Media

Morgan Stanley Gets New Tech Team Leader - Veteran Crystal Zhu From JPMorgan
AMD Positions for AI Leadership with Expanded Portfolio, Quadrupled R&D Investment Ahead of Major Computex Announcements
Luminar Technologies Stock Is Trading Lower Monday - What's Going On?
AMD Positions for AI Leadership with Expanded Portfolio, Quadrupled R&D Investment Ahead of Major Computex Announcements
Luminar Technologies Stock Is Trading Lower Monday - What's Going On?
Jack Ma Backed Ant Group's Alipay+ Broadens Payment Reach Across Continents: How It's Shaping Global Commerce?
Tesla's Loss, Revel's Gain: Ride-Hailing Company Eyes Abandoned Supercharger Sites In New York

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Major Hacking Incident Exposes Data Of Military Personnel In UK Ministry Of Defence Breach — Is China To Blame?
Sensitive data of active U.K. military personnel have been compromised in a major security breach, reportedly orchestrated by China, affecting personal and banking details.
Disney, Comcast Seek Advisor To Figure Out How Much Hulu Is Really Worth: Report
Walt Disney Co and Comcast Corporation are working to resolve a valuation dispute regarding Disney's planned acquisition of Comcast's 33% stake in Hulu, with discussions to hire a financial advisor for an independent valuation after significant discrepancies arose between their respective bank assessments.
YouTube Sensation MrBeast Is Parting Ways With Management Company Night Media: Report
Jimmy Donaldson, known as MrBeast, has decided to leave Night Media, his talent management agency, to take greater personal control over his business, which reportedly generated over $600 million in annual revenue last year.
Microsoft Takes On Google And OpenAI With New AI Model: Report
Microsoft (NASDAQ:MSFT) ventures into the AI landscape, ready to challenge Google (NASDAQ:GOOGL) and OpenAI with MAI-1, a formidable new language model led by ex-Google DeepMind co-founder Mustafa Suleyman. Anticipation builds as MAI-1's capabilities aim to rival industry giants, potentially unveiled at Microsoft's upcoming Build developer conference
Shell Shifts Gears in South Africa, Reportedly Exits Downstream Unit
Shell plc is reportedly set to divest a significant portion of its shareholding in a South African downstream unit following a comprehensive review. The move aims to reshape its downstream portfolio, with financial terms undisclosed.
Biden Administration Unveils $285M Funding For Semiconductor Institute
President Biden's administration initiates a $285 million federal fund to pioneer a digital twin technology institute for semiconductors. This step, in line with the Chips and Science Act, aims to bolster US chip technology, reducing reliance on global supply chains.
Colombia's Energy Shift: Ecopetrol Reportedly Sails Into Offshore Wind Auction
Ecopetrol is reportedly analyzing its potential direct participation in the Andean country's first-ever offshore wind auction.
Boeing's Starliner: Reportedly Ready To Carry NASA Astronauts
Boeing's pivotal venture with NASA reaches new heights as the CST-100 Starliner, a pioneering spacecraft, preps for liftoff.
How Many Americans Work In The Legal Cannabis Industry In 2024?
This article was originally published on Cannabis.net and appears here with permission. The marijuana industry now employs over 440,000 Americans and the plant is still Federally illegal.
Netflix, Home Depot And More On CNBC's 'Final Trades'
Los Gatos, California-based Netflix reported earnings per share of $5.28 for the quarter, which beat a Street consensus estimate of $4.51.
Target's Ambitious Growth Beyond Borders: Reportedly Broadens Sales Horizons Beyond Own Stores
Target Corp is reportedly extending its reach beyond its own stores by expanding sales of its private-label brands at other retailers.
Shell Pumps The Brakes in Malaysia, Gas Station Network Reportedly Up for Sale For $1B
Shell is reportedly in talks with Saudi Aramco to sell its Malaysia gas station business for $1B. Plans to divest 500 stations this year, focus on profitable ventures.
KKR Goes Surgical: Snags Indian Medical Devices Company Healthium From Apax
KKR to acquire Healthium from Apax Partners. Healthium, an Indian medical devices company, will use KKR's global network and expertise to grow.
GM-Backed Self-Driving Company Momenta Readies For US IPO Launch: Report
Auto giant General Motors-backed Beijing Momenta Technology Co., a Chinese self-driving firm, has quietly filed for a potential IPO in the U.S., report says. Momenta reportedly aims to raise $200-$300 million through share sales, with discussions ongoing. The move underscores Momenta's rapid growth and signifies a significant step in its global expansion strategy.
Former CEO Schultz Urges Starbucks Overhaul Amid Sales Slump: Report
Former Starbucks Chief Executive Howard Schultz reportedly urged the coffee chain to acknowledge its faults and revamp operations following a significant sales decline.

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