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Michael Barclay

Michael Barclay

Quartz

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Americans get more confident about the economy for the first time in months

The latest University of Michigan consumer sentiment index ticked up in May, but it's still down from late last year

28.06.2025 10

Quartz

Michael Barclay

What is the Strait of Hormuz? And why is it so important for global oil markets?

The U.S. attack on Iran has raised fears about a blockade in the Strait of Hormuz. Here's what to know

23.06.2025 9

Quartz

Michael Barclay

Google proposes fixes to its search to stave off fines in Europe

After losing an appeal on a $4.7 billion antitrust charge, the search giant offers up space to its rivals

21.06.2025 9

Quartz

Michael Barclay

The Pope has a message for AI executives

Pope Leo wants AI to be regulated ethically, while the U.S. is poised to bar any state-level regulations for a decade

20.06.2025 4

Quartz

Michael Barclay

Telegram's CEO will leave his multi-billion-dollar fortune to his 100-plus children

Pavel Durov says Telegram will become a nonprofit foundation to ensure its independence and freedom of speech

20.06.2025 10

Quartz

Michael Barclay

Aflac got hacked by a cybercrime gang targeting insurance companies

Attack is consistent with Scattered Spider, although no ransomware was involved and the breach was dealt with within hours

20.06.2025 2

Quartz

Michael Barclay

Gas prices rise as war between Israel and Iran escalates

The increases are incremental for now, but a supply disruption in the Strait of Hormuz could make costs soar

19.06.2025 7

Quartz

Michael Barclay

Texas Instruments will invest $60 billion in U.S. chipmaking

The company will expand its operations in Utah and its home state of Texas

19.06.2025 7

Quartz

Michael Barclay

Microsoft is planning to lay off thousands more employees, report says

The company has been cutting jobs all year while spending big on AI and seeing its stock soar

19.06.2025 4

Quartz

Michael Barclay

OpenAI says it's making $10 billion in annual recurring revenue as ChatGPT grows

One year after losing $5 billion, OpenAI is reporting $10 billion in annual recurring revenue, reports CNBC, due to revenue from ChatGPT business...

10.06.2025 10

Quartz

Michael Barclay

CEOs are getting more confident about the economy — with a catch

More than half of American CEOs believe some semblance of stability will finally return to the U.S. economy by July, once the tumult of tariff news...

10.06.2025 6

Quartz

Michael Barclay

Pfizer and other drug companies make 'no commitments' to the White House on lower drug prices

Cheaper pharmaceuticals won’t be on shelves any time soon, says the CEO of Pfizer. That’s despite an executive order signed last month declaring a...

09.06.2025 3

Quartz

Michael Barclay

Chipotle is releasing its first new dip in five years — and it's got a ranch twist

Chipotle (CMG) announced it’s introducing its first new dip in five years, an adobo-infused ranch dressing. It’s available for a limited time...

09.06.2025 2

Quartz

Michael Barclay

Almost 2 million eggs are recalled as a salmonella outbreak leave dozens sick

A major salmonella outbreak involving 1.7 million eggs from the August Egg company has infected 79 people in seven states. Read more...

09.06.2025 20

Quartz

Michael Barclay

Trump says the U.S. and China will resume trade talks Monday in London

Three top White House officials will meet with Chinese trade representatives in London on Monday, President Donald Trump announced on Friday...

07.06.2025 2

Quartz

Michael Barclay

Used car prices cool down following highs driven by tariff fears

The price of a used car got marginally cheaper in May, down 1.4% from April, though still 4% higher than this time last year. That’s according to...

06.06.2025 2

Quartz

Michael Barclay

Construction on an EV battery plant was halted because of tariff fears

Japanese battery company Envision AESC is pausing the electric-vehicle battery plant it announced for Florence, South Carolina, in late 2022, citing...

06.06.2025 2

Quartz

Michael Barclay

Walmart is about to fly delivery drones over more cities

Four years after Walmart (WMT) launched drone delivery during pandemic lockdowns, it is scaling up at 100 stores in five states—Arkansas, Florida,...

06.06.2025 3

Quartz

Michael Barclay

Amazon says it will crack down on fake reviews

Amazon (AMZN) has admitted it is awash in fake reviews and has promised to crack down, having agreed with a U.K. regulatory agency to sanction users...

06.06.2025 3

Quartz

Michael Barclay

OpenAI increases its paid user base by 50% in three months

As ChatGPT approaches its third anniversary this fall, OpenAI announced that the chatbot has spurred a 50% increase in paid users since February.Read...

05.06.2025 4

Quartz

Michael Barclay

Tomato, water, and beef: Here's what's been recalled this week

Maybe hold off on that hamburger: Beef and tomatoes have been recalled this week. Not to mention water.Read more...

05.06.2025 4

Quartz

Michael Barclay

Amazon isn't slowing down on AI with a $10 billion data center in North Carolina

Amazon (AMZN) is almost doubling its investment in North Carolina, announcing $10 billion worth of AI infrastructure for Amazon Web Services’ supply...

04.06.2025 3

Quartz

Michael Barclay

Trump hiring freeze is hurting inflation data collection: Report

The U.S. inflation rate in April was almost negligible: 0.2% month-over-month, or 2.3% annually the lowest since 2021. Good news, right?Read more...

04.06.2025 3

Quartz

Michael Barclay

Russian institutions go in on Bitcoin-linked futures and bonds

Bitcoin bonds are about to be listed on the Moscow Stock Exchange.Read more...

04.06.2025 3

Quartz

Michael Barclay

Trump sons disavow Trump-linked memecoin wallet

Even Donald Trump’s sons are finding their family’s crypto business a bit cryptic.Read more...

04.06.2025 3

Quartz

Michael Barclay

Tesla chargers booted off the New Jersey Turnpike — and Musk cries 'corruption'

Sixty-four Tesla (TSLA) Superchargers will be removed from the New Jersey Turnpike, starting on Friday. Upon hearing the news, Elon Musk tweeted,...

03.06.2025 10

Quartz

Michael Barclay

Tinder tests a controversial height filter as paid dating apps users keep dropping

Love is a lot less lucrative lately—if you’re the company that owns Tinder (MTCH), Hinge and OKCupid. Read more...

02.06.2025 4

Quartz

Michael Barclay

Meta is going all-in on AI advertising

Meta (META) believes that the source of 97% of its revenue can be fully automated by AI: its ads.Read more...

02.06.2025 40

Quartz

Michael Barclay

Elon Musk's Neuralink is getting more competition

A brain-computer interface (BCI), a fusion of man and machine, has sparked human imagination since the Industrial Revolution. This week, the small...

02.06.2025 5

Quartz

Michael Barclay

The maker of Oreos is suing Aldi for copying its packaging

They may look like Oreos. The packaging uses the same colors as Oreos packaging. But the product seen on shelves of the Aldi supermarket chain are...

30.05.2025 3

Quartz

Michael Barclay

Taylor Swift buys her early work, puts bad blood behind her

“All the music I’ve ever made now belongs to me,” wrote Taylor Swift on her website on Friday.Read more...

30.05.2025 2

Quartz

Michael Barclay

Elon Musk's company town warns residents it might send them packing

Elon Musk wants to colonize Mars. He’s starting with a tiny Texan town of 500 people — 260 of whom work for SpaceX — and a recent memo suggests...

30.05.2025 2

Quartz

Michael Barclay

Trump gets asked about Wall Street's 'TACO Trade.' He doesn't like it

President Donald Trump would prefer not to talk about TACO — an acronym for “Trump Always Chickens Out,” a term coined by Robert Armstrong of...

29.05.2025 10

Quartz

Michael Barclay

America's trade war could mean 7 million fewer jobs across the world, U.N. says

International growth is slowing, fewer new jobs will be created, and the global income gap is rising — largely because of elevated trade tension...

28.05.2025 3

Quartz

Michael Barclay

Trump's control over Truth Social could weaken as new shares are issued

The election of Donald Trump provided a big boost for Bitcoin, as the incoming president promised to make the U.S. “the crypto capital of the...

28.05.2025 4

Quartz

Michael Barclay

Elon Musk has to work 40 hours a week at Tesla, top investors say

Show up for work and do your job — that’s what 12 large pension funds, representing $950 billion in assets, told Tesla (TSLA) CEO Elon Musk in an...

28.05.2025 3

Quartz

Michael Barclay

SpaceX's Starship rocket went further in its latest test launch — but still spun out of control

Space X’s big ambitions came crashing back to Earth on Tuesday, when its Starship made what the company calls a “rapid unscheduled disassembly”...

28.05.2025 4

Quartz

Michael Barclay

China's BYD is sued over 'slave-like' labor conditions

One day after BYD (BYDDY) overtook Tesla’s (TSLA) market share in Europe, the Chinese EV maker and two of its contractors were sued by the Brazilian...

28.05.2025 4

Quartz

Michael Barclay

Anthropic's AI model could resort to blackmail out of a sense of 'self-preservation'

“This mission is too important for me to allow you to jeopardize it. I know that you and Frank were planning to disconnect me. And I’m afraid...

23.05.2025 7

Quartz

Michael Barclay

OnlyFans could soon be sold for billions of dollars, report says

OnlyFans, a website that’s been called the future of sex work, could soon be sold to L.A. investment firm Forest Road Company, according to a report...

23.05.2025 2

Quartz

Michael Barclay

JPMorgan Chase, Bank of America and others might launch their own crypto

Since cryptocurrency’s inception a major selling point was that it sidestepped the banking system. Now that President Donald Trump appears to be...

23.05.2025 3

Quartz

Michael Barclay

America is finally killing the penny

The U.S. Mint confirmed on Thursday that the current crop of one-cent coins will be the last ever produced. Read more...

23.05.2025 10

Quartz

Michael Barclay

Mercedes-Benz is yanking 400 jobs out of Michigan — and 'doubling down' on Georgia

German carmaker Mercedes-Benz (MBGAF) announced plans Thursday to consolidate its U.S. operations by moving 500 jobs to Sandy Springs, Georgia —...

23.05.2025 7

Quartz

Michael Barclay

A Google founder gave away $700 million worth of Alphabet stock

Google (GOOGL) co-founder Sergey Brin gave away almost $700 million, in the form of 4.1 million Alphabet shares, to an undisclosed charity on...

22.05.2025 3

Quartz

Michael Barclay

Tech giants Nvidia, OpenAI and others join forces for massive UAE Stargate AI data center

A group of global tech giants gathered in Abu Dhabi to pose for a photo as anAI supergroup, including OpenAI’s Sam Altman, Oracle’s (ORCL) Larry...

22.05.2025 3

Quartz

Michael Barclay

Walmart is cutting about 1,500 corporate jobs

Walmart (WMT) is eliminating roughly 1,500 jobs, the Wall Street Journal reported, in what CEO John Furner described as “opportunities to remove...

22.05.2025 3

Quartz

Michael Barclay

Boeing gets a break as 737 production speeds up and safety improves

In the first five months of 2025, Boeing (BA) is bouncing back from a truly miserable 2024 that included the resignation of CEO David Calhoun and a...

21.05.2025 5

Quartz

Michael Barclay

DOJ nabs Armenian crime org on charges including $83 million in Amazon cargo thefts

Competing members of Armenian-American organized crime groups have been charged with attempted murder, kidnapping, fraud, and more than $83 million in...

21.05.2025 3

Quartz

Michael Barclay

Google's Gemini AI is coming to Volvo cars

Google (GOOGL) is bringing its Gemini AI to Volvo cars. Google parent Alphabet and the Swedish carmaker, two companies that have collaborated for...

21.05.2025 4

Quartz

Michael Barclay

JPMorgan Chase wants bosses to 'resist' hiring and use AI

JPMorgan Chase (JPM) hired 60,000 people in the last five years, increasing its workforce by 23%. It looks like that’s about to grind to a half.Read...

20.05.2025 6

Quartz

Michael Barclay