Tech giants commit billions to Indian AI as New Delhi pushes for superpower status

Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers — … Read more

Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma

Microsoft’s head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company’s Xbox business faces increased challenges. “Last year, Phil Spencer made the decision to retire from the company, and since then we’ve been talking about succession planning,” Microsoft CEO Satya Nadella wrote in a memo to employees that … Read more

Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 12% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide … Read more

National Parent Teacher Association breaks ties with Meta amid child-safety trials

Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images The National Parent Teacher Association is splitting with Meta as the social media giant’s high-profile child-safety … Read more

Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump’s tariffs

E-commerce stocks that were exposed to President Donald Trump’s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which … Read more

Tesla loses bid to toss $243 million verdict in fatal Autopilot crash suit

Elon Musk attends the U.S.-Saudi Investment Forum in Washington, Nov. 19, 2025. Evelyn Hockstein | Reuters A federal judge in Miami denied Tesla’s bid to toss out a $243 million verdict in a lawsuit that requires the automaker to compensate the family of a 2019 fatal Autopilot crash victim as well as a survivor. The … Read more

From ‘vanlords’ to safe parking sites: How RVs became Silicon Valley’s housing safety net

Parked along industrial streets, tucked behind warehouses and clustered in residential neighborhoods, thousands of Bay Area residents are living in one of the only forms of housing they can afford: RVs. Across California, the number of people living in vehicles has surged in recent years, as soaring rents and a chronic housing shortage have pushed … Read more

The NBA wants to embrace content creators without degrading its golden goose of live sports rights

The future of the NBA’s media strategy was taking shape at this year’s All-Star weekend. The fanfare has always been about showcasing the league’s best players. But this year, the event was as much about the league’s partnership with content creators as it was about on-the-court talent. More than 200 global creators took part in … Read more

Amid Epstein fallout, Bill Gates becomes point of controversy at India AI summit

Bill Gates speaks during the Gates Foundation’s first global Goalkeepers event in the Nordics, which is being held in Stockholm, Sweden, Jan. 22, 2026. TT News Agency | Stefan Jerrevang | Via Reuters Bill Gates has become a source of controversy at this week’s high-profile India AI Impact Summit, as speculation around his planned keynote … Read more

Dueling PACs take center stage in midterm elections over AI regulation

Assemblyman Alex Bores is interviewed on Monday, May 13, 2024, at the Capitol in Albany, N.Y. Will Waldron | Albany Times Union | Getty Images Two major AI PACs are facing off against each other in a New York congressional race — an early battleground for AI regulation that is set to pump hundreds of … Read more