Amazon CEO Andy Jassy says he’s confident company can get high costs in check

Amazon CEO Andy Jassy said the company is focused on returning to a “healthy level of profitability” after slowing retail sales and rising costs ate...

Burning gas to produce electricity is ‘stupid,’ the CEO of power giant Enel says

The CEO of Italian power firm Enel has cast doubt on the continued benefit of using gas to produce electricity, telling CNBC it is “stupid” and...

Musk puts Twitter buy ‘on hold,’ casting doubt on $44B deal

Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary “hold,” raising fresh doubts about whether he’ll proceed with...

Managers fired from Twitter amid Musk buyout turmoil

Twitter fired two of its top managers Thursday, the latest sign of internal turmoil amid Tesla billionaire Elon Musk’s planned buyout of the company. One...

Apple is no longer the world’s most valuable company

Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet,...

Unpacking black-box models

Modern machine-learning models, such as neural networks, are often referred to as “black boxes” because they are so complex that even the researchers who...

Amazon’s Kindle will finally add epub support

It only took about 15 years, but Amazon’s Kindle will finally support the ePub format. First spotted by Good E-Reader, Amazon updated its Kindle section with the...

Etsy sellers eye forming a union after going on strike

In late February, Kristi Cassidy logged onto Reddit and made a call to action to people who sell their goods on Etsy. A day earlier, Etsy had...

SpaceX, NASA investigating parachute problems on last 2 flights

SpaceX and NASA are looking into a parachute issue that occurred on the last two of the organizations' capsule flights. Officials said during a Friday...

Google Suddenly Cares About Android Tablets Again

Once upon a time, Google cared about Android tablets. Then it didn’t. Then it did. After a few more back and forth cycles, now we...

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Hong Kong in limbo 25 years after British handover to China

When the British handed Hong Kong to Beijing in 1997, it was promised 50 years of self-government and freedoms of assembly, speech and press...

NFL inisists on indefinite suspension at Watson hearing

The NFL and Deshaun Watson’s legal team presented their arguments before a disciplinary officer for a second day Wednesday, with both sides holding firm...

Jan. 6 panel subpoenas counsel who resisted Trump schemes

The House committee investigating the Jan. 6 insurrection issued a subpoena Wednesday to former White House counsel Pat Cipollone, whose reported resistance to Donald...