Business

Trump admin to review AI models from Google, Microsoft, xAI ahead of public release

The Trump administration on Tuesday announced that it had reached new agreements with Microsoft, Google DeepMind and Elon Musk’s xAI to expand collaboration with Big Tech companies in researching artificial intelligence (AI) and security. The Center for AI Standards and Innovation (CAISI), which is part of the Commerce Department’s National…

Beloved candy company shutters after 141 years as costs soar

A Texas candy company with roots dating back more than a century is winding down most of its operations as rising costs and shrinking margins pressure the long-running family business. Lammes Candies, an Austin-based confectioner founded in the 1800s, said it will begin an “orderly wind-down of operations” after 141…

Officials warn of banking spoof callers draining customers’ accounts

Officials are warning customers about banking spoof calls that could trick them into emptying their accounts, with scammers posing as banking or law enforcement officials who claim they are trying to protect the customer’s money. The FBI has described these calls as a growing problem in which customers are convinced…

Popular 1990s internet search giant shuts down

Ask.com, one of the internet’s earliest search engine competitors, has shut down its search business after nearly 30 years, marking the latest contraction in a market dominated by a handful of major players. Parent company IAC said the move reflects a broader strategic shift away from legacy search operations.”As IAC…

DOJ confirms antitrust probe of major meatpackers over beef price inflation

The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices. The four largest beef processors control more than…