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#News

Moody’s Says Recession Odds Hit 49 Percent as Oil Surges Past $113 a Barrel

NEWS

Moody’s Says Recession Odds Hit 49 Percent as Oil Surges Past $113 a Barrel

Moody's chief economist Mark Zandi warns recession will be difficult to avoid if oil prices stay elevated, with the firm's model at…

News GREY Journal Mar 19 4 min
Microsoft Threatens to Sue OpenAI and Amazon Over $50 Billion Cloud Deal That Could Reshape the AI Industry

NEWS

Microsoft Threatens to Sue OpenAI and Amazon Over $50 Billion Cloud Deal That Could Reshape the AI Industry

Microsoft says it will take legal action if OpenAI's Frontier deal with Amazon violates its exclusive Azure API agreement, setting up the…

News GREY Journal Mar 19 5 min
Congress Passes Bill to Restart $4 Billion SBIR and STTR Programs After Five Month Shutdown

NEWS

Congress Passes Bill to Restart $4 Billion SBIR and STTR Programs After Five Month Shutdown

The House voted 345-41 to reauthorize the SBIR and STTR small business innovation programs through 2031, unlocking nearly $6 billion in frozen…

News GREY Journal Mar 19 4 min
BlackRock CEO Larry Fink Says AI Could Push Class of 2026 Unemployment to Its Highest Level in Years

NEWS

BlackRock CEO Larry Fink Says AI Could Push Class of 2026 Unemployment to Its Highest Level in Years

Fink warned at BlackRock's Infrastructure Summit that AI is eliminating entry-level white-collar jobs, putting new graduates on track for the worst job…

News GREY Journal Mar 18 4 min
Alibaba Launches Wukong AI Agent Platform to Automate Enterprise Workflows Around the Clock

NEWS

Alibaba Launches Wukong AI Agent Platform to Automate Enterprise Workflows Around the Clock

The Qwen-powered platform lets businesses deploy AI agents for document editing, approvals, meeting transcription, and research through Alibaba's DingTalk messaging app.

News GREY Journal Mar 17 3 min
Airline CEOs Demand Congress End the DHS Shutdown as 366 TSA Officers Quit and Airport Wait Times Hit Four Hours

NEWS

Airline CEOs Demand Congress End the DHS Shutdown as 366 TSA Officers Quit and Airport Wait Times Hit Four Hours

The heads of American Airlines, Delta, Southwest, JetBlue, UPS, and FedEx issued a joint letter warning that spring travel faces mounting disruption…

News GREY Journal Mar 17 3 min
Meta Plans to Cut Up to 15,000 Workers as AI Infrastructure Spending Doubles to $135 Billion

NEWS

Meta Plans to Cut Up to 15,000 Workers as AI Infrastructure Spending Doubles to $135 Billion

The reported 20 percent workforce reduction would be Meta's largest since the 2022 year of efficiency and signals a deepening industry pattern…

News GREY Journal Mar 17 3 min
SEC Prepares Proposal to End Mandatory Quarterly Earnings Reports for Public Companies

NEWS

SEC Prepares Proposal to End Mandatory Quarterly Earnings Reports for Public Companies

The SEC, under Chairman Paul Atkins, is moving toward making quarterly financial disclosures optional, allowing public companies to report earnings just twice…

News GREY Journal Mar 16 4 min
European Publishers and Tech Companies Demand the EU Fine Google Over AI Search Practices This Week

NEWS

European Publishers and Tech Companies Demand the EU Fine Google Over AI Search Practices This Week

A coalition including the European Publishers Council and the German Startup Association says the Commission's credibility is at stake as AI Overviews…

News GREY Journal Mar 16 4 min
Elon Musk Admits xAI Was Not Built Right and Says the Company Is Being Rebuilt From the Ground Up

NEWS

Elon Musk Admits xAI Was Not Built Right and Says the Company Is Being Rebuilt From the Ground Up

Ten of 12 original co-founders have left the AI startup, and Musk is now recruiting replacements weeks after merging xAI with SpaceX…

News GREY Journal Mar 14 3 min
Federal Judge Blocks DOJ Criminal Probe of Fed Chair Jerome Powell and Calls It Political Pressure

NEWS

Federal Judge Blocks DOJ Criminal Probe of Fed Chair Jerome Powell and Calls It Political Pressure

Judge James Boasberg quashed grand jury subpoenas, finding zero evidence of a crime and a mountain of evidence the investigation aimed to…

News GREY Journal Mar 13 3 min
Travis Kalanick Launches Robotics Company Atoms and Absorbs CloudKitchens Into a New Industrial Empire

NEWS

Travis Kalanick Launches Robotics Company Atoms and Absorbs CloudKitchens Into a New Industrial Empire

The Uber co-founder revealed that his ghost kitchen venture was part of an eight-year stealth robotics operation now targeting food, mining, and…

News GREY Journal Mar 13 3 min
Meta Delays Its Next AI Model After Internal Tests Show It Trailing Google and OpenAI

NEWS

Meta Delays Its Next AI Model After Internal Tests Show It Trailing Google and OpenAI

The company pushed the release of its Avocado model to at least May after it underperformed rivals in reasoning, coding, and writing,…

News GREY Journal Mar 13 3 min
Anthropic Is Building an AI Consulting Joint Venture With Blackstone and Hellman and Friedman

NEWS

Anthropic Is Building an AI Consulting Joint Venture With Blackstone and Hellman and Friedman

The 80 billion AI company plans to deploy Claude across thousands of private equity portfolio companies through a Palantir-style consulting model.

News GREY Journal Mar 12 3 min
Amazon Summons Engineers to Emergency Meeting After AI Coding Tools Trigger Multiple Outages

NEWS

Amazon Summons Engineers to Emergency Meeting After AI Coding Tools Trigger Multiple Outages

An internal memo reveals Amazon acknowledged that generative AI tools led to unsafe coding practices after a five-hour shopping outage hit 20,000…

News GREY Journal Mar 10 3 min
Meta’s Deepfake Moderation Isn’t Good Enough, Says Oversight Board

NEWS

Meta’s Deepfake Moderation Isn’t Good Enough, Says Oversight Board

Meta is under renewed scrutiny as its current approach to moderating deepfake content is being called insufficient by its own Oversight Board.…

News GREY Journal Mar 10 2 min
A ‘Silver Tsunami’ Is Coming for Small Businesses — and Millions of Jobs, Say Experts

NEWS

A ‘Silver Tsunami’ Is Coming for Small Businesses — and Millions of Jobs, Say Experts

Millions of U.S. small businesses are on the verge of a significant generational transition as Baby Boomer owners approach retirement. Industry experts…

News GREY Journal Mar 10 3 min
Senate Pushes for ISS Extension Amid Uncertainty Over Private Space Station Readiness

NEWS

Senate Pushes for ISS Extension Amid Uncertainty Over Private Space Station Readiness

NASA has long planned to transition from the International Space Station (ISS) to commercial space stations by 2030. However, concerns are mounting…

News GREY Journal Mar 7 3 min
Understanding the Rise in Grocery Store Closures

NEWS

Understanding the Rise in Grocery Store Closures

Across the United States, grocery stores are closing their doors at an accelerating pace. From local mom-and-pop shops to household names like…

News GREY Journal Mar 7 3 min
How AI Agents Leverage Google Workspace Tools

NEWS

How AI Agents Leverage Google Workspace Tools

Imagine a world where AI agents can seamlessly access your Gmail, Google Docs, and Sheets to handle repetitive business tasks. Recent advancements…

News GREY Journal Mar 7 3 min