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Press Digest: New York Times business news - July 28

PRESS DIGEST-New York Times business news - July 28

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- BuzzFeed BZFD.O laid off more than a third of its remaining staff, part of an effort by its new owner, Byron Allen, to stem millions of dollars in annual losses.

- Cracker Barrel CBRL.O said Julie Masino would step down as its CEO, nearly a year after the company faced criticism from conservatives, including U.S. President Donald Trump, for a short-lived decision to change its decades-old logo.

- OpenAI is close to leasing a $500 billion data center in southern Ohio that could be among the largest of the artificial intelligence boom.

- Nvidia NVDA.O has created a coalition to work on “open-source” safety and cybersecurity tools for artificial intelligence with other big technology companies, including Microsoft MSFT.O and SpaceX SPCX.O .


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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