By Jonathan Stempel (Reuters) – Netflix won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber growth of account sharing, where paying members share user names and passwords with nonpaying members in other households. The proposed class action led by a Texas-based trustee began after Netflix […]
US most wanted terrorist since 2009 arrested in the UK
By Brad Brooks (Reuters) – An alleged animal-rights extremist on the U.S. most-wanted terrorist list since 2009 in connection with the bombing of a California biotechnology firm has been arrested in the United Kingdom, the FBI said on Tuesday. The suspect, Daniel Andreas San Diego, was arrested in Wales on Monday in an operation carried […]
Nvidia shows AI model that can modify voices, generate novel sounds
By Stephen Nellis (Reuters) – Nvidia on Monday showed a new artificial intelligence model for generating music and audio that can modify voices and generate novel sounds – technology aimed at the producers of music, films and video games. Nvidia, the world’s biggest supplier of chips and software used to create AI systems, said it […]
Exclusive-Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with […]
Buffett refines plans for his fortune, donates more Berkshire shares
By Jonathan Stempel (Reuters) -Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has made further preparations for giving away his fortune after his death. Buffett, 94, plans to donate 99.5% of his remaining wealth, valued on Friday at $149.7 billion according to Forbes magazine, to a charitable trust overseen by his daughter and […]
Tesla racked up greenhouse emissions credits in 2023 as other automakers lagged
By David Shepardson WASHINGTON (Reuters) – Tesla generated nearly 34 million metric tons of greenhouse gas credits in the 2023 model year by selling electric vehicles, as the auto industry racked up significant credit deficits in the face of more stringent emissions standards. In a report first seen by Reuters, the Environmental Protection Agency said […]
US CDC confirms H5N1 bird flu in a child in California
(Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) said on Friday it has confirmed a human infection with H5N1 bird flu in a child in California. CDC said this is the first reported bird flu H5 virus infection in a child in the United States. Consistent with previously identified human cases in the […]
Sirius XM found liable in New York lawsuit over subscription cancellations
By Jonathan Stempel NEW YORK (Reuters) – A New York state judge found Sirius XM Holdings liable in New York Attorney General Letitia James’ lawsuit accusing the satellite radio and streaming company of making it too hard for customers to cancel subscriptions. While rejecting claims alleging fraud and deceptive practices, Justice Lyle Frank of the […]
Robinhood’s chief legal officer Gallagher rules out becoming SEC chair, CNBC reports
(Reuters) – Robinhood Markets’ Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was reportedly the frontrunner to become its chair under Donald Trump, told CNBC on Friday he was not interested in the role. “I’ve made it clear to the relevant people that I’m not interested in being […]
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
By Jessica DiNapoli NEW YORK (Reuters) – Procter & Gamble has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in hair care on the platform, executives said Thursday at an investor day. The Cincinnati-based company’s investments in better packaging for […]