CNN — The California Department of Motor Vehicles Tuesday revoked Cruise’s permits to test and operate fully driverless vehicles on the state’s roads. The California DMV said, in…
Read more GM self-driving car subsidiary withheld video of a crash, California DMV says | CNN BusinessNew York CNN — Big tech companies are continuing a turnaround from last year, as Alphabet, Microsoft and Snap kicked off earnings season with strong sales results for…
Read more Microsoft, Google post strong quarterly sales growth as Big Tech continues its comeback | CNN BusinessNew York CNN — Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring…
Read more Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list | CNN BusinessNew York CNN — Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to…
Read more Rite Aid files for bankruptcy | CNN BusinessHong Kong CNN — Samsung warned that operating profit in the third quarter likely plunged 78% as it continues to contend with lower than usual demand for consumer…
Read more Samsung flags 78% profit drop as chip demand remains weak | CNN BusinessNew York CNN — Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds including weaker consumer spending on non-essential purchases and increasing…
Read more Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft | CNN BusinessCNN — Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue…
Read more Apple’s sales fall for the third consecutive quarter | CNN BusinessCNN — The crushing demand for AI has also revealed the limits of the global supply chain for powerful chips used to develop and field AI models. The…
Read more The big bottleneck for AI: a shortage of powerful chips | CNN BusinessCNN — California regulators gave approval Thursday to two rival robotaxi companies, Cruise and Waymo, to operate their driverless cars 24/7 across all of San Francisco and charge…
Read more Regulators give green light to driverless taxis in San Francisco | CNN BusinessCNN — For months, Eveline Fröhlich, a visual artist based in Stuttgart, Germany, has been feeling “helpless” as she watched the rise of new artificial intelligence tools that…
Read more ‘It gave us some way to fight back’: New tools aim to protect art and images from AI’s grasp | CNN BusinessNew York CNN — LinkedIn is laying off 668 people across its engineering, product, talent and finance teams as part of a broader restructuring, the social media platform…
Read more LinkedIn is cutting more than 650 jobs | CNN BusinessCNN — When 16-year-old Shreya Nallamothu from Normal, Illinois, scrolled through social media platforms to pass time during the pandemic, she became increasingly frustrated with the number of…
Read more Illinois passes a law that requires parents to compensate child influencers | CNN BusinessCNN — Michael Cohen was once one of Donald Trump’s most loyal allies. But after going to jail for tax crimes and lying to Congress, Cohen, Trump’s former…
Read more Michael Cohen to take stand in fraud trial of his former boss, Donald Trump | CNN PoliticsCNN — California authorities have asked General Motors to “immediately” take some of its Cruse robotaxis off the road after autonomous vehicles were involved in two collisions –…
Read more GM’s Cruise slashed fleet of robotaxis by 50% in San Francisco after collisions | CNN BusinessNew York CNN — The artificial intelligence boom continues to fuel a blockbuster year for chipmaker Nvidia. Nvidia’s stock jumped as much as 9% in after-hours trading Wednesday…
Read more Nvidia’s quarterly sales double on the back of AI boom | CNN BusinessNew York CNN — T-Mobile on Thursday announced it plans to lay off 5,000 employees, or around 7% of its total staff, over the next five weeks. The…
Read more T-Mobile to lay off 5,000 employees | CNN BusinessNew York CNN — In an effort to help prevent the spread of misinformation, Google on Tuesday unveiled an invisible, permanent watermark on images that will identify them…
Read more Google launches watermarks for AI-generated images | CNN BusinessCNN — Apple unveiled its iPhone 15 lineup along with other major updates during its September keynote event on Tuesday. The company announced it will switch to USB-C…
Read more 6 takeaways from Apple’s iPhone 15 event | CNN BusinessWashington CNN — Coming out of a three-hour Senate hearing on artificial intelligence, Elon Musk, the head of a handful of tech companies, summarized the grave risks of…
Read more Bill Gates, Elon Musk and Mark Zuckerberg meeting in Washington to discuss future AI regulations | CNN BusinessEditor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong…
Read more US says it has no evidence that Huawei can make advanced smartphones ‘at scale’ | CNN Business
