News

  • Record Week for Enterprise Technology Stocks Amid AI Boom

    MongoDB, Pure Storage, Snowflake, and Autodesk all experienced significant stock gains as a result of the artificial intelligence boom. MongoDB’s stock closed out its best week ever, with a 44% rally, while Pure Storage and Snowflake saw impressive gains as well. The rise in stock prices for these companies is attributed to the increasing adoption of AI technologies in various industries.

  • Age Verification Technology: Balancing Child Safety and Privacy Concerns

    The global online safety movement has led to the development of artificial intelligence-powered products aimed at protecting children from harmful content on the internet. In the U.K., the Online Safety Act mandates tech companies to safeguard children from age-inappropriate material, hate speech, bullying, fraud, and child sexual abuse material, with fines for non-compliance. Similarly, regulations in the U.S. are pushing for social media platforms to be accountable for protecting children online.

  • Taco Bell Explores Use of AI in Drive-Through Ordering

    Taco Bell’s chief digital officer has revealed that the company is currently in discussions regarding the appropriate use of artificial intelligence (AI) in their drive-through operations. Despite successfully implementing AI-powered voice ordering at over 500 locations, there have been instances of customers trying to exploit the system with viral pranks.

  • Klaus Staubitzer: AI Finally Delivers in Procurement

    Siemens CPO Klaus Staubitzer, in his recent LinkedIn post, says AI has finally shifted ‘from experiment to everyday’ in procurement.

    Early AI “companions” failed due to poor data and immature tech. Today, cleaner data, smarter tools, and broader acceptance mean AI can deliver real value.

    At the center is the digital buyer twin – an AI agent that automates routine tasks, learns from supplier data, and explains decisions in plain language. Unlike traditional automation, it adapts to context and helps humans focus on strategy.

    Staubitzer’s message: companies must empower existing teams with AI, not replace them – and hesitating now risks falling behind.

  • Mark Cuban Challenges Healthcare Industry by Launching Cost Plus Drugs

    Billionaire entrepreneur and investor Mark Cuban is shaking up the healthcare industry with Cost Plus Drugs, a new venture aimed at making prescription medications more affordable and transparent for consumers.

    By pricing drugs based on cost rather than market demand, Cuban is disrupting the traditional pharmacy model and taking on pharmacy benefit managers who set opaque drug prices.

    With a focus on transparency and affordability, Cuban’s approach is changing the game in an industry known for high prices and artificial shortages. By refusing to play by the rules and challenging established players in the industry, Cuban is setting a new standard for how drugs are priced and sold to consumers.

  • Fewer Americans Seek Unemployment Benefits, Despite Slowed Economy

    The Labor Department reported a drop in applications for unemployment benefits, with employers holding onto their workers even as the economy has slowed. Job gains have decreased, and growth has weakened due to uncertainty surrounding President Donald Trump’s tariff policies. Federal Reserve Chair Jerome Powell has signaled a potential interest rate cut to address the sluggish job market. Despite low layoffs, many Americans are struggling to find new jobs, as seen in the high number of people continuing to collect unemployment benefits.

  • Uncertainty around Tariffs Impacting Lamborghini Sales

    Lamborghini CEO Stephan Winkelmann shared with CNBC that the uncertainty around tariffs has caused wealthy buyers to hold off on purchasing supercars. Despite an agreement on a 15% tariff rate, the rate has not yet taken effect for cars, leaving Lamborghini and other European automakers paying a higher rate of 27.5% on exports to the U.S. The company is considering pricing increases and potential changes to its upcoming electric car model.

    However, Lamborghini remains insulated from immediate demand drop-off due to a large back order. The company is also benefiting from an increase in global wealth, particularly among younger and more diverse buyers. Additionally, the company is focusing on attracting more women buyers through events and the popularity of their Urus model.