(Reuters) – Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as the media and broadband company looks to retain subscribers in the face of stiff competition. The new bundle, StreamSaver, will be available to all its broadband, TV and mobile subscribers and at a “vastly reduced…
By Anton Bridge TOKYO (Reuters) – Japanese technology investor Softbank Group believes it has an advantage over smaller rivals because it can leverage its entire $183.6 billion portfolio to help it build an ecosystem of firms that can employ artificial intelligence, a top executive said on Monday. “Because of the size of our platform, we’re…
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal,…
By Ananya Mariam Rajesh (Reuters) – CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on growth in prestige and mass-market perfumes. Its decision to sell the Lacoste license back to Lacoste resulted in a 2% impact on net…
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft’s Cortana virtual-assistant software infringed an IPA patent. The jury agreed with IPA after a week-long trial that Microsoft’s voice-recognition technology violates IPA’s patent rights in computer-communications software. IPA is…
WASHINGTON (Reuters) – U.S. Senator Mark Warner is attempting to assemble a group of Democratic senators to ask Joe Biden to exit the presidential race after last week’s debate performance, the Washington Post reported on Friday, citing two unidentified people with knowledge of the effort. Warner, the chair of the Senate Intelligence Committee, earlier this…
Since the first mainstream media coverage on the growth of Artificial Intelligence (AI), investors have paid close attention to this rapidly growing new industry. Investors are closely monitoring AI-related stocks, hoping to capitalize on this potent megatrend. The implementation and utilization of AI across diverse sectors, including healthcare, finance, manufacturing, and transportation, have unveiled new…
By Jeff Mason PARIS (Reuters) – The White House declined to say on Sunday whether President Joe Biden will meet Benjamin Netanyahu when the Israeli prime minister visits Washington next month to address the U.S. Congress. “I don’t have anything to announce today,” Biden’s national security adviser Jake Sullivan said in an interview with CBS’s…
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court sided on Wednesday with a former mayor of an Indiana city who was convicted in a case in which he was accused of taking a bribe, in a ruling that could make it harder for federal prosecutors to bring corruption cases against state and local…
By Sheila Dang (Reuters) – Snap announced an upgraded version of its Spectacles augmented-reality glasses on Tuesday, doubling down on its bet that wearable devices to enhance the view of the real world will be one of the next frontiers in tech. Snap, long known for its ephemeral messaging app Snapchat and animated filters, has…
