Business
Failure to launch: Big media pulls the plug on Venu sports streamer
Walt Disney, Fox and Warner Bros Discovery on Friday abandoned plans to launch Venu Sports, their live sports joint venture.
Adam Kovacevich
US plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
A.P. Moeller-Maersk
US port strike ends, leaving cargo backlog
U.S. East Coast and Gulf Coast ports were reopened on Friday after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a century.
AI search tools
Google Loses Historic Antitrust Lawsuit Over Its ‘Search Dominance’
A federal judge ruled on Monday that Google violated U.S. antitrust laws with its online search business, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online, and potentially ending the decades of dominance.
Amazon.com
Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
The NBA rejected an offer from TNT – ending four decades of partnership – and announced new agreements with ESPN, NBCUniversal and Amazon.
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Alphabet debuts beefed-up AI search and chatbot as competition heats up
The flurry of announcements underscores Google’s efforts to refresh its products since Microsoft-backed OpenAI’s 2022 launch of ChatGPT dazzled the public.