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Capri Holdings (NYSE:) shares rose as much as 7% in premarket trading on Monday after Women’s Wear Daily (WWD) reported that the company is exploring potential buyers for its Versace and Jimmy Choo brands, working with Barclays (LON:) to facilitate the process. While discussions are in the early stages, it…
Meta plans a $10 billion global underwater cable project spanning 25,000 miles, TechCrunch reported.The project is reportedly in the early planning stages, though the exact route has not been announced.Meta aims for sole cable ownership of the cable, avoiding geopolitical tension areas like the Red Sea.Meta is reportedly planning to…
Nvidia has asked suppliers to change server racks for Blackwell due to overheating, per The Information.It sparks concerns that Nvidia may delay deliveries, which are expected to start next month.Blackwell chips are key for AI development, promising improved speed over Nvidia predecessors. Nvidia has asked its suppliers to rethink the…
Good morning! Tired of having to check your email when you’re supposed to be off the clock? A growing number of countries are implementing laws that make those late-night emails from your boss illegal.In today’s big story, OpenAI’s next big AI model isn’t showing massive improvement over previous versions, and…
A rare bee species reportedly threw a wrench in Meta’s plans for an AI data center.Meta planned to build a facility to run on nuclear power, but the bees complicated matters, FT said.Other tech giants are spending billions on data centers to further their AI ambitions. In the race to…
Multiple outlets reported, citing unnamed sources, that a “Game of Thrones” movie is in the works.HBO previously rejected the idea of a “Game of Thrones” movie.Warner Bros. Discovery has had a rocky time at the box office this year, with some franchises underperforming. “Game of Thrones” may soon be getting…
A mother is suing Character.AI after her son died by suicide moments after talking to its chatbot.Google’s parent company, Alphabet, is also named as a defendant in the case.Character AI’s founders were re-hired by Google as part of a deal reportedly worth $2.7 billion. Just moments before 14-year-old Sewell Setzer…
The Washington Post’s decision not to endorse a presidential candidate has sparked a staff backlash.The paper reported owner Jeff Bezos made the call and that a Harris endorsement was planned.The news sparked fears of management interference and potential self-censorship in a tight race. Washington Post editorial staff are in revolt…
Apple is cutting Vision Pro production, possibly halting it by year-end, The Information reported.Demand for the $3,500 devices has been weak, said analyst William Kerwin.Apple may be developing a cheaper, smaller headset to boost consumer interest. Apple is reportedly reducing Vision Pro production, but that doesn’t mean it’s out of…
A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati’s exit.The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May.Since then, more execs departed and employees shared concerns over rushed product launches and safety testing. Questions are swirling…
