Jeffrey Katzenberg may be shutting down his nascent mobile streaming service Quibi, but that doesn’t mean that interactive video company Eko, which filed a patent infringement lawsuit against Quibi earlier this year, is letting him off the hook. In a statement, Eko’s attorney said that it has put Quibi on notice that “it cannot simply wind down its business, send its investors hundreds of...
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Google’s Standoff with AI Chip 'Shark' Broadcom
Jim Cramer, CNBC’s “Mad Money” host, took a swipe at our report today that Google has set an internal goal to break from Broadcom, its supplier of artificial intelligence chips. Cramer called the story “patently false” on X. Cramer, who has been particularly bullish on Broadcom lately, is often criticized for dispensing bad advice—for example, telling his viewers earlier this year to buy shares...
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