Michael Nunez, deputy tech editor at Mashable.com, discusses recent reports that Amazon will layoff hundreds of employees from its consumer retail business.
Nunez says these layoffs shouldn't worry investors, adding that overall headcount is still increasing. He talks about Amazon's move into this next chapter as they focus on artificial intelligence, the Whole Foods acquisition, and Amazon Web Services.
ChatGPT-maker OpenAI and The Associated Press said Thursday that they've made a deal for the artificial intelligence company to license AP's archive of news stories.
The ongoing liquidation of parent company Bed Bath & Beyond has now officially affected buybuy BABY stores. A judge has approved the sale of the chain's intellectual property for $15.5 million.
Prices for airfare seem to be cooling off. The latest consumer price index showed prices dropped 8.1 percent in June from a month earlier, which is the biggest decline in a year.
Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Whenever the United Auto Workers union begins negotiating a new contract with Detroit's three automakers, threats of a strike are typically heard on the floor of the old Chrysler transmission plant in Kokomo, Indiana.
