News Highlights: Top Company News of the Day
May 30 2023 - 09:30AM
Dow Jones News
Why Microsoft's $75 Billion Bid for Activision Hinges on Call of Duty
Regulators worry the popular videogame franchise is so crucial
to attract hard-core gamers that it could be used to dominate cloud
gaming.
Goldman Executive Dina Powell McCormick Departs
The Wall Street veteran is set to assume the newly created roles
of vice chairman and president of global client services at BDT
& MSD Partners, a merchant bank run by former Goldman
bankers.
Fast Fashion's Curious Comeback
Shein is getting buzz, but how sustainable is fast fashion as a
business model?
Theranos Founder Elizabeth Holmes Is Expected to Enter Prison Tuesday
The entrepreneur faces an 11-year prison term after her
conviction for defrauding the blood-testing company's
investors.
The AI Boom Runs on Chips, but It Can't Get Enough
A shortage of the kind of advanced chips that are the lifeblood
of new generative AI systems has set off a race to lock down
computing power and find workarounds.
How AI Is Catapulting Nvidia Toward the $1 Trillion Club
The company's chips are leaders in processing the complex
calculations driving the latest internet revolution.
Hyundai, Kia Thefts Continue Months After Fix
The automakers rolled out a software update in February aimed at
stopping a surge in vehicle thefts, but the problem continues to
plague car owners.
Disney's 'Little Mermaid' Tops Weekend Box Office
Domestic sales for the remake fell in the middle of the studio's
recent live-action redos of animated classics.
China's C919 Takes Maiden Commercial Flight-and First Bite From Boeing
Despite backing from top leaders and a ready-made market for its
planes, manufacturer Comac faces a steep path to success.
Wall Street's Next Big Play Is Garbage
The green push by the U.S. and state governments is turning
trash into treasure and boosting the firms that handle America's
garbage.
(END) Dow Jones Newswires
May 30, 2023 09:15 ET (13:15 GMT)
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