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Time:2026-06-07T20:03:34Z

CBS News faces internal turmoil as veteran correspondent Scott Pelley publicly blasts management under Bari Weiss. Wall Street suffered its worst day of the year, with the Nasdaq plunging 4% amid a dramatic sell-off in AI and chip stocks, fueled by strong jobs data raising the odds of Fed rate hikes. Anthropic warns the AI industry to prepare for models capable of self-improvement without human oversight. The Trump administration is exploring public equity-sharing schemes in AI companies, drawing bipartisan interest from figures like Bernie Sanders and Sam Altman.

Scott Pelley blasts CBS News leadership under Bari Weiss

Scott Pelley blasts CBS News leadership under Bari WeissVeteran CBS correspondent Scott Pelley delivered a scathing critique of CBS News in a New York Times interview, calling the network 'on fire' and demanding Bari Weiss be removed from her role. The interview quickly became a rallying point for critics of the network's direction under the former New York Times opinion editor. Pelley's remarks have sparked wider debate about editorial independence and management competence at one of America's legacy broadcasters.

Anthropic warns AI will soon self-improve without humans

Anthropic warns AI will soon self-improve without humansAnthropic has issued a warning that artificial intelligence systems will soon be capable of improving themselves without human intervention, urging the industry to coordinate on safety mechanisms. The company called for a potential industry-wide 'pause' in development if certain risk thresholds are crossed. Separately, AI-driven longevity research is advancing, with companies using algorithms to predict disease and combat aging.

Nasdaq and S&P 500 hit worst day of year on tech sell-off

Nasdaq and S&P 500 hit worst day of year on tech sell-offThe Nasdaq plunged 4% in its worst single-day decline since April 2025, as investors fled AI and semiconductor stocks. The S&P 500 also suffered its worst session of the year after a stronger-than-expected May jobs report raised the likelihood of further Federal Reserve interest rate hikes. Chip stocks led the rout, reversing a prolonged rally in the sector and sending Wall Street's 'fear gauge' sharply higher.

Trump explores public equity-sharing in AI companies

Trump explores public equity-sharing in AI companiesThe Trump administration is considering a policy that would give the American public equity stakes in AI companies in exchange for government investment and support. The proposal has drawn rare bipartisan interest, with Senator Bernie Sanders and OpenAI CEO Sam Altman both expressing openness to the concept. The White House's AI adviser is reportedly leaving his position as the administration weighs these new ownership structures.

AI boom spawns unusual side effects in Silicon Valley

AI boom spawns unusual side effects in Silicon ValleyThe AI industry's rapid growth is creating unexpected social and economic ripple effects, from niche service industries catering to Silicon Valley tech workers to broader generational debates about work. New graduates are increasingly vocal about their frustrations with both AI-driven automation and remote work policies. Meanwhile, consumers are questioning what value they actually receive from paid AI subscriptions.