Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal (www.cnbc.com)
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AI lobbying spikes 185% as calls for regulation surge::AI-related lobbying reached new heights in 2023, with more than 450 organizations participating in the practice — a 185% increase from the year before.
Amazon cuts hundreds of jobs in Prime Video and MGM Studios::Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.
Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday....
Russian President Vladimir Putin has reportedly decided to run in the March 2024 presidential election and he’s likely to win another six-year term in office, essentially because there’s no one that can oppose him....
Tesla wins first U.S. Autopilot trial involving fatal crash::Tesla won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory as it faces several other lawsuits.
Apple will issue a software update to address iPhone 15 overheating complaints::Apple said that the new iPhones were running hot because of a combination of bugs in iOS 17, bugs in apps, and a temporary set-up period.
Difficult weather conditions and disease have affected production in West Africa, which produces about 70% of the world’s cocoa. The two largest producers, Ivory Coast and Ghana, have been hit by a combination of heavy rain, dry heat and disease recently....
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Microsoft, Google, Amazon and tech peers sign pact to combat election-related misinformation::A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation heading into the 2024 elections.
After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power....
Australia fines X for not answering questions on child abuse content::The social media platform has 28 days to respond to or pay the fine of 610,500 Australian dollars.
Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. Niccol will be paid a base salary of $1.6 million annually, with the opportunity to earn up to $7.2 million more in cash.
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Microsoft exec says OpenAI employees can join with same compensation::Microsoft CTO Kevin Scott offered to match the compensation of OpenAI employees considering a departure from the company.
IBM suspends advertising on X after report says ads ran next to antisemitic content::IBM’s announcement that it’s halting ads on X came a day after Elon Musk boosted an antisemitic post on his platform
A federal judge denied former White House chief of staff Mark Meadows’ request for an emergency stay of a ruling that sent his Georgia election interference case back to state court....