OpenAI shakes up corporate structure with goal of scaling up AGI investment
OpenAI has announced that it will be altering its corporate structure to create a public benefit corporation that will be controlled by the nonprofit.
Microsoft shuts down Skype after 22 years, shifting users to Teams
Microsoft is no longer offering Skype and is helping its users make the transition to Teams as the service officially retires on May 5, 2025.
How teen AI app developer got denied from 15 colleges
Student and Cal A.I. creator Zach Yadegari discusses getting rejected from 15 universities despite building a $30 million-dollar dieting app.
Spotify updating app for US users after court ruling in Apple case
Spotify announced that it's moving ahead with updating its app on Apple devices in the wake of a court ruling. The updates will show in-app pricing and subscription information.
Apple CEO says Trump tariffs could cost tech titan $900M
'The Big Money Show' panel discusses President Donald Trump's tariff strategy after Apple moved most iPhone production out of China.
Amazon, Meta can handle 'market challenges' better than most, investor says
Evercore ISI senior managing director Mark Mahaney analyzes Amazon's earnings and explains why he raised his Meta price target on 'Varney & Co.'
Fox Business Briefs 5/1
McDonald’s reports largest U.S. same-store sales decline since 2020; Tech giants Microsoft and Meta beat earnings expectations; Conagra strikes deal to sell Chef Boyardee; Fyre Festival brand is now up for sale.
IBM and Scuderia Ferrari debut reimagined app to connect global Formula 1 fans, enhance race experiences
With over 400 million Formula 1 fans around the globe, Scuderia Ferrari and IBM have teamed up to develop a reimagined mobile app to connect them all.
FOX Business Briefs 4/29
GM net income slid in the first quarter on weaker sales of trucks, SUVs; Trump to soften blow of automotive tariffs; UPS to cut 20,000 jobs; Coca-Cola says market is ‘manageable’ despite loss of net revenue; Royal Caribbean is raising its forecast.
Amazon launches first internet satellites into space
Amazon launched its first batch of satellites into orbit on Monday in the company’s first step toward rivaling Elon Musk's Starlink system.
White House accuses Amazon of 'hostile political action' over showing tariff costs
White House press secretary Karoline Leavitt said Amazon was taking "hostile political action" by displaying the cost of tariffs next to the price of items.
GOP rep rips Dems over Trump impeachment articles: Looks like Hakeem Jeffries 'lost control of one his members'
Rep. Scott Fitzgerald, R-Wis., reacts to Democratic Rep. Shri Thanedar filing articles of impeachment against President Donald Trump, talks tariffs and discusses the accomplishments within the president's first 100 days in office.
Quantum investing: IBM to invest $150B in US over next five years
IBM CEO Arvind Krishna describes how he wants to advance U.S. manufacturing of mainframe and quantum computing during an exclusive interview with 'The Claman Countdown.'
Elon Musk predicts robots will outshine even the best surgeons within 5 years
Billionaire business tycoon Elon Musk declared in a tweet that robots will outmatch the best human surgeons within about five years. Musk's Neuralink is implanted with a surgical robot.
IBM announces $150B investment in US
IBM, founded in 1911, is making a major investment in the United States over the next five years, the company announced in a media release on Monday.
Tech expert says ‘we’ve got problems’ if new Chinese robots can do this
‘The Cyberguy’ Kurt Knutsson discusses the creation of a robot in China that can reportedly build cars and do everyday tasks on ‘Fox & Friends Weekend.’
Tesla launches test run for FSD Supervised, an AI-powered ride hailing service
FSD Supervised ride-hailing service launched to a select few in Austin, Texas, and the San Francisco Bay Area, Tesla announced on social media following its latest sales call.
Nokia exec open to expanding US manufacturing to avoid Trump tariffs
Nokia could expand its U.S. manufacturing capabilities as a way to counter possible impacts of Trump's tariffs, according to the company's new CEO, Justin Hotard.
Charles Payne's history of robots in our society
'Making Money' host Charles Payne examines the history of robots in our society.
Wall Street legend unveils 3 undervalued blue-chip stocks
B. Riley Wealth Management chief market strategist Art Hogan discusses the keys to selecting stocks in a volatile market on 'Making Money.'