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WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - Business -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
An Industry Veteran Drew on Family History to Create a Brand
Neil Duckworth designs watches that have a distinctly vintage feel at a price “I would spend myself.”The New York Times - Lifestyle -
2024 Porsche Macan: A Big Step in EV Tech
The all-electric successor to the Macan compact SUV, the most popular model in Porsche’s lineup, is built on an upgraded EV platform—and now feistier than ever.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Find insights on Bumble, L3Harris, Pearson, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
China Telecom, Bilibili and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
Legislation banning TikTok is coming this week. How will it affect the music industry?
While the legislation would have profound impacts across the tech, political, entertainment, media and marketing worlds, music may be hit especially hard.Los Angeles Times - Entertainment - Tiktok -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
As ketamine therapy booms, industry insiders worry about patient safety
Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.MarketWatch - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - Business -
Why is Oracle moving to Nashville? Because this one industry is thriving there.
The town known as Music City is striking a chord as a tech hub, and Oracle Corp. is about to join the chorus.MarketWatch - Business -
US has seen evidence of attempts by China to influence election, says Blinken
Secretary of state met Xi Jinping in Beijing and warned of sanctions over China’s support for Russian arms industry. Washington has seen evidence of attempts by Beijing to “influence and arguably interfere” in this year’s US elections, the ...The Guardian - World - China -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.CNBC - Business -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant.
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings.NBC News - Top stories -
Facility seen polluting part of anti-pollution program promoted by plastics industry
A plastics facility accused of polluting a Malaysian river is tied to Operation Clean Sweep, an anti-pollution program promoted by the U.S. plastics industry.ABC News - Top stories -
Designing for the future of business and tech: Tailor Brands and Dotz take charge
CONTRIBUTOR CONTENT: Innovation serves as a key ingredient in designing the future and shaping the world humanity inhabits. It stands as the driving force behind progress, continually pushing boundaries and challenging norms. Through innovation, ...VentureBeat - Tech -
Lawsuit vs. ex-Texas Tech guard Isaacs dismissed
A civil lawsuit that accused former Texas Tech basketball player Pop Isaacs of sexually assaulting a 17-year-old girl during a team trip to the Bahamas in November has been dismissed, according to attorneys for both sides.ESPN - Sports -
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 -
TikTok Broke the Tech Law Logjam. Can That Success Be Repeated?
For years, federal lawmakers have tried to pass legislation to rein in the tech giants. The TikTok law was their first success.The New York Times - Tech - Tiktok -
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TikTok Broke the Tech Law Logjam. Can That Success Be Repeated?
For years, federal lawmakers have tried to pass legislation to rein in the tech giants. The TikTok law was their first success.The New York Times - Top stories - Tiktok -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.CNBC - Business -
OpenAI's Sam Altman and Other Tech Leaders to Serve on AI Safety Board
The panel will advise the Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure.The Wall Street Journal - Tech -
Tech Spending Still Proves Thorny for Some Advertising Companies
A slower pace of business in the technology sector continued to weigh on some ad holding companies in the first quarter, but things might be looking up.The Wall Street Journal - World -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
What do weight loss drugs mean for a diet industry built on eating less and exercising more?
New weight loss drugs are reshaping a dieting industry built on eating less and exercising moreABC News - Health -
Cost of developing new drugs may be far lower than industry claims, trial reveals
Exclusive: MSF calls for transparency after its bill for a trial of TB treatment came to a fraction of the billions claimed by pharmaceutical companies. Doctors have for the first time released details of their spending on a major clinical trial, ...The Guardian - World -
Exclusive: Visa’s CIO shares insights on generative AI’s transformative potential in payments industry
Visa's CIO Don Hobson shares his vision for how generative AI will revolutionize the global payments landscape, from enhanced fraud detection to greater financial inclusion.VentureBeat - Tech -
Finding bird flu in dairy cows means ‘turbulent times ahead’ for livestock industry
News that the U.S. government detected the bird flu virus in milk samples from sick cows in a number of states caught the attention of traders in dairy and livestock markets this week, and may eventually present a dilemma for consumers.MarketWatch - Business -
Realtors spend record $14.7 million on first-quarter lobbying as shakeup hits the real-estate industry
The National Association of Realtors scaled up its Washington lobbying effort in this year’s first quarter, according to disclosures.MarketWatch - Business