America's Business and Technology News
Business and Politics
- ‘Breadwinner’ Rotten Tomatoes Reviews Say Bargatze Brings Home Stale Comedy
“The Breadwinner,” a family comedy starring stand-up comedian Nate Bargatze in his feature film debut, is being met with some not-so-fresh-reviews from Rotten Tomatoes critics.
- As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales
Salesforce CEO Marc Benioff revealed that the $145 billion firm is keeping its engineering team slim thanks to AI—but has good news for sales workers.
- Iraq’s Perennial Third World Air Power Problem
Iraq may still face the same problem that plagued it decades ago: namely, its inability to adequately maintain and field such sophisticated equipment independently.
- Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
As companies like Meta and Amazon use AI to justify headcount reductions, Costco is doubling down on $1.50 hot dogs and humans at the cash register.
- Boos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
Standard Chartered's Bill Winters is just the latest CEO to stumble.
Technology
- Steam Deck sells out in North America within 24 hours of price hike
Europe, Australia, and Asia can still get it while the getting's good.
- Bad cholesterol slashed 62% by single dose of gene-editing drug in small trial
The interim Phase I trial data was only from 35 people, but results look good so far.
- The Download: climate tech goes public and the AI Hype Index returns
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Climate tech companies are going public. What’s next? Solar and battery company Solv Energy went public in February, hitting a $6 billion valuation. X-energy, which builds small modular nuclear reactors, followed…
- Forecasters predict below-average hurricane season, advise against complacency
Forecasters say expected El Niño should temper hurricanes in Atlantic, urge preparedness.
- Climate tech companies are going public. What’s next?
This year, there’s been a wave of notable energy companies going public via IPO in the US. The solar and battery company Solv Energy went public in February, to the tune of $6 billion. X-energy, which is building small modular nuclear reactors, did the same in April, and its stocks surged on its first day…
Copyright © 2018-2021 US Business Digest. All rights reserved.