AP Top Technology News at 9:07 a.m. EDT
Google wants judge, not jury, decide upcoming antitrust case in Virginia
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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 Finance
Ford CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
- 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
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.
- Yahoo Finance
Takes from 3 Tesla shareholders: Unenthusiastic yes to unequivocal no as Musk awaits vote on his pay
Tesla shareholders will meet just outside of Austin, Texas, to decide how much control Elon Musk wields over Tesla. Shareholders that Yahoo Finance spoke to have mixed feelings ahead of the vote.
- 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.
- Autoblog
Toyota apologizes for cheating on vehicle tests, halts production of three models
Toyota is halting production of three models and apologizing for cheating on vehicle testing, investigation finds.
- TechCrunch
Tech giants form an industry group to help develop next-gen AI chip components
Intel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components that link together AI accelerator chips in data centers. Announced Thursday, the UALink Promoter Group — which also counts AMD (but not Arm just yet), Hewlett Packard Enterprise, Broadcom and Cisco among its members — is proposing a new industry standard to connect the AI accelerator chips found within a growing number of servers.
- Yahoo Finance
As one streaming era ends, another begins: Chart of the Week
Just as excitement over a paradigm shift helped usher in cheap subscriptions over a decade ago, the ad-supported streaming model has the potential to generate a similar level of sentiment.
- Yahoo Finance
Walmart is winning over investors, but its growth story relies on three key e-commerce initiatives
Walmart has been a reliable stock performer — but it needs to grow its e-commerce to maximize its future potential.
- Yahoo Finance
ConocoPhillips's $22.5 billion deal for Marathon Oil highlights energy M&A wave
US energy consolidation continues with the announcement that ConocoPhillips will buy Marathon Oil for $22.5 billion.
- Yahoo Finance
Food inflation stabilizes, but price changes remain a mixed bag
Americans continue to feel the effects of food inflation while companies try to win back weary shoppers amid higher prices.
- Yahoo Finance
Poll: Should Tesla shareholders once again bless CEO Elon Musk's pay package proposal?
Tesla shareholders are currently voting on whether to reapprove a massive compensation package for CEO Elon Musk ahead of a June 13 shareholder meeting.
- Yahoo Finance
US prepares for antitrust clash with AI heavyweights Nvidia, OpenAI, Microsoft
The biggest antitrust regulators are stepping up their scrutiny of the nation’s most powerful developers of artificial intelligence, the latest effort by the Biden administration to rein in what it views as anticompetitive behavior.
- Yahoo Finance
Gas prices expected to jump this summer on refinery constraints
Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.
- 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 Life Shopping
Get DeWalt's bestselling drill for $99 (that's 45% off), plus more brand deals
Score top-of-the-line tools at rock-bottom prices, just in time for all your summer DIY projects.
- Yahoo Finance
Tesla's Musk is not the only CEO testing new compensation limits
CEO pay is on the rise across corporate America as Tesla stockholders prepare to vote on a $56 billion compensation package for Elon Musk.
- Yahoo Finance
Getting hired now is easier if you make less money
The hiring of low-wage workers is still rising even as demand for higher-paid employees softens.
- Yahoo Finance
Exxon stockholders side with oil giant in feud with CalPERS and activist investors
Most Exxon stockholders voted to retain CEO Darren Woods and 12 other current directors on the oil giant’s board, rejecting a revolt organized by the nation's biggest public pension fund.