Pinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line
After the announcement, in a meeting led by the company’s chief technology officer, Matt Madrigal, Pinterest’s chief security officer, Andy Steingruebl, told engineers company leaders wouldn’t be distributing a list…
Meta’s Hyperion AI data center will sprawl to four times the size of Manhattan’s Central Park
According to half a dozen people affiliated with companies working on or around the Meta site, the land purchase paves the way for a phase 2 expansion of the Hyperion…
IonQ, the biggest quantum computing company on the stock market, disputes short-seller claims it failed to disclose holes in its revenue
A handful of companies have done pilot projects showing that it is possible to use a quantum computer to speed up how long it takes to make complex calculations, such…
Alphabet plans to double capex spending to a possible $185 billion—but it’s keeping CEO Sundar Pichai up at night
Capital expenditures—capex, meaning the big-ticket purchases that fund the data centers, servers, and power infrastructure undergirding the AI race—is fueling record-high, multi-trillion dollar tech valuations when investors think the spending…
Scott Bessent’s ‘gotcha’ moment on Trump’s tariffs and inflation: He denies writing ‘tariffs are inflationary’ in letter to hedge fund investors
A House Financial Services Committee hearing descended into chaos and personal invective on Tuesday as Treasury Secretary Scott Bessent clashed with ranking member Maxine Waters (D-Calif.) over the economic impact…
Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection
Nevada Assemblymember Howard Watts said in an interview that the legislative committee he chairs will “absolutely” look into pursuing an independent audit into who was responsible for altering a key…
Turns out your college degree really matters—for keeping you on the wealthy side of America’s K-shaped economy
But the variable that has arguably received the most attention has been consumer spending, specifically how it diverges depending on the demographics in question. The Federal Reserve Bank of New…
‘Dividend aristocrat’ no more: 3M slashes payout after more than 60 years of only boosting it
Starting in May, the manufacturing giant plans to pay a dividend at roughly 40% of its adjusted free cash flow, 3M said in a statement Tuesday as it reported better-than-expected…
Workspace CEO says bosses who force five-day mandates are taking an old ‘factory-style approach’ when they should be embracing AI
From his vantage point, running the world’s largest flexible office provider—with more than 8 million users across 122 countries and 85% of the Fortune 500 among its customers—Dixon believes that…
Why United Rentals’ CTO tried to break his own AI agent before giving it to thousands of employees
“I am personally going to interrogate it and ask it every question I can throw at it,” Leopold recalls of his mindset before going into the four-hour hackathon. “I’m going…
