Media Archives - Page 14 of 806

3 minute read

‘You Were A Billionaire:’ Did Roaring Kitty Actually Hit 10 Figures With GameStop Stock Holdings? It’s Complicated

June 11, 3:59 AM

According to market tracker Unusual Whales, "briefly last week, it appeared possible for Gill to become a billionaire if GameStop [GME] held above $65."

GME

3 minute read

2,000 Cans ‘Smashd,’ Mixoloshe Rebrands On Heels Of Wild Marketing Campaign

By Anthony Noto

June 10, 2:00 PM

Smashd gets a running start on Instagram after a clever Mixoloshe intern led a viral ad campaign that inspired a complete rebranding.

OTLY

2 minute read

Paramount’s Parent Attracts Bids from Bronfman Jr and Steven Paul

By Anusuya Lahiri

June 10, 1:45 PM

Paramount Global's National Amusements, controlled by Shari Redstone, is attracting interest from former exec Edgar Bronfman Jr. and Hollywood producer Steven Paul, as it faces challenges and potential mergers. Warren Buffett sold its stake, while Sony and Apollo were previously interested. Stock trading lower.

APO

2 minute read

Meta To Use European Social Media Data For AI Training: Report

By Shivani Kumaresan

June 10, 1:37 PM

Meta Platforms reportedly plans to use public social media content from Europe to train its AI models. This move aligns its data policies in Europe with other regions. Meta aims to employ publicly shared content from Instagram and Facebook, overcoming previous hesitations due to EU privacy regulations.

Stellantis’ Chrysler Recalls Certain Dodge & Ram Trucks Due To Software Glitch

By Lekha Gupta

June 10, 1:15 PM

Chrysler recalls over 211,000 vehicles in the US due to software issue that could disable electronic stability control.

STLA

1 minute read

Alibaba Claims Its New AI Model Beats Meta’s Llama 3, Promising Major Advancements

By Anusuya Lahiri

June 10, 12:58 PM

Alibaba updates AI models, claims they surpass Meta's Llama 3. Also expands cloud computing and implements AI tools on B2B platform.

AIQ

2 minute read

Taiwan Semi and Foxconn Guide Global Supply Chain Shifts, Attract Key Industry Players

By Anusuya Lahiri

June 10, 12:53 PM

TSMC and Foxconn are leading the global supply chain shift in response to political and business changes, expanding to key automotive hubs and investing in chip-making capacity.

AAPL

2 minute read

Qualcomm And Arm’s Legal Dispute Threatens New AI Laptop Shipments: Report

By Shivani Kumaresan

June 10, 12:46 PM

A two-year legal battle between Qualcomm and Arm Holdings could disrupt the launch of AI-powered PCs. Industry experts at Computex expressed concerns that the contract dispute might halt shipments of new laptops.

AMD

1 minute read

Volvo Car Shifts EV Production To Belgium From China As EU Tariff Threat Looms: Report

By Shivani Kumaresan

June 10, 11:22 AM

Volvo Car AB is reportedly shifting its Chinese-made EV production to Belgium due to looming EU tariffs on China-made vehicles. The move includes the assembly of EX30 and EX90 models, as well as some U.K.-bound units. Owned by Zhejiang Geely Holding, Volvo Car faces significant tariff exposure. The EU's decision on provisional tariffs is expected this week.

GELYY

2 minute read

What’s Going On With Costco Shares Today?

By Lekha Gupta

June 10, 10:28 AM

Costco recently reported strong sales growth in May, with comparable sales up and surpassing earnings estimates. Investors can access stock through XLP and FSTA ETFs.

COST