Jony Ive and Sam Altman are in a building
Google-owned artificial intelligence startup OpenAI’s Co-founder Sam Altman told its employees that it plans to launch its first product with ex- Apple CEO Jony Ive’s design studio, LoveFrom, later this year. Altman added the product will be a portable speaker and it’ll be able to sit on a desk or be carried around. Ive is leaving Apple after over 15 years to set up OpenAI.
Publishers were denied the option to opt out of the artificial intelligence search
Google has said that allowing publishers to choose which features are in AI Search would add “enormous complexity”, Bloomberg reported. Google Search head Liz Reid said allowing publishers to opt-out would add “enormous complexity”. Earlier, a report had claimed that Google had discussed offering publishers more granular control over how website data would be used in AI Search features.
Brian Eno is the composer of Windows 95
Microsoft’s former employee Nasr Nasr in an Instagram post said Microsoft’s failure to show Israel’s “war crimes that are powered by Azure” is a “betrayal of the company’s values”. Nasr added he was fired when he participated in a protest against the company’s relationship with Israel’s IMOD, which deals with artificial intelligence technology. Microsoft had last week said its AI was used in Gaza war.
Home Depot won’t raise prices because of tariffs, but some items may disappear
Home Depot executives said the company isn’t looking at broad price hikes and might raise prices for individual items. The US home improvement chain reported US sales up 0.2% and shopping transactions up 2.1% in the latest quarter. Earlier, Walmart had warned that it will have to raise prices as a result of tariffs, beginning as early as this month.
The stock market surged after the U.S. and China agreed to slash tariffs on each other
Geneva Trade Platform’s Executive Director Diane Swonk in an interview to NPR said that stop-go programmes are “the things that can make for very big policy mistakes because of how inflation impacts the US economy”. “But if the consumer…and the administration try to put this burden just on a manufacturer like myself and try to expect us to eat the entire 30% tariff, then you’re going to have a lot of problems,” she added.
Trump has an order to reduce drug prices, but it’s unclear how it would work
US drug prices have been priced “too hard to please” and have gone the next level, said Jolley, a consulting firm. This comes after US President Donald Trump signed an executive order asking drugmakers to bring down the prices Americans pay for prescriptions. If drugmakers don’t do it voluntarily, the administration is threatening to directly tie drug prices paid by government programs to those paid in other countries.
It is believed that a new plane is being given to Trump
A professor at Columbia Law School has said if US President Donald Trump gives a 747 aircraft to the US after he leaves office, it’s not really a gift to the US. “So the fact that the Defence Department is getting a GIFT, free of charge, of a 747 aircraft to replace the 40 year old Air Force One, temporarily, in a very public and transparent transaction,” he added.
The US and China agreed on a temporary reduction in tariffs
The US is in talks with China to purchase more American goods, US Trade Representative Richard Bessent said. “Neither side wants a decoupling. We do want trade, we want more balanced trade, and I think both sides are committed to achieving that,” he added. The US and China have agreed to set up a consultation mechanism to address trade issues.
The U.S. and China have a deal to cut tariffs
China and the US have agreed to establish a consultation mechanism to continue discussing trade issues going forward, US Treasury Secretary Scott Bessent said on Monday. He added, “We concluded that we have shared interest and we both have an interest in balanced trade.” This comes after the US and China held two days of trade talks earlier this week.
The U.S. and China have begun talks in the aftermath of the Trump’s tariffs
USTreasury Secretary Scott Bessent has said that negotiations with China on trade have made “substantial progress” and more details would be announced on Monday. US and China have held two days of trade talks in Geneva. US Treasury Secretary Bessent said that the two sides had made “substantial progress”. Chinese Vice Premier He Lifeng is also participating in the talks.