After Domino’s Pizza’s first-quarter sales fell far below projections, the world’s largest pizza chain named a new CEO in hopes of turning things around. In a Monday press release, the company named Joe Jordan, the current COO and president of Domino’s U.S., as CEO effective October 1. Domino’s current CEO, Russell Weiner, will become executive chairman. Jordan has held various executive roles across marketing, innovation, and other departments during his 15 years at Domino’s. Most recently, Jordan was recognized for leading the relaunch of Domino’s loyalty and e-commerce platforms, and the launch of its global digital marketplace partnerships. According to…
Author: Staff Writer
Just two months after Meta announced plans to track employee keystrokes and mouse movements to train its AI models, the company said it would pause the program after an alleged internal leak. According to a screenshot obtained by Business Insider, employees’ private conversations, performance data and transcriptions were accessible across the company. On a scale of 0 to 5—0 being the most severe—the incident was classified as a SEV (severity) 2. Meta confirmed the incident to Business Insider. According to documents reviewed by Wired, a security notice said that “employee data across 45,000 hive tables”—a data storage format—were exposed, which…
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 2,565.58 points or -3.55% to 69,788.38 • Shanghai decreased 56.845 points or -1.37% to 4,106.252 • Hang Seng decreased 432.24 points or -1.82% to 23,336.28 • ASX 200 decreased 29.10 points or -0.33% to 8,787.00 • SENSEX decreased 893.39 points or -1.16% to 76,200.68 • Nifty50 decreased 278.80 points or -1.16% to 23,824.10 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00899 or -1.28% to 0.69116 • NZDUSD decreased 0.00475 or -0.83% to 0.56663 • USDJPY increased 0.009 or 0.01%…
BP, 7-Eleven, and Walmart are among a slew of gas stations, convenience stores, and big box retailers sued this week for allegedly using artificial intelligence to spike gas prices in California. U.S gas prices have recently hit a record high, up as much as 50% since the war with Iran began; and California has some of the nation’s highest fuel prices, with regular gasoline averaging $5.56 per gallon on Tuesday, compared to the national average of $3.92, according to AAA. The class action lawsuit on behalf of California drivers alleges the businesses, which include Walmart and Albertsons and together operate…
As AI continues to make its way into all avenues of life, more brands are taking a stance about whether they are for or against the technology—and Polaroid just revealed where it stands. In the camera maker’s latest international ad campaign, Polaroid is making the case for embracing an analog life with a series of billboards featuring anti-tech phrases like “no one on their deathbed ever said: I wish I’d spent more time on my phone.” Placed deliberately in high-traffic areas with connections to tech culture—like Apple Stores and Google offices in New York City and London or busy city…
Spinoza, never one for flattery, defined ambition as the immoderate desire to make others approve of what we love and hate—in essence, an insatiable craving for other people’s validation. Today, that sounds like a brutal takedown of one of our most celebrated virtues. Ambition has become a word we wear proudly, the engine of LinkedIn bios and graduation speeches, the quality every hiring manager claims to want and every self-help book promises to unlock. And yet Spinoza, writing in the 17th century, was onto something that modern psychology has spent considerable effort confirming: Ambition, at its root, may be less…
United Nations Secretary-General António Guterres on Tuesday called on artificial intelligence companies to release information about the carbon pollution they create, along with the water and land used to power their operations.While urging action in an address at London Climate Action Week, Guterres proposed the AI Environmental Transparency Initiative, arguing AI companies should measure and disclose the impact of their increasingly in-demand technology — impact which has been cited by opponents as reasons to curb the rapid growth of data centers. These companies have faced mounting pressure, both from governments and locally in areas with data centers that support AI,…
Tech stocks continued their slide Tuesday, stoking concerns that the long-feared collapse of the AI and chip rally could be near. But some traders on Wall Street say this is only a bump in the road. The Nasdaq Composite Index was down 475 points, or nearly 2%, as of 9:45 a.m. ET Tuesday, after dropping 1.3% on Monday. Shares of major chipmakers were broadly lower, some substantially so. The sell-off that began Monday gathered steam overnight, as global markets in Asia took heavy losses on plunging memory-chip stocks. South Korea’s Kospi index, which has been the best-performing index in the…
Vegetarians typically don’t have to specify “no meat or plastic” when buying food, but a MorningStar Farms recall begs to differ. The plant-based food brand has recalled vegetarian chicken nuggets and sausage patties due to the possible presence of plastic, according to a Monday, June 22, announcement published by the Food and Drug Administration. Think you might have one of the affected products? Here’s what you need to know about the MorningStar Farms recall. What products are affected? The two recalled products were distributed in the U.S., Puerto Rico, and Costa Rica. Here is the specific information for the items…
Not having a clear plan can feel irresponsible. We’re taught that successful people map everything out before they begin. That they have a five-year strategy, a perfectly timed roadmap, and certainty about what comes next. But most people don’t get stuck because they lack a plan. They get stuck because they believe they need one before they move. After building a business from the ground up, including stepping into an online model with no prior experience, I’ve learned that clarity rarely comes first. More often, clarity is the result of movement. If you’re feeling stuck, here are three practical ways…