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Microsoft shares 0M in AI savings internally days after cutting 9,000 jobs

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

by News Feed Editor | Jul 9, 2025 | Technology

Microsoft’s chief commercial officer Judson Althoff said during a presentation this week that AI tools are boosting productivity across sales, customer service, and software engineering, Bloomberg reports. Althoff noted AI has been so useful that Microsoft was able to...
California lawmaker behind SB 1047 reignites push for mandated AI safety reports

California lawmaker behind SB 1047 reignites push for mandated AI safety reports

by News Feed Editor | Jul 9, 2025 | Technology

California State Senator Scott Wiener on Wednesday introduced new amendments to his latest bill, SB 53, that would require the world’s largest AI companies to publish safety and security protocols and issue reports when safety incidents occur. If signed into law,...
Steve Davis left DOGE in May, but officials say he’s still running the show

Steve Davis left DOGE in May, but officials say he’s still running the show

by News Feed Editor | Jul 9, 2025 | Technology

Though he officially left the U.S. government in May, Steve Davis — Elon Musk’s low-flying former top lieutenant at the Department of Government Efficiency — continues to wield influence at DOGE, according to the WSJ. The outlet says Davis, who is a longtime Musk ally...
Neobank Revolut seeks B valuation, a year after its B deal

Neobank Revolut seeks $65B valuation, a year after its $45B deal

by News Feed Editor | Jul 9, 2025 | Technology

Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports.  The U.K.-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones....
X’s ad business improved under departing CEO Linda Yaccarino, but it’s still tough times ahead

X’s ad business improved under departing CEO Linda Yaccarino, but it’s still tough times ahead

by News Feed Editor | Jul 9, 2025 | Technology

Former NBCU ad exec Linda Yaccarino’s tenure at X may have been fairly short — just two years from start to finish — but she did manage to make an impact on the social network’s ad business, new data from ad intelligence firm Guideline shows. Yaccarino will be leaving...
OpenAI is reportedly releasing an AI browser in the coming weeks

OpenAI is reportedly releasing an AI browser in the coming weeks

by News Feed Editor | Jul 9, 2025 | Technology

Hot on the heels of Perplexity’s Comet launch, OpenAI is planning to release an AI-powered web browser of its own to challenge Google Chrome, according to a report from Reuters on Wednesday. The ChatGPT maker reportedly aims to release its browser in the coming weeks....
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