Disney versus Nelson Peltz vote hinges on Vanguard, State Street, institutional investors
The Disney proxy fight pits Trian Partners’ Nelson Peltz against the board and CEO Bob Iger.
Tesla first-quarter deliveries were a ‘disaster’ and may mark turning point, Wedbush’s Dan Ives says
Ives, a longtime optimist about the automaker and its CEO Elon Musk, delivered a harsh review of the delivery results on Tuesday.
BYD hands back top EV seller title to Tesla after Q1 sales decline
BYD, China’s biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world’s biggest EV seller to Tesla after winning it last year.
Comedian Jon Stewart says Apple asked him not to interview FTC Chair Lina Khan
Jon Stewart on Monday said Apple asked him not to interview FTC Chair Lina Khan while he was working with Apple TV+.
US, Britain announce partnership on AI safety, testing
The U.S. and Britain signed a memorandum of understanding in Washington to jointly develop advanced AI model testing.
Mike Lynch-backed legal tech startup Luminance raises $40 million, capitalizing on AI hype
Legal tech firm Luminance has raised $40 million in a venture round backed by U.S. venture fund March Capital, the company told CNBC exclusively.
Three 12-year-olds wounded in Finland school shooting, child suspect held
A 12-year-old child shot and wounded three other 12-year-olds at a school in Finland on Tuesday and the suspect was taken peacefully into custody, police said.
Singapore convicts first suspect in record money laundering case
Su Wenqiang was one of 10 people of Chinese origin arrested in a major money laundering scandal that has rocked the Southeast Asian city-state.
CNBC Daily Open: Fights in Mickey’s club house
Walt Disney is confronting investor activism and a succession race.
Swiss banking giant UBS to launch share buyback of up to $2 billion
UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of that total expected to take place this year.
