Featured Podcasts Lenny’s podcast: How to build a business that endures through all times | Eric Ries, author of Lean Startup Interviews with world-class product leaders and growth experts to discover practical advice to help you create, launch and grow your own product. Subscribe to Lenny’s podcast. Big Tech Podcast: The unlikely marriage of Anthropic and SpaceX, the revelations of the OpenAI trial, the AI layoffs or the solution? The Big Technology Podcast takes you behind the scenes of the tech world with interviews with hip insiders and outside agitators. Subscribe to the Big Technology podcast. Training data: Mati Staniszewski…
Author: Stacey D. Walls
Georgia Wells / The Wall Street Journal: AppMagic: Grok downloads fell to about 8.3 million in April, from a peak of more than 20 million in January; Recon Analytics Reports U.S. Grok Paid Adoption Remains Nearly Flat YoY in Q2— Adoption by business and consumer users has slowed as parent company SpaceX leases unused computing capacity to compete with Anthropic.
Featured Podcasts Lenny’s podcast: How to build a business that endures through all times | Eric Ries, author of Lean Startup Interviews with world-class product leaders and growth experts to discover practical advice to help you create, launch and grow your own product. Subscribe to Lenny’s podcast. Big Tech Podcast: The unlikely marriage of Anthropic and SpaceX, the revelations of the OpenAI trial, the AI layoffs or the solution? The Big Technology Podcast takes you behind the scenes of the tech world with interviews with hip insiders and outside agitators. Subscribe to the Big Technology podcast. Training data: Mati Staniszewski…
The United States Supreme Court in Washington, DC, USA, on Monday, April 20, 2026. Graeme Sloan | Bloomberg | Getty ImagesThe U.S. Supreme Court on Monday allowed Alabama Republicans to adopt a congressional map more favorable to their party ahead of the November midterm elections, the latest fallout from the Court’s seismic voting rights ruling.The justices overturned a lower court’s ruling that blocked the state’s Republican-favored map, calling it racist and an illegal dilution of the voting power of Black Alabamians.The politically conservative Southern state is expected to seek to return to that previous map, which would reduce the number…
Featured Podcasts Lenny’s podcast: How to build a business that endures through all times | Eric Ries, author of Lean Startup Interviews with world-class product leaders and growth experts to discover practical advice to help you create, launch and grow your own product. Subscribe to Lenny’s podcast. Big Tech Podcast: The unlikely marriage of Anthropic and SpaceX, the revelations of the OpenAI trial, the AI layoffs or the solution? The Big Technology Podcast takes you behind the scenes of the tech world with interviews with hip insiders and outside agitators. Subscribe to the Big Technology podcast. Training data: Mati Staniszewski…
Used home sales in April remained essentially flat compared to March, increasing just 0.2% to 4.02 million units on an annualized and seasonally adjusted basis, according to the National Association of Realtors. Housing analysts had expected a gain of more than 3%. April sales remained unchanged year over year. This count is based on closings, so contracts are likely signed in late February and March. The average rate for 30-year fixed-rate mortgages ended March in the high 5% range, according to Mortgage News Daily, then rose sharply due to the start of the war between the United States, Israel and…
General Motors global headquarters in Detroit, January 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT – General engines Laying off hundreds of employees across its IT operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has learned.The global reductions began Monday and will affect about 500 to 600 employees, primarily in Austin, Texas, and Warren, Michigan, according to a person familiar with the plan who was not authorized to speak publicly about the layoffs. GM confirmed the cuts, first reported by Bloomberg News, but declined to provide specific details on the measures.”GM is transforming its IT organization…
Featured Podcasts Lenny’s podcast: How to build a business that endures through all times | Eric Ries, author of Lean Startup Interviews with world-class product leaders and growth experts to discover practical advice to help you create, launch and grow your own product. Subscribe to Lenny’s podcast. Big Tech Podcast: The unlikely marriage of Anthropic and SpaceX, the revelations of the OpenAI trial, the AI layoffs or the solution? The Big Technology Podcast takes you behind the scenes of the tech world with interviews with hip insiders and outside agitators. Subscribe to the Big Technology podcast. Training data: Mati Staniszewski…
The JPMorgan Chase & Co. building before the ribbon-cutting ceremony, at the company’s new headquarters at 270 Park Avenue, in New York, United States, October 21, 2025. Eduardo Munoz | ReutersA JPMorgan ChaseA group of banks led by this group reduced its exposure to a private credit fund co-managed by KKR days before the asset manager announced it would spend $300 million to prop up the struggling vehicle.The fund, FS KKR Capital Corp., said in a statement Monday that KKR would inject $150 million into the fund in the form of equity and spend another $150 million to buy shares…
Central Park Tower, center, along Billionaire’s Row in New York, United States, on Friday, May 1, 2026. Michael Nagle | Bloomberg | Getty ImagesSales of high-end real estate in Manhattan increased last month, new data shows, despite New York Mayor Zohran Mamdani’s proposed pied-à-terre tax, which brokers fear could cause a wealth flight.According to Olshan Realty, 133 contracts were signed for apartments worth $4 million or more between April 14 and May 10. That compares to 130 during the same period last year. Total dollar volume increased 10%, to $1.12 billion, Olshan said.Sales at the very high end remain particularly…