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Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal. Informatica’s shareholders will receive $25 per share, a premium of about 11% from Friday’s closing price of $22.55. The transaction will give Salesforce access to Informatica’s data management capabilities. Informatica was taken private in 2015 by private equity firm Permira and the Canada Pension Plan Investment Board for about $5.3 billion. It went public again in 2021. “Joining forces with Salesforce represents a significant leap forward in our journey to bring data and AI to life by empowering businesses with the transformative power of their most critic…

Last week, Salesforce CEO Marc Benioff announced in a post on X that the company would hire 1,000 new grads and interns “to ride the AI exponential.” Today, the company released a statement committing to that plan. Salesforce launched a new Builder Program within its university recruitment program, in an effort to fast-track recent grads into roles like engineering, product and sales to work on the company’s AI agent system, Agentforce. Salesforce said the company has hired over 10,000 professionals through its university recruitment program to date. According to a recent LinkedIn report, entry-level hiring is down 6% year-over-year. Some major CEOs bet that AI wi…

Attention Costco members: If you recently stocked up at Costco, you’re going to want to check your fridge. The warehouse club retailer is recalling select packages of its popular Meatloaf with Mashed Yukon Potatoes and Glaze meal kit. According to a note to members, the recall was announced after food supplier Griffith Foods Inc. recalled an ingredient that may be contaminated with Salmonella. No illnesses have been reported. Here’s what you need to know. What products are included in the recall? Costco has recalled its heat-and-serve Meatloaf with Mashed Yukon Potatoes and Glaze meal kit. The meal kit contains meatloaf, Yukon mashed potatoes, and glaze …

The Centers for Disease Control and Prevention (CDC) has reported a Salmonella outbreak in more than a dozen states. Worse, the outbreak appears to be linked to a strain of the bacterium that may be resistant to antibiotics. Here’s what you need to know about the source of the outbreak, where its occuring, and what you can do about it. What’s happened? On April 23, the CDC posted an update regarding its ongoing investigation into a multistate outbreak of Salmonella infections. The outbreak is believed to be linked to backyard poultry, such as ducks and chickens. The first reported infection linked to the outbreak is believed to have occurred on February 2…

The Centers for Disease Control and Prevention (CDC) has updated the public on ongoing Salmonella outbreaks linked to backyard poultry. Unfortunately, the outbreaks have continued to spread and have now infected nearly 200 individuals in 31 states, with children making up an alarming number of cases. Here’s what you need to know. What’s happened? As Fast Company previously reported, the CDC in April warned the public about a concerning Salmonella outbreak that had then spread to 13 states. The outbreak was alarming because those infected with Salmonella were found to have strains of the bacterium resistant to fosfomycin, a drug commonly used to treat the infec…

Indian Prime Minister Narendra Modi on Thursday invited leaders of some of the top artificial intelligence companies to gather on stage as part of a commitment to build more “inclusive and multilingual” AI around the world. And they did. But what caught some of the audience’s attention, and later went viral on social media, was an awkward interaction between two rival tech leaders: OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei. Modi, host of the India AI Impact Summit in New Delhi, clasped hands with those closest to him — Altman to his left and Google CEO Sundar Pichai to his right — and beckoned all 13 tech leaders to lift their hands up in a chain, like …

Unlike some of his industry peers, OpenAI CEO Sam Altman has been surprisingly skeptical of the notion that AI is displacing workers. In an interview a few months ago, he argued that AI was a convenient scapegoat for some companies, echoing what some economists and experts have expressed about the narrative that AI is driving layoffs across corporate America. “I don’t know what the exact percentage is, but there’s some AI washing where people are blaming AI for layoffs that they would otherwise do. And then there’s some real displacement by AI of different kinds of jobs,” Altman said at the time. In an interview this week, however, Altman made a bolder statement…

OpenAI CEO Sam Altman has defended the resource-intensive use of AI by comparing it to all the energy—and food—that humans require, sparking a wave of backlash across social media. That comparison, experts in climate and tech spaces say, is misguided, downplays the climate risks associated with AI, and illustrates the disconnect between tech CEOs and the rest of society. Altman’s comments came while speaking to the Indian Express at the India AI Impact summit. The outlet asked him to address some of the common criticisms of AI, including the amount of energy and water the technology requires. “One of the things that is always unfair in this comparison is peop…

If you’ve been thinking about joining Sam’s Club, you may want to act fast: The annual membership fee will go up $10 starting next month. The Walmart-owned chain of warehouse stores has been emailing existing members this week to alert them of the price increases. Effective May 1, a standard Sam’s Club membership will cost $60, up from $50, while the cost of a Plus membership will increase to $120 from $110. The company is clearly trying to push more people to its higher-cost Plus membership, as it’s also upped the cap on its 2% cash back rewards these members can earn—from $500 annually to $750. The company confirmed the price increases to Fast Company and indic…

Han Jong-Hee, a senior Samsung Electronics executive credited with elevating the company’s television business, died Tuesday, the company said. He was 63. Han, a co-chief executive who oversaw the company’s consumer electronics and mobile devices businesses, died at a hospital after being treated for a heart attack, Samsung said. Han joined Samsung in 1988 and spent most of his career in TV-related divisions, during which the company became the world’s leading TV manufacturer. He was appointed co-vice chairman and CEO in 2022. Samsung, one of the world’s largest technology companies, has dual strengths in components and finished consumer products. The company had separ…

Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country’s trade-dependent economy. Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents more than 70,000 workers, says the company has failed to offer adequate compensation despite its soaring profits fueled by the global boom in artificial intelligence. After the latest round of talks ended without a breakthrough on Wednesday, union leader Choi Seung…

Samsung is saying goodbye to its namesake texting app, at least for United States customers. According to an end of service announcement published on the tech giant’s U.S. support website, Samsung Messages will be discontinued in July. Impacted owners of Samsung smartphones and other gadgets are being asked to switch to Google Messages in the meantime, “to maintain a consistent messaging experience on Android.” All Samsung Galaxy phones run on Google’s Android operating system. To switch to Google Messages, Samsung’s website gives users instructions to download the app from the Play Store, if not already on their phone, and set it as the default. Some people may a…

A Samsung Galaxy Tri-Fold smartphone sits beside something we haven’t seen before. It’s a round screen with a swiveling head. Called Project Luna, it has the mechanical charm of Luxo Jr., and a beep not so different from Wall-E. “The guests are here,” whispers a voice. Moments later, we hear an orchestra begin to play. Project Luna and the Galaxy become the conductors of a wide array of Samsung products and concepts, all of which share the same, pulsating orb graphic animation that lands somewhere between a face, mouth, eye, and the light ring of 2001: A Space Odyssey’s HAL. This is how Samsung is saying hello to its visitors at Milan Design Week for its exhibitio…

AI is redefining how products are both built and experienced, and Samsung is reimagining its place in the tech ecosystem. As Milan Design Week gets underway, Samsung’s president and chief design officer Mauro Porcini pulls back the curtain on the company’s new design manifesto, gets candid about their rivalry with Apple, and shares why a brand known for engineering dominance is now betting its future on something far harder to measure: how a product makes you feel. This is an abridged transcript of an interview from Rapid Response, hosted by the former editor-in-chief of Fast Company Bob Safian. From the team behind the Masters of Scale podcast, Rapid Response feature…

Foldable phones have spent years trying to justify themselves. Some were too fragile, others too bulky, and most felt like solutions in search of a problem. The Galaxy Z TriFold is Samsung’s clearest attempt yet to answer a more reasonable question: Can one device replace the phone-tablet combo without becoming a chore to carry? Coming to the United States later this month, the TriFold folds twice, opens into a 10-inch screen, and closes back into a pocketable form. It’s an assertive design, but not a novelty play. Samsung seems very aware that this kind of device only makes sense for a specific kind of user. The double fold is the trick, but the software does…

Samsung Electronics on Thursday reported a 32.5% increase in operating profit for the third quarter, driven by rebounding demand for its computer memory chips, which the company expects will continue to grow on the back of artificial intelligence. The South Korean technology giant set a new high in quarterly revenue, which rose nearly 9% to 86 trillion won ($60.4 billion) for the July-September period, fueled by increased sales of semiconductor products and mobile phones. Samsung, which has dual strength in both components and finished products, said it expects the demand driven by AI to further expand market opportunities in coming months. SK Hynix, another major South…

When samurai warriors went into battle in 16th century Japan, their swords included a piece of hidden art. Within the tsuba, the hand guard at the bottom of the blade, metal smiths carefully crafted beautiful and complex designs, including flowers, animals, and landscapes. The Museum of Fine Arts in Boston has one of the largest collections of Japanese art in the United States in its permanent collection, including hundreds of tsubas. It has just collaborated with the fine jewelry designer Monica Rich Kosann to create a collection of necklaces inspired by three tsuba designs—a crane, a turtle, and a butterfly—to introduce these ancient works of art back into the m…

Immigration Judge Ana Partida sat before a mostly empty courtroom on an afternoon in October, her body angled toward a television on one of the side walls. None of the people scheduled to appear before Partida, who hears cases inside San Diego’s Otay Mesa Detention Center, were present in person. That’s because Immigration and Customs Enforcement (ICE) had transferred all of them to other locations around the country, even though their cases were already underway in San Diego. One by one, an ICE attorney asked Partida to move the detainees’ cases to courts closer to their new locations. All of the people who were transferred had attorneys in San Diego, including …

San Francisco Bay Area residents woke up to some bad news for their Friday commute. Bay Area Rapid Transit, or BART, the region’s main commuter rail system, which connects San Francisco’s peninsula with the East and South Bay, systematically shut down due to a “computer networking problem” affecting train control. The agency announced it was closing all 50 stations at 4:24 a.m. on Friday morning, the East Bay Times reported. As of this writing on Friday morning, BART said that train service had resumed, although passengers should expect “major delays.” “Technicians are on site trying to get to the bottom of the situation, but right now, that is the infor…

The city of San Francisco filed a lawsuit against some of the nation’s top food manufacturers on Tuesday, arguing that ultraprocessed food from the likes of Coca-Cola and Nestle are responsible for a public health crisis. City Attorney David Chiu named 10 companies in the lawsuit, including the makers of such popular foods as Oreo cookies, Sour Patch Kids, Kit Kat, Cheerios and Lunchables. The lawsuit argues that ultraprocessed foods are linked to diseases such as Type 2 diabetes, fatty liver disease and cancer. “They took food and made it unrecognizable and harmful to the human body,” Chiu said in a news release. “These companies engineered a public health crisis, they…

When a major power outage left tens of thousands of San Francisco residents in the dark weekend, the city’s fleet of high tech self-driving vehicles went offline too. Videos circulating on social media showed Waymo robotaxis clogging up intersections, addled by the sudden absence of guidance from traffic lights. In one video posted to TikTok, a Waymo robotaxi sporting its telltale rooftop cluster of sensors blocks a busy intersection as human drivers stream around it on both sides. “This car did not move for 10+ min – it only left when the passengers ditched the car,” the TikTok user who caught the footage wrote in the caption. In another widely circulated video,…

Power was restored Sunday to the bulk of the 130,000 homes and businesses in San Francisco impacted by a massive outage a day earlier that caused major disruptions in the city. About 17,000 customers remained without power as of noon Sunday, Pacific Gas and Electric Co. said. PG&E said earlier its crews were working to restore electricity in several neighborhoods and small areas of downtown San Francisco following Saturday’s outage. PG&E in a statement said it expects to restore power to remaining customers no later than 2 p.m. Monday. “The damage from the fire in our substation was significant and extensive, and the repairs and safe restoration will be complex…