Letterboxd explores potential sale
Letterboxd is holding early-stage meetings with potential buyers, including Netflix, Sony Pictures, and Paramount. The social platform for film fans,...
Business
Coverage of acquisitions, investments, partnerships, IPOs, and corporate strategy.
PC shipments drop for the first time in two years
Worldwide PC shipments fell nearly 5% to 68.2 million units this quarter, marking the first decline in two years. The...
Waymo is going fully autonomous in four new cities.
The Alphabet-owned company will remove human supervisors from its vehicles in Denver, San Diego, Las Vegas, and Tampa. Initial operations...
US Eyes Restrictions on Chinese AI
The US government is considering limits on American companies using Chinese-made AI models, citing national security and censorship concerns. Officials...
Supreme Court Allows Texas Age Verification Law
The Supreme Court has declined to block Texas from enforcing its age verification law for mobile apps. The mandate requires...
OpenAI Proposes 5% Government Stake
OpenAI CEO Sam Altman has reportedly discussed giving the US government a 5% equity stake in the company. The proposal...
Ford Recalls Veteran Engineers After AI Quality Failures
Ford has rehired over 350 veteran engineers, internally dubbed "gray beards," to address persistent issues with its automated quality-control systems....
Visa, Mastercard, and Coinbase back new Open USD stablecoin
A consortium of over 140 companies, including Visa, Mastercard, and Coinbase, has launched Open Standard to introduce a new dollar-pegged...
Rocket Lab to Acquire Iridium for $8 Billion
Rocket Lab has entered a definitive agreement to acquire satellite communications provider Iridium in a cash and stock transaction valued...
Polestar to exit US market for new models
Polestar will stop selling new vehicle models in the US starting with the 2027 model year. The US Department of...
