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What Does Consulting Do?

This paper provides the first systematic and comprehensive empirical study of management and strategy consulting. We unveil the workings of this opaque industry by drawing on universal administrative business-to-business transaction data based on value-added tax links from Belgium (2002-2023). These data permit us to document the nature of consulting engagements, take-up patterns, and the effects on client firms. We document that consulting take-up is concentrated among large, high-labor-product

Rocket Lab eyes big defense opportunities with new acquisition

Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company. Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its purchase of a new optical payloads company will make it more competitive for lucrative government contracts. The company’s space systems brought in $97.9 million of the $144.5 m

xAI makes Grok Imagine video generator free for everyone

Elon Musk’s xAI firm has some counter-programming planned following OpenAI’s GPT-5 upgrade to ChatGPT. Specifically, xAI has made the Grok Imagine tool for turning images into short videos available for free for everyone. Grok Imagine is one of the few image-to-video generative AI tools publicly available for free. Access to the tool is available inside the Grok app on iOS and Android. Grok Imagine first has you generate or upload an image, then it presents a button to convert it into a video

ChatGPT can now talk nerdy to you - plus more personalities and other upgrades beyond GPT-5

Elyse Betters Picaro / ZDNET ZDNET's Key Takeaways: OpenAI launched ChatGPT customization updates. Users can choose chat color and personality. All users (even free) can now access Advanced Voice Mode. OpenAI is having one of its biggest product launch weeks, releasing its highly anticipated open-source models, gpt-oss-120b and gpt-oss-20b, and GPT-5. Buried within the deluge of the large language models (LLMs) are helpful ChatGPT features that add customization options that could make the

Foundry (YC F24) is hiring staff-level product engineers

About Foundry We're building the foundational infrastructure to automate digital work. Today's browser-based workflows represent a potential trillion dollar opportunity—currently trapped behind inefficient manual tasks and repetitive actions. Current AI agents fail when facing complex real-world scenarios; they're brittle experiments, not scalable solutions. Foundry provides the critical, high-fidelity simulation environment necessary for training, testing, and deploying robust AI agents. Thin

Foundry (YC F24) Is Hiring Staff Level Product Engineers

About Foundry We're building the foundational infrastructure to automate digital work. Today's browser-based workflows represent a potential trillion dollar opportunity—currently trapped behind inefficient manual tasks and repetitive actions. Current AI agents fail when facing complex real-world scenarios; they're brittle experiments, not scalable solutions. Foundry provides the critical, high-fidelity simulation environment necessary for training, testing, and deploying robust AI agents. Thin

Disney is winding down the Hulu app - here's what subscribers need to know

Robert Way/Getty Images ZDNET's key takeaways Disney is combining the Hulu app and the Disney+ app next year. Most Hulu content is available on Disney+ already, but not all - you still need the Hulu app for now. You'll still be able to subscribe to Hulu and Disney+ as standalone services. If you're a Hulu user, you'll likely be changing apps soon. During today's quarterly earnings results announcement, CEO Bob Iger said the company would be "fully integrating Hulu into Disney+," meaning th

Want a four-channel dashcam for less than $200? I recommend this one

Botslab G980H Multi-Channel Dashcam The BOTSLAB G980H Multi-Channel Dashcam is a reliable four-channel dashcam for your road trips and commutes. It has a crisp 3K front cam, separate shooters for the driver and passenger, and a rear cam. It has some quirks, but for the price, it is a good option for capturing evidence and fun clips on the road. Dashcams are the type of products you hope you will never need, but they can be lifesavers when they do their job. It’s a solid investment if you want s

You can now try Microsoft’s Gaming Copilot AI assistant on PC

Microsoft revealed that it was working on an AI chatbot specifically for gamers back in March, and now it's here for a test drive. The beta version of Gaming Copilot is available to Xbox Insiders on PC via the Game Bar functionality. It's also available to try on Windows-based handheld gaming devices, but the company says the functionality there is currently limited. A variant of this tool recently launched as a beta for mobile . This is kind of like an AI version of those old Nintendo phone he

Should Lyft and Uber Charge More if Your Battery Is Low? California May Soon Ban That

It’s late at night, and you badly need a ride. Your cellphone’s battery is dangerously low. Should a ridehailing company such as Uber or Lyft be able to charge you more because its artificial intelligence programming thinks you’re desperate since it knows your phone is about to die? Not if Hayward Democratic Sen. Aisha Wahab has her way. Her Senate Bill 259 would prevent retailers from using artificial intelligence to jack up prices using the information stored on customers’ phones. That coul