Tag: Business
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Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won’t enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
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Why Dana White thinks much more of UFC’s future will be Power Slap and boxing
UFC president and CEO Dana White predicted that Power Slap may become as big as his flagship fighting sport at the Game Plan conference in New York.
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US data center protests go national as backlash grows
July 18 : Opponents of the rapid buildout of data centers plan to hold protests on Saturday in at least 125 locations across the United States, the first coordinated national effort to channel anger at the AI infrastructure expansion that has ramped up over the past year and roiled local politics.The protest
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Fat cat? Weight-loss drugs may be coming for your overweight pet
Startups are testing GLP-1 treatments for overweight cats while pet-food giants are leaning into longevity products as owners spend more on animal health.
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Colombia’s Ecopetrol says cyberattack stole data tied to 3,300 accounts
July 17 : Colombian state-controlled energy company Ecopetrol said on Friday a cyberattack resulted in the theft of data tied to about 3,300 user accounts and that it could not “guarantee” the breach would not have a “material adverse” financial impact.The company, however, said it had not identified any crit
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Abbott investigates two separate cyber incidents, says no operations affected
July 17 : Abbott Laboratories is investigating two cyber incidents involving unauthorized access to some internal systems at its cancer diagnostics business and its LabCentral portal, the company said on Friday, adding that its operations were not affected.No other businesses, sites or systems were impacted b
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GameStop owns nearly 10% of eBay, SEC filing shows
July 17 : Videogame retailer GameStop owns nearly 10 per cent of e-commerce company eBay, the company said in a regulatory filing late on Friday, signaling its intent to push ahead with plans to buy eBay even after its unsolicited offer was rejected.GameStop said it owns 43.4 million outstanding shares of eBa
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Federal employees can download TikTok on government devices, DOJ says
WASHINGTON, July 17 : The U.S. Justice Department said on Friday that federal employees can now download the short-video app TikTok on government devices.A 2022 law banned federal employees from using the app on government devices, citing national security concerns, but a department opinion released on Friday
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Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby’s auction
The high price for the garment is a sign that collectors are looking to bid on artifacts and collectibles from the artificial intelligence boom.
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Meta, Anthropic in talks for potential $10 billion compute lease deal, source says
July 17 : Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid…
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