Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
California Pizza Kitchen’s Big Comeback: Inside the Deal Powering Its Next Chapter
California Pizza Kitchen enters a new era as fresh investment fuels growth, innovation, and global expansion—showing how legacy restaurant brands stay relevant.
Scrolling Safely: TikTok Gets an American Makeover
TikTok CEO Shou Zi Chew told employees that the company’s U.S. operations will move into a new entity, TikTok USDS Joint Venture LLC.
Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Are theme parks determining Disney and Universal’s film slates?
Why would you make a third “Tron” movie? Unless of course you'd spent billions of dollars on a theme park ride and needed to promote it?
Starbucks Introduces AI Barista: A Glimpse Into the Future of Coffee Service
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
Tesla & Big Tech’s Earnings Test: Can Massive AI Bets Finally Deliver Revenue Growth?
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
HBO Max Raises Prices Across All Plans
HBO Max, owned by Warner Bros. Discovery, announced a price hike across all subscription tiers, with rates rising by up to $2 per month.
Over 800 Public Figures Urge Ban on AI “Superintelligence” Development
More than 800 prominent figures like Steve Wozniak have joined a public petition calling for a prohibition on the development of AI “superintelligence.”
Warner Bros. Discovery Weighs Sale Amid Increased Interest
Warner Bros. Discovery announced it is expanding its strategic review and is now open to a sale after receiving unsolicited interest from multiple parties.
OpenAI Working with Bryan Cranston and SAG-AFTRA to Combat Deepfakes
OpenAI announced it is working with actor Bryan Cranston, SAG-AFTRA, and major talent agencies to strengthen protections against deepfakes on its AI tool Sora.
OpenAI Launches AI-powered Browser, ChatGPT Atlas
OpenAI is launching ChatGPT Atlas, an AI-driven web browser available globally on macOS, with other platforms coming soon.
