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Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have collectively agreed to discontinue…

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Microsoft confirms performance-based job cuts across departments

January 10, 2025

Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance talent,” a Microsoft spokesperson said…

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Disney says about 157 million global users are streaming content with ads

January 10, 2025

Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+. That number includes 112 million users…

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Dockworkers union, port companies reach tentative 6-year deal

January 9, 2025

Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S. Maritime Alliance, which represents 14 major ports from Boston to Miami and…

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Tariff threat looms over the year’s biggest electronics show

January 9, 2025

Tech companies big and small are offering bold visions of artificial intelligence-infused products that could be headed into our everyday lives soon. Unless tariffs trip them up. That’s the message…

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Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

January 9, 2025

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on…

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Panera Brands CEO steps down; CFO to fill in as interim chief

January 8, 2025

Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually,…

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U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

January 8, 2025

The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker. President…

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Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

January 8, 2025

Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would…

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FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases

January 8, 2025

Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her agency with a “sweetheart deal.”…

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Popular Topics

Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service

Microsoft confirms performance-based job cuts across departments

Disney says about 157 million global users are streaming content with ads

Dockworkers union, port companies reach tentative 6-year deal

Tariff threat looms over the year’s biggest electronics show

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Panera Brands CEO steps down; CFO to fill in as interim chief

U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases