. DeepSeek wrote in a paper last month that it trained its DeepSeek-V3 model with less than $6 million worth of computing power from what it says are

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Media

Trump week one: Bank of America diss; AI, crypto boost; and stock records

President Donald Trump, inaugurated Monday, didn’t miss a beat in getting right to work. In just five days, he has signed a slew of executive orders related to artificial intelligence; cryptocurrencies; and diversity, equity and inclusion, also known as DEI, and he’s promising a shakeup within the federal workforce.  In this edition of the FOX

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Media

Costco shareholders reject anti-DEI measure

Costco shareholders have roundly rejected a proposal calling for a report on the risks associated with keeping its diversity, equity and inclusion (DEI) efforts in place, the wholesale club said Thursday. Preliminary results show that some 98% of shareholders voted against the measure, according to the company. Last month, Costco’s board of directors came out

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Nvidia

AI Maps Titan’s Methane Clouds in Record Time

Methane clouds on Titan, Saturn’s largest moon, are more than just a celestial oddity — they’re a window into one of the solar system’s most complex climates. Until now, mapping them has been slow and grueling work. Enter AI: a team from NASA, UC Berkeley and France’s Observatoire des Sciences de l’Univers just changed the

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Media

UnitedHealthcare announces new CEO after killing of Brian Thompson

UnitedHealth Group on Thursday announced the new leader of its insurance division, UnitedHealthcare, after last month’s alleged targeted killing of former CEO Brian Thompson.  Tim Noel, who most recently served as CEO of UnitedHealth Group’s Medicare and retirement business, will step into the top job at UnitedHealthcare after Thompson’s killing. Noel has worked for the

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