Apple Delays AI Features, Abbott Shares Plunge 7% After $495M Fine, Philips Soars 10%

Apple (NASDAQ:AAPL) – The new artificial intelligence features of Apple, set to be released with iOS 18 and iPadOS 18, will be available only a few weeks after the updates in September...

Alphabet Unveils AlphaProof and AlphaGeometry 2; OpenAI Tests SearchGPT; Apple Loses Market Share in China

Alphabet (NASDAQ:GOOGL) – Google announced two new AI systems, AlphaProof and AlphaGeometry 2, which have demonstrated advances in solving complex mathematical problems, outperforming...

NBA Signs $77 Billion Broadcast Deal, CrowdStrike Criticized for Insufficient Reward, Honda Shuts Down Chinese Factory

Warner Bros Discovery (NASDAQ:WBD), Walt Disney (NYSE:DIS), Comcast (NASDAQ:CMCSA), Amazon (NASDAQ:AMZN) – The NBA signed an 11-year, $77 billion contract with Disney, NBCUniversal...

Meta Unveils Llama 3 AI Model, Elon Musk’s X Poll Backs Tesla’s $5B xAI Investment, and More

Meta Platforms (NASDAQ:META) – Meta launched the Llama 3 AI model, with 405 billion parameters, surpassing the previous version in language, coding, and math. Despite being smaller than...

Johnson Controls Division Sold for $8 Billion; Alphabet’s Offer Rejected by Wiz; AMD President Announces Retirement

Johnson Controls (NYSE:JCI), Robert Bosch GmbH (TG:R1WE) – Robert Bosch GmbH plans to buy Johnson Controls’ heating and ventilation division for $8 billion, expanding its operations...

Berkshire Sells BofA Holdings, Ryanair Shares Drop 12%, Delta Still Struggling After IT Disruption

Berkshire Hathaway (NYSE:BRK.A), Bank of America (NYSE:BAC) – Berkshire Hathaway sold 33.9 million Bank of America shares for approximately $1 .48 billion. After the sale, it still owns...

Form 8-K - Current report

The Walt Disney Company Announces Departure of Board Director Safra A. Catz

The Walt Disney Company (NYSE: DIS) announced today that Safra A. Catz, Chief Executive Officer of Oracle Corp., is departing its Board of Directors after six years of distinguished service...