advisors
JetBlue, Spirit Airlines call off $3.8 bln merger on antitrust hurdle
Low-cost air carriers JetBlue and Spirit canceled their $3.8-billion merger agreement.
acquisition
‘Call of Duty’ gamers sue Activision for monopolizing leagues, tournaments
Activision Blizzard has been hit with a U.S. lawsuit claiming it restricts competition for organized gaming involving “Call of Duty.”
collapse
Centrist News Outlet ‘The Messenger’ To Shut Down Less Than A Year After Launching Site
Centrist digital news startup The Messenger has announced that they are officially shutting down after less than a year of operation.
1
AI buzzes Davos, but CEOs wrestle with how to make it pay
Executives at the WEF say they are grappling with how to turn early demos into money-makers.
Advertisers
Analysts predict more brands will flee X after Musk tirade
More advertisers are likely to flee Elon Musk’s social media platform X after the billionaire lashed out at some of the biggest names in the media industry.
$1 trillion valuation club
ChatGPT one year on: From viral AI bot to OpenAI’s boardroom battle
We asked ChatGPT, OpenAI’s viral chatbot, how it felt on its first birthday.
James Meyers
MLB Owners Approve Athletics’ Relocation To Las Vegas, Sources Say
It’s official the Oakland Athletics are calling their new home Las Vegas.
$150 billion
Elon Musk denies report of potential Starlink IPO in 2024
Elon Musk denied a report that his rocket company SpaceX was discussing an IPO for its satellite internet business, Starlink.
Accounting
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
First-class mail drops, stamp prices rise, and a restructuring plan aims to counter losses.
AI
Amazon rallies on cloud optimism as it chases Microsoft for AI business
Amazon.com rose 7% on Friday as it aims for a larger share of the booming artificial intelligence market in a race with Microsoft.