San Francisco Mayor Daniel Lurie announced Monday that the city will make Microsoft's (NASDAQ: MSFT) 365 Copilot Chat, the tech giant's generative artificial intelligence powered by OpenAI's GPT-4o, available to the 30,000 government workers across the city. "San Francisco is the global home of AI, and now, we're putting that innovation to work," Lurie said in a statement. "As our city and the world embrace AI technology, San Francisco is setting the standard for how local government can responsibly do the same." That standard starts with the roll out of Copilot Chat across all city departments in effort to accelerate the administrative work such as drafting reports, analyzing data, and summarizing documents. The San Francisco Department of Technology will also work with Microsoft to launch a five-week Copilot Chat training campaign to help "maximize the benefits," according to a release from the mayor's office.

Online sales in the United States rose nearly 10% year-over-year to $7.9 billion on Tuesday, the start of mega sales events from retail giants Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT), according to Adobe Analytics. That one-day sales growth marks the "single biggest e-commerce day so far this year," Adobe said, topping the total online spending during Thanksgiving last year ($6.1 billion). Amazon kicked off its four-day Prime Day sales event on Tuesday, while Walmart also began its six-day deals event. Rivals Target (NYSE: TGT) and Best Buy (NYSE: BBY) also launched large promotion events that started Sunday and Monday, respectively. Adobe expects online sales to climb to $23.8 billion throughout these sales events, being the "equivalent to two Black Fridays." Online shoppers in the U.S. spent $14.2 billion during Prime Day last year, according to Adobe.

Apple (NASDAQ: AAPL) announced Tuesday that Chief Operating Officer Jeff Williams will be retiring later this year, capping off his 27th anniversary with the tech giant last month. The crucial leadership role will be taken over by current operations head Sabih Khan later this month, Apple said in a press release. CEO Tim Cook said in a statement that Williams "helped to create one of the most respected global supply chains in the world; launched Apple Watch and overseen its development; architected Apple's health strategy; and led our world class team of designers with great wisdom, heart, and dedication." Williams is departing from the company as its supply chain comes under pressure from President Donald Trump's tariff policies on many of the countries Apple works with to manufacture its products. The Trump administration has called on Apple to move production of it iPhone to the United States.

Tesla (NASDAQ: TSLA) shares fell nearly 7% on Monday after CEO Elon Musk announced plans to form a new political party called the "America Party," causing the electric vehicle maker to lose more than $68 billion in market cap. Musk on Saturday said the party will focus its efforts to win enough Congressional seats "to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people." Investors have grown concerned that Musk's increased political ambitions have negatively impacted the Tesla brand and, in turn, its sales -- Tesla recently reported a 14% annual decline in car deliveries for its second quarter. "Very simply Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period," said Wedbush Securities analyst Dan Ives in a note on Sunday. "While the core Musk supporters will back Musk at every turn no matter what, there is broader sense of exhaustion from many Tesla investors that Musk keeps heading down the political track."

Amazon (NASDAQ: AMZN) announced Wednesday it will be sunsetting its stand-alone free TV streaming service Freevee next month in effort to bring its content all under the Prime Video umbrella. The platform, launched in 2019, offered free, ad-support shows and movies -- including original content -- through its own app. Starting in August, users will be able to watch all of Freevee's offerings on Prime Video for free without a subscription, the company said in a notice, adding that "Prime Video is the new exclusive home for Freevee TV shows, movies and Live TV." The entertain arm of the tech juggernaut is notably ending the service after introducing ads on Prime Video at the start of 2024. That service is included in Amazon's $15 per month Prime membership, or accessable on its own for $9 -- users have to pay an additional $2 on top of their subscription to forego ads.

Federal Reserve Chair Jerome Powell said in commentary on Tuesday that the central bank would have cut interest rates by now if not for President Donald Trump's tariff policies announced in early April. "In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs," Powell said during a panel at the European Central Bank forum in Sintra, Portugal, adding that policymakers are "going meeting by meeting" and any further decisions are "going to depend on how the data [evolves]." The Fed held its borrowing rate steady at a range of 4.25% and 4.5% at its most recent policy meeting -- maintaining the same range since December. Futures traders are currently pricing in a more than 75% probability the Fed will hold rates again at its July meeting, according to CME Group's FedWatch tool, before beginning to cut rates in September.

Netflix (NASDAQ: NFLX) and NASA announced a new partnership on Monday, providing subscribers access to livestreams of rocket launches, astronaut spacewalks, mission coverage, and livesteam views of Earth from the International Space Station coming this summer. The deal marks another sign that the streaming giant is expanding its content offerings to include live programming -- Netflix in recent years has offered users exclusive live events like stand-up comedy acts, award shows and other special live sporting events such as WWE matches. Its new partnership with NASA is designed to make the agency's work in science and exploration more accessible, reaching Netflix's global audience of more than 700 million users. NASA+ content is still available for free without ads through the NASA app and on the agency's website.

California Governor Gavin Newsom sued Fox News (NASDAQ: FOXA) Friday, alleging the network defamed him by making misleading comments about a phone call with President Donald Trump, seeking damages of at least $787 million -- nearly the same value of what Fox Corp., Fox News and other Fox cable networks paid to settle their defamation lawsuit from Dominion Voting Systems in 2023. The suit claims Fox News distorted their story "on behalf of the President" when the governor and president feuded over the deployment of California National Guard troops and Marines to Los Angeles in response to protests. "I believe the American people should be able to trust the information they receive from a major news outlet. Until Fox is willing to be truthful, I will keep fighting against their propaganda machine," Newsom said in a statement. In return, Fox News said Newsom's lawsuit is "frivolous and designed to chill free speech critical of him."

Salesforce (NYSE: CRM) is increasing its use of artificial intelligence to accelerate the company's productivity, with CEO Marc Benioff highlighting that the technology currently facilities about 30% to 50% of the CRM software giant's work. "All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do higher-value work," Benioff told Bloomberg News in an interview. Benioff called generative AI's use in the workforce a "digital labor revolution," estimately that the company's model is about 93% accurate in its outputs, added that other AI vendors are at "much lower" accuracy levels -- often call hallucinations, or when a large language model generates false or misleading information as fact -- because "they don't have as much data and metadata" like Salesforce does. The company previously cut more than 1,000 positions earlier this year to restructure its operations to support the use of AI.

Intel (NASDAQ: INTC) is reportedly closing its automotive architecture business and plans to layoff most of the segment's staff as part of a larger restructuring effort. "We are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers," the company said in a statement to TechCrunch. "As part of this work, we have decided to wind down the automotive business within our client computing group. We are committed to ensuring a smooth transition for our customers." The layoffs come only six months after Intel showcased its automotive technology at the tech trade show CES 2025, which included AI-enhanced system-on-chip designed for vehicles and was expected to enter production by the end of the year. Earlier this month, Intel announced plans to cut up to 20% of its Intel Foundry workforce starting in July -- this segment designs, manufacturers, and packages semiconductors for clients.

Amazon (NASDAQ: AMZN) announced Tuesday plans to invest more than $4 billion to triple the scope of its delivery network in the United States. The e-commerce giant expects to expand its Same-Day and Next-Day delivery services to over 4,000 small cities and towns across the nation by 2026, increasing its Prime delivery customer base to places such as Asbury, Iowa; Fort Seneca, Ohio; Lewes, Delaware; and North Padre Island, Texas. Amazon estimates that each new distribution facility opened will create an average of 170 jobs. The company highlighted in a release that its fast delivery speeds helped grow its everyday essentials category -- which includes groceries, cleaning supplies, beauty items, vitamins and medications, and other household goods -- more than twice as fast as all other categories in the U.S. during the first quarter of this year.

New York Governor Kathy Hochul announced Monday she has directed the New York Power Authority (NYPA) to develop and construct a zero-emission nuclear power plant in the state. Hochul said the state will collaborate with private partners to develop the new plant, which is expected to generate at least 1 gigawatt of electricity. "As New York State electrifies its economy, deactivates aging fossil fuel power generation and continues to attract large manufacturers that create good-paying jobs, we must embrace an energy policy of abundance that centers on energy independence and supply chain security to ensure New York controls its energy future," Hochul said in a statement. Nuclear energy has seen an growth in popularity in recent years as tech giants like Microsoft (NASDAQ: MSFT), Meta Platforms (NASDAQ: META) and Amazon (NASDAQ: AMZN) invest billions to reopen reactors to support the energy needs of generative artificial intelligence models. However, no new nuclear plants have been constructed in the U.S. in over a decade.

Meta Platforms (NASDAQ: META) and EssilorLuxottica (OTC: ESLOY) on Friday unveiled the Oakley Meta HSTN smart glasses equipped with the social media company's artificial intelligence assistant. The glasses are a part of a multiyear partnership between the two companies and are the pair's first smart glass expansion beyond the Ray-Ban brand. The new HSTN shades, pronounced HOW-stuhn, start at $399 and are launching with a global campaign with Team Oakley athletes: World Cup winner Kylian Mbappé and three-time Super Bowl MVP Patrick Mahomes, the companies said in a release. Beyond providing access to Meta's AI, the smart glasses allow the user to record hands-free video and play their favorite audio with open-ear speakers, and are equipped with up to 19 hours of battery life and an IPX4 water resistance rating.

Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Waymo is coming to the streets of New York City, the company announced Wednesday, but with human drivers initially to comply with the city's laws. The self-driving company said it applied for a permit with the New York City Department of Transportation to operate autonomously with a specialist behind the wheel in the largest U.S. city. "While we won't be in New York full-time yet, we have every intention of bringing our fully autonomous ride-hailing service to the city in the future," the company said, adding that it is "advocating for a change in state law that would allow for operating a vehicle with no human behind the wheel." Waymo is currently operating across Phoenix, San Francisco, Los Angeles and Austin, facilitating more than 250,000 paid trips weekly, and has announced plans to expand into Atlanta, Miami and Washington D.C. in 2026.

Meta Platform's (NASDAQ: META) Facebook announced Tuesday that all videos posted on its platform will be shared as Reels in the coming months, as the company looks to rename its "Video" tab to a "Reels" tab on the platform. "Previously, you'd upload a video to Feed or post a Reel using different creative flows and tools for each format," Facebook said in a blog post. "Now, we're bringing these experiences together with a simplified publishing flow that gives you access to even more creative tools. We'll also give you control over your audience setting of who sees your reels." As part of the change, Reels on Facebook will no longer be subject to length or orientation restrictions; currently Reels can only be 90 seconds long. The social media giant added that the update will not change what videos are recommended to users, but their default settings will now be the same for the Feed and Reels tabs.