American global business magazine, headquartered in New York, known for long-form features and Fortune 500 lists.
This week former Anthropic researcher Jacob Coxon has publicly resigned and warned that Anthropic and OpenAI are racing to build self‑improving AI that could become uncontrollable. Senior OpenAI scientists including Jakub Pachocki have called for mandated safety thresholds and audits, while lawmakers in the US and UK have introduced bills to pause or restrict frontier AI development.
OpenAI has filed confidentially for an IPO but CEO Sam Altman has stated that going public this year would be ill-advised amid ongoing safety concerns and market volatility. He expects a 2026 launch to be unlikely, with a broader strategy to address regulatory and technological challenges ahead.
The 9/11 narrative around President Trump is under renewed scrutiny as witnesses and outlets challenge his account of being at Ground Zero and the World Trade Center site after the attacks. Several outlets question his version, while Trump defends it at events and on Truth Social. The issue follows public remarks at a recent ceremony and a broader discussion of his involvement in recovery efforts.
Several firms have announced expansion plans and new measures that will accelerate commercial robotaxi rollouts. Mobileye has announced a 2027 U.S. launch with an initial 100-vehicle fleet and a five-year target of 17,000; Wayve and Uber are preparing a supervised London service in the coming months; Tesla and Waymo are expanding U.S. coverage; and new indices show Chinese robotaxi players are scaling faster than many expected.
Kalshi has launched U.S. trading of perpetual futures, marking a milestone for the platform after regulatory approval. In the first 24 hours, volume surpassed $100 million, eventually crossing $1 billion within a week as traders flock to perps that track asset prices with no expiration date.
Giving USA 2026 reports 2025 philanthropy at a record $617 billion, up 3% in inflation-adjusted terms. Bequests and megagifts from a handful of ultra-wealthy donors drive the rise, with MacKenzie Scott contributing about a third of megagift dollars and Warren Buffett, Bill Gates and Michael Bloomberg among top benefactors. The stock market boom underpins broader giving across individuals, foundations, and corporations.
Microsoft has announced 4,800 job cuts companywide, including 3,200 roles in Xbox during fiscal 2027 and 1,600 Xbox positions eliminated immediately. Xbox will spin out or divest five studios and reduce management layers as it restructures to strengthen margins while shifting resources toward AI and core franchises. The move has reduced Xbox headcount by about 20%.
Companies like Kalshi are expanding prediction markets to biotech trials, linking drug trial outcomes to tradable contracts. Bloomberg and The Guardian report Kalshi’s pilot, its safeguards, and regulatory concerns, as markets push for open data on trial probabilities amid regulatory decisions.
The Claude AI share chats feature has allowed conversations to be indexed by search engines, exposing private or sensitive information. Anthropic has blocked indexing as of the latest updates, while publishers note users control sharing. The issue has highlighted risks around publicly shared chat links and search visibility.
Cyera will integrate Oasis’s technology for managing non-human identities into its data security platform, strengthening protection as AI agents proliferate across enterprise systems. The deal follows Oasis’s $195 million funding and Cyera’s aggressive acquisition spree. The collaboration aims to unify data protection with identity governance in the AI era.
Amazon has disclosed a $600 million tariff refund in Q2 after a Supreme Court ruling found Trump-era tariffs illegal. The refunds, largely benefiting customers, will be issued automatically where specific charges can be traced. Most refunds will go to affected buyers, with third-party sellers absorbing the bulk of the levies.
Serve Robotics has expanded its autonomous sidewalk delivery rollout in Washington and San Jose, while continuing partnerships in Chicago, Los Angeles and Miami. Uber has divested its stake, signaling a strategic pivot as Serve scales the fleet and explores coordination with new partners.
Target has pulled a children’s Halloween costume and has apologised after critics said the product and its promotional image evoked Jim Crow–era minstrel caricatures. The retailer has deleted the listing, opened an internal review and said the item "should never have been part of our assortment," while activists and some analysts have renewed boycott calls and warned of reputational fallout.
Tributes have poured in following Dolly Parton’s death at 80, with fans and peers sharing memories and AI-generated tributes raising ethical questions. Parton’s family highlights the need for compassion and respect amid a flood of content, while friends and industry figures reflect on her business legacy and philanthropy.
Apple has updated Apple Maps to display “Lake America” to U.S. users after President Trump ordered the U.S. geographic names database to rename Lake Ontario. Google had already rolled out the change for U.S. viewers; Canada and many services continue to display Lake Ontario. MapQuest has refused to change and has seen a surge in downloads.
The United States has secured major control over Venezuela’s oil reserves through a NABEP deal, placing a Pentagon-backed stake and rights to buy output at cost. Officials say the move secures energy dominance and replenishes reserves, heightening geopolitical stakes.