The Writers Guild of America, which has been on strike with major Hollywood studios since May 2, said the latest offer from the media companies doesn’t go far enough on issues such as the use of artificial intelligence and access to viewer data on streaming services.
Nvidia Corp., the chipmaker at the forefront of an industrywide artificial intelligence race, delivered a third-straight revenue forecast that surpassed Wall Street’s estimates. But a broader market rout, spurred by interest rate fears, quashed a rally by the stock.
A rally in Big Tech sputtered as bond yields rose, with traders weighing remarks from a batch of Federal Reserve officials for clues on the outlook for interest rates ahead of Jerome Powell’s speech on Friday.
The timing for Arm Ltd.’s return to the public markets couldn’t get much better.
Walmart Inc. is planning its longest drone deliveries yet by teaming up with Alphabet Inc.’s Wing unit at two Dallas-area stores.
Hugging Face Inc., a startup that makes artificial intelligence software and hosts it for other companies, said it has been valued at $4.5 billion after raising $235 million in funding.
Apple Inc.’s Beats by Dre has made its largest investment in name, image and likeness (NIL) deals with college athletes to date, signing 15 college players and expanding an effort that began with a few individual deals.
Mastercard Inc. will end its card partnership with Binance Holdings, the biggest crypto exchange that’s been dogged by legal issues.
US stocks erased early gains after a rally in Big Tech sputtered as bond yields rose, with traders weighing remarks from a batch of Federal Reserve officials for clues on the outlook for interest rates ahead of Jerome Powell’s speech on Friday.
Sony Interactive Entertainment is buying audiophile gear maker Audeze LLC in a bid to advance the sound experience of its PlayStation products.
