Paramount shares plunge after Warren Buffett’s Berkshire Hathaway cuts stake in media giant
Warren Buffet’s Berkshire Hathaway sold a third of its stake in embattled media giant Paramount, according to a regulatory filing Wednesday — sending the embattled company’s...
Tinder, Hinge, League dating apps encourage ‘compulsive use’ with ‘predatory’ business model: lawsuit
Match Group was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The League are designed to addict users,...
Morgan Stanley to reportedly cut hundreds of jobs in wealth management division
Morgan Stanley will reportedly slash several hundred bankers in its wealth management division in a cost-saving measure implemented by the Wall Street firm’s new CEO...
Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms
Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 US housing market crash, picked up shares of Warner Bros. Discovery in...
George Soros poised to control Audacy
George Soros is poised to take a massive stake in the nation’s second-largest radio company, which owns more than 220 stations nationwide, according to court...
Ex-Twitter engineer says Musk wrongly fired him over leaks to media: book
A former Twitter engineer claims he was wrongly fired by a paranoid Elon Musk because of persistent press leaks shortly after the mogul bought the...
Elon Musk’s Starlink gets green light in Gaza, Israel for first time
The Israeli government said on Wednesday it has approved the use of Starlink satellite services in a field hospital in the war-battered Gaza Strip, and in Israel...
Amazon hit with lawsuit over controversial move to show ads on Prime Video
An Amazon Prime subscriber has a significant problem with the company’s implementation of ads on Prime Video and filed a class action lawsuit on Friday challenging the...
Toy makers face dismal outlook after Hasbro’s holiday sales tank
Toy manufacturers are revealing dismal results for the holiday season as shoppers scooped up far fewer dolls and action figures than last year – and...
Walmart reportedly in talks to buy TV maker Vizio for $2B
Walmart is in talks to buy smart-television manufacturer Vizio for more than $2 billion, the Wall Street Journal reported Tuesday, a move that could bolster its advertising...