BuzzFeed alleges that Musk is intimidating one of its reporters
BuzzFeed filed documents in court Friday arguing that Tesla CEO Elon Musk’s attempt to depose BuzzFeed News reporter Ryan Mac is part of a harassment and intimidation campaign, reports Maxwell Tani of The Daily Beast. Tani writes, “‘It is clear from Musk’s prior conduct that he would put Mac through the ordeal of a hostile deposition […]
Apple announces low-price streaming service
Apple has announced a $5-per-month streaming service that will intensify competition in a space dominated by Netflix. Michael Liedtke reported the news for the AP: Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. […]
PG&E offers $18 bln in to settle wild fire claims
Bankrupt PG&E has offered almost $18 billion in compensation to the people affected by wildfires caused by failure in its infrastructure. Daisy Nguyen had the news for the AP: PG&E Corp. proposed Monday to resolve its bankruptcy case by offering nearly $18 billion to settle claims from devastating wildfires started by its equipment in recent […]
British Airways grounds flights as pilots go on strike
British Airways has had to cancel almost all of its flights as its pilots began a 48-strike over inadequate pay. Alistair Smout and Michael Holden had the news for Reuters: British Airways pilots began a 48-hour strike on Monday, grounding nearly all its flights and disrupting the plans of thousands travelers in unprecedented industrial action […]
Walgreens, CVS join growing group of no-gun retailers
Walgreens and CVS have joined Walmart and Kroger in asking customers to refrain from openly carrying firearms in their stores. Lauren Thomas reported the news for CNBC: Drugstore chains Walgreens Boots Alliance and CVS Health on Thursday joined Walmart and Kroger in asking shoppers not to openly carry guns in their stores, even in states […]
Google to pay $170 mln to settle children’s data scandal
The Federal Trade Commission and New York state will receive a total $170 million from Google as a settlement for allegations YouTube collected children’s private data illegally. Rachel Lerman and Marcy Gordon had the news for AP: Google will pay $170 million to settle allegations its YouTube video service collected personal data on children without […]
Huawei accuses the U.S. of cyberattacks
Huawei has accused the U.S. government of targeting it with cyberattacks. Steve Goldstein had the news for MarketWatch, citing a company statement: Huawei, the Chinese telecoms giant, on Tuesday said the U.S. has launched cyber attacks against it to infiltrate intranet and internal information systems as it denied a series of allegations. Huawei also denied […]
Judge fines Johnson & Johnson $572 million in landmark case
An Oklahoma judge has fined Johnson & Johnson $572 million for fueling the opioid crisis in a landmark ruling that could open the doors for more lawsuits. The AP’s Sean Murphy had the news: An Oklahoma judge on Monday found Johnson & Johnson and its subsidiaries helped fuel the state’s opioid crisis and ordered the […]
Target to open 25 Disney stores at its locations
Target will launch 25 Disney stores at its own locations on October 4. Lauren Thomas had the news for CNBC: Target on Sunday announced it’s opening dozens of permanent Disney stores within its own stores over the next year, as it invests in more unique ways to lure customers inside. The announcement comes on the […]
Hasbro will buy the owner of the Peppa Pig franchise for $4 bln
Hasbro has struck a deal for the acquisition of Entertainment One, the company that owns the Peppa Pig cartoon franchise, for $4 billion. The BBC had the news: US toy maker Hasbro will acquire Peppa Pig owner Entertainment One for around £3.3bn ($4bn), the firms said in a statement. Hasbro said the deal would expand […]
