REVEALED: 59 | Vintage Vibes

Nvidia Confirms The Acquisition Of Hugging Face For Almost $13 Billion. Its Stock Is Edging Up.

Nvidia CEO Jensen Huang said the deal will allow the company to "expand access to AI for developers and institutions worldwide."

International Business Times · Sep 3

Uber Scraps Remote Work for 99% of Its Corporate Staff Whilst Simultaneously Slashing 3,300 Jobs

Uber announces 3,300 job cuts and reduces remote-work roles, affecting its global workforce. The restructuring aims to simplify operations and focus on future investments, such as autonomous vehicles.

International Business Times UK · Sep 3

How St. Paul's Rent Control Experiment Backfired Spectacularly

Construction of new housing collapsed in the Minnesota city as builders took their business elsewhere.

Reason · Sep 2

Microsoft reveals Azure cloud sales in financial reporting shift

Microsoft said that Azure had $29.4 billion in sales in its most recently ended quarter and $101.9 billion in sales ‌in its most ⁠recent ⁠fiscal year ended June 30. The figures place Microsoft behind Amazon, whose cloud sales were $42.2 billion in its ​most recent quarter, but ahead of Google,…

The Economic Times · Sep 3

Boeing paid $3.1 million fine to FAA over widespread safety violations

Boeing paid a $3.1 million fine to the FAA this year for safety violations. These violations included actions tied to the 2024 Alaska Airlines MAX 9 mid-air emergency. The FAA also cited interference with safety officials' independence and unairworthy aircraft. Hundreds of quality system violations were found at Boeing and…

The Economic Times · Sep 3

Sony's $7.85 Million PlayStation Settlement: Who Could Get PSN Credit And What Happens Next

Sony's proposed $7.85 million PlayStation settlement could pay eligible users in PSN credit. Here's who qualifies and what happens on October 15.

Player One · Sep 3

Is Boeing Stock Underperforming the Nasdaq?

Though Boeing has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

Barchart · Sep 2

Chinese AI models threaten US industry by being up to 90% cheaper — and they're driving Google, OpenAI, and Anthropic out of the open market

In the space of a year, US AI model share has dropped considerably as cheaper Chinese alternatives take their places.

TechRadar · Sep 2

LVMH Completes Sale of Marc Jacobs in $925 Million Deal

LVMH has completed the sale of Marc Jacobs to a joint venture between WHP Global and G-III Apparel Group in a transaction valued at approximately $925 million. Marc Jacobs will remain the brand's founder and creative director.

Fashion Times · Sep 2

Dell Stock Reverses 6.8% Sell-Off, Surges After $25 Billion Forecast Raise Flips the AI Trade

Dell Technologies raised its fiscal 2027 revenue forecast by $25 billion, driven by strong AI demand, despite supply constraints. Shares surged nearly 11% following the announcement.

International Business Times UK · Sep 2