By Jordan Valinsky, CNN New York (CNN) — Apple has hiked prices on some of its most popular products, including the MacBook and iPad, because of the rising costs of memory and storage chips sparked by the AI boom. Beginning immediately, the price increases affect the Neo, its entry level MacBook that’s now priced at
Continue ReadingBy Hadas Gold, CNN (CNN) — The White House has requested OpenAI limit the release of its upcoming GPT 5.6 model to a small number of government-approved partners because of its advanced capabilities, a source familiar with the situation told CNN. The request comes after the administration placed an export control order on Anthropic, leading
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By Chris Isidore, CNN (CNN) — Electric vehicle maker Polestar is being forced out of the American market due to its ties to China, following a decision by the US Commerce Department, the company announced Thursday. The company said the Commerce Department’s Bureau of Industry and Security denied the company an authorization to sell vehicles,
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By Elisabeth Buchwald, CNN (CNN) — High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to 4.1% in May from 3.8% in April. On a monthly basis
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By Anna Cooban, CNN London (CNN) — On Tuesday, investors were dumping AI stocks, worried that frothy valuations may be running away from reality. By Thursday, they were believers again. Micron Technology (MU), a US chipmaker, posted blockbuster quarterly results Wednesday afternoon, sending its stock up by more than 16% in pre-market trade Thursday. The
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By Clare Duffy, CNN New York (CNN) — The family of a Missouri teenager is suing Snapchat parent company Snap, claiming the social media platform facilitated her rape as a 12-year-old. Snapchat features such as Quick Add and Snap Map enabled assailant Gabriel Joel Valentin-Rios to connect with and groom the girl, referred to as
Continue ReadingBy Lisa Eadicicco, CNN New York (CNN) — OpenAI on Wednesday announced its first custom AI chip in a step towards expanding beyond consumer products to become a player in AI infrastructure. The processor, called Jalapeño, was developed with Broadcom to more efficiently handle the computing needs for ChatGPT and OpenAI’s coding agent, Codex, the
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By Chris Isidore, CNN (CNN) — President Donald Trump says “Big Oil” companies are keeping gas prices artificially high, echoing a complaint former President Joe Biden made during the last gas price spike. But, unlike Biden, Trump says he wants the Justice Department to investigate. In a Truth Social post early Wednesday, Trump argued that
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By John Liu, CNN Hong Kong (CNN) — China has clinched the top spot on a list of the world’s most powerful supercomputers, overtaking the United States for the first time since 2017 with a model powered by homegrown chips amid an intense race for tech supremacy between the two superpowers. The LineShine machine, housed
Continue ReadingBy David Goldman, CNN (CNN) — The moment of truth is just about here. The Strait of Hormuz has reopened, for now, and Middle Eastern countries that shut off their oil wells during the war (the term is actually “shut in”) are about to turn those valves back the other way and find out what
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By Samantha Delouya, CNN (CNN) — This week, Congress celebrated a rare bipartisan victory after overwhelmingly passing the largest housing affordability bill in a generation. On Wednesday, President Donald Trump was set to sign it into law. But there was a change of plans. Less than two hours before the planned signing, Trump posted on
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MANITOU SPRINGS, Colo. (KRDO) — Precious few parking spaces are available here, especially during the busy summer tourist season. But some street parking and sidewalk access near Memorial Park were closed last week and will be again this week for a project around the historic Hiawatha Gardens building. Crews are currently improving sidewalks and repaving
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By Brian Stelter, Hannah Rabinowitz, CNN (CNN) — The Washington Post and the Wall Street Journal waged a secret legal fight to stop the US government from subpoenaing several reporters in connection with national security leak probes. The Justice Department subsequently withdrew the subpoenas, at least for the time being, though the episode remains a
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By Lisa Eadicicco, CNN (CNN) — Meta on Tuesday announced a new line of AI glasses designed in-house, signaling a deeper push into the wearable technology that’s become a new front in the artificial intelligence race. And the biggest change consumers will notice? A cheaper price tag. The new Meta Glasses will start at $299,
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By David Goldman, John Towfighi, CNN (CNN) — Volatility has returned to the stock market, and AI is once again the culprit. The tech-heavy Nasdaq dropped 2.21% and the S&P 500 fell 1.44% Tuesday as investors sold semiconductor chip stocks and other AI-related shares. The Dow, which has less exposure to tech, was down about
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By Brian Stelter, CNN (CNN) — AI chatbots are fast becoming a way people find news. But the systems are only as reliable as their sources, and are prone to misinformation and manipulation. Meanwhile, the rise of AI threatens the business model for news publishers, many of whom say AI model makers are using their
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By Brian Stelter, CNN (CNN) — ABC is asking viewers to help defend its local stations and “The View” as Disney’s fight with the Trump administration moves into a new public phase. On Monday, Disney’s local ABC stations began to air messages alerting viewers to the government’s virtually unprecedented challenges to their station licenses. The
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CNN By Chris Isidore, CNN (CNN) — Former Federal Reserve Chairman Alan Greenspan, once hailed as a maestro for directing a booming economy but who later received some of the blame for the housing bust and financial meltdown that occurred after he left office, has died, according to his wife, Andrea Mitchell. He was 100.
Continue Reading By Chris Isidore, CNN (CNN) — Former Federal Reserve Chairman Alan Greenspan, once hailed as a maestro for directing a booming economy but who later received some of the blame for the housing bust and financial meltdown that occurred after he left office, has died, according to his wife, Andrea Mitchell. He was 100. Greenspan
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By Hanna Ziady, CNN Ten years ago, Britain chose to abandon its lucrative membership of the world’s largest single market. It has been paying a price ever since. On June 23, 2016, the Brexit referendum marked the start of the United Kingdom’s drawn-out divorce from the European Union. In a knife-edge vote, 51.9% of Britons
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