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World & Business
The company plans to revamp internet sales and lean more on mobile and video to attract and retain customers.
World & Business
Kraft Heinz's move comes amid Cahillane's turnaround effort.
World & Business
The central bank's new markets panel includes Citi, Morgan Stanley and SBI as members.
World & Business
The deal spared Snap its expected first teen-harm trial, where CEO Evan Spiegel had been expected to testify.
World & Business
Reuters reports jury selection had begun and the trial was expected to proceed against Snapchat parent Snap alone.
World & Business
The Financial Times reports Weil said it would serve clients during a proposed wind-down; partners are expected to vote.
World & Business
The Financial Times identifies Nvidia, AMD and Broadcom as prospective cornerstone investors in the financing plan.
Technology
CNBC reports the offerings cover common and convertible preferred stock as Meta ramps up spending on data centers.
AI
A post says Meta’s offering splits into $22.5B in common stock and $12.5B in convertible preferred shares.
Technology
Reuters reports millions of bank customers lost access to key financial services for hours during Tuesday's outage.
World & Business
The Associated Press reports Meta plans to appeal the jury's verdict, potentially reducing the penalty.
Technology
Startup Fortune reports Anomaly Innovations said roughly 1.4% of OpenCode Console users were affected.
World & Business
Reuters reports the states allege ChatGPT harmed children and that OpenAI misrepresented the chatbot’s safety.
AI
CNBC, citing Reuters, says the prospectus devotes 80 pages to AI risks, compared with 48 pages on business plans.
AI
David Robinson argues OpenAI’s trial-and-error safety culture is inadequate for increasingly capable AI systems.
Technology
Reuters reports that Anthropic’s IPO filing identifies potential conflicts of interest in Broadcom’s roles as supplier and financing partner.
AI
Cohere says the combined company will operate globally under its name and grow to more than 1,000 employees on both sides of the Atlantic.
AI
Reuters reports that the companies said they resolved a lawsuit alleging Apple conspired to monopolize markets for smartphones and generative AI chatbots.
