Walt Disney Co. pushed back at activist investor Nelson Peltz’s criticisms of its management, denying the Fox acquisition was overpriced and claiming that Peltz “does not understand Disney’s business.” In a slide presentation filed with securities regulators, Disney presented figures aimed at showing that under CEO Bob Iger, Disney stock had risen at a big premium to the broader market. The...
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What Google’s AI Catch-Up Reveals
Google is finally waking up. After weeks of excitement coursing through tech about OpenAI’s ChatGPT chatbot, paired with news coverage of how Microsoft plans to incorporate it into products like Bing and Word, Google has made a move. The tech company once seen as a leader in artificial intelligence on Monday unveiled its version of a conversational AI service, which it calls Bard. Google said...
Google Announces Plans to Use Chatbot in Search
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Vox Media Raises $100 Million from Penske
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