AppLovin Shuts Down Array Product Amid App Installation Controversy
AppLovin has discontinued its Array product following allegations that apps were being installed on Android phones without user consent, affecting T-Mobile and Samsung devices.
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TrueCar Going Private: Founder Returns in $227M Deal
TrueCar founder Scott Painter is taking the automotive marketplace private in a $227 million all-cash deal at $2.55 per share, with plans to return as CEO.
Morgan Stanley Bullish on Roblox: $170 Target with $300 Bull Case
Morgan Stanley maintains Overweight rating on Roblox with $170 price target. Analyst sees parallels to YouTube and strong AI positioning for next-gen entertainment leader.
Walmart Partners with ChatGPT: Shop Directly Through AI Chat
Walmart teams up with OpenAI to enable direct shopping through ChatGPT. Buy Walmart and Sam's Club products with a simple "buy" button starting fall 2025.
Ericsson Stock Surges on Q3 Earnings Beat and Margin Strength
Ericsson shares jumped 15% after strong Q3 earnings, beating forecasts. An asset sale and cost cutting boosted profits and margins. Expect shareholder payouts.
Warner Bros Rejects Paramount's Low-Ball Takeover Bid
Warner Bros Discovery turns down Paramount Skydance's $20/share takeover offer. Paramount considers raising bid or going directly to shareholders for the media merger deal.