Author: Eldin Yovlz

Delta Air Lines is facing mounting scrutiny over its adoption of artificial intelligence in airfare pricing, following sharp criticism from U.S. lawmakers who raised concerns about potential “personalized pricing” — a practice where AI could tailor fares based on a customer’s individual data or perceived willingness to pay.

In a tech world long dominated by Apple, Meta CEO Mark Zuckerberg has taken aim at a new target: the iPhone as the center of personal computing. In a memo and earnings commentary timed to perfection, Zuckerberg may have fired the first true salvo in what could become the next platform war. His weapon? A sweeping vision of AI-powered smart glasses as the future “primary computing device”. On July 30, Zuckerberg published a manifesto titled “Personal Superintelligence,” in which he outlined his belief that AI is on the brink of superintelligence—a form of artificial general intelligence tailored to empower individuals.…

For nearly a century, McKinsey & Company has occupied a rarified perch as the elite advisor to CEOs, governments, and boardrooms across the world. Its consultants—often MBAs from the likes of Harvard, Wharton, and Stanford—once commanded deference bordering on awe. Their PowerPoint slides were gospel, their recommendations the blueprint for billion-dollar strategies. But today, that aura faces a threat no competitor has ever posed: Artificial Intelligence. In an era where software can generate business plans, synthesize reports, and even produce McKinsey’s trademark crisp prose in seconds, the entire business model of Big Consulting is under siege. And no firm feels…

Zuckerberg, it seems, is pulling every lever possible to accelerate the buildout of his new AI division — Meta’s Superintelligence Labs — in a frantic attempt to catch up with rivals like OpenAI, Google DeepMind, and Anthropic. But the refusal by TML’s team — not one of whom accepted any offer — paints a telling portrait of the current AI climate: money isn’t everything, even when the checks have nine zeros.

Intel Corporation has unveiled a sweeping restructuring plan aimed at reversing its declining market position amid rapid competition in artificial intelligence (AI) and semiconductor manufacturing. The company announced it will lay off 15% of its global workforce—approximately 24,000 jobs—and cancel multi‑billion‑dollar factory projects in Europe and the U.S. In its Q2 2025 results, Intel posted $12.86–$12.9 billion in revenue, slightly ahead of consensus expectations, yet absorbed a sharp net loss of $441 million to $2.9 billion, largely due to $1.9 billion in restructuring charges and impairments. This marked a steep fall from the small profit it reported a year earlier. CEO Lip‑Bu Tan, who took charge in March 2025,…

Hewlett Packard is owed nearly $1 billion by the estate of the late Mike Lynch and his former business partner over HP’s acquisition of their British software firm Autonomy, London’s High Court ruled on Tuesday. HP was seeking to recoup its losses from Lynch – who died last year when his luxury yacht sank off Sicily– and Autonomy’s former chief financial officer, Sushovan Hussain. The technology giant welcomed Tuesday’s ruling, which said HP was owed $944 million in relation to the difference between the price it paid and the price it would have paid for Autonomy had it known its “true financial position.” In addition, HP is entitled…

Shares of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) climbed Thursday after the world’s largest contract chipmaker reported record-breaking second-quarter profits, driven by booming demand for artificial intelligence (AI) chips. Despite global currency headwinds and rising concerns over U.S. tariff policy, investors appear confident that AI tailwinds will continue to drive TSMC’s growth for the foreseeable future. TSMC reported net income of $9.4 billion for Q2 2025, a new quarterly record and up 22% from a year earlier. Revenue came in at $20.2 billion, also beating analysts’ expectations, as the company continued to benefit from its dominant position as the manufacturer of choice for advanced…

The crypto industry notched a major victory on Thursday, securing legislation that could lead to digital assets becoming a significant part of Americans’ everyday lives. But delays in enacting the bill shows the industry’s power still has limits. On Thursday afternoon, the House of Representatives in a 308-122 vote passed a bill that would set rules for so-called stablecoins, a type of cryptocurrency whose value is most often pegged to the dollar and backed by reserves. The Senate already passed the bill in June, and the White House on Thursday said President Donald Trump will sign it into law as…

Nearly 150 stoplights in San Jose, California, are equipped with an artificial intelligence tool aimed at optimizing bus trips. The tech has allowed the buses to run at higher speeds and reduced commute times for riders by 20%, in part by making it more likely buses will reach a green traffic light. “We know that what meaningfully drives up ridership levels is the frequency of the service, how often the buses come, and the speed of getting to your destination,” said San Jose Mayor Matt Mahan, noting the program will now be scaled citywide. “A more than 20% improvement in commute times…

Hong Kong-listed shares of China’s Xiaomi surged over 5% to hit a record high on Friday, a day after its electric car drew a strong response from customers. The consumer electronics company, a relatively newer player in the EV market, took aim straight at rival Tesla with its new electric luxury vehicle, YU7. The SUV’s pricing starts at 253,500 yuan ($35,322), CEO Lei Jun said Thursday, pointing out that the vehicle was 10,000 yuan cheaper than Tesla’s Model Y, which starts at 263,500 yuan in China. The YU7 received more than 200,000 orders within just three minutes of its launch, Xiaomi said. Prior to the official…