American entrepreneur, investor and philanthropist; founder of Emerson Collective
Apple has accused OpenAI of stealing trade secrets; OpenAI contends Apple’s offboarding practices fuel the dispute. The case centers on former Apple employees who joined OpenAI and the handling of confidential information as both sides seek expedited judicial action.
McClatchy has laid off over 90 reporters and staff across 17 publications, including The Sacramento Bee and The Miami Herald, affecting about 30% of unionized employees. Management says the cuts reflect a shift in investment away from subscriber-focused local news as print editions contract.
Skydance has secured equity injections as Paramount and Warner Bros. Discovery merge under its banner. Elon Musk’s roughly $1 billion investment deepens ties with Larry Ellison’s family as the new media empire targets at least $6 billion in annual cost savings amid a heavy debt load.