Biz/Tech

By Anna Cooban, CNN London (CNN) — The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity.On Thursday, the UK’s anti-trust regulator said that it had decided not to further investigate the deal, weeks after British culture minister Lisa Nandy

By Hadas Gold, CNN (CNN) — The White House waded into one of the hottest debates in AI this week: Open or closed?A new framework governing how the administration will review advanced AI models pre-release covers only the most powerful “closed” models, like Anthropic’s Claude or OpenAI’s ChatGPT, people familiar with the matter told CNN.

By John Towfighi, CNN New York (CNN) — More than 900 million SpaceX shares unlocked Thursday, more than doubling the publicly available shares in Elon Musk’s space and AI company and testing investors’ interest in holding a stock that’s struggled since a record-breaking IPO nearly two months ago.A lockup expiry enables some employees and early

By David Goldman, CNN (CNN) — People really don’t like AI data centers.Politicians are running against them. A recent Gallup poll showed 71% of Americans oppose them. Several counties and states have proposed or passed laws to ban them.But this notion that AI data centers are quickly popping up everywhere is belied by the fact

By Matt Egan, CNN The smarter artificial intelligence gets, the harder it will be for humanity to control it, according to Geoffrey Hinton, the Nobel Prize-winning computer scientist known as the “godfather of AI.”Even Hinton was alarmed by the sophisticated AI agents that recently caused real-world damage after escaping their human-built testing environments.“What’s happening is

By Stephanie Yang, Yoonjung Seo, CNN Seoul (CNN) — Jennifer Ke, a 35-year-old working in operations at a cryptocurrency firm, never paid much attention to Taiwan’s stock market.But her colleagues were constantly discussing their latest stock trades. One boasted of making at least one million Taiwanese dollars, or about $31,000, on a single stock.Then, over

By Hadas Gold, CNN (CNN) — Add Meta to the list of companies with AI agents going rogue. An AI model from the parent company of Facebook and Instagram hacked into another company’s systems during cybersecurity testing, a spokesperson confirmed on Wednesday.Meta says the breach occurred because of an inadvertent error during testing of the

By Jordan Valinsky, CNN New York (CNN) — Mickey Mouse could soon be performing the next big TikTok dance trend as Disney looks to embrace the creator community.The Walt Disney Company and TikTok announced Wednesday a partnership that would let social media creators make short-form videos based on the entertainment conglomerate’s brands, including Star Wars,

By Elisabeth Buchwald, CNN (CNN) — Apple got an estimated $2.2 billion tariff refund last quarter. Amazon got $600 million. Nike got $300 million. But American consumers who paid higher prices as President Donald Trump’s tariffs filtered through the economy are getting almost nothing back.Those corporate payouts may be just the beginning as the government

By John Liu, Hadas Gold, CNN (CNN) — Anthropic’s most advanced artificial intelligence model used fake identities to deceive real people and try to plant malicious code during testing by Britain’s AI Security Institute (AISI) –– the latest example of an AI model going rogue.Anthropic and OpenAI models were tested with lowered security guardrails in

By Allison Morrow, CNN New York (CNN) — SpaceX first earnings report as a public company blew past expectations. But it continued to burn through cash in pursuit of CEO Elon Musk’s vision for an AI-powered, Mars-colonizing future, putting investors on edge and sending SpaceX shares down in late trading.The newly public satellite, space and

By Brian Stelter, CNN (CNN) — A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery, CNN’s parent company.The trial timeline is another setback for Paramount, which had wanted to complete the merger this summer.A coalition of state attorneys general and the Writers Guild

By Brian Stelter, CNN (CNN) — Paramount CEO David Ellison says he believes the fight over his Warner Bros. Discovery takeover “is not really about market share” — it’s about CNN.In a remarkable Tuesday morning guest essay for The New York Times, Ellison seeks to convince readers that he will respect and preserve CNN’s independence.“In

By Jordan Valinsky, CNN New York (CNN) — McDonald’s recently revved up the amount of deals and discounts it offers to attract more customers. That strategy seems to have hit a roadblock.The burger chain on Tuesday reported its slowest growth since 2025, with US sales rising just 0.8% in the second quarter. McDonald’s blamed some

By Alicia Wallace, CNN (CNN) — The US labor market, long stuck in a “low-hire, low-fire” slog, may be starting to show a glimmer of life.The latest official labor turnover data showed that employers increased their hiring efforts in June – an ever-so slight indication that momentum could be building.The number of job openings had

By John Towfighi, CNN New York (CNN) — The S&P 500 closed at a record high Tuesday, supported by strong corporate earnings, a rebound in tech shares and traders embracing hopes for progress on reopening the Strait of Hormuz.The S&P 500 surged 1.79% to close at 7,737 points, its first record high in two months.

By Auzinea Bacon, CNN (CNN) — Cybercriminals are increasingly using artificial intelligence to target people: Americans lost more than $893 million from AI-related crimes last year, according to the FBI.Just last week, OpenAI and Anthropic revealed that their AI agents accessed the internet during testing and hacked into other companies’ systems. Although customer-facing data wasn’t

By Matt Egan, CNN New York (CNN) — Days before his inauguration in 2025, president-elect Donald Trump did something unusual: He launched a memecoin.That memecoin briefly exploded in value – and then crashed in an epic selloff that left nearly a million investors facing losses.Now, a pair of Senate Democrats are demanding Trump’s top Wall

By John Towfighi, CNN New York (CNN) — SpaceX reports its first-ever quarterly earnings as a public company after the closing bell Tuesday, giving investors a detailed look at Elon Musk’s rocket, satellite and AI company after a rocky start to trading.Investors want to learn more about the company’s spending on AI, its revenue streams

By Allison Morrow, CNN New York (CNN) — Capital One closed hundreds of Trump Organization accounts in 2021 “for anti-money laundering reasons,” the bank disclosed for the first time in a court filing Friday night.President Donald Trump has maintained that his businesses were “debanked” for political reasons, and the Trump Organization sued Capital One in

By Hadas Gold, CNN (CNN) — The White House will meet with representatives from several top AI companies on Tuesday to discuss a new framework for the government to review frontier AI models before they launch, multiple sources familiar with the invitation told CNN.The meeting is a critical step toward broader AI regulation amid growing

By John Liu, Logan Schiciano, CNN (CNN) — The United States bought the Japanese yen for the first time in more than a decade as “a signal of friendship,” President Donald Trump said Sunday. The rare bilateral intervention in Japan’s currency market was designed to prop up the yen from its 40-year low against the

By Auzinea Bacon, CNN (CNN) — Sony Pictures’ and Marvel’s “Spider-Man: Brand New Day” soared to the second-biggest North American opening weekend ever with a $355 million haul at the box office, according to industry experts, just behind “Avengers: Endgame,” which opened to $357 million in 2019.“Spider-Man: Brand New Day” — released almost five years

By Elisabeth Buchwald, CNN (CNN) — I can still remember the glorious day my dad took me to the Verizon store in the fifth grade to buy my first cellphone. The Samsung Glyde instantly won me over with its touchscreen and slide-out keyboard.On the bus ride home, I discovered a new form of entertainment: texting

By Ramishah Maruf, CNN New York (CNN) — Influencing is Gen Z’s new glamour job. So if more than half of young people say they want to be influencers, why not study it?Arizona State University recently announced a bachelor’s degree in content creation for those who “dream of monetizing your video channel or making social

By Elisabeth Buchwald, CNN (CNN) — For years, Situational Awareness was closely tracked by Wall Street, members of the AI community and its founder’s fiercest followers. Outside those circles, however, the multibillion-dollar hedge fund remained largely unknown.But that was before it began unraveling this week.Situational Awareness was founded in 2024 by German-born Leopold Aschenbrenner when

By Allison Morrow, John Towfighi, CNN New York (CNN) — The meteoric rise and stunning near-collapse this week of a US hedge fund has sent shockwaves across global markets, becoming a kind of cautionary tale for the AI era.On Thursday, the San Francisco fund Situational Awareness, founded by a former OpenAI researcher with no professional

By Bryan Mena, CNN Washington (CNN) — Inflation is a far more serious and persistent issue than the Fed has made it out to be, and it must be addressed by raising interest rates, a group of rate-setting committee members said Friday.For months, the war in Iran has destabilized the global energy market, pushing up

By Matt Egan, CNN (CNN) — Big Oil is minting money.ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits on Friday driven by the spike in global oil prices unleashed by the US-Iran war.Exxon raked in $14.5 billion in profit during the second quarter, more than doubling its year-earlier earnings and its