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Geoffrey Hinton, one of the “godfathers of AI,” is warning that the technology he helped create could take control of humans. In an interview with CBS Saturday Morning, Hinton said AI had developed even faster than he had originally expected, citing the acceleration of AI agents as a particularly scary development. He also predicted that … Read more
Higher German infrastructure spending will boost Europe’s economic growth in the coming years — but not enough to outweigh the expected drag from U.S. tariffs, according to Alfred Kammer, director of the European department at the International Monetary Fund. The IMF last week cut its growth outlook for the euro area, also making downgrades for … Read more
Stock prices spiraled once President Donald Trump unveiled his sweeping tariff regime on so-called “Liberation Day.” But it appeared a bond sell-off caught his attention (although he denies it), and he put some tariffs on ice. That sell-off sent longer-term yields soaring, and as Fortune’s Shawn Tully wrote, Trump “is obsessed with rates on 10-year … Read more
Leading analyst Craig Moffett suggests any plans to move U.S. iPhone assembly to India is unrealistic. Moffett, ranked as a top analyst multiple times by Institutional Investor, sent a memo to clients on Friday after the Financial Times reported Apple was aiming to shift production toward India from China by the end of next year. … Read more
According to the Financial Times, which cites sources “familiar with the matter,” Apple plans to assemble in India all iPhones intended for the US by the end of 2026. The majority of Apple’s iPhones are currently made in China, but Chinese-made products have become a toxic asset for US import. The US government has imposed … Read more
Gwyneth Paltrow has come out swinging against speculation that she and Meghan Markle are embroiled in a feud. The actress, 52, shut down the rumors about her relationship with the Duchess of Sussex, 43, in the Thursday, April 24 episode of podcast “The World’s First Podcast With Erin & Sara Foster.” “You know what I … Read more
Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. Intel’s CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm on Intel’s Thursday Q1 earnings call. Instead, the firm will remain internal and continue to invest with Intel’s interests in mind. “We have made … Read more
Tesla CEO Elon Musk attempted to point the finger at protestors who have demonstrated en masse in front of vehicle showrooms in the U.S. and Europe, claiming without evidence that they have been activated because they are the recipients of government waste and fraud. Musk told analysts during the company’s first quarter earnings call on … Read more
U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year. “None whatsoever,” Trump said in the Oval … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Resilience is a good thing. We’ve learnt that over the past two decades or so — pandemics, wars, trade decoupling and climate-related disasters have made the risks of over-concentrating production capacity in any … Read more
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