Warner Bros. Discovery Beats Investor Lawsuit Over Merger Disclosures – The Hollywood Reporter

[ad_1] Warner Bros. Discovery and its top brass will not have to face a lawsuit from investors accusing them of hiding adverse financial information about the company’s prospects leading up to the 2022 merger of Discovery and AT&T’s WarnerMedia. U.S. District Judge Valierie Caproni on Monday found that WBD didn’t overstate subscriber figures and was…

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Warner Bros. Discovery Beats Investor Lawsuit Over Merger Disclosures – The Hollywood Reporter

[ad_1] Warner Bros. Discovery CEO David Zaslav Ethan Miller/Getty Images Warner Bros. Discovery and its top brass will not have to face a lawsuit from investors accusing them of hiding adverse financial information about the company’s prospects leading up to the 2022 merger of Discovery and AT&T’s WarnerMedia. U.S. District Judge Valierie Caproni on Monday…

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Lawmakers seek answers from Blue Cross over controversial proposed sale | Business News

[ad_1] State lawmakers grilled officials with Blue Cross and Blue Shield of Louisiana for nearly eight hours Monday over the proposed $2.5 billion sale of the local nonprofit to Indiana-based Elevance Health, a for-profit company that is one of the nation’s largest insurers. Legislators, who came prepared with detailed questions about every aspect of the…

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Christian Horner, Red Bull’s F1 team principal, under investigation by company

[ad_1] Red Bull has commissioned an investigation into Christian Horner, the team principal of its highly successful Formula 1 racing team. In a statement Monday, Red Bull characterized the investigation of Horner, who is also CEO of Oracle Red Bull Racing, as independent. It would not detail the reason behind the investigation. “After being made…

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Birlasoft Launches its Generative AI Platform Cogito

[ad_1]  Birlasoft Ltd has introduced a comprehensive Generative AI platform Cogito. Birlasoft is part of the $2.9 bn CK Birla Group, which has over 35,000 employees and 49 manufacturing facilities globally. Birlasoft Cogito has been strategically crafted to empower enterprises to revolutionize their businesses through Generative AI capabilities. This launch underscores the company’s commitment to…

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