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Media Matters must face X’s lawsuit over report about ads next to extremist posts

Media Matters must face X’s lawsuit over report about ads next to extremist posts By Mike Scarcella Aug 30 (Reuters) - A federal judge in Texas has refused to dismiss a lawsuit by Elon Musk’s social media company X accusing watchdog Media Matters of disparaging the platform in a report that said the site had placed ads for major brands next to extremist content.
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Disney and DirecTV aim to renew deal ahead of NFL season

Disney and DirecTV aim to renew deal ahead of NFL season By Dawn Chmielewski and Lisa Richwine LOS ANGELES, Aug 29 (Reuters) - Walt Disney DIS.N and satellite TV provider DirecTV are racing to renew their distribution agreement before the current pact expires on Sunday. If they fail to reach a deal, DirecTV's more than 11 million subscribers could lose access to Disney channels, including ABC and ESPN, just days before the National Football League kicks off its season on Thursday, and midway thr
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Meta says its Llama AI models being used by banks, tech companies

Meta says its Llama AI models being used by banks, tech companies By Katie Paul NEW YORK, Aug 29 - Meta's META.O Llama artificial intelligence models are being used by companies including Goldman Sachs GS.N and AT&T T.N for business functions like customer service, document review and computer code generation, the social media giant said in a statement on Thursday.
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DirecTV looks to renew pay-TV rules in Disney talks, Bloomberg News reports

DirecTV looks to renew pay-TV rules in Disney talks, Bloomberg News reports Aug 26 (Reuters) - Walt Disney Co DIS.N is in talks with pay-TV provider DirecTV to renew a contract that could result in channels like ABC and ESPN being blacked out as early as Sept. 1 if an agreement between them is not reached, Bloomberg News reported on Monday. Satellite television provider DirecTV is looking to ease contract terms that have traditionally required cable and satellite-TV distributors to charge custom
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AT&T to pay $950,000 to resolve investigation into 911 outage

UPDATE 1-AT&T to pay $950,000 to resolve investigation into 911 outage Adds AT&T statement, background on recent fines in paragraphs 3, 5-9 By David Shepardson WASHINGTON, Aug 26 (Reuters) - AT&T T.N has agreed to pay $950,000 after a Federal Communications Commission investigation found the company failed to deliver 911 calls to emergency call centers and did not notify officials during an August 2023 outage, the agency said on Monday.
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AT&T to pay $950,000 to resolve investigation into 911 outage

AT&T to pay $950,000 to resolve investigation into 911 outage WASHINGTON, Aug 26 (Reuters) - AT&T T.N has agreed to pay $950,000 to resolve a Federal Communications Commission investigation into an August 2023 outage of 911 calls in four states, the agency said Monday. The outage, which occurred during testing of portions of AT&T’s 911 network, impacted calls in parts of Illinois, Kansas, Texas, and Wisconsin.
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Snowflake raises annual product revenue forecast, unchanged margins weigh on shares

UPDATE 3-Snowflake raises annual product revenue forecast, unchanged margins weigh on shares Updates shares, adds details in paragraphs 3 & 8, analyst comment in paragraph 6 By Zaheer Kachwala Aug 21 (Reuters) - Data cloud analytics firm Snowflake SNOW.N on Wednesday raised its forecast for full-year product revenue, as it attracts more clients to its cloud platform owing to advancements in artificial intelligence.
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VoIP-Pal Files Antitrust Lawsuits Against AT&T, Verizon, T-Mobile, and Deutsche Telekom

BRIEF-VoIP-Pal Files Antitrust Lawsuits Against AT&T, Verizon, T-Mobile, and Deutsche Telekom Aug 21 (Reuters) - Deutsche Telekom AG DTEGn.DE : VOIP-PAL.COM: FILED ANTITRUST LAWSUIT AGAINST AT&T, VERIZON, T-MOBILE, AND DEUTSCHE TELEKOM IN US DISTRICT COURT VOIP-PAL.COM: LAWSUIT ACCUSE COS OF ENGAGING IN ANTICOMPETITIVE PRACTICES THAT RESTRICT COMPE
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17,000 Workers at AT&T Southeast Strike Over Unfair Labor Practices

BRIEF-17,000 Workers at AT&T Southeast Strike Over Unfair Labor Practices Aug 16 (Reuters) - AT&T Inc T.N : CWA- 17,000 WORKERS AT AT&T SOUTHEAST STRIKE OVER UNFAIR LABOR PRACTICES CWA: FILED UNFAIR LABOR PRACTICE CHARGE WITH NLRB AGAINST AT&T FOR NOT BARGAINING IN GOOD FAITH Source text for Eikon: [ID:] Further company coverage: T.N
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Column: Disney's bid to arbitrate husband's wrongful death suit has a chance

Column: Disney's bid to arbitrate husband's wrongful death suit has a chance The opinions expressed here are those of the author, a columnist for Reuters. By Jenna Greene Aug 16 (Reuters) - While Disney might not be winning any public relations awards with its push to move a wrongful death lawsuit brought by a widower in Florida out of the courts and into arbitration, lawyers for the entertainment giant are not without precedent in arguing the attempt is warranted.
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S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Ulta Beauty Inc ULTA.OQ +11.9% Paramount Global PARA.OQ +8.6% Super Micro Computer Inc SMCI.OQ +8.1% Albemarle Corp ALB.N +7.9% Deere & Co DE.N +7.4% Bottom Performers Percent Change Fair Isaac Corp FICO.N -3.6% AT&T Inc T.N -2.7% Mark
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S&P 500 top and bottom performing stocks at about 12:10 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:10 p.m. EDT S&P 500 .SPX Top Performers Percent Change Ulta Beauty Inc ULTA.OQ +11.9% United Airlines Holdings Inc UAL.OQ +7.2% Cisco Systems Inc CSCO.OQ +7.2% Align Technology Inc ALGN.OQ +7.0% Albemarle Corp ALB.N +6.7% Bottom Performers Percent Change Fair Isaac Corp FICO.N -2.6% CBOE G
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Snowflake falls as Wells Fargo downgrades stock on competition, macro concerns

BUZZ-Snowflake falls as Wells Fargo downgrades stock on competition, macro concerns ** Shares of data analytics firm Snowflake SNOW.N down ~4% at $122.2 premarket ** Brokerage Wells Fargo downgrades co to "equal weight" from "overweight", cuts PT to $130 from $200 ** It sees near-term challenges for SNOW due to rising competition from peers such as
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U.S. Allstate, bluebird bio , Vicinity Motor

U.S. RESEARCH ROUNDUP-Allstate, bluebird bio , Vicinity Motor Aug 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Allstate, bluebird bio and Vicinity Motor, on Thursday. HIGHLIGHTS * Allstate Corp ALL.N : CFRA cuts to hold from buy * Autodesk Inc ADSK.O : Baird raises target price to $295 from $289 * bluebird bio Inc BLUE.O : JP Morgan cuts to neutral from overweight * Provident Financial Services Inc PFS.N : KBW
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Immovable TV empire calls for irresistible force

BREAKINGVIEWS-Immovable TV empire calls for irresistible force The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Aug 8 (Reuters Breakingviews) - Warner Bros Discovery WBD.O boss David Zaslav has lost the benefit of any doubt. To belatedly commemorate the recent two-year anniversary of the mega-merger that created the TV empire, he delivered shareholders a $9 billion impairment on the networks.
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Warner Bros Discovery slides as $9 bln write-down points to TV woes

UPDATE 1-Warner Bros Discovery slides as $9 bln write-down points to TV woes Adds analyst comment in paragraph 8, updates share movement in paragraph 1 Aug 8 (Reuters) - Shares of Warner Bros Discovery WBD.O plunged more than 11% on Thursday after a $9.1 billion write-down of the media giant's TV assets sparked doubts about its broadcasting business.
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SKY Brasil parent launches fintech targeting suppliers with $178 mln investment

SKY Brasil parent launches fintech targeting suppliers with $178 mln investment By Kylie Madry Aug 8 (Reuters) - SKY Brasil's parent company will launch a fintech in the South American nation initially targeting small businesses that work with the telecommunications firm, with a 1 billion real ($177.83 million) investment over the next two years, the groups said on Thursday.
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Warner Bros Discovery slides as $9 bln write-down highlights TV woes

Warner Bros Discovery slides as $9 bln write-down highlights TV woes Aug 8 (Reuters) - Shares of Warner Bros Discovery WBD.O plunged 12% in premarket trading on Thursday after a $9.1 billion write-down of the media giant's TV assets sparked fresh concerns about its traditional broadcasting business. The company reported a $10 billion net loss for the second quarter due to the write-down and missed Wall Street estimates for quarterly results, overshadowing strong streaming subscriber growth thank
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Italy - Factors to watch on August 5

Italy - Factors to watch on August 5 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS (*) The foreign ministers of the Group of Seven (G7) major democracies called on all parties involved in the current conflict in the Middle East to avoid actions that could lead to an escalation, Italy's fo
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Sustainable Finance Newsletter - Wall Street yawns at new hacking disclosures

Sustainable Finance Newsletter - Wall Street yawns at new hacking disclosures By Ross Kerber July 31 (Reuters) - A massive loss of customer data from AT&T was one of the incidents that has turned up in new federal cybersecurity disclosures that companies are required to file. But AT&T's filing suggested little lasting financial impact, and investors shrugged off the matter.
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