Artificial Intelligence
Anthropic has named Mariano-Florentino Cuéllar, a former California Supreme Court justice and Carnegie Endowment president, as its first chief global affairs officer, as the Claude developer faces ongoing U.S. government tensions including a Pentagon blacklisting and export controls on its top AI models.
Sara Montes de Oca · 13 HR AGO
Business & Finance
Phillip Capital downgraded Apple to "reduce" on Monday, warning that surging memory chip prices will erode margins even as iPhone and MacBook demand holds up. Analyst Helena Wang maintained a $290 price target, implying a 4.4% decline from Monday's close.
Marc Sabatini · 17 HR AGO
Business & Finance
SpaceX reports its first quarterly earnings as a public company on Tuesday with shares down more than 50% from their post-IPO high, amid short-seller gains of roughly $8.3 billion and looming lock-up expirations that could release a flood of new shares.
Marc Sabatini · 2 DAYS AGO
Cybersecurity
Google is developing a Chrome feature that would block policy-installed extensions from hijacking the New Tab page or default search engine on unmanaged consumer Windows and macOS devices, according to work-in-progress Chromium code changes.
TechEchelon Staff · 3 DAYS AGO
Business & Finance
Amazon disclosed it collected $600 million in tariff refunds during the second quarter after the Supreme Court struck down many of Trump's trade levies, and said it plans to return some of the funds directly to affected customers.
Sara Montes de Oca · 5 DAYS AGO
Business & Finance
Tim Cook will lead his final earnings call as Apple CEO on Thursday, the same week the company briefly crossed a $5 trillion market cap. Cook steps down Sept. 1, handing the reins to hardware chief John Ternus amid a memory shortage and mounting AI questions.
Sara Montes de Oca · 7 DAYS AGO