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Ecuador defends raid on the Mexican Embassy and tells top UN court it acted to take in a criminal
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Yahoo FinanceNew Peacock, Netflix, Apple TV+ streaming bundle will cost $15 a month, Comcast says
Streamers are combining forces in the race for loyal subscribers.
- Yahoo Sports
Docs: NCAA could face $20B in damages, bankruptcy if proposed settlement offer isn't agreed upon
The potential settlement is believed to be in its final stages of adoption and consists of back pay, a new compensation model and an overhaul of the NCAA scholarship system.
- Yahoo Finance
The ending of Google's monopoly trial has Silicon Valley on edge
Google has a lot at stake as a federal judge weighs whether the tech giant’s search empire should be broken up. But so does the rest of Silicon Valley.
- TechCrunch
Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker’s entry into the red-hot pickup truck market. In the weeks that followed, Fisker stopped paying the engineering firm that helped develop those vehicles, according to a previously unreported lawsuit filed in federal court this week.
- Yahoo Finance
EU automakers slip as China threatens retaliatory tariffs on luxury cars
The Chinese government threatened retaliatory tariffs on imports of European Union and US-made vehicles following the EU’s move to investigate Chinese EV subsidies and the White House’s tariff escalation on Chinese-made goods.
- Engadget
FCC fines America's largest wireless carriers $200 million for selling customer location data
The Federal Communications Commission has slapped the largest mobile carriers in the US with a collective fine worth $200 million for selling access to their customers' location information without consent.
- Yahoo Finance
Amid uncertainty around Social Security, here's what financial advisers are telling clients
One of the biggest retirement fears is a reduction in Social Security benefits. Here's what advisers say to do to prepare.
- Yahoo Sports
With college athletics at precipice of historic change, SEC brass meets to mull future of industry
SEC leaders discussed the proposed terms of an agreement to settle multiple antitrust cases as well as usher into the sport a new athlete compensation model.
- Autoblog
Junkyard Gem: 1989 Ford Ranger Just Do It Edition
A 1989 Ford Ranger pickup covered with handmade Nike "Just Do It" decoration, found in a North Carolina junkyard.
- Yahoo Finance
JPMorgan just gave itself an $8 billion boost
An exchange of shares in Visa provides JPMorgan an unrealized gain of $8 billion, giving the nation's largest bank a shot to once again out-earn rivals during the second quarter.
- Autoblog
Toyota Highlander plant gets $1.4B to build a new EV and battery packs
Toyota invests $1.3B in the plant building the Highlander for new three-row EV and battery pack assembly lines. Thought to be for an electric Higlander.
- Yahoo Finance
'Stick to the plan': Readers weigh in on early retirement
A surprising share of Americans say they plan to retire by 62. Yahoo Finance's readers spoke out. (And we responded.)
- Engadget
Apple’s big AI rollout at WWDC will reportedly focus on making Siri suck less
Apple will reportedly focus its first round of generative AI enhancements on beefing up Siri’s conversational chops. The company will reportedly roll out a new version of Siri powered by generative AI at its WWDC keynote on June 10.
- TechCrunch
Luminar cuts 20% of staff and outsources lidar production
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more "asset-light" business model, as it aims to scale production. Luminar is also cutting ties with "the majority" of its contract workers. "Today, we stand at the crossroads of two realities: the core of our business has never been stronger across technology, product, industrialization, and commercialization; yet at the same time the capital markets perception of our company has never been more challenging," billionaire founder and CEO Austin Russell said in a letter posted to Luminar's website.
- Yahoo Finance
Jamie Dimon's retirement talk puts new spotlight on key JPMorgan deputies
Jamie Dimon made it clear that he sees an end to his time as boss of the biggest US bank, putting a new spotlight on key deputies considered front runners for his job.
- TechCrunch
Google's 3D video conferencing platform, Project Starline, is coming in 2025 with help from HP
In 2021, Google kicked off work on Project Starline, a corporate-focused teleconferencing platform that uses 3D imaging, cameras and a custom-designed screen to let people converse with someone as if they were in the same room -- more or less. In a blog post published ahead of Google I/O, Google said that it'll collaborate with HP to start commercializing Starline sometime in 2025. Google's also working to integrate Starline with popular videoconferencing services like Zoom and Google Meet, the company says.
- Engadget
Microsoft and OpenAI sued yet again by Chicago Tribune and New York Daily News
A group of publications that include the Chicago Tribune, New York Daily News and the Orlando Sentinel are accusing OpenAI and Microsoft of stealing their copyrighted content to train generative AI products.
- Yahoo Finance
Nvidia's blowout earnings highlight a challenge in the AI age
Data centers running AI models require more energy. Where will it all come from?
- Yahoo Finance
JPMorgan predicts 2024 revenue boost as rate expectations shift
The nation's largest bank boosted expectations for a key revenue source in 2024 due partly to fewer rate cuts expected from the Federal Reserve.
- Yahoo Finance
The big questions JPMorgan investors have for Jamie Dimon
Attendees at JPMorgan's annual investor day Monday will be listening for answers to some key questions. A top concern is how much longer Jamie Dimon plans to run the largest US bank.