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31 May

5 Interesting Startup Deals You May Have Missed In May: AI Help With Parenting And Fighting Obesity

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This is a monthly column that runs down five interesting deals every month that may have flown under the radar. Check out our April entry here. School is nearly out and summer’s almost here. A lot is going on in most people’s lives, so let’s take a look at a few intriguing startups that raised cash this month that may have escaped your notice. This month the rounds included everything from added support for cancer survivors to leveraging your car for credit. Let’s take a look. AI parenting Depending on who you talk to, AI can solve everything. But can…

31 May

An unofficial Lego event filled with ’empty space and piles of loose Lego’ has been compared to the infamous Willy Wonka experience

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British Lego fans were left feeling less than impressed last weekend after a convention dubbed the "UK's biggest Lego festival" turned out to be a "bleak" half-empty room.Brick Fest Live UK was held from May 25 to 27 in the British city of Birmingham. It promised to bring fans a "jaw-dropping collection of brick creations from across the globe under one roof."It was not sponsored by or affiliated with Lego.The poster promised a Lego brick pit, life-sized models, floor mosaics, derby races, and a "glow zone." Instead, footage from the event appeared to show a large convention hall with a…

31 May

Nissan CEO Had 30% Pay Cut Since April on Supplier Payment Issue

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Nissan Motor Co.’s Chief Executive Officer Makoto Uchida said he’s returned 30% of his salary since April after antitrust regulators reprimanded the Japanese automaker for cutting payments to suppliers. Source link lol

31 May

Trump’s donor website crashed after he started asking fans for money following his guilty verdict in New York

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"So many Americans were moved to donate to President Trump's campaign that the WinRed pages went down," the post read. "We are working on getting the website back online as quickly as possible. Stay strong."About 30 minutes later, the account posted an update saying the website was back online.The New York Times and CNBC also reported on the outage.Preliminary trend data from Google shows that searches for "Donald Trump donation" jumped to a four-year high this week.Trump, who has decried the jury's decision, sent his supporters multiple messages linking to his donation pages in the hours after the verdict. His…

31 May

Tesla Shareholders Advised by Proxy Adviser to Reject Musk’s Pay Package

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Tesla Inc. shareholders are being urged by proxy adviser Institutional Shareholder Services to reject Chief Executive Officer Elon Musk’s $56 billion compensation plan, setting up another hurdle for the electric carmaker’s board. Source link lol

31 May

Google Admits Its AI Overviews Search Feature Screwed Up

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When bizarre and misleading answers to search queries generated by Google’s new AI Overview feature went viral on social media last week, the company issued statements that generally downplayed the notion the technology had problems. Late Thursday, the company’s head of search Liz Reid admitted the flubs had highlighted areas that needed improvement, writing that “we wanted to explain what happened and the steps we’ve taken.”Reid’s post directly referenced two of the most viral, and wildly incorrect, AI Overview results. One saw Google's algorithms endorse eating rocks because doing so “can be good for you,” and the other suggested using…

31 May

Trump not testifying in his hush-money trial was a mistake, legal experts say

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Former President Donald Trump's historic conviction on Thursday may have been in part due to mistakes made by his defense team, including not having him take the stand, legal experts told Business Insider.A New York jury convicted Trump on 34 counts of falsifying business records related to a hush-money payment made to porn star Stormy Daniels. The verdict made history: Trump is the only US president to also be a convicted felon.Though the conclusion of the case was significant, three legal experts told BI the verdict wasn't a major shock. Two said Trump's team made a number of mistakes during…

31 May

Lenovo’s Saudi Alliance Boosts Appeal of Cheap AI-Related Stock

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Lenovo Group Ltd. shares may continue to outperform peers as bargain valuations and growth potential in burgeoning markets lure investors to the Chinese computer maker. Source link lol

30 May

Costco says it’s not ready to raise its membership fee — for now

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Costco is once again kicking the can on raising its membership fee."I would really kind of revert back to some of the comments that Richard shared previously," CFO Gary Millerchip told investors Thursday, referring to his predecessor, Richard Galanti, who said last year that a Costco membership fee increase would "happen at some point.""There's nothing about anything that we see within how the business is performing that's changing our view on that," Millerchip said. The wholesale club last raised fees in 2017, and analysts have noted that an increase is long overdue, based on the typical five- to six-year interval…

30 May

Dell’s $3.8 Billion AI Server Backlog Fails to Impress Investors

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Dell Technologies Inc. reported its first revenue increase since 2022, but it wasn’t enough to impress investors with high expectations for the company’s AI-optimized server business. The shares declined more than 10% in extended trading. Source link lol