Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than no deal at all? Skydance has made a unique pitch to Paramount Global’s special committee, in charge of accepting or …
Jason Gorevic, CEO, Teladoc Scott Mlyn | CNBC Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company effective immediately, according to a release. The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as …
An electric vehicle of the model Y is pictured during the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. – US electric car pioneer Tesla received the go-ahead for its “gigafactory” in Germany on March 4, 2022, paving the way for production …
(L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Drew Angerer | Getty Images Disney shareholders on Wednesday reelected the …
The health technology company Prenosis on Wednesday announced its artificial intelligence-powered diagnostic tool for sepsis is the first to receive approval from the U.S. Food and Drug Administration. Sepsis occurs when the body has an extreme response to an infection, and it is often deadly. More than 350,000 adults with …
U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024. Kevin Lamarque | Reuters Intel shares fell 4% at one point in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, commonly called the foundry business, in a …
Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index fund manager Vanguard, plans to support management over Nelson …
What to know about AT&T data breach impacting millions of current, past customers – CBS News Watch CBS News AT&T confirms that data for tens of millions of current and former account holders has been found on the dark web after a massive data breach. CBS News senior business and …
Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That first time, the executive was …
Many tech companies are rapidly developing infrastructure for artificial intelligence as they compete for dominance in this red-hot market. AI is very power-intensive — and its power needs are only set to rise in the coming years. But that also means there’s an investment opportunity in the utility sector. Morgan …
