Apple plans to launch an AI tool that writes code as early as this year, Bloomberg reported.Sources say the feature will be similar to Microsoft's GitHub Copilot — a new competitor.The tech giant is also working on AI features for the iPhone, iPad, and MacOS.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ad ...

Core Viewpoint - Carl Icahn has acquired a 9.9% stake in JetBlue, valued at approximately $200 million, and believes the airline's stock is undervalued, seeking board representation to influence its direction [1][2][4]. Group 1: Investment Details - Icahn's investment vehicles spent around $120 million to acquire 33.6 million shares, which were valued at $204 million as of the latest market close [3]. - This acquisition makes Icahn the third-largest investor in JetBlue, following BlackRock and Vanguard Group [4]. Group 2: Company Performance - JetBlue's stock price has decreased nearly two-thirds from over $20 in May 2021 to about $7 today, resulting in a market value of approximately $2 billion [4]. - The airline reported operating revenues of nearly $10 billion last year but incurred a net loss of $310 million, partly due to exceptional costs related to a blocked merger with Spirit Airlines [4]. Group 3: Strategic Moves - JetBlue's planned acquisition of Spirit Airlines for $3.8 billion was blocked by a federal judge, but the company still aims to finalize the deal [5]. - The airline has recently appointed a new CEO and rehired its former chief commercial officer as president to revitalize its business [6]. Group 4: Historical Context - Icahn's involvement with JetBlue is reminiscent of his past takeover of Trans World Airlines (TWA) in the 1980s, where he attempted to turn around the struggling airline [6]. - Although there are no indications that Icahn plans to take control of JetBlue, he sees potential value in the company and aims to help unlock it [7].

Temu's Super Bowl ads sparked a surge in online searches despite recent downturn among users. The e-commerce company splurged on three spots during Sunday's big game. The advertisement campaign comes as Temu seeks to win US users and sales.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By click ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGood morning! What a game. Congrats to the Chiefs fans and Swifties. Speaking of Taylor, she wasn't the only celeb at the game. Here are some other high-profile attendees. In today’s big story, we ...

Airbus CEO Guillaume Faury commented on Boeing's troubles on Monday.He said an incident is never good, "whatever the type of plane."Airbus is exploring a deal with United Airlines following its CEO's criticism of Boeing, per Bloomberg. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “S ...

Disney is taking out a $1.5 billion minority stake in the company behind Fortnite.CEO Bob Iger announced the team-up Wednesday.Iger said the move will be the company's "biggest foray into the games space ever." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our T ...

Ford will spend more on mass-market EVs, its CEO said Tuesday."The ultimate competition is going to be the affordable Tesla," Jim Farley told analysts.Elon Musk's company plans to launch its own cheaper EV, dubbed the "Model 2." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up” ...

Disney, Fox, and Warner Bros. Discovery are teaming up to launch a sports streaming service.This isn't going to be second-tier content like on ESPN+. It's the big one.It could end up killing cable TV. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Se ...

Nvidia's GPUs are in high-demand — and the company is using AI to accelerate chip production.The chip giant's custom AI model, ChipNeMo, aims to speed up the chip design process. It comes as companies race to get their hands on Nvidia's limited supply of chips to build their AI. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

ESPN, Warner Bros, and Fox will launch a new streaming service for sports.It's set to launch this fall, but we still don't know how much it will cost.It's a huge deal — and could change everything about TV. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms ...