Category Archives: 24/7 Newsroom News

Diane Ladd, 3-Time Oscar Nominee, Dies at 89

Diane Ladd, 3-Time Oscar Nominee, Dies at 89

OJAI, Calif. (AP) — Diane Ladd, the three-time Academy Award nominee known for roles in “Alice Doesn’t Live Here Anymore” and “Wild at Heart,” has died at 89. Her daughter, Laura Dern, announced Ladd’s death on Monday, saying she passed away at her home in Ojai, California, with Dern by her side. Dern described her…MORE

Flight Delays Persist as Government Shutdown Leads to Air Traffic Controller Shortages

Flight Delays Persist as Government Shutdown Leads to Air Traffic Controller Shortages

Flight delays are continuing at U.S. airports amid air traffic controller shortages as the government shutdown enters its second month. Newark airport in New Jersey was experiencing delays of two to three hours on Sunday. George Bush Intercontinental Airport in Houston, Dallas Fort Worth International Airport and Chicago O’Hare were also seeing dozens of delays…MORE

South Korean President Calls for Aggressive AI Spending in Budget Speech

South Korean President Calls for Aggressive AI Spending in Budget Speech

SEOUL, South Korea (AP) — South Korean President Lee Jae Myung called for tripling government spending artificial intelligence infrastructure and technology in a budget speech to the legislature. Lee also called for lawmakers to approve a planned 8.2% increase in defense spending next year, which he said would help modernize the military’s weapons systems and…MORE

Tylenol, Kleenex, Band-Aid and More Put Under One Roof in $48.7 Billion Dollar Consumer Brands Deal

Tylenol, Kleenex, Band-Aid and More Put Under One Roof in $48.7 Billion Dollar Consumer Brands Deal

Kimberly-Clark is buying Tylenol maker Kenvue in an approximately $48.7 billion cash-and-stock deal, creating a massive consumer health goods company. The combined company will have a huge stable of household brands under one roof, putting Kenvue’s Listerine mouthwash and Band-Aid side-by-side with Kimberly-Clark’s Cottonelle toilet paper, Huggies and Kleenex tissues. It will also generate about…MORE

Microsoft to Ship 60,000 Nvidia AI Chips to UAE Under US-Approved Deal

Microsoft to Ship 60,000 Nvidia AI Chips to UAE Under US-Approved Deal

WASHINGTON (AP) — Microsoft has announced it will ship Nvidia’s advanced AI chips to the United Arab Emirates. The U.S. Commerce Department approved the deal in September. The company plans to send over 60,000 Nvidia chips, including the advanced GB300 Grace Blackwell chips, for use in UAE data centers. This move seems to contradict former…MORE

Starbucks Sells 60% Stake in China Business in $4 Billion Dollar Deal

Starbucks Sells 60% Stake in China Business in $4 Billion Dollar Deal

Starbucks is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement announced Monday, Boyu acquire a 60% interest in Starbucks’ retail operations in China, which is valued at $4 billion. Starbucks will retain a 40% interest in the joint venture and will own and license…MORE

OpenAI and Amazon Sign $38 Billion Deal for AI Computing Power

OpenAI and Amazon Sign $38 Billion Deal for AI Computing Power

SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal to run OpenAI’s systems on Amazon’s cloud services. OpenAI will access hundreds of thousands of Nvidia’s AI chips through Amazon Web Services. The deal was announced Monday, just days after OpenAI changed its partnership with Microsoft. Last week, California and Delaware regulators allowed…MORE