Business - News Articles

Apple to Align Operating System Names with Future Years

May 28, 2025

The Verge

Apple is reportedly planning to overhaul its operating system naming conventions, aligning them with years instead of version numbers, starting with iOS 26, iPadOS 26, macOS 26, watchOS 26, tvOS 26, and visionOS 26, to be announced at WWDC 2025 alongside a design revamp inspired by the Vision Pro's visionOS.

Consumer Products Business

xAI to Pay Telegram $300M for Integrating AI Chatbot Grok

May 28, 2025

TechCrunch

In a groundbreaking deal, Elon Musk's AI company xAI will pay Telegram $300 million to integrate its chatbot Grok into the messaging app, allowing users to access Grok's advanced capabilities for writing, summarizing, and creating content directly within Telegram.

Business Consumer Products Social Media

Browser Company Mulls Arc's Future, Eyes AI-Powered Dia

May 27, 2025

TechCrunch

The Browser Company grapples with the future of Arc Browser, plagued by complexity and lack of cohesion, while shifting focus to developing Dia, an AI-powered browser poised to revolutionize the industry.

Consumer Products Business Open Source

Wix Acquires AI Pioneer Hour One, Supercharging Web and Visual Design

May 27, 2025

Yahoo Finance

Wix, a leading web development platform, has acquired Hour One, a pioneering AI company specializing in generative AI media creation, to supercharge its web and visual design capabilities through scalable production of personalized videos and studio-quality content powered by AI and 3D rendering.

Business Image & Video Retail

Salesforce Acquires Informatica in $8 Billion Cloud Data Management Deal

May 27, 2025

CNBC

Salesforce, a leading customer relationship management software company, is acquiring cloud data management firm Informatica in an $8 billion deal, paying $25 per share to bolster its push into artificial intelligence and enable autonomous AI agents to deliver smarter and safer outcomes.

Business Agents Cloud Computing

IBM Slashes 8,000 Jobs, Boosts AI Workforce in Strategic Shift

May 27, 2025

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema

IBM laid off 8,000 employees, mainly from HR, as its AI platform AskHR automated 94% of routine tasks, but the company's total workforce grew as it reinvested in areas requiring human skills like engineering and sales, signaling a strategic pivot toward AI integration and workforce realignment.

Labor & Jobs Enterprise Business

Experts Weigh Benefits and Risks of AI Digital Humans in Business

May 26, 2025

Search Enterprise AI

Experts highlight the potential benefits and risks of using AI digital humans in business, offering cost savings but raising concerns about public distrust, legal liabilities, and ethical issues surrounding the technology's realistic replication of human interactions.

Business Ethics Customer Service Trust

Musk Abandons Politics, Returns to 24/7 Grind Amid X Outages

May 25, 2025

India Today

Elon Musk announces a return to his intense 24/7 work schedule, sleeping at offices and factories, to focus on X/Twitter, Tesla, and SpaceX after global X outages and declining Tesla sales raised investor concerns about operational distractions and his political involvement.

Business

Jony Ive's Mysterious 'Screen-Free' OpenAI Device Leaks: A Pocket-Sized AI Assistant

May 22, 2025

The Verge

Leaked details reveal that former Apple designer Jony Ive and OpenAI CEO Sam Altman are developing a pocket-sized, screen-free, contextually aware device envisioned as a 'third core device' alongside laptops and phones, set for release by late 2026 after OpenAI's $6.5 billion acquisition of Ive's AI hardware startup.

Consumer Products Hardware Funding Business

Klarna Debuts AI Avatar of CEO to Present Earnings

May 21, 2025

TechCrunch

In a bold move, fintech company Klarna used an AI avatar of its CEO to deliver its latest earnings report, showcasing its commitment to AI and touting its role in achieving profitability and streamlining its workforce by 40%, while hinting at the potential for AI to replace human CEOs.

Finance Labor & Jobs Business