Meet the Sam’s Club CEO tasked with taking on Costco

Meet the new CEO of Sam’s Club: Latriece Watkins. As you’ll hear from my interview with Watkins this week’s episode of Fast Company’s Most Innovative Companies podcast, she is a Walmart veteran, who began her career in the real estate division in 2006. Over the next two decades, she rose up through the ranks toContinueContinue reading “Meet the Sam’s Club CEO tasked with taking on Costco”

Actors fight back as AI deepfakes become scarily accurate

During the Hollywood strikes of 2023, a major sticking point for members of the Writer’s Guild of America and SAG-AFTRA was artificial intelligence. When the unions ultimately came to an agreement with Hollywood studios, they won key protections for actors regarding digital replicas and guardrails for how generative AI could be used in writers’ rooms. ContinueContinue reading “Actors fight back as AI deepfakes become scarily accurate”

Trump wants Big Tech to pay for new power plants as electricity prices surge

The data centers that power the AI boom also need power themselves – and a lot of it. Now, the Trump administration wants the tech companies cashing in on AI to foot a bigger part of the bill. The Trump administration said Friday that it would urge major East Coast power grid operator PJM InterconnectionContinueContinue reading “Trump wants Big Tech to pay for new power plants as electricity prices surge”

Canada cuts tariff on Chinese EVs in exchange for lower tariffs on Canadian farm products

Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday. Carney made the announcement after two days of meetings with Chinese leaders. He said there would be an initial annual cap of 49,000ContinueContinue reading “Canada cuts tariff on Chinese EVs in exchange for lower tariffs on Canadian farm products”

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