Major stock indexes fell sharply Friday after a strong jobs report set the stage for the Federal Reserve to hike rates, rattling shares of companies that are involved in sky-high artificial intelligence investments. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The threat of higher interest rates often … Read more
Dan Hoffman on tech CEO accused of sending secret shipments to Iran Former CIA station chief Dan Hoffman weighs in on the alleged decade-long scheme where tech CEO Jamshid Ghomi sold U.S. computer networking parts to Iran. Hoffman emphasizes the counter-intelligence success by the FBI in exposing the tech scheme. He discusses the potential damage … Read more
Big tech companies that invested in artificial intelligence are grappling with its rising costs. Emily Bary, an assistant managing editor for tech at MarketWatch, joins CBS News with more. Source link
The leading candidate to oversee the Justice Department’s antimonopoly enforcement has been a critic of the tech sector and is a government lawyer who led an effort to crack down on social media companies during President Trump’s first term. Adam Candeub is being considered for assistant attorney general for the Antitrust Division, sources familiar with … Read more
Pope Leo XIV’s sweeping warning about the dangers of artificial intelligence drew a largely muted response across the American technology world, though a handful of leaders quickly embraced the Vatican’s push for stronger government oversight while others blasted it as a threat to innovation. Subscribe to read this story ad-free Get unlimited access to ad-free … Read more
As Americans are living longer than ever, seniors are increasingly prioritizing aging in place, which means to live safely, comfortably and independently in their home and community for as long as possible. “It’s about maintaining routines, dignity and connection to the people and places that are familiar to them,” says Dr. Lakelyn Eichenberger, a gerontologist … Read more
Over 50 percent of shoppers plan to participate in Memorial Day sales this year, but they’re expected to spend way less than usual, according to a recent survey from RetailMeNot. You might be one of them: You’re looking for deals on a couple of wish list items, but between rising gas and grocery prices, your … Read more
Tech CEOs in China with Trump make cases for more economic partnerships – CBS News Watch CBS News Several tech CEOs are with President Trump for the historic China summit with President Xi Jinping to advocate for more economic partnerships. CBS News’ Nancy Cordes reports. Source link
A tech exec and cannabis entrepreneur’s kidnapping is caught on surveillance video. “48 Hours” contributor Tracy Smith reports. | Case update: The four men charged with the murder of Tushar Atre were all found guilty in separate trials. They were sentenced to life in prison without the possibility of parole. Source link
Who would target the 50-year-old tech executive-turned-cannabis entrepreneur and would surveillance video help investigators crack the case? An entrepreneur & adventurer Tushar Atre, 50, owned a web design company and was well-known in the tech community. Rachael Emerlye Tushar Atre was living near the beach in Santa Cruz, California. Friends say he loved adventure and … Read more