Why Redstone backed out For months, Skydance Media’s effort to merge with Paramount — the studio behind “Mission: Impossible” and “Top Gun” — was the most-discussed M.&A. matter on Wall Street and in Hollywood. Now it has fallen apart. What happened? The simple answer: Shari Redstone, who controls Paramount through the holding company National Amusements,…
A jury in South Florida has ruled that Chiquita Brands is liable for eight killings carried out by a right-wing paramilitary group that the company helped finance in a fertile banana-growing region of Colombia during the country’s decades-long internal conflict. The jury on Monday ordered the multinational banana producer to pay $38.3 million to 16…
You may not know exactly what “slop” means in relation to artificial intelligence. But on some level you probably do. Slop, at least in the fast-moving world of online message boards, is a broad term that has developed some traction in reference to shoddy or unwanted A.I. content in social media, art, books and, increasingly,…
Nearly two years after OpenAI ignited a race to add generative artificial intelligence into products, Apple jumped into the competition on Monday, as it revealed plans to bring the technology to more than a billion iPhone users around the world. During a two-hour presentation from its futuristic Silicon Valley campus, Apple said that it would…
Apple tries to close the A.I. gap Heading into Apple’s Worldwide Developers Conference on Monday, big questions are hanging over the tech giant, from muted sales for its Vision Pro headset to growing competition in China and regulatory scrutiny on both sides of the Atlantic. Those aren’t going away, but the focus at the event…
Dear Tripped Up, Last October, my extended family spent a week in Todos Santos, in Mexico’s Baja California peninsula, for a wedding. All went well, but when I got back, I noticed an unusual charge on my credit card: $1,500.49, made on the day we flew home to the United States from San José del…
A landslide in the Teton mountains destroyed part of a highway that links Idaho to Jackson, Wyo., forcing the authorities to close the road indefinitely on Saturday just as the area was entering its summer tourism season. No one was injured when a section of the Teton Pass “catastrophically failed,” the Wyoming Department of Transportation…
Summer at the Spa — a ritual nearly 200 years strong — started early in Saratoga Springs, N.Y., with the third leg of the Triple Crown, the Belmont Stakes, being held on Saturday for the first time at Saratoga Race Course, a revered relic where the elite and otherwise mingle, but the horses rule. Broadway,…
The news business is in upheaval. A presidential election is barreling down the pike. Facing financial challenges and political division, several of America’s largest news organizations have turned over the reins to editors who prize relentless reporting on a budget. And they all happen to be British. Will Lewis, a veteran of London’s Daily Telegraph…
Around lunchtime Friday, on a YouTube livestream watched by half a million people, a bandanna-clad man in white sunglasses grinned into his webcam and teased: “I’m about to show it.” Oh, stop it. He meant his brokerage account. Keith Gill, the man better known as Roaring Kitty, who became one of Wall Street’s unlikeliest celebrities…
