Markets
President Donald Trump’s $100,000 visa fee for H-1B applicants has hit a new legal roadblock.A federal judge at a US District Court in Massachusetts ruled Monday that the fee violates the Constitution’s Administrative Procedure Act.Judge Leo Sorokin found that the fee is “unlawful,” according to his ruling. Sorokin said the…
In 1944, the Wall Street Journal reported that even industry experts couldn’t settle on a definition for supermarkets. Most agreed the stores had several departments — including produce, meat, and dairy — and the grocery areas were self-service. The Super Market Institute put the minimum sales volume at $200,000 a…
OpenAI said a world where everything is automated would be dangerous.In a blog post on Monday, CEO Sam Altman and OpenAI’s chief scientist, Jakub Pachocki, said they were “clear-eyed about the risks” of AI, despite the productivity benefits it brings.”Entirely automating everything is not the future we want,” the duo…
Tools for Humanity, the eyeball-scanning startup co-founded by Sam Altman, is laying off employees, according to an internal email viewed by Business Insider.The company has struggled to show how its iris-scanning “Orb” can generate revenue and win over regulators, despite a $2.5 billion valuation and millions of sign-ups. Investors like…
If there was one phrase the company wanted people to remember from WWDC 2026, it was Apple Intelligence, its very Apple-y branding for its suite of AI features.Apple said its new AI software, which has undergone a broad overhaul, is being threaded through every product — including its phone-based digital…
All eyes are on Apple as the company spent Monday trying to answer the question that’s hung over the company since 2024: Can it finally deliver on the future it promised?At its 2026 Worldwide Developers Conference on Monday, the iPhone maker unveiled Siri AI, a long-awaited overhaul of its voice…
Starbucks isn’t just launching another drink. With its latest Refreshers debut, announced Monday, the coffee giant is expanding one of its fastest-growing businesses as it races to win customers long after the morning coffee rush ends.Beginning July 14, Starbucks customers will be able to order any Refresher drink blended, the…
Apple wants older iPhones to run better.That’s why on Monday, Apple announced that one of its major efficiency improvements will be coming to iPhones as old as the iPhone 11 lineup.When iOS 27 arrives this fall, older iPhones will have access to an advanced CPU scheduler, a system already available…
Three and a half years since OpenAI ushered artificial intelligence into the mainstream with the release of ChatGPT, its CEO and cofounder says the company is entering its third phase — making AI abundant, accessible, and safe.Sam Altman and Jakub Pachocki, OpenAI’s chief scientist, published a blog post on Monday…
OpenAI said Monday it has taken a formal step toward a potential stock market debut, signaling that the artificial intelligence company is preparing for the possibility of becoming a publicly traded firm. The move gives OpenAI flexibility to pursue an initial public offering in the future, though the company indicated…
