The wearable tech maker posted lower than expected sales for the holiday quarter, sending shares to an all-time low. Meanwhile, Comcast shares are falling after the company made a $31 billion bid for UK broadcaster Sky. And in other media merger news, Discovery got approval for its acquisition of Scripps, and Qualcomm introduced its latest chip meant for 5G technology.
Share:
More In Business
Poll Shows Growing Economic Anxiety Under Trump
A new AP-NORC poll finds Americans are increasingly worried about their ability to find good jobs and keep up with rising costs under President Trump.
The Louvre Heist: Thieves Pull Off Four-minute Jewel Job
In a daring daylight robbery on Sunday, thieves used a basket lift to scale the Louvre’s facade, smash display cases, and steal eight priceless jewels.
Trump Admin Reverses Course On Student Loan Forgiveness
The Trump administration has agreed to resume processing student debt cancellations under two key income-driven repayment plans it had previously limited.
Trump Cuts Off Colombia: “No More Payments, No More Subsidies”
President Trump announced Sunday that the U.S. will halt all payments and subsidies to Colombia.
Americans Rally Against Trump In ‘No Kings’ Protests
Millions of protesters flooded cities nationwide on Saturday for “No Kings” demonstrations denouncing what they call President Donald Trump’s authoritarian turn
Passports of Privilege: Inside the World of Citizenship by Investment
Chris Willis, Managing Partner at Latitude Group, on how high-net-worth families are unlocking global access through strategic citizenship planning.
Credit Scores Made Simple: Kikoff’s Cynthia Chen on a Smarter Path
Cynthia Chen, CEO of Kikoff, shares how their membership app helps users build credit with zero fees, no interest, and smart tools that make every point count.
Big Business This Week: All about the shutdown economy
We spoke to an economist about the impact of the shutdown on the U.S. economy
Sex is a big market for the AI industry. ChatGPT won’t be the first to try to profit from it
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
