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CVS Health sees profit nearly double but cuts guidance
Proactive Investors· 2024-02-07 16:11
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Tesla vs Takeaway: Chicken shop boss loses trademark battle with EV giant
Proactive Investors· 2024-02-07 13:43
A chicken shop owner from Greater Manchester lost £12,000 loss after unsuccessfully challenging Tesla Inc (NASDAQ:TSLA) over a trademark dispute. Amanj Ali, who is the boss of Colorado’s Chicken, registered the trademark “Tesla Chicken & Pizza” in May 2020 for a new takeaway he planned to open. Typically, companies have two months to dispute a trade mark. However, in November of the following year, the electric vehicle manufacturer launched a bid to protect its international trade mark for food and drink se ...
Alibaba ramps up share buyback as earnings miss estimates
Proactive Investors· 2024-02-07 13:23
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Walmart accused of cereal-killing in Snoop Dog lawsuit
Proactive Investors· 2024-02-07 12:56
Walmart Inc (NYSE:WMT) faces legal challenges from rapper Snoop Dogg over alleged collusion with Post Consumer Brands in sabotaging his entry into the breakfast cereal market, Snoop Cereal. A lawsuit from Snoop and fellow hip-hop veteran and businessman Master P was filed on Tuesday, accusing the "diabolical actions" aimed at ousting Broadus Foods, dubbed the first Black-owned cereal company in the US, from competitive standing. According to the plaintiffs, Post Consumer Brands, after a failed buyout attemp ...
Bluesky opens to everyone as social media battle heatts up
Proactive Investors· 2024-02-07 12:22
Bluesky, a new social network set up by Twitter founder Jack Dorsey, is now allowing anyone to set up an account, having been invite only since its inception in 2022. The Twitter clone already claims to have three million users, though it doesn’t yet offer direct messaging between posters. One of its big plusses, claims the company, is that users eventually will be able to migrate their friends and followers and also data to other networks through its AT Protocol, though this facility is not running yet. Cu ...
Cruise ups offer to settle California robotaxi crash case
Proactive Investors· 2024-02-07 11:33
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Elon Musk backs lawsuit against Disney by sacked Mandolorian actress
Proactive Investors· 2024-02-07 09:49
Elon Musk is to fund a lawsuit brought by former The Mandalorian actress Gina Carano against Disney and Lucasfilm following her sacking in 2021 following a post on Instagram. An outspoken Republican supporter, Carano wants US$75,000 in damages and for Lucasfilm to recast her in the series and other projects. Carano lost her role as Cara Dune in the hit series after a post that likened the abuse she said Republicans now receive in the US to that of Jews in pre-Second World War Germany. Musk made an open call ...
OpenAI joins Meta in adding watermarks to AI-generated images
Proactive Investors· 2024-02-07 09:17
ChatGPT developer OpenAI has started to include watermarks on images generated by its DALL·E 3 artificial intelligence model, according to a company update. OpenAI is using the Coalition for Content Provenance and Authenticity (C2PA) technical standard, which allows publishers, companies and others to embed metadata in media to verify its origin and related information, on images generated via its website and application programming interfaces (APIs). The change will roll out to all mobile users by 12 Febru ...
Ford sets sights on Tesla with Model 2 competitor on the cards
Proactive Investors· 2024-02-07 08:57
Ford Motor Company (NYSE:F) shares rose 6% in after-hours trading as the automaker surpassed Wall Street forecasts with its quarterly revenue and announced plans for a new, smaller EV to compete with Tesla's Model 2.  In its quarterlies, Ford highlighted its $2 billion cost reduction strategy for the year and declared a special dividend. CEO Jim Farley underscored Ford's strong positioning for growth in profit, and revenue, while flagging a strategic shift towards smaller EVs and cost efficiency to compete ...
Disney's ESPN, Fox and Warner to launch sports mega-streamer
Proactive Investors· 2024-02-07 08:32
Another streaming service will soon be added to the pile when The Walt Disney Company (NYSE:DIS)’s ESPN, Fox Corp (NASDAQ:FOXA) and Warner Bros Discovery Inc (NASDAQ:WBD) jointly launch a yet-to-be-name sports streaming platform. Viewers will have access to the breadth of sports content owned by the three media giants, including FIFA World Cup, Formula 1, NFL, PGA, UFC, NBA Major League Baseball (MLB) and other major events on the sporting calendar, including college sport. Subscribers to the new sports meg ...