Latest in Companies Erasing
Sort by
119 items
-
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.The New York Times - 3d -
Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave has found a big market in selling Nvidia's popular AI processors, but the company has a challenging story to sell to public investors.CNBC - 3d -
23andMe bankruptcy: With America's DNA put on sale, market panic gets a new twist
Genetic testing company 23andMe's bankruptcy has led to a new consumer privacy issue: what happens to the DNA of millions of Americans when it goes on sale?CNBC - 2d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 2d -
Min Woo Lee, sister Minjee become third brother-sister duo to win on PGA Tour, LPGA
Min Woo's win helped the Lees join some exclusive company. They became the third brother-sister duo to win both a PGA Tour and LPGA event.Yahoo Sports - 1d -
Restaurant chain to shut 2,000 branches after rat found in soup
Sukiya will temporarily shut nearly all of its roughly 2,000 branches after a rat was found in a miso soup and a bug in another meal, the company said.CBS News - 1d -
Chelsea report £128m profit after selling women's team
Chelsea report a £128.4m profit in their latest financial results for the year ending June 2024, having sold their women's team to a parent company.BBC News - 1d -
Vaccine stocks fall after key FDA official resigns in protest of RFK Jr.
Shares of Moderna, Novavax and other biotech companies fell after FDA official Peter Marks's resignation in protest of Robert F. Kennedy Jr.CNBC - 1d -
CoreWeave shares slump nearly 10% in second day of trading
CoreWeave rents out access to Nvidia graphics processing units to other large tech and AI companies including Meta, IBM and Cohere.CNBC - 1d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 1d -
Do Tesla’s Woes Signal a Nearing End to DOGE?
Remarks by the president and others by Elon Musk, indicate the Tesla CEO may need to leave DOGE and focus on reversing his company’s sliding fortunes.Inc. - 19h -
Rory McIlroy joins Tiger Woods as only golfers with $100 million in career earnings on PGA Tour
Until Sunday, Tiger Woods was the only golfer in the history of the PGA Tour to surpass $100 million in career earnings. Now he has company.Yahoo Sports - 15h -
Mar 24: CBS News 24/7, 1pm ET
Federal appeals court reviewing Trump's use of Alien Enemies Act for deportation flights; Tech company aims to produce space-grown diamonds.CBS News - 16h -
As retaliatory tariffs mount, recyclers worry what goes around, comes around
Some metal recycling companies stand to benefit from Trump’s steel and aluminum duties, but they fear any boost could be blunted by foreign countermeasures.NBC News - 12h -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon
Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...ABC News - Mar. 21 -
Nintendo Is Changing the Way Digital Games Work
During its Nintendo Direct event Thursday, the company revealed “Virtual Game Cards,” which will allow players to share games or play across multiple systems. It also teased Metroid Prime 4: Beyond.Wired - 5d -
Jen Salke to step down from her role at Amazon MGM Studios
Jen Salke, head of Amazon MGM Studios, will step down from her role, according to an internal email from the company. She will start her own production entity.Los Angeles Times - 5d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 4d -
Turkish opposition leader calls for weekly rallies and deeper economic boycott
Özgür Özel expands call to boycott companies perceived as close to President Recep Tayyip Erdoğan. Turkey’s anti-government protesters are weighing their options, amid calls by the main opposition ...The Guardian - 2d -
The Danish island of seaweed cottages, salt and seafood
The remote North Sea isle of Læsø is world-famous for the gastronomic delights that come from its waters – so the best way to explore it is in waders. After just 10 minutes in the company of ...The Guardian - 2d -
An AI Image Generator’s Exposed Database Reveals What People Really Used It For
An unsecured database used by a generative AI app revealed prompts and tens of thousands of explicit images—some of which are likely illegal. The company deleted its websites after WIRED reached out.Wired - 2d -
China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologiesABC News - 1d -
Amazon's Nova AI agent launch puts it up against rivals OpenAI, Anthropic
Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and other companies that ...NBC News - 1d -
Tariffs on Screws Tighten Small Business Margins
New 25 percent levies on imported aluminum and steel materials have driven up the prices of nails, bolts, screws, and other fasteners many U.S. companies use by the millions every year.Inc. - 1d -
Betsy Riley Will Lead NBC’s Primetime Olympics Show
Looks like NBC’s new pop-culture primetime Olympics show is becoming permanent. NBC Sports said Monday that it had lured Betsy Riley, a one-time NBC Sports veteran, to return to the company from ...Yahoo Sports - 1d -
Wall Street banks got meager payout from CoreWeave IPO
After waiting over three years for a billion-dollar-plus IPO from a U.S. tech company, Wall Street's top banks only got a 2.8% fee.CNBC - 1d -
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group ...NBC News - 1d -
OpenAI to release open-source model as AI economics force strategic shift
OpenAI plans to release its first open-weight AI model since 2019 as economic pressures mount from competitors like DeepSeek and Meta, marking a significant strategic reversal for the company ...VentureBeat - 1d -
Caity Simmers and John John Florence Join Forces on Veia Supplies
The two reigning champs now ride for the same small, rider-owned surf accessories company. Today, Veia Supplies announced it had signed 2024 world title winner Caity Simmers to its team, and will ...Yahoo Sports - 1d -
Trump makes history by pardoning a corporation
Companies involved in financial crimes don’t have to worry about accountability under this president, as least when it comes to crypto, for reasons that he has no incentive to ever make known.The Hill - 20h -
Bethesda And ZeniMax Union Votes To Authorize A Strike
After two years of contract negotiations with parent company Microsoft, ZeniMax Workers United members have voted in overwhelming favor to authorize a strike. The union announced the news earlier ...GameSpot - 16h -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 15h -
Meta's head of AI research stepping down
The head of Meta’s artificial intelligence research division said she plans to step down, vacating a high-profile position at the parent company of Facebook and Instagram at a time of intense ...ABC News - 14h -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 13h -
Nightdive Studios Wants To Start Remastering PS3 And Xbox 360 Games
Nightdive Studios, a company known for efforts in updating and preserving outdated video games, has revealed that it would like to start remastering games from the PS3 and Xbox 360 era.. In an ...GameSpot - 15h -
Disney plans to vacate storied Fox lot in Century City by year's end
Disney's lease for space on Fox's Pico Boulevard compound in Los Angeles expires next March. The company has no plans to renew its lease and plans to vacate by year's end, Disney insiders said.Los Angeles Times - 12h -
Gannon wrestling boasts twin national powers. Sierra Chiesa commitment will only help
Gannon University has maintained a stalwart NCAA men's wrestling program and a women's team surging toward elite company. The commitment of Erie County legend Sierra Chiesa will only help.Yahoo Sports - 2h -
Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign automakers ...The Hill - 1h
