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Business

Latest Business news from around the world

Amazon overhauls its AI strategy, winding down most flagship models
Business

Amazon overhauls its AI strategy, winding down most flagship models

Amazon reshapes its AI strategy by deprecating most Nova AI models and shifting resources to Pieter Abbeel's Frontier Model Research initiative.

Eugene Kim · 28 Jul, 2026
Tiffany & Co. is proving to be LVMH's crown jewel
Business

Tiffany & Co. is proving to be LVMH's crown jewel

LVMH reported a 9% growth in its watches and jewelry division, led by Tiffany & Co. and Bulgari.

Aditi Bharade · 28 Jul, 2026
Russia replaced its once-grand Navy Day parade with a shipless event and a giant poster of a submarine
Business

Russia replaced its once-grand Navy Day parade with a shipless event and a giant poster of a submarine

As the threat of Ukrainian drone strikes looms, Russia scaled down its Navy Day event to receive Putin with several dozen sailors instead.

Matthew Loh · 28 Jul, 2026
Sam Altman says the Hugging Face hack is a reminder that an AI power monopoly could lead to 'long-term disaster'
Business

Sam Altman says the Hugging Face hack is a reminder that an AI power monopoly could lead to 'long-term disaster'

The OpenAI CEO said the hack was a "real reminder" of the stakes and consequences of security breaches and "loss of control incidents."

Aditi Bharade,Cheryl Teh · 28 Jul, 2026
Why this AI travel company is bringing Sonder back from the dead
Business

Why this AI travel company is bringing Sonder back from the dead

Sonder's brand name and website were acquired by a travel company that's relaunching it as an AI-powered, curated guide to urban stays.

Kelsey Vlamis · 28 Jul, 2026
Dario Amodei rejects speculations that Anthropic wants to ban all open-weight AI models
Business

Dario Amodei rejects speculations that Anthropic wants to ban all open-weight AI models

Amodei said he never advocated for banning open-weight AI models and doesn't believe a ban to be effective in making AI safer.

Katherine Li · 28 Jul, 2026
Taco Bell is making the Mexican Pizza $1 for a day. I tried the fan-favorite item, and it's worth the hype.
Business

Taco Bell is making the Mexican Pizza $1 for a day. I tried the fan-favorite item, and it's worth the hype.

Taco Bell is selling Mexican Pizzas for $1 on Tuesday, July 28. The menu item, beloved by fans including Dolly Parton, typically costs more than $6.

Anneta Konstantinides · 27 Jul, 2026
Creator of Anthropic's Claude Code wants you to stop micromanaging your AI
Business

Creator of Anthropic's Claude Code wants you to stop micromanaging your AI

Boris Cherny, creator of Anthropic's Claude Code, said users don't need to get too specific with their instructions for modern models.

Lloyd Lee · 27 Jul, 2026
Myriad Genetics rebuilt its AI platform after costs ballooned. Now, it can process documents in seconds.
Business

Myriad Genetics rebuilt its AI platform after costs ballooned. Now, it can process documents in seconds.

Myriad Genetics partners with AWS to enhance Image Genius, speeding up document processing, and improving insurance workflows for diagnostics.

John Kell · 27 Jul, 2026
I tried Ina Garten's tomato sandwich recipe — and found it to be the perfect easy summer lunch
Business

I tried Ina Garten's tomato sandwich recipe — and found it to be the perfect easy summer lunch

Ina Garten's tomato sandwich recipe is easy, flavorful, and perfect for the summer. It includes an herby basil mayo that I'll definitely make again.

Anita George · 27 Jul, 2026
Before-and-after satellite images show the staggering toll of France's worst wildfire season on record
Business

Before-and-after satellite images show the staggering toll of France's worst wildfire season on record

Weeks of record-breaking heat and fast-moving wildfires have scorched large swaths of France. Satellite images show the extent of the destruction.

Talia Lakritz · 27 Jul, 2026
I made Gordon Ramsay's 10-minute pasta. It's the perfect easy dinner for summer.
Business

I made Gordon Ramsay's 10-minute pasta. It's the perfect easy dinner for summer.

Gordon Ramsay loves this 10-minute pasta recipe, which is perfect for an easy summer dinner. It features shrimp, angel hair, and cherry tomatoes.

Anneta Konstantinides · 27 Jul, 2026