Author: Fortunes Wall
After spiraling from crisis to crisis over much of the past seven years, Boeingis stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement to fix the problem-addled company last year, is set this week to outline significant progress since he took the helm a year ago. Boeing reports quarterly results and gives its outlook on Tuesday. So far, investors are liking what they’ve been seeing. Shares of the company are up more than 30% so far this year. Wall Street analysts expect the aircraft manufacturer to halve its second-quarter…
Elon Musk says his artificial intelligence startup will make an app dedicated to kid-friendly content and call it Baby Grok. The billionaire didn’t provide further details on Baby Grok in a post on X. Earlier this month, xAI rolled out chatbot Grok 4 just months after releasing its previous iteration, underscoring the frenetic pace of AI development. The update also came after the bot shared multiple antisemitic comments on X that drew widespread condemnation.
Meta on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge made clear his ruling was limited to this case. U.S. District Judge Vince Chhabria sided with Meta’s argument that the company’s use of books to train its large language models, or LLMs, is protected under the fair use doctrine of U.S. copyright law. Lawyers representing the plaintiffs, including Sarah Silverman and Ta-Nehisi Coates, alleged that Meta violated the nation’s copyright law because the company did not seek permission from the authors to use their books…
In a world increasingly vulnerable to health crises, a visionary leader is pioneering the future of infectious disease spread risk management. Dr. John Norris, founder and Executive Chairman of Safely2Prosperity (S2P), is leveraging cutting-edge technology to combat the spread of deadly pathogens, ensuring both public health, population health, and economic prosperity. Headquartered in Boston, MA, S2P stands at the forefront of global bio-emergency preparedness. Dr. Norris, a former COO of the FDA and Harvard faculty member, brings a unique blend of government, academic, and private sector expertise to the challenge. His groundbreaking work spans health law, regulation, and risk management,…
Hims & Hers Healthannounced Tuesday it will acquire European telehealth platform Zava in its push to expand globally. “We’re excited to take this moment to really accelerate both the European expansion, but also use this platform as an accelerant as we move into more markets,” Hims & Hers CEO Andrew Dudum told CNBC in an interview. The deal is set to close by mid-year, according to the company’s press release. While terms of the acquisition were not disclosed, the company said details of the transaction will be available in financial disclosures at closing. Shares of Hims & Hers gained about…
Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald Trump’s sweeping tariffs and crackdown on low-value imports push up costs for the companies known for their budget offerings. In nearly identical letters to customers this week, the two companies said they will be increasing prices starting April 25 and encouraged shoppers to purchase “now at today’s rates”. Shein and Temu, sellers of everything from toys to smartphones, had grown rapidly in the U.S. thanks in part to the “de minimis” exemption that allowed duty-free entry for merchandise priced below $800, enabling the companies…
The Inspiration Behind a Career in Teaching Nilmini Ratwatte’s journey into education was not just a career choice; it was a calling. Inspired by a deep-seated passion for children and an unwavering belief in the power of education, she stepped into the field with the intent to create meaningful change. The two essential qualities she believes every educator must possess are an authentic love for students and the creativity to design lessons that engage all learning styles. Her journey, however, has been anything but conventional. She has faced systemic challenges, ethical violations, and has even gone unpaid for months—yet her…
Donald Trump has said he “couldn’t care less” if carmakers raise prices after his 25% tariffs on foreign-made vehicles comes into effect. Some analysts have warned that Trump’s import charges could lead to the temporary shutdown of some US car production, with increased prices passed onto consumers. But the US president told NBC News on Saturday that he hoped foreign carmakers will raise prices as it meant “people are gonna buy American-made cars – we have plenty”. On Wednesday, Trump announced new 25% tariffs on cars and car parts entering the US to begin on 2 April. Charges on businesses…
Crowds have protested billionaire Elon Musk’s purge of the U.S. government under President Donald Trump outside Tesla dealerships throughout the U.S. and in some cities in Europe SAN FRANCISCO — Protesters against billionaire Elon Musk’s purge of the U.S. government under President Donald Trump demonstrated outside Tesla dealerships throughout the U.S. and in some cities in Europe on Saturday in the latest attempt to dent the fortune of the world’s richest man. The protesters were trying to escalate a movement targeting Tesla dealerships and vehicles in opposition to Musk’s role as the head of the newly created Department of of…
OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI’s for-profit shift, the latest turn in a grudge match between the world’s richest person and OpenAI CEO Sam Altman playing out publicly in court. Billionaire Elon Musk and OpenAI jointly proposed a trial in December, according to a federal court filing on Friday. The parties agreed to delay a decision on whether the expedited case will be decided by a jury or solely by the judge, said the filing in U.S. District Court for the Northern District of California. The judge this month denied Musk’s request to pause…