Job openings in the U.S. reached 7.27 million in July 2026, the highest since May, yet payrolls declined by about 23,000 jobs, mainly due to a hiring freeze for workers aged 22 to 25. AI adoption is reshaping the labor market by reducing entry-level roles while increasing demand for senior specialists, especially in tech fields. Companies like Uber are cutting jobs and boosting productivity through AI, focusing on margin expansion rather than workforce growth. The trend raises concerns about young workers being locked out of the job market despite a low 4.1% unemployment rate, with experts advising young adults to gain AI skills or pursue careers in sectors less affected by automation.
Instacart, valued at about $12 billion, has held preliminary talks with Uber and DoorDash about a potential sale, with an investment bank advising on options. A sale could fetch $16-$17 billion if a buyer pays a premium, but antitrust concerns remain...
Uber has expanded its use of ChatGPT Work, an AI tool by OpenAI, to its entire global workforce of 30,000 employees after a successful pilot with 1,000 staff. The AI is used across departments like finance, operations, and product for tasks such as d...
Elon Musk claimed Tesla will eventually handle the majority of all passenger miles on Earth where it can operate freely, highlighting the company's ambition in autonomous ride services. Despite this bold vision, Tesla's current robotaxi fleet has dri...
Waymo has started offering autonomous vehicle rides at Harry Reid International Airport in Las Vegas, marking its sixth major airport service. Pickups and dropoffs occur at dedicated zones in Terminals 1 and 3. Initially, rides will be limited to a f...
