UncategorizedComcast Unit Sues Warner Discovery, in Tussle Over Shows Like ‘Harry Potter’ fwadmin / September 28, 2024 European pay-TV operator Sky accuses Warner of violating co-production deal giving it exclusive long-term rights to shows.
UncategorizedHire the Intern as CEO. Seriously—Just Do It. fwadmin / September 28, 2024 Nike’s new leader started at the bottom of his company and made it to the very top. That might just be his biggest edge.
UncategorizedMeta Handed $100 Million Fine in Ireland Over Password Storage fwadmin / September 28, 2024 Ireland’s data protection watchdog fined Meta Platforms after the Facebook and Instagram owner stored passwords of some social media users on its internal systems without proper safeguards.
UncategorizedAfter China meeting, Blinken says Beijing’s talk of Ukraine peace ‘doesn’t add up’ fwadmin / September 28, 2024
UncategorizedAt least 43 dead as Helene cuts destructive path through southeastern US fwadmin / September 28, 2024
UncategorizedSam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company fwadmin / September 27, 2024 At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.
UncategorizedChina’s industrial profits plunge by 17.8% in August from a year ago fwadmin / September 27, 2024 China’s industrial profits plunged by 17.8% in August from a year ago, the National Bureau of Statistics said Friday.
UncategorizedThe Fed slashed interest rates last week, but Treasury yields are rising. What’s going on? fwadmin / September 27, 2024 Despite a 50 basis point rate reduction, Treasury yields have been moving higher, particularly at the long end of the curve.
UncategorizedDavid Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China fwadmin / September 27, 2024 The billionaire founder of Appaloosa Management said he may have doubled his limit on China equities with this move.
UncategorizedBinance founder ‘CZ’ leaves prison on Friday—along with his $60 billion fortune fwadmin / September 27, 2024 Changpeng Zhao leaves a halfway house on Friday. He has pledged himself to philanthropy but the pull of business will be strong.