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

Author January 10, 2025

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

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Categories Business

Microsoft confirms performance-based job cuts across departments

Author 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

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Categories Business

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

Author 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

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Categories Business

Dockworkers union, port companies reach tentative 6-year deal

Author 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

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Categories Business

Tariff threat looms over the year’s biggest electronics show

Author 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.

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Categories Business

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

Author 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

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Categories Business

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

Author 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

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Categories Business

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

Author 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

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Categories Business

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

Author 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

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Categories Business

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

Author 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

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