Former U.S. President Donald Trump attends the closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York City, U.S., January 11, 2024. Shannon Stapleton | Reuters A New York judge on Friday ordered Donald Trump to pay The New York Times and three … Read more
The Google headquarters in Mountain View, California, Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will impact employees within Google’s hardware … Read more
Do AI companies need to pay for the training data that powers their generative AI systems? The question is hotly contested in Silicon Valley and in a wave of lawsuits levied against tech behemoths like Meta, Google, and OpenAI. In Washington, DC, though, there seems to be a growing consensus that the tech giants need … Read more
Screenshot of the TheMessenger website. Source: TheMessenger The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in jeopardy. CNBC has obtained … Read more
Picture Alliance | Picture Alliance | Getty Images It’s the third act of the streaming wars. That’s the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including Disney, Warner Bros. Discovery, Comcast and Paramount Global … Read more
People walk past a billboard advertisement for YouTube in Berlin, Germany, on Sept. 27, 2019. Sean Gallup | Getty Images YouTube is taking steps to fight against medical misinformation, especially when it comes to finding immediate tips on how to handle an emergency. The company on Wednesday introduced a feature called First Aid Information Shelves, … Read more
Nick Laham | Getty Images The National Football League offered voluntary buyouts to at least 200 employees as it gears up for start of the playoffs this coming weekend, according to a memo obtained by CNBC. The NFL, which has about 1,100 employees, told staff that it is “continuously evaluating ways to enhance efficiency and … Read more
NEW YORK — Prominent Muslim journalist Mehdi Hasan has decided to quit MSNBC rather than accept a demotion that saw him lose a regular Sunday night program on the network. Hasan announced at the end of Sunday show that “I’ve decided to look for a new challenge. This is not just my final episode of … Read more
The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash … Read more
Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year-over-year for the first week of January, while competitors like Xiaomi and Huawei have “remained much stronger” with flat sales, according to … Read more
