The United States has put on hold a technology cooperation deal with Britain that aimed to deepen collaboration in areas such as artificial intelligence, quantum…
Apple’s succession plans gain urgency as Cook nears exit
Apple has intensified internal discussions about who will lead the company after Tim Cook, according to a report from the Financial Times. People familiar with…
Getty Images loses most of UK lawsuit against Stability AI over use of copyrighted photos
Getty Images has largely lost its closely watched legal battle in London against Stability AI, the developer of the image generator Stable Diffusion, in a…
JPMorgan names new leader for its $1.5 trillion national security investment initiative
JPMorgan Chase has appointed veteran executive Jay Horine to oversee its new $1.5 trillion investment initiative focused on strengthening U.S. national security industries, according to…
Nestlé to Slash 16,000 Jobs as New CEO Tries to Reignite Investor Confidence
Swiss food giant Nestlé has announced plans to eliminate 16,000 jobs worldwide, a sweeping cost-cutting move that marks the first major act by new CEO…
Swiss Court Strikes Down $20 Billion Credit Suisse Bond Wipeout: A Warning Shot to Regulators
In a ruling that could reshape investor trust in Switzerland’s banking sector, the Federal Administrative Court said the 2023 decision to erase Credit Suisse’s Additional…