Month: September 2023
WeWork CEO suggests enterprise is ‘here to stay’ as it renegotiates ‘nearly all our leases’
A WeWork coworking office environment place in Berkeley, California, Aug. 9, 2023. David Paul Morris | Bloomberg | Getty Visuals WeWork CEO David Tolley, who took about the office environment-sharing company in an interim purpose in May, wrote in a community letter Wednesday that the embattled company is “below to keep” and that it can […]
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AMC shares slide 20% after theater chain announces plan to sell additional stock
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022. Brendan McDermid | Reuters Shares of AMC Entertainment fell sharply in early trading Wednesday after the theater chain said in a filing that it plans to sell up to 40 million new shares to raise cash. The stock was down 25%, bringing it below $11 […]
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Comcast, Disney move up deadline to decide Hulu future ownership
Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The timeline to decide Hulu’s ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday. Comcast and Disney are set to begin those discussions on September 30, months earlier than the initial January 2024 deadline. The talks will include an appraisal process. […]
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Trump suffers massive loss in E. Jean Carroll defamation situation, judge says he is liable
E. Jean Carroll, previous U.S. President Donald Trump rape accuser, comes at Manhattan Federal Court docket for the continuation of the civil scenario, in New York Town, May well 9, 2023. Brendan McDermid | Reuters A federal decide on Wednesday ruled that Donald Trump is liable for defamatory statements he made about the author E. […]
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The generative AI boom should have been Appen’s time to shine. Here’s what went wrong
Jonathan Raa | Nurphoto | Getty Images Mike Monegan saw the writing on the wall in January. For weeks, he’d had difficulty sleeping. As vice president of product management for Australian artificial intelligence software vendor Appen, Monegan and many of his colleagues had been doing their best to keep things afloat as tech behemoths slashed […]
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A record 73 million Americans plan to bet on the NFL this season, survey says
Buffalo Bills quarterback Josh Allen (17) runs the ball during the AFC Divisional Round playoff game against the Kansas City Chiefs on January 23rd, 2022 at Arrowhead Stadium in Kansas City, Missouri. William Purnell | Icon Sportswire | Getty Images As legalized sports gambling expands across the U.S., a record 73.5 million Americans plan to […]
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Qualcomm CEO states AI may perhaps breathe new lifestyle into smartphones: ‘It could generate a new up grade cycle’
Qualcomm Inc. President and CEO Cristiano Amon speaks through the company’s push event for CES 2022 at the Mandalay Bay Convention Centre on January 4, 2022 in Las Vegas, Nevada. CES, the world’s premier once-a-year shopper technology trade clearly show, is staying held in man or woman from January 5-7, with some organizations choosing to […]
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Airlines warn about spike in gas expenditures, Southwest narrows profits outlook
A chook flies by in the foreground as a Southwest Airlines jet arrives in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Visuals Significant U.S. airways warned about a spike in jet-gas rates, incorporating to charges through the chaotic summer time vacation season. Jet-gasoline […]
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Turkey hikes inflation look at on route to plan orthodoxy
Turkish President Recep Tayyip Erdogan speaks throughout the start of Medium Time period Programme at the Presidential Sophisticated in Ankara, Turkiye on September 06, 2023. Anadolu Agency | Anadolu Agency | Getty Images Turkey jacked up its inflation anticipations and slash that of economic progress on Wednesday, as it seeks to consider a more orthodox […]
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NFL games are shifting away from traditional TV. Are you ready to stream some football?
Aaron Rodgers, #8 of the New York Jets, warms up prior to the game against the New York Giants at MetLife Stadium in East Rutherford, New Jersey, Aug. 26, 2023. Mike Stobe | Getty Images On any given Sunday, there will be more National Football League games available on streaming services than ever before — […]
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