Phoebe Gates and Sophia Kianni have secured $8 million in seed funding for their AI fashion app Phia, amassing 600,000 users since April launch. The 23-year-old Stanford graduates are taking on tech giants with a Gen Z-focused approach to AI shopping assistance, sharing hard-won entrepreneurial less
The approaching Windows 10 end-of-support deadline is driving the most significant PC replacement cycle in recent memory, with Apple emerging as a surprising beneficiary. Industry reports indicate Mac shipments grew nearly 15% year-over-year as businesses and consumers evaluate their computing options ahead of the 2025 cutoff.
The clock is ticking on Windows 10 support, and the impending deadline appears to be creating unexpected winners beyond Microsoft’s ecosystem. According to fresh analysis from Counterpoint Research, Apple’s Mac lineup is capturing significant momentum as organizations and individual users prepare for the October 2025 cutoff.
A Microsoft product management director with over two decades at the company was unexpectedly laid off in May, disrupting his retirement plans. The veteran manager now says he’s done with Big Tech entirely and seeking more meaningful work, even at significantly lower pay.
Joe Friend, a director of product management who spent more than two decades across three separate stints at Microsoft, reportedly found himself among the thousands of tech workers caught in recent industry-wide layoffs. According to sources familiar with the situation, the 62-year-old manager learned in May that his position had been eliminated as part of broader corporate restructuring efforts.
As AI market concerns intensify, UK companies are charting divergent paths. IT services provider Softcat reports robust growth while Bloomsbury Publishing’s AI licensing deal boosts academic revenues, even as Whitbread faces hospitality sector challenges.
Market observers are increasingly focused on the potential for an artificial intelligence market correction, with recent analysis suggesting valuations may have raced ahead of near-term practical applications. According to financial reports, the core concern centers on whether AI will deliver the transformative productivity gains that current spending levels anticipate.
Despite these headwinds, technology exposure remains a priority for many investors who recognize the sector’s long-term importance. The challenge lies in building diversified tech portfolios that can withstand potential volatility.
Blackstone-owned QTS has topped out three buildings at its new Cedar Rapids data center campus. The $10 billion project marks a significant expansion into Iowa’s emerging data center market and features innovative waterless cooling systems.
QTS Realty Trust and its development partners have completed structural work on three buildings at their new data center campus in Cedar Rapids, Iowa, according to recent reports. The topping-out ceremony marks significant progress on the $10 billion development that could eventually comprise seven data center buildings across the 612-acre site.
Verizon has introduced a new Lite home internet plan designed for areas previously lacking fiber and 5G coverage. The plan offers download speeds up to 25Mbps with substantial discounts available for existing mobile customers. This expansion comes as Verizon reportedly prepares to acquire additional internet providers to broaden its coverage.
Verizon has launched a new Lite home internet plan specifically targeting consumers in regions previously underserved by its fiber and 5G internet services, according to company reports. The plan represents the telecommunications giant’s latest effort to expand its home internet footprint beyond traditional service areas.
Alphabet’s stock has surged 57% since late April, reaching over $250, but analysts now warn of potential downside. According to recent analysis, the stock’s “Very High” valuation could trigger a pullback to approximately $230 as investors reconsider exposure levels.
Google parent Alphabet (NASDAQ: GOOG) has demonstrated remarkable performance in recent months, with sources indicating the stock has soared approximately 57% from around $160 in late April to surpass $250 in current trading. This substantial growth, according to reports, appears fundamentally supported by the company’s strong operational performance and financial health across its diverse business segments.
California has enacted two significant bills expanding pay transparency and reporting requirements for employers. The legislation introduces stricter pay scale definitions, extended filing deadlines, and mandatory penalties for non-compliance. Employers face new obligations beginning in 2026 with enhanced data collection and reporting standards.
California has reinforced its position as a national leader in pay equity with the passage of two new laws that significantly expand employer obligations regarding pay transparency and data reporting. According to reports, Governor Gavin Newsom recently signed Senate Bill 642 and Senate Bill 464 into law, building upon the state’s existing framework for addressing wage disparities across gender, race, and ethnicity.
Anthropic has significantly expanded its partnership with Google Cloud in a landmark agreement that will provide the AI company with up to one million TPUs. The multi-year deal represents one of the largest cloud computing commitments in AI industry history, with capacity expected to come online in 2026.
Google and Anthropic have confirmed what industry analysts are calling one of the largest cloud computing agreements in artificial intelligence history. According to the official announcement, the expanded partnership will see Anthropic utilizing up to one million Google Tensor Processing Units (TPUs) and bringing “well over” a gigawatt of computing capacity online by 2026.
Junior Wall Street professionals could gain management experience years earlier by overseeing teams of AI bots rather than human colleagues. Banking executives predict this shift will transform traditional career trajectories while creating new learning opportunities for early-career employees in high finance.
Wall Street’s most junior employees may soon find themselves managing teams much earlier in their careers, though their initial direct reports will be digital rather than human, according to reports from banking executives speaking at the Evident AI Symposium in New York.
