Izzy Schwab, the founder and chairman emeritus of D&H Distributing, has died at 90. Industry partners credit the ‘people-customer-first’ culture he built as the key to the company’s resilience and massive growth.
Peloton has laid off 11% of its global workforce in a bid to reduce costs. The cuts, confirmed by the company, are part of CEO Peter Stern’s ongoing efforts to steer the company back to growth.
Tenable has launched Tenable One AI Exposure, a new add-on to detect and govern AI tool usage across enterprises. It aims to tackle shadow AI and data leakage risks, starting with deep support for Microsoft Copilot and OpenAI’s ChatGPT. The move places them alongside competitors like CrowdStrike and
Microsoft is promising a major shift in how it develops Windows 11, following sustained criticism. The new focus is supposedly on core performance and reliability, not flashy features. The question is whether this is a real change or just good PR.
A New York City AI chatbot designed to help business owners has been terminated. The bot, launched in October 2023, repeatedly gave illegal advice, telling landlords to discriminate and businesses to go cashless. The new administration cited its $500,000 cost and inaccuracy as reasons for the shutdo
In a significant de-escalation, China has sharply reduced its proposed tariffs on EU dairy products. The move comes as it concludes an anti-subsidy probe seen as direct retaliation for European tariffs on Chinese electric vehicles.
Solv Energy Inc. has filed for an IPO to raise over half a billion dollars. The firm, specializing in solar and battery storage, is riding a wave of demand from tech companies needing power for AI. Its backlog is a massive $6.7 billion.
Google’s new Project Genie AI can generate short, playable worlds inspired by games like Super Mario 64. But its ability to mimic copyrighted characters has already led to swift restrictions, highlighting the legal minefield for AI-generated content.
European banks are sending mixed signals. Deutsche Bank met its 2025 goals and got a 1 billion euro buyback okay, but some analysts call its 2026 outlook “disappointing.” Meanwhile, 3i Group’s fate is tied to discount chain Action, which faces a tougher European market.
A new report suggests the upcoming Samsung Galaxy S26 could be a true featherweight. At a claimed 137 grams, it would be significantly lighter than its main competitors, continuing a trend of Samsung prioritizing a light-in-hand feel.
