Capital One plans to acquire Discover Financial Services to create a global payments giant.
Read More Capital One to buy Discover Financial in $35.3 billion all-stock deal
Tag: competition
OpenAI introduces AI model that turns text into video
OpenAI is working on a software that can generate minute-long videos based on text prompts.
Read More OpenAI introduces AI model that turns text into video
‘Call of Duty’ gamers sue Activision for monopolizing leagues, tournaments
Activision Blizzard has been hit with a U.S. lawsuit claiming it restricts competition for organized gaming involving “Call of Duty.”
Read More ‘Call of Duty’ gamers sue Activision for monopolizing leagues, tournaments
Qualcomm forecasts quarterly profit above estimates, shares rise
Qualcomm forecast fiscal second-quarter profit slightly above Wall Street estimates and sales in line with market expectations.
Read More Qualcomm forecasts quarterly profit above estimates, shares rise
Tesla set to erase $70 billion in valuation after Musk’s sales warning
Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.
Read More Tesla set to erase $70 billion in valuation after Musk’s sales warning
US scrutinizing airline frequent flyer programs
The U.S. Transportation Department is scrutinizing the frequent flyer programs of major U.S. airlines for potential deceptive or unfair practices.
Read More US scrutinizing airline frequent flyer programs