Cisco to Cut Over 4,000 Jobs, Redirecting Investments Towards Artificial Intelligence
Company
Earnings Typo Error Sends Lyft Stock on Wild Ride, Questions Raised
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JetBlue Shares Soar After Carl Icahn Discloses Stake
"JetBlue Airways saw its shares surge by over 15% following the revelation that corporate titan Carl Icahn had acquired a nearly 10% stake in the airline, branding it as undervalued. The disclosure of Icahn's significant investment has stirred the market, coming at a crucial juncture for JetBlue as it endeavors to navigate post-pandemic recovery and the fallout from a thwarted merger with Spirit Airlines. -
Diamondback Energy's $26B Acquisition to Create a New Global Oil Giant Valued at over $50B
"Diamondback Energy, an American shale oil and gas producer, has announced a colossal acquisition that could give birth to a new global oil behemoth.
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Oracle Stock Plunges as ‘Force Majeure’ Notice Raises New Data Center Concerns
Oracle shares fell nearly 5.5% in early trading Thursday after Bloomberg reported that the technology company had invoked a "force majeure" provision to protect itself from potential costs associated with delays at Project Jupiter, its massive artificial-intelligence data center development in New Mexico. 
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Dunham-Bush Wins MIEAD Malaysian HVAC&R Industry Leadership Excellence Award
Malaysia's heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry is ushering in a new wave of demand shifts. 
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Meta’s Muse Used Human Contractors for AI Phone Calls, Triggering Internal Privacy Backlash
Meta has been quietly testing human assistance behind some phone calls made through its new Muse artificial-intelligence assistant, exposing a gap between the autonomous capabilities the company is promoting and the practical limits of current AI systems. The experiment, detailed by Reuters, prompted internal objections from employees who warned that outside contractors could gain access to sensitive user information. 
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AMD Joins $1 Trillion Club as AI Boom Drives 24% Stock Rally in Five Days
Advanced Micro Devices surpassed $1 trillion in market capitalization for the first time Monday, joining a small group of technology companies whose valuations have been propelled by Wall Street's enthusiasm for artificial intelligence. The milestone followed a five-session rally that lifted AMD shares roughly 24%, as investors increased their bets on the chipmaker's expanding data center business. 
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Saudi Aramco Tells European Buyers No Crude Is Available for October, Sending Oil Back Above $100
Saudi Aramco has told European refiners they won't receive contracted crude shipments next month as damage to Saudi Arabia's East-West pipeline deepens a supply crunch already aggravated by disruptions in the Strait of Hormuz and growing threats to Red Sea shipping, according to Bloomberg. Oil prices erased steep early losses following the report. 
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Warren Buffett Steps Down as Berkshire Chairman at 96, Ending Six-Decade Leadership Era
Warren Buffett is stepping down as chairman of Berkshire Hathaway, ending another chapter of his six-decade stewardship of the $1.1 trillion conglomerate nine months after Greg Abel succeeded him as chief executive. Buffett's son Howard Buffett will become chairman, separating oversight of Berkshire's board from the day-to-day leadership now held by Abel. 
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Zuckerberg Says Meta Delayed Muse for Months but Rejects Calls for Industrywide AI Slowdown
Meta CEO Mark Zuckerberg pushed back against calls for a coordinated slowdown in frontier artificial-intelligence development, arguing that AI companies already have powerful commercial and legal incentives to make their systems safe and aligned with users. 
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Sam Altman Warns Powerful AI Could Become ‘Extremely Dystopian’ if Control Is Concentrated
OpenAI Chief Executive Sam Altman warned that increasingly powerful artificial intelligence could produce an "extremely dystopian" future if humans lose control of the technology or if its capabilities become concentrated in a single company, individual or country. 
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TSMC August Revenue Surges 53% to Record $16.35 Billion as AI Chip Demand Accelerates
Taiwan Semiconductor Manufacturing Co. reported record monthly revenue for August, as surging investment in artificial-intelligence infrastructure kept demand elevated for the advanced processors used in data centers and reinforced the Taiwanese chipmaker's commanding position in global semiconductor manufacturing. 
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Dunham-Bush to Showcase 130+ Years of Engineering Legacy at MARVEX 2026
From September 22 to 25, Dunham-Bush will participate in MARVEX 2026 held at the Kuala Lumpur Convention Centre. Focusing on the comprehensive demands of data centers for high-efficiency cooling, operational reliability, and energy efficiency, Dunham-Bush will present the WCM Water-Cooled Magnetic Bearing Chiller, DB Aire Precision Air Conditioner, and DBV Pro 6 Variable Refrigerant Flow (VRF) System. Among them, the WCM Water-Cooled Magnetic Bearing Chiller will make its debut at MARVEX and further demonstrate its operational capability under high-load and continuous operation scenarios through live technical demonstrations. 
