JPMorgan Chase CEO Jamie Dimon said the bank will not permit external AI agents to transact on customer accounts, warning of "rogue agents" operating at scale, even as Meta's Muse and other autonomous assistants push deeper into personal finance.
Kroger announced it will lay off 3,000 corporate employees over three years as it ramps up AI use to streamline operations, adding to a growing pattern of workforce reductions tied to automation across major U.S. industries.
The FTC and seven states filed a contempt motion Tuesday against Martin Shkreli, alleging he traded in at least 60 pharmaceutical stocks and offered public commentary on drug companies in violation of a 2022 lifetime industry ban.
China's ChangXin Memory Technologies triggered a global semiconductor sell-off Tuesday after announcing progress on a new chip architecture, sending Micron down 5%, SK Hynix down 10%, and Samsung down 7.4% while extending losses across Asian and European markets.
Hackers forced refrigeration systems at hundreds of French supermarkets — including Carrefour, Intermarché, and Coopérative U — to overheat to 122°F overnight, spoiling food and drawing condemnation from EU officials over the "weaponization of food."
Quantum computing firm IonQ will acquire cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion, including up to $150 million in earnouts, as it expands its defenses against AI-driven and quantum-enabled cyber threats.
Bank of America double-upgraded Salesforce from sell to buy on Monday, raising its price target to $285 from $160 and arguing that AI poses a lesser threat — and a greater opportunity — for the enterprise software giant than previously assumed.
JPMorgan Chase CEO Jamie Dimon said the bank will not permit external AI agents to transact on customer accounts, warning of "rogue agents" operating at scale, even as Meta's Muse and other autonomous assistants push deeper into personal finance.
China's ChangXin Memory Technologies triggered a global semiconductor sell-off Tuesday after announcing progress on a new chip architecture, sending Micron down 5%, SK Hynix down 10%, and Samsung down 7.4% while extending losses across Asian and European markets.
Bank of America double-upgraded Salesforce from sell to buy on Monday, raising its price target to $285 from $160 and arguing that AI poses a lesser threat — and a greater opportunity — for the enterprise software giant than previously assumed.
Kroger announced it will lay off 3,000 corporate employees over three years as it ramps up AI use to streamline operations, adding to a growing pattern of workforce reductions tied to automation across major U.S. industries.
The IMF warned AI is hitting labor markets like a "slow-moving tsunami," a survey found 85% of family offices chasing AI returns despite bubble fears, and TikTok's CEO predicted major scientific breakthroughs within three years.
Vertical microdrama streaming startup Vurt has launched dedicated Apple TV and Android TV apps, offering 3,500 episodes across more than 100 shows as it bets that short-form vertical content will find a second home on wide-screen televisions.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.