Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of dollars in less than a year” and failed to hold up their agreement. From a report: When Saks acquired Neiman Marcus for $2.7 billion in December 2024, Amazon invested $475 million into the venture on the grounds the...

American buses in cities like New York and San Francisco crawl along at about eight miles per hour — barely faster than a brisk walk — and one surprisingly simple fix could make them faster without requiring new infrastructure or controversial policy changes. The issue, according to a Works in Progress analysis, is that US bus stops sit far too close together. Mean spacing in American cities is...

Apple, which spent years as TSMC’s undisputed top customer and helped the Taiwanese foundry become the semiconductor industry’s most important manufacturer, is now fighting for production capacity as Nvidia’s AI chip orders consume an ever-larger share of the company’s leading-edge wafer supply. TSMC CEO CC Wei visited Cupertino last August to deliver unwelcome news: Apple would face the...

The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.

Wikipedia turns 25 today, and the online encyclopedia is celebrating that with an announcement that it has signed new licensing deals with a slate of major AI companies — Amazon, Microsoft, Meta Platforms, Perplexity and Mistral AI. The deals allow these companies to access Wikipedia content “at a volume and speed designed specifically for their needs.” The Wikimedia Foundation did not disclose...

Anthropic’s fourth installment of its Economic Index, drawing on an anonymized sample of two million Claude conversations from November 2025, finds that AI is changing how people work rather than whether they work at all. The study tracked usage across the company’s consumer-facing Claude.ai platform and its API, categorizing interactions as either automation (where AI completes tasks entirely)...

White-collar workers stuck in a cycle of layoffs and stagnant wages might want to look past the traditional tech, finance and media job postings to an unexpected source of opportunity: the blue-collar sector, which faces a labor shortage and is seeing rapid transformation through private-equity investment. These jobs are generally less vulnerable to AI, and the earning trajectory can be steep,...

Bowing to pressure, the company said it would restrict X users from generating explicit images of real people in jurisdictions where such content is illegal.

An anonymous reader quotes a report from TechCrunch: Over the weekend, Neel Somani, who is a software engineer, former quant researcher, and a startup founder, was testing the math skills of OpenAI’s new model when he made an unexpected discovery. After pasting the problem into ChatGPT and letting it think for 15 minutes, he came back to a full solution. He evaluated the proof and formalized it...