Business

Auto Added by WPeMatico

UPS is investing more than $2bn across international, healthcare and supply chain

UPS has told CNBC it is investing more than $2bn across its international, healthcare and supply chain businesses, spending that began in 2024 and runs to 2028. The same company cut about 48,000 roles last year and said in January it would cut 30,000 more. UPS has put a figure on something it had been […]

This story continues at The Next Web

UPS is investing more than $2bn across international, healthcare and supply chain Read More »

SpaceX is hiring a natural gas trader for its rockets and chips

SpaceX is hiring a natural gas trader. The company wants someone to build and lead a trading team for its own fuel and power needs, according to Bloomberg. Julian Hast, who covers US gas markets from Houston, spotted the job on Friday. The role “focuses on physical and financial natural gas trading”, the posting says. […]

This story continues at The Next Web

SpaceX is hiring a natural gas trader for its rockets and chips Read More »

OpenAI loses a second sales leader in a week to Salesforce

OpenAI’s vice-president of sales in the Americas has resigned after five months in the job. Kaylin Voss is going back to Salesforce, according to The Information, which broke the story on Friday. She left a week after her former boss. Denise Dresser, OpenAI’s chief revenue officer, walked out after nine months. Both women came from […]

This story continues at The Next Web

OpenAI loses a second sales leader in a week to Salesforce Read More »

Australian data centres will use seven times more power by 2036

Australian data centres will take 13% of the country’s main electricity market by 2035-36, up from 3% today. That is almost a sevenfold rise in a decade, according to the Australian Energy Market Operator. Keira Wright reported the forecast for Bloomberg. The figure lands in AEMO’s annual Electricity Statement of Opportunities. The document is the […]

This story continues at The Next Web

Australian data centres will use seven times more power by 2036 Read More »

The New York Times is testing AI summaries on readers

The New York Times has started showing readers text written by a machine. A new search page answers queries with excerpts, links to Times stories and AI-generated summaries of Times reporting. Max Tani, Semafor’s media editor, reported the test on Sunday. The paper rolled it out quietly to a small subset of visitors over recent […]

This story continues at The Next Web

The New York Times is testing AI summaries on readers Read More »

Trump wants a $103,265 fee on new H-1B visas

The US Department of Homeland Security proposed a rule on Monday. It would charge employers $103,265 for a new H-1B visa. Daniel Wiessner reported the filing for Reuters. A federal judge blocked a similar fee in June, calling it unlawful. H-1B visas let US employers hire foreign workers trained in specialty fields, and the technology […]

This story continues at The Next Web

Trump wants a $103,265 fee on new H-1B visas Read More »

Amazon raised its device prices by up to 60% overnight

Amazon raised the price of its own devices overnight on 21 August. The increases run to 60% on the cheapest product in the range, and they were not announced. Fortune reported the change across the hardware line. Pocket-lint had reported the Fire TV increases earlier the same day. Amazon confirmed the rises and blamed memory […]

This story continues at The Next Web

Amazon raised its device prices by up to 60% overnight Read More »

Temu-Owner PDD beats profit estimates as revenue growth slows to 8%

PDD Holdings posted adjusted quarterly earnings of 19.33 yuan per share against estimates of 18.51, with revenue up 8% to 112.4bn yuan, or $16.6bn, missing forecasts. Shares rose about 3.5% premarket as European regulatory pressure on Temu continues to build. Temu’s owner made more money than analysts expected and sold less than they hoped. PDD […]

This story continues at The Next Web

Temu-Owner PDD beats profit estimates as revenue growth slows to 8% Read More »

Nvidia has bought into a third land and power company this month

Nvidia took a minority stake in Cloverleaf Infrastructure on Friday. Cloverleaf secures land and electricity for data centres. It is the third company of that kind Nvidia has bought into in quick succession, according to The Information. Neither company disclosed terms. The Wall Street Journal reported on Friday morning that Nvidia was expected to invest […]

This story continues at The Next Web

Nvidia has bought into a third land and power company this month Read More »

Workers are rewriting their LinkedIn histories, and 2022 now looks 30% more AI-skilled than it was

A working paper analysing 29.4 million US LinkedIn profiles found nearly a fifth had retroactively edited a job they had already left, with AI-related additions rising more than sixfold since ChatGPT launched. The authors estimate a 2026 snapshot overstates 2022 AI skills by about 30%. The record of who did what at work is quietly […]

This story continues at The Next Web

Workers are rewriting their LinkedIn histories, and 2022 now looks 30% more AI-skilled than it was Read More »

Shopping Cart