News Highlights: Top Company News of the Day
Amazon Plans Ad Tier for Prime Video Streaming Service
Amazon is planning to launch an advertising-supported tier of
its Prime Video streaming service as it looks to generate more
revenue from entertainment.
CNN CEO Chris Licht Is Out
CNN parted ways with its chief executive, ending a tenure of a
little over a year that was marked by a series of missteps.
Investors Go Cold on Food Stocks
As consumers start to feel stretched, price increases pushed
through by packaged-food companies like Campbell Soup and J.M.
Smucker might not stick.
Google DeepMind Unveils AI System to Discover Faster Algorithms
The new system, called AlphaDev, focuses on finding more
efficient algorithms for software development
Tesla's stock rises toward longest winning streak in more than 2 years
Investors have been piling into Tesla Inc.'s stock as it rallies
toward its longest winning streak since January 2021.
GameStop Earnings Are Today. The Stock Is Gaining Into the Report.
The retailer is expected to benefit from a wave of major
blockbuster videogame releases, which started with Hogwarts Legacy
in early February and continued with Star Wars Jedi: Survivor in
Cathie Wood's ARK Buys the Coinbase Dip After SEC Lawsuit
The Securities and Exchange Commission is accusing the company
of acting unlawfully as an exchange, broker, and clearing agency of
Serta Simmons Defeats Holdout Lenders to Seal Chapter 11 Restructuring
A bankruptcy judge upholds the bedding maker's disputed 2020
debt deal, handing control to majority lenders.
Instagram Connects Vast Pedophile Network
The Meta unit's systems for fostering communities have guided
users to child-sex content; company says it is improving internal
Volvo Rolls Out All-Electric SUV Aimed at First-Time Buyers
The company hopes the new SUV can help it address one of the
biggest challenges automakers face: To meet ambitious EV goals,
they have to offer more affordable cars.
(END) Dow Jones Newswires
June 07, 2023 15:15 ET (19:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.