David Ellison to Lead New Paramount-Skydance Entity
After the August 7th deal closure David Ellison will become the head of the combined Paramount-Skydance company. The merged company...
Business
Apple’s Tariff-Boosted iPhone Sales Seen as Short-Lived
Apple achieved its highest revenue growth since 2019 but investors expressed doubts about iPhone sales sustainability because of upcoming tariffs.The...
Tesla Taps Former Cruise Exec to Lead AI Push
Electrek reports that Tesla has brought Henry Kuang to its team as its new director of artificial intelligence after he...
Aircraft Orders Drive Surge in U.S. Durable Goods
The United States durable goods orders experienced an unexpected increase in May because of a significant rise in aircraft purchases...
Teamsters Chief Slams AI Bill Limiting State Regulation
Teamsters President Sean O’Brien demands Congress to remove the proposed federal measure which blocks state regulation of artificial intelligence for...
McDonald’s, Krispy Kreme to End U.S. Donut Partnership
McDonald’s and Krispy Kreme plan to wind down their U.S. partnership by July, citing unsustainable costs tied to the distribution...
Aflac Probes Cyberattack, Warns of Possible Data Exposure
The U.S. network of Aflac detected suspicious activity which potentially exposed Social Security numbers and other sensitive personal information according...
Lockheed, Boeing Pitch Missile Defense Tech at Paris Air Show
The Paris Air Show serves as the platform for Lockheed Martin and Boeing to demonstrate their missile defense capabilities for...
Warner Bros Discovery Bondholders Back Breakup Plan
Warner Bros Discovery bondholders voted in favor of splitting the media conglomerate into two separate publicly traded companies which represents...
Adobe Stock Slides as AI Monetization Timeline Worries Investors
Adobe stock prices dropped by 7% on Friday after the company increased its annual revenue projections yet investors questioned the...
