Disney has urged a federal court to reject Florida Governor Ron DeSantis’ request to disqualify the judge overseeing the company’s lawsuit. The lawsuit accuses the governor and his allies of political retaliation. Attorneys for DeSantis had argued that Judge Mark Walker should recuse himself from the lawsuit over his comments in two separate cases that
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Ford Motor and Tesla have announced a surprise deal on electric vehicle (EV) charging technology and infrastructure that could put new pressure on other automakers’ EV strategies. The agreement will allow Ford owners access to more than 12,000 Tesla Superchargers across the US and Canada from early next year. Moreover, Ford’s next generation of EVs
JPMorgan Chase aims to develop a software service that uses disruptive artificial intelligence to help customers select investments. The company has applied to trademark the product called IndexGPT, which will use cloud computing software to analyze and choose securities tailored to customer needs. IndexGPT: The First GPT-Like Product for Customers JPMorgan Chase is likely to
Ford Motor CEO, Jim Farley, and Tesla and Twitter CEO, Elon Musk, are set to host a live audio discussion via Twitter Spaces on accelerating EV adoption. This online discussion between rivals comes as Ford attempts to catch up to or surpass Tesla’s sales in the electric vehicle (EV) segment. Ford’s Attempts to Catch up
Elon Musk, the owner of Twitter, has stated that he is unconcerned if his tweets cause Tesla buyers and Twitter advertisers to be put off. Musk has been known to tweet controversial content, including conspiracy theories and comments that have been deemed discriminatory by critics. His latest tweet has drawn criticism after he likened liberal
Following the May 10 town hall with former president Donald Trump, CNN CEO Chris Licht has privately admitted that there were production elements he would have done differently. However, while some CNN employees were reportedly embarrassed by the event, Licht continues to advocate for the town hall format as a way to provide insight into
In a recent development, employees at a Starbucks café in Rochester, NY, have filed a petition with the National Labor Relations Board (NLRB) to decertify the Service Employees International Union’s (SEIU) front group, known as Starbucks Workers United. This comes after the SEIU won an election in April 2022 with a narrow vote of 13-11.
Fanatics, the sports platform company with a private valuation of $31 billion, has agreed to acquire the U.S. operations of PointsBet for $150 million in cash. This marks Fanatics’ first major move into U.S. sports betting. The deal is expected to give Fanatics access to at least 15 states. Fanatics plans to fund some of
Goldman Sachs has launched its first-ever startup from its internal incubator, a networking platform for employees called Louisa. The New York-based investment bank funded and owned the startup until recently, when it became independent. Founder-CEO Rohan Doctor is now working to expand the client base beyond Goldman Sachs. Louisa is designed to automatically create user
The COVID-19 pandemic has disrupted lives and economies worldwide, with many countries still struggling to contain the virus. In the United States, the pandemic led to the development of a Bluetooth system by Apple and Google to track the spread of infection and send push alerts to smartphone users who came into contact with infected