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Company Will Share User Data with Law Enforcement Following CEO Arrest

Encrypted messaging company Telegram has announced that it will share user data with law enforcement agencies to combat illegal activity on its platform. This significant privacy policy reversal comes after Telegram CEO Pavel Durov was arrested in France last month. Decryption Report Telegram, the popular messaging app known for its strong encryption and user privacy […]

Lionsgate Signs Deal with AI Company to ‘Save Millions’ in Film Production

Hollywood film studio Lionsgate has signed a deal with artificial intelligence company Runway to develop custom AI models to “save millions of dollars” on film productions. The deal comes as Lionsgate seeks to gain more control over the movie-making process at a time when the entertainment industry is grappling with the impact that AI will […]

Blackstone to sell Motel 6 chain and its parent company for $525M

An India-based hotel management company is acquiring Motel 6, a leading American budget motel chain. Olabel Stays, the parent company of global travel technology company Oyo, has announced that it will acquire franchisor G6 Hospitality and its extended-stay brands Motel 6 and Studio 6 for $525 million to current owner Blackstone. Blackstone, the New York-based […]

Boeing's defense and space chief is out, as company tries to fix troubled contracts

ARLINGTON, Va. (AP) — Boeing Co on Friday replaced the head of its defense and space business, which has been plagued by loss-making government contracts and embarrassing setbacks over its Starliner space capsule. Theodore “Ted” Colbert III has been removed from his role as president and CEO of Boeing Defense, Space and Security, effective immediately, […]

Nike CEO To Retire As Sportswear Company Sales Drop

The Nike logo is displayed at the Nike Well Collective store in Glendale, California on February 16, 2024. (Photo by Mario Tama/Getty Images) By James Myers, OAN StaffThursday, September 19, 2024 3:22 PM Sports brand Nike said on Thursday that Chief Executive Officer John Donahoe will step down after more than five years at the […]

Disney to stop using Slack after after hack exposes company secrets

The Walt Disney will stop using Slack as its company-wide workplace collaboration system after a group of hackers leaked more than a terabyte of company data online. The Wall Street Journal reported. Thursday, citing the memo. Disney Chief Financial Officer Hugh Johnston reportedly said the majority of the media and entertainment company's business will stop […]

23andMe board quits over plans to take DNA testing company private

All seven independent directors on 23andMe's board resigned on Tuesday, citing differences over the CEO's plan to take the company private. The departures leave the board with just one current member: Chairwoman Anne Wojcicki, who co-founded the genetic-testing company in 2006 and serves as its chief executive officer. Wojcicki submitted a proposal to take the […]