Disney CEO Bob Iger tells employees he wants to start building again during town hall
Disney CEO Bob Iger told employees he looks forward to building again after cuts and “fixes” defined 2023.
Amazon announces new AI chip as it deepens Nvidia relationship
AWS will host a computing cluster for Nvidia to use. Simultaneously, AWS announced a new chip for training AI models, an Nvidia GPU alternative.
Fed’s Waller expresses confidence that policy is in the right place to bring down inflation
He pointed out a variety of areas where progress has been made, suggesting the Fed at least won’t need to hike rates further from here.
Activist pressure increases on Twilio after Anson takes stake
Activist investor Anson Funds is pushing for a sale or business divestiture at Twilio after building a stake in the enterprise software company.
Amazon touts ‘record-breaking’ sales in kickoff to holiday shopping season
The company said the period of Nov. 17 to Cyber Monday marked its “biggest ever” holiday shopping event compared to the same 11-day stretch last year.
Amazon wants businesses to use its palm-scanning tech to let employees into the office
Amazon is pitching the palm-based service as a way for employees to swipe their hand to enter an office or to access sensitive company data
Binance founder Changpeng Zhao ordered by judge to stay in U.S. ahead of prison sentencing
A federal judge on Monday ordered Binance ex-CEO Changpeng Zhao to remain in the U.S. at least temporarily after his guilty plea last week.
Trump will be final defense witness at New York fraud trial, lawyer says
Attorneys for Donald Trump also argued that he is not to blame for threats received by Manhattan Supreme Court Judge Arthur Engoron and his principal law clerk.
S&P 500 to reach record 5,100 next year, fueled by bumper corporate profits, BMO says
The investment bank forecasts the S&P 500 will reach an all-time high of 5,100 in 2024.
iRobot shares plunge 17% after EU warns Amazon deal ‘may restrict competition’
The European Commission said it found that Amazon may have the ability to prevent or degrade iRobot rivals’ access to its online site.
