Author: usaeverydaylife

Facebook CEO Mark Zuckerberg departs E. Barrett Prettyman United States Court House on April 14, 2025 in Washington, DC. Andrew Harnik | Getty ImagesMeta is suing a company that ran ads on its services to promote an app that lets people create nonconsensual, sexualized images of others using AI technology, the social media company said Thursday. The lawsuit is against Joy Timeline HK Ltd., which develops the app called CrushAI and its variants. The Hong Kong-based company ran ads on Facebook and Instagram to promote CrushAI, an app that uses artificial intelligence to take a photo of someone and create nude…

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This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, 2025.Evelyn Hockstein | Amer Hilabi | AFP | Getty ImagesDUBAI, United Arab Emirates — Oil prices spiked overnight on geopolitical concerns, as U.S. President Donald Trump struck a sharply more negative tone over the progress of nuclear talks with Iran and announced the withdrawal of…

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Jake Loosararian, co-founder and CEO of Gecko Robotics.Source: Gecko RoboticsGecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company’s valuation to $1.25 billion.The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company’s previous round of funding, a $173 million Series C in December 2023, valued it at $633 million.To date, the company has raised $347 million from investors including USIT, XN, Founders Fund and Y Combinator. Its latest round was led by new…

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People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images)The India Today Group | The India Today Group | Getty ImagesIndia’s consumer inflation eased to a cooler-than-expected 2.82% in May, the country’s Ministry of Statistics and Programme Implementation reported Thursday.The year-on-year headline inflation came in below a Reuters’ median poll estimate of a 3% increase and hits its lowest level since February 2019, according to the government release. The print had risen by 3.16% in April.Food inflation, a key metric, hit 0.99% in May,…

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It’s looking likely that Conagra Brands will take a hit from rising inflation, according to Bank of America. The bank downgraded the food and consumer packaged goods company to an underperform rating from neutral. Simultaneously, analyst Peter Galbo cut his price objective to $20 from $27. Shares of Conagra Brands have stumbled 19% this year. Galbo’s updated forecast corresponds to a roughly 11% downside from the stock’s Wednesday closing price. CAG YTD mountain CAG YTD chart Conagra, which owns brands such as Marie Callender’s, Hunt’s, Slim Jim, Reddi-wip and Orvelle Redenbacher’s, is likely to see an upcoming earnings hit from…

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Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Sarah Meyssonnier | ReutersAutonomous vehicles and robotics are going to take off in a big way in the years ahead, according to Nvidia CEO Jensen Huang.”This is going to be the decade of AV [autonomous vehicles], robotics, autonomous machines,” Huang told CNBC’s Arjun Kharpal Thursday at the Viva Tech conference in Paris.Nvidia plays a significant role in the rollout of driverless vehicles as the U.S. chipmaking giant sells both…

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Container ships at Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. Bloomberg | Bloomberg | Getty ImagesU.K. goods exported to the U.S. dropped by £2 billion ($2.71 billion) in April, figures published by the Office for National Statistics on Thursday showed, marking the biggest monthly decrease since records began in 1997.The value of Britain’s exports stateside was the lowest since February 2022 at £4.1 billion, with the ONS saying the shift was “likely linked to the implementation of tariffs on goods imported to the United States.” Cars, chemicals and metals exports all saw declines, the ONS said.U.S. imports…

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Bank of America is betting on DoorDash to add to its massive gains this year. The bank reiterated its buy rating on the food delivery app and raised its price target to $245 per share from $230. Analyst Michael McGovern’s renewed forecast implies that shares of DoorDash could rally 12% from their Wednesday closing price. DoorDash stock has already surged 30% in 2025. DASH YTD mountain DASH YTD chart As a key catalyst, McGovern zeroed in on advertisements as a major source of margin growth. “Today, DASH announced its ‘most significant update to its advertising platform to date,’ with AI-powered…

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U.S. President Donald Trump \with British Prime Minister Keir Starmer in the Oval Office at the White House in Washington, D.C., U.S., on Feb. 27, 2025.Kevin Lamarque | ReutersThe U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday.The latest monthly growth figures from the Office for National Statistics showed the U.K. economy contracted 0.3% month on month in April, following growth of 0.2% in March. It was also more than the 0.1% fall economists were expecting.The decline in April came as U.S. President Donald Trump announced global trade tariffs on…

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An Air India Boeing 787-8 Dreamliner.Sopa Images | Lightrocket | Getty ImagesAn Air India plane has crashed at Ahmedabad, according to the Reuters and ANI news agencies.”With profound sorrow I confirm that Air India flight, AI 171 operating Ahmedabad London Gatwick was involved in a tragic accident today,” Air India Chairman N Chandrasekaran said.The flight was scheduled to depart Terminal 2 of the Ahmedabad airport on Thursday, according to FlightRadar24 data, which suggests the aircraft undertaking the voyage was a Boeing 787 Dreamliner.The Sardar Vallabhbhai Patel International Airport is currently not operational, with all flight operations temporarily suspended in the…

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