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The Rise and Fall of the Chief Diversity Officer
“Everything is a battle.” Diversity executives hit the exits as company priorities shift. Source link
White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link
FTC Withdraws Case Against Microsoft-Activision Deal
The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is
Threads User Engagement Continues to Decline
User engagement has fallen 70%, putting pressure on parent Meta to roll out new features for its nascent microblogging app. Source link
Russia Boosts Rates as Ukraine War Costs Mount
The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link
Ukraine to Seize Bank to Curb Moscow's Influence
Sense Bank, formerly known as Alfa Bank-Ukraine, is regarded as a symbol of Russia’s involvement in Ukraine’s financial and political affairs. Source link
Streaming Brought Hollywood to a Standstill. Now Comes the Pain.
Hollywood’s biggest strike in 60 years is exposing industry fault lines, with traditional entertainment companies expected to take a near-term hit while streamers are better
Sergey Brin Is Back in the Trenches at Google
Co-founder is working alongside AI researchers at tech giant’s headquarters, aiding efforts to build powerful Gemini system. Source link
United Airlines Scaling Back Flights at Newark Airport
The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms. Source link
AMC Drops Plan to Charge More for Better Seats
AMC Entertainment is ending a plan that adjusted ticket prices based on where viewers sat after a lackluster response from moviegoers. Source link