Baidu says its ChatGPT-like Ernie bot exceeds 200 million users

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters SHENZHEN — Baidu CEO Robin Li said Tuesday the company’s ChatGPT-like Ernie bot has exceeded 200 million users. He added the company would hold another round of its AI development competition, … Read more

Boeing defends 787 Dreamliner safety after whistleblower claims

An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Monday defended the quality and safety testing on its 787 Dreamliner and 777 aircraft, days after one of … Read more

Tesla shares dip in premarket trade on global layoff reports

Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Tesla shares were down over 1% in premarket trade Monday on media reports that the automaker will lay off more than 10% of its global workforce. The company’s stock was down 1.32% in premarket deals at roughly 8:20 … Read more

Oil prices are set to rise as market braces for Israel response to Iran’s missile and drone barrage

An anti-missile system operates after Iran launched drones and missiles towards Israel, as seen from Ashkelon, Israel April 14, 2024.  Amir Cohen | Reuters (View a special livestream of CNBC’s coverage of the conflict and market impact at 6 p.m. ET Sunday here.) Crude oil futures were set to open higher Sunday after Iran launched … Read more

Bitcoin (btc) and other cryptocurrencies tumble amid Middle East tensions

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images The cryptocurrency market suffered heavy selling overnight Saturday amid an unprecedented Iranian drone and missile attack on Israel. Bitcoin was down some 8% late on Saturday evening … Read more

Iran’s rial plunges to record low against dollar after Israel strikes

Two men are holding Iranian banknotes on a sidewalk in Tehran’s business district, in Tehran, Iran, on April 13, 2024.  Nurphoto | Nurphoto | Getty Images Iran’s currency, the rial, briefly plunged to a record low against the dollar on the unofficial market, after Tehran launched an expansive missile and drone attack on Israel on … Read more

Israel says 300 Iranian drones and missiles downed in overnight attack

Iranians are waving Iranian flags and a Palestinian flag as they celebrate Iran’s IRGC UAV and missile attack against Israel on April 14, 2024. Nurphoto | Nurphoto | Getty Images Iran rained a deluge of drones and missiles on Israel on Saturday night in response to a suspected Israeli strike that killed top Iranian officials … Read more

China’s policy to boost demand by $700 billion will have a ‘bigger and bigger’ impact, official says

An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s latest policy to boost demand will soon have a greater effect on growth, a top official at the economic … Read more

WTI, Brent rise as Israel braces for Iran attack

File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022. Jack Guez | Afp | Getty Images Crude oil futures rose Friday on reports that Israel is preparing for a direct attack by Iran this weekend, in what … Read more

Western boot sales on the rise since ‘Cowboy Carter’

Beyoncé leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on Feb. 13, 2024. James Devaney | GC Images | Getty Images Western boots have a new protector in Beyoncé. The country fashion staple’s sales surged more than 20% in the week after the music superstar released her “Cowboy … Read more