Universal Music Group has rejected a takeover proposal from billionaire investor Bill Ackman, turning aside what would have been one of the largest buyout attempts ever in the music industry. Ackman, through his hedge fund Pershing Square, made an offer valuing the company at roughly $64 billion to $65 billion, according to published reports. Universal…
Shift, an AI startup, is offering to clean homes for free as part of an effort to collect data that can be used to train future household robots, according to recent reports. The company’s pitch is straightforward: residents can get free cleaning, and in return Shift records the work being done so the underlying systems…
SpaceX skeptics had fresh reason for concern after comments from CEO Elon Musk diverged from statements in the company’s IPO filing, raising new questions about consistency in the company’s public messaging as it moves through a pivotal market moment. The issue centers on Musk’s recent remarks, which CNBC reported did not align with information contained…
Ferrari shares fell about 6% in Milan trading after the luxury carmaker unveiled its first fully electric vehicle, the Ferrari Luce, marking a major turning point for a brand built on high-performance combustion engines. The company presented the Luce as its first fully electric model, entering the battery-electric segment for the first time under the…
Retailers are rolling out Memorial Day discounts across Apple’s lineup, with deals highlighted on the M5 MacBook Air and AirPods Pro. The promotions are being framed as limited-time holiday pricing, with multiple shopping and tech outlets pointing readers to markdowns ahead of and through the Memorial Day weekend. The most prominent laptop discount cited in…
007: First Light will not offer pre-loading on Steam or Xbox, with preload availability limited to PlayStation 5 because of a mandatory requirement tied to that platform, according to recent reports. The situation affects players planning to install the game ahead of release on PC through Steam and on Xbox consoles. Multiple outlets have reported…
Oil prices were mixed in the latest trading as U.S. military strikes against Iran added fresh uncertainty to the Middle East outlook and clouded prospects for peace in the region. The move in crude came as investors tracked developments involving the United States and Iran, a key oil-producing country in a strategically important area for…
The U.S. military launched new strikes on targets in southern Iran, U.S. Central Command said, describing the operation as self-defense action intended to protect U.S. forces. Central Command said the strikes hit Iranian boats and missile launch sites in southern Iran. The command characterized the targets as a threat and said the action was taken…
“Euphoria” creator Sam Levinson is speaking publicly about a major death in Season 3, addressing a “horrific” scene that unfolds in the penultimate episode. The remarks come as one of the show’s stars described the character’s exit as “a cool way to go,” adding to the conversation around the series’ latest creative choice. Levinson discussed…
Pope Leo has issued his first encyclical on artificial intelligence, but the document’s central focus is less on the mechanics of new technology and more on what the Vatican is presenting as a moral and spiritual test for modern society. The encyclical, titled “Magnifica Humanitas,” frames AI as a context in which enduring questions about…
Pope Leo compared the threat posed by artificial intelligence to the biblical “Tower of Babel,” warning that powerful new technologies can deepen human division and outpace the moral limits needed to govern them. He called for the “disarmament” of AI and urged robust regulation as the church weighs what these tools could mean for the…
Iran said it has resolved “many issues” in negotiations with the United States but cautioned that a peace deal is not imminent, underscoring the gap between reported progress in talks and continued uncertainty over whether an agreement can be finalized. The remarks came as Iranian and U.S. negotiators continued intensified diplomatic efforts in the region….