Meta Technology Chief Bosworth Implies Company Has Lost Focus
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As Alphabet follows Meta with a dividend, the pressure is now on Amazon
Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spendingMarketWatch - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Meta’s A.I. Assistant Is Fun to Use, but It Can’t Be Trusted
Despite Mark Zuckerberg’s hope for the chatbot to be the smartest, it struggles with facts, numbers and web search.The New York Times - Tech -
EU to probe Meta over handling of Russian disinformation
Regulators set to express concern over insufficient moderation of political ads that risk undermining electoral processFinancial Times - Business - European Union -
Federal auto-safety regulators are examining the adequacy of Tesla's recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.
Federal auto-safety regulators are examining the adequacy of Tesla’s recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.The Wall Street Journal - World -
Ukraine to increase long-range strikes in Russia, says UK defence chief
Admiral Sir Tony Radakin tells the FT fresh military aid will help Kyiv reshape ‘difficult’ land fight against MoscowFinancial Times - Business - Ukraine -
Barclays chief calls for return of UK equity risk culture
British bank reports 13% decline in quarterly profits but still beats analysts’ expectationsFinancial Times - Business - United Kingdom -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
LSE Group investors back doubling chief’s pay to US levels
David Schwimmer could earn up to £13.1mn this year and become one of the best-paid FTSE 100 executivesFinancial Times - Business -
Mexico's chief detective apologizes for saying his country is the 'champion' of fentanyl production
The head of Mexico’s detective service has apologized for saying his country is “the champion” of fentanyl and meth productionABC News - World -
Chiefs trade up with Bills, pick speedy WR Worthy
The Chiefs traded up four spots with the Bills on Thursday to pick Texas wide receiver Xavier Worthy, who set a scouting combine record when he ran a 4.21 in the 40-yard dash.ESPN - Sports - NFL -
Resignation of Vietnam’s Parliament Chief Stirs Fresh Political Chaos
Vuong Dinh Hue’s departure comes amid a growing anticorruption push and weeks after Vietnam’s president resigned.The New York Times - World -
Brandon Beane on trade with Chiefs: Didn't matter to us who they were picking
Bills fans hoping to see their team take a wide receiver at No. 28 on Thursday night might have been disappointed when they heard the team would be trading the pick and, judging from the social media reaction, they were more than disappointed by ...Yahoo Sports - Sports -
Air Canada apologizes after headdress of First Nations chief removed to hold
Politicians decry ‘shameful’ incident on domestic flight in which Cindy Woodhouse Nepinak’s headdress was taken by airline staff. Canada’s largest airline has apologized to a prominent First Nations chief after her ceremonial headdress was removed ...The Guardian - World -
Paramount Chief Executive Bob Bakish Could Be Out Next Week
He was once a staunch ally of the company’s biggest owner, Shari Redstone, but the relationship soured in recent months.The New York Times - Business -
Paramount Chief Executive Bob Bakish Could Be Out Next Week
He was once a staunch ally of the company’s biggest owner, Shari Redstone, but the relationship soured in recent months.The New York Times - Top stories -
Russian defence chief suffers blow in Moscow power games
Sergei Shoigu’s fortunes seem to be turning after deputy is detained on corruption allegationsFinancial Times - World - Russia -
Russian defence chief suffers blow in Moscow power games
Sergei Shoigu’s fortunes seem to be turning after deputy is detained on corruption allegationsFinancial Times - Business - Russia -
Russian defence chief suffers blow in Moscow power games
Sergei Shoigu’s fortunes seem to be turning after deputy is detained on corruption allegationsFinancial Times - Business - Russia -
Paramount Global chief Bob Bakish exits amid scramble to agree merger
Bakish’s departure confirmed as Paramount continues talks with Skydance Media over proposed tie-up. The boss of Paramount Global, the media empire behind CBS, MTV and Channel 5, is leaving with immediate effect as its owners scramble to finalize a ...The Guardian - World -
Paramount Chief Executive Bob Bakish Could Be Out Next Week
He was once a staunch ally of the company’s biggest owner, Shari Redstone, but the relationship soured in recent months.The New York Times - Business -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.The New York Times - Business -
Fifa announces deal with Saudi oil company Aramco
Fifa has announced a partnership with Saudi Arabia's state-owned oil company, Aramco.BBC News - Top stories -
The National Enquirer’s Parent Company Struggles To Find A Buyer
The parent company of The Enquirer, the tabloid now famous for its ties to former President Donald J. Trump, has tried repeatedly to sell the publication. It hasn’t been easy.The New York Times - Top stories -
Boeing Crash Families Urge U.S. to Prosecute the Company
Financial losses continue to increase as some survivors of two 737 crashes say the company should face criminal fraud charges.Inc. - Business -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Game company puts new spin on virtual tennis
First there was "Tennis for Two," then Atari's "Pong." Tennis has been a popular subject for video games for decades. Now, gaming company 2K Games is putting a unique spin on the classic game with "Topspin Tennis," which features real-life ...CBS News - Top stories -
After TikTok, ban these four other Chinese companies
The White House and Congress should ban four additional Chinese companies, and others like them.The Hill - Politics - Tiktok -
5 companies create a quarter of plastic pollution: Study
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Five companies create a quarter of plastic pollution: Study Five companies are responsible for a quarter of all plastic waste ...The Hill - Politics -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
Facebook parent claims Llama 3 takes a fresh step towards human-level intelligenceFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business