Author: Editor-In-Chief

Snap has terminated its contract with Perplexity, the company announced Wednesday as part of its quarterly earnings report. The partnership, announced last November, would see Perplexity’s AI search engine integrated directly into Snapchat. As part of the deal, Perplexity would pay Snap $400 million in cash and stock over one year. Snap said the two companies “amicably ended their relationship in the first quarter” and that its sales guidance “assumes no contribution from perplexity.” When Snap announced the partnership as part of its third-quarter earnings call last year, it said it expected revenue from the partnership to begin contributing to…

Kraft Heinz CEO Steve Cahillane said the company believes its greatest growth opportunity lies in modernizing its legacy brands and making them better suited to changing consumer tastes.”What I found when I went into Kraft Heinz was…an outstanding brand that was under-invested in,” Kailane said Wednesday on CNBC’s “Mad Money.” “With investment, focus, attention, good customer plans, good consumer plans, companies can grow again.”The packaged food giant, known for brands such as Heinz, Kraft, Philadelphia Cream Cheese, Lunchables and Oscar Mayer, reported better-than-expected first-quarter earnings and earnings on Wednesday. Shares rose more than 2% as investors found some reason to…

Snap co-founder and CEO Evan Spiegel at the Axios Media Trends Live event in New York on September 18, 2025.Michael Nagle | Bloomberg | Getty Imagessnap Shares fell about 4% in after-hours trading after the company reported first-quarter results on Wednesday and offered cautious sales guidance while disclosing that the deal with generative AI startup Perplexity is no longer in place.Here’s how the company performed compared to Wall Street expectations:Earnings per share: loss of 5 cents. This number is not comparable to analyst expectations. Revenue: $1.53 billion vs. $1.53 billion expected, according to LSEG Global daily active users: 483 million…

WASHINGTON, DC – A group of Democrats in the US Congress has called on the State Department to break the US government’s longstanding silence on Israel’s nuclear capabilities.In a letter to Secretary of State Marco Rubio, Democrats cited the U.S. and Israel’s war against Iran as a reason why further clarification is urgently needed.Recommended stories list of 3 itemsend of listIsrael is believed to have had nuclear weapons since the 1960s, but “maintains a policy of nuclear opacity and has never officially confirmed the existence of a nuclear weapons program or arsenal,” according to the Washington, D.C.-based Nuclear Threat Initiative.The…

Many moments stand out from Manchester City’s brilliant season, their best in a decade. Big goals, important results, great performance. But that’s not enough to win in such a competitive Women’s Super League. In any case, not in 2025/26.Manchester City’s start to the season, with a 2-1 loss to Chelsea, shows how far they have had to climb under Andriy Szegrats. The Swede had never coached in the WSL before. In fact, he had never managed a club outside of his native Sweden. His appointment in summer 2025 therefore involved a calculated risk. Jeglertz was known in his home country…

Billionaire media mogul Barry Diller doesn’t think OpenAI CEO Sam Altman can be trusted, despite recent reports to the contrary. Diller took to the stage this week at the Wall Street Journal’s Future of Everything conference to defend AI executives who have been accused by some former colleagues and board members of being manipulative and deceptive. Diller, who is friendly with Altman, was responding to a question about whether people should trust Altman to ensure that artificial intelligence benefits humanity. Specifically, I was asked about a theoretical form of AI known as artificial general intelligence (AGI). This AI could one…

Stock chart iconStock chart iconGoldman Sachs’ stock price performance year-to-date. goldman sachs: “They’re going to be big winners. They’re going to be big winners in IPOs and M&A. And that’s why they have a big place for me in my charitable trust.”Stock chart iconStock chart iconTaiwan Semiconductor Manufacturing Co.’s stock price performance from the beginning of the year to the present. taiwan semiconductor manufacturing: “They have more business than they can handle… Even tonight, ARM Holdings said they’re going to handle all of this business. But the problem is they can’t get all the chips they need from Taiwan Semi.”Stock…

Dario Amodei, co-founder and CEO of Anthropic, attends the AI ​​Impact Summit in New Delhi, India on Thursday, February 19, 2026. Prakash Singh | Bloomberg | Getty ImagesAnthropic CEO Dario Amodei said the company is planning for 10x growth. But revenue and usage in the first quarter increased 80x on an annualized basis, which explains why it’s so difficult to keep up with demand, he says.”That’s why we’re having trouble with computing,” Amodei said Wednesday at the company’s developer conference in San Francisco. Amodei added that the company is working to provide “more” capacity as soon as possible and will…

Manchester City were crowned Women’s Super League champions after title rivals Arsenal were held to a disappointing 1-1 draw by Brighton.Arsenal were the only team still able to catch up with City and needed to win the game to send the title race to the final day of the season, but despite Frieda Mahnum’s equalizer canceling out Fuka Tsunoda’s opener, they were unable to force a second-half comeback. The Gunners’ setback comes just days after they were eliminated by Lyon in the Women’s Champions League semi-finals, meaning they will end the season without a trophy. Rene Sleggers’ side remain in…

Loss of supplies from the Middle East could spread to Asia and Europe, with jet fuel shortages threatening to disrupt summer travel. Until the United States and Israel attacked Iran on February 28, exports from the Persian Gulf were the largest single source of jet fuel to global markets, according to the International Energy Agency. Iran’s blockade of the Strait of Hormuz has cut off jet fuel exports from around the world. Europe will be directly affected as it was the largest importer of Middle Eastern fuel supplies. According to the IEA, about 20% of the continent’s jet fuel comes…