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The Globe and Mail offers the most authoritative news in Canada, featuring national and international news
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News
Second TD investor alleges fraudulent trades involving obscure Chinese stock
55+ min ago (989+ words) Ray Polisteski said he is waiting for a third internal review of his account activity in response to his escalated complaint.Kelsey McMillan/The Globe and Mail A TD Direct Investing customer says criminals liquidated more than $230,000 of his investments,…...
Autocratic regimes using AI system for propaganda and surveillance, Anthropic says
1+ hour, 25+ min ago (764+ words) Anthropic says authoritarian regimes used Claude AI for disinformation and surveillance. The company says it shut down the operations.Dado Ruvic/Reuters Authoritarian regimes around the world are deploying Anthropic’s Claude AI system to expand the disinformation and surveillance campaigns…...
AI financier Intrepid Growth co-led by ex-CPPIB CEO Mark Machin raises US$525-million for first fund
1+ hour, 23+ min ago (672+ words) Intrepid Growth Partners, an AI-focused financier co-founded by ex-Canada Pension Plan Investment Board chief executive officer Mark Machin, has raised US$525-million for its first fund. Intrepid Growth Partners, an AI-focused VC fund co-founded by (from left) Ajay Agrawal, Mike…...
Where Will Archer Aviation Be by This Time Next Year?
2+ hour, 42+ min ago (435+ words) Over the next year, Archer will work through this certification process and aims to start early commercial operations in the UAE. It will also be preparing to serve as the official air taxi carrier for the 2028 Los Angeles Olympic Games....
Billionaire Bill Ackman Trimmed This Big Tech Position to Back These 2 AI Contenders
6+ hour, 17+ min ago (544+ words) Amazon remains a top cloud computing and e-commerce stock to own. Microsoft is seeing strong cloud and enterprise software growth. Meta's platform is a great AI flywheel, while its new AI agent could be a game changer. Billionaire hedge fund…...
UPS Cut Amazon Volumes on Purpose. The Margin Data Says It Worked.
8+ hour, 3+ min ago (367+ words) Early last year, UPS began scaling back the amount of work it was doing for Amazon. Although the partnership generated plenty of revenue, it was also crimping profits. While there’s room for improvement, the tough decision looks like it was…...
The Market Won???t Wait for You to Feel Ready: Here???s Where I???d Put $1,000 Today
10+ hour, 7+ min ago (638+ words) The market has an irritating habit of becoming comfortable only after much of the easy money has already been made. During a decline, investors wait for the bad news to stop. During a rally, they wait for prices to become…...
Got $1,000? Here's What an Intel Investment Made the Day the U.S. Government Took Its Stake Would Be Worth Today.
12+ hour, 9+ min ago (647+ words) Nearly 13 months ago, the federal government invested $8.9 billion in Intel. That stake is now worth $43.9 billion. An investment made by a retail investor on the same day as Washington's deal was announced wouldn't be quite as profitable for one simple…...
The privacy cost of applying for a job
10+ hour, 23+ min ago (639+ words) When you hit submit on a job application, you know what information you’re handing over, but likely don’t know where that information goes next. That blind spot can carry real consequences. More than half of the U.S. job seekers…...
Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like.
19+ hour, 45+ min ago (683+ words) Oracle delivered 850 megawatts of AI capacity, containing more than 300,000 GPUs, to customers in its fiscal first quarter alone. Even after those additions, Oracle said GPU utilization across its fleet was 97.9%. GPU capacity that came up for renewal was renewed or…...