Deira Trading Company

Disney box office flops put pressure on Iger, Bergman

Bob Iger, Disney, at Apple program Source: Apple It’s rare for Disney Chief Executive Bob Iger to acknowledge his company has had creative missteps. So when he does, it’s probably wise to pay attention. “As I’ve looked at our overall output, meaning the studio, it’s clear that the pandemic created a lot of challenges creatively […]

Thanksgiving air travel set for records in test for airlines

Travelers wait in line to check in for their flights at a Delta Airlines ticket counter at Orlando International Airport during the busy Christmas holiday season on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Airlines expect record travel demand this Thanksgiving. Executives say they’re prepared for the hordes. […]

Red Bull F1 dominance boosts energy drink sales

Red Bull’s Max Verstappen celebrates after winning the Brazilian Grand Prix on Nov. 5, 2023. Amanda Perobelli | Reuters Red Bull Racing’s dominance in Formula 1 this year is translating directly to higher sales of its namesake energy drink, the team’s principal and CEO, Christian Horner, told CNBC. “There’s an old adage of, ‘Win on […]

F1 spending cap made racing teams more investable

Singapore’s F1 Grand Prix in 2022. 2022. Bryn Lennon – Formula 1 | Formula 1 | Getty Images Take an elite field of world-class racing experts. Ask them to spend fewer dollars toward beating their bitter rivals. The result, it turns out, is a slate of newly investable assets. That’s how the heads of Formula […]

Opinion: Elon Musk’s X apocalyptic moment

Is this the beginning of the end for X, the social-media site previously known as Twitter? In the last two days, major advertisers, ranging from IBM Corp. IBM, Apple Inc. AAPL, Lions Gate Entertainment Corp. LGF.A, Walt Disney Co. DIS, even the European Union, have pulled their ads from X, after Elon Musk appeared to […]

T-Mobile sued after employee stole nude images from phone

T-Mobile is once again being accused of failing to protect sensitive consumer data after an employee at one of its retail stores stole nude images from a customer’s phone when she came to trade in an old device, according to a lawsuit filed Friday.  The incident is similar to at least eight others levied against […]

Opinion: The White House can protect the ethical use of AI. It can’t stifle growth.

It’s a global sprint to codify regulatory guardrails for Artificial Intelligence (AI). Bias, security, job displacement and economic control are just some of the risks that come with transformational leaps in technology. And yet, what possibilities in AI-driven healthcare, in particular, risk never reaching their potential if over-burdensome regulation stifles their growth? President Biden’s executive […]

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