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Microsoft Says Delta’s Technology Outdated, Likely Contributed to Slow Recovery
The assertion, in a letter from a lawyer for the tech giant, is a response to Delta’s claims that exposure to Microsoft and CrowdStrike was at the root of its problems from a July IT outage.
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Disney Raises Prices of Most Streaming Plans
The entertainment giant said it would raise prices for nearly all of its streaming plans and introduce “continuous playlists”—or channels showing a steady stream of curated content—on Disney+ later this year.
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Uber Shares Jump as Company Returns to Profitability
Second-quarter results beat expectations, and the company projected sales growth.
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How Amazon’s NFL Package Helped It Win NBA Rights Over Warner’s TNT
The league’s media deal with the tech giant included provisions Warner couldn’t match, setting the stage for a legal fight.
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Elon Musk’s X Sues Advertising Coalition Over ‘Massive’ Boycott
The lawsuit alleges companies including CVS Health, Mars and Unilever unfairly targeted the social-media platform over safety standards.
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$1 trillion wipeout: Market rout punishes megacap tech
The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on Monday.
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San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Progress on inflation and a clear slowdown in hiring likely will drive the Fed to some extent of policy easing, Daly said Monday.